Figure8BodyShapers 1 Page Business Plan
Overview
Figure8BodyShapers has a clear business objective to distribute Body Shapers products. These products have been developed over 1 month with a core focus on addressing the key customer problem and associated opportunities.
The Business Objectives
When as a key component of our growth strategy we consider it critical to identify and outline our business objectives, and align these objectives with clear and measurable development milestones. Our key long term business objective is to acquire new customers. Customer acquisition is considered to be the critical activity and we are seeking to grow the number of customers. We understand that customer growth could be at the expense of profitability, and that there is a cost associated with customer acquisition. Our long term objective is to build a clear customer acquisition process.
The Customer
Figure8BodyShapers has been created with a clear focus on the needs of our customers. Through a structured customer discovery process, we have validated the key customer problem as Helping individuals attain a healthy looking body frame in just hours.In 12 months the company should have an estimated 3000 products distributed to customers nationwide.. This is a critical issue for our selected target market of Women with different figures.
The Value Proposition
Figure8BodyShapers is uniquely positioned to deliver value to Women with different figures. "Figure8BodyShapers will Figure8 WaistWaistShapers provides products to assist women in gaining a smaller waist and better posture everyday.." In order to be deliver on this value proposition, we our devoted marketing team develops a social networking team to target search engines for new individuals seeking our products.. This capability has taken considerable time and resources to develop and forms the cornerstone of our competitive advantage.
Competitors
We have a number of competitors within the Body Shapers market. We consider our key competitors to be: There are companies such as NoWaist Shapers which sell the exact same products, but with less customer interaction to secure satisfaction during purchases. . Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with There are companies such as NoWaist Shapers which sell the exact same products, but with less customer interaction to secure satisfaction during purchases. by We are prominent about the customer receiving the best customer service to assure continued sales for the company. Many times it has been proven that constant awareness of the customers needs will flourish a business..
Key Strategies
Over the next 6 months our focus will be to In 6 months FIGURE8BODYSHAPERS will have perfected the marketing strategy to raise product sales.. This task will be undertaken in the context of our broader strategy to In 12 months the company should have an estimated 3000 products distributed to customers nationwide.. These strategies are a tactical implementation of our overall business goal as outlined above.
Milestones
Measurement of the successful implementation of our strategies will be governed by measurable development milestones. The milestones that will be achieved over the next 2 years are: Gain Investors Launch 2nd Product Begin Customer Appreciation Tactics
About this document
Body Shapers Business Plan
This document was created by A'melia Bouje' of Figure8BodyShapers using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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