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Wednesday, July 30, 2014

Labking Jewelry 1 Page Business Plan

Watches Business Plan

Labking Jewelry 1 Page Business Plan



Overview

Labking Jewelry has a clear business objective to distribute Watches products. These products have been developed over 3 years 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 grow revenue. Rapid revenue growth is considered the most critical and measurable business goal. At this stage of our development, we consider this to be more important than profitability growth, although both are important long term objectives.

The Customer

Labking Jewelry 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 The opportunity to wear high end luxury watches otherwise unattainable at a fraction of the cost.. This is a critical issue for our selected target market of Male demographic, age range approximately 21-35.

The Value Proposition

Labking Jewelry is uniquely positioned to deliver value to Male demographic, age range approximately 21-35. "Labking Jewelry will Provide the professional and timely distribution of luxury watches direct to the customer at a competitively priced rate.." In order to be deliver on this value proposition, we Our time within the industry has afforded us a wide array on stable clientele thus a trusted name. Also our dedication to a wide array of various secured payment methods will give us a significant advantage by installing a certain level of trust our competitors lack.. 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 Watches market. We consider our key competitors to be: Mrlabman1
Chrisdajeweler
Mrfrosty. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Mrlabman1
Chrisdajeweler
Mrfrosty by The trust of our existing clientele to deliver product in a timely fashion as well as our wider options regarding payment..


Key Strategies

Over the next 6 months our focus will be to The retail distribution of watches and jewelry direct to the customer.. This task will be undertaken in the context of our broader strategy to Continue product distribution with profit made.. 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: Acquiring funding to purchase said inventory Acquiring said inventory Selling the entire inventory

About this document
Watches Business Plan
This document was created by David of Labking Jewelry using the 5 minute Busine
ss Plan App. This technology and approach is powered by HyperQuestions.

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