Luxe Little Ones 1 Page Business Plan
Overview
Luxe Little Ones has a clear business objective to produce Luxury Childrens Clothing products. These products have been developed over Just starting 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 launch a new product. Whilst our existing products have been useful for testing the customer problem, new products are required to fully capitalise on our business potential. Our growth path is clearly oriented around the addition of new products, the development of these new products and the subsequent marketing of these. It is understood that costs will be associated with product development and marketing and these have been allowed for in our budget.
The Customer
Luxe Little Ones 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 Quality Fashionable Children's Clothing. This is a critical issue for our selected target market of Mothers Of Young Children.
The Value Proposition
Luxe Little Ones is uniquely positioned to deliver value to Mothers Of Young Children. "Luxe Little Ones will Provide a boutique luxury clothing line for children that's affordable." In order to be deliver on this value proposition, we We fill a gap in the market for quality, fashionable, affordable children's clothing. 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 Luxury Childrens Clothing market. We consider our key competitors to be: Pumpkin patch, target, big w, best n less, . Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Pumpkin patch, target, big w, best n less, by Our products are unique.
Key Strategies
Over the next 6 months our focus will be to Design and create a collection of childrens clothing. This task will be undertaken in the context of our broader strategy to Promote and sell my products. 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: Perfect our sewing Source wholesalers and custom manufacturers Launch Luxe Little Ones
About this document
Luxury Childrens Clothing Business Plan
This document was created by Shardae of Luxe Little Ones using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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