Fashion Apparel for Muslim 1 Page Business Plan
Overview
Fashion Apparel for Muslim has a clear business objective to develop, produce, promote and distribute Customized Retailer Variety products and services. These products and services have been developed over 1 year 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
Fashion Apparel for Muslim 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 demand on new products and become trendsetter. This is a critical issue for our selected target market of small and big entrepreneurs.
The Value Proposition
Fashion Apparel for Muslim is uniquely positioned to deliver value to small and big entrepreneurs. "Fashion Apparel for Muslim will produce lower retail price for mass subscribing, willingness to develop any customized ideas or design that customers' come up with, quality assured." In order to be deliver on this value proposition, we able to set lower retail and market price as we urge to find best deals in market fot raw material, that in the end allow us to gain more profit that later enables us to produce more revenue, and also trending ahead from others. 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 Customized Retailer Variety market. We consider our key competitors to be: well-established businesses that mainly hold control on market price. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with well-established businesses that mainly hold control on market price by lower in price, trending in new design but with almost same quality as compared to the competitors.
Key Strategies
Over the next 6 months our focus will be to innovative in new design on monthly basis, trending products, productivity and punctuality. This task will be undertaken in the context of our broader strategy to acquire new customers which focus on mass production and expand business to nearest region. 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: Become major in trending Add variousness of product Expand to nearest region
About this document
Customized Retailer Variety Business Plan
This document was created by ruzan of Fashion Apparel for Muslim using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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