Online Shop Till You Drop 1 Page Business Plan
Overview
Online Shop Till You Drop has a clear business objective to distribute General merchandise 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
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
Online Shop Till You Drop 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 An easy and quick place to buy new and used items of almost any category of product. This is a critical issue for our selected target market of Everyone that shops.
The Value Proposition
Online Shop Till You Drop is uniquely positioned to deliver value to Everyone that shops. "Online Shop Till You Drop will Provides a service of new products that retail for usually double the price." In order to be deliver on this value proposition, we It is a quick and easy way to find almost anything for a price that can't be beat.. 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 General merchandise market. We consider our key competitors to be: Online stores such as Craigslist, Letgo, eBay, and Amazon. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Online stores such as Craigslist, Letgo, eBay, and Amazon by there is more of a personal connection than buying from eBay and amazing. The products on Craigslist and Letgo are used, for around the same price I have mine for new.
Key Strategies
Over the next 6 months, our focus will be to Increase ways of selling; i.e. Website, Online Store, Greater range and amount of new and repeat customers. . This task will be undertaken in the context of our broader strategy to Finish the website/online store. Get my name out there i.e. Business cards, Google ads, social media. . 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: Obtain a clientele of repeat customers Build up inventory while still making profit Finish website/online store and get the name out there
About this document
General merchandise Business Plan
This document was created by Avery of Online Shop Till You Drop using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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