You are going to set up your new business. What do you care about? Why?
You are going to set up your new business. What do you care about? Why? 6dM9B
It is difficult and risky to start a new business, so I need to specify steps in my plan. For that purpose, i have to clearly define: what to produce or sell? who to sell? Where to sell? And how to sell? The first, identify the most promising segments beacause segmentation allows businesses to better use their budgets, gaining a competitive edge over the competition. Identifying target customers makes marketing easier. For example, if your business sell luxury products, your target customers will be group of rich people. Third, after knowing your target customers, you will choose the right locations for the new stores, where they are crowded. Finally, you must know how to compete with other businesses to sell products. In addition, you need to add other special elements. Nowadays, there are a lot of startup, so you have to make a difference to succeed
It is difficult and risky to
start
a new
business
,
so
I need to specify steps in my plan. For that purpose,
i
have to
clearly
define: what to produce or
sell
?
who
to
sell
? Where to
sell
? And how to
sell
? The
first
, identify the most promising segments
beacause
segmentation
allows
businesses
to better
use
their budgets, gaining a competitive edge over the competition. Identifying target customers
makes
marketing easier.
For example
, if your
business
sell
luxury products, your target customers will be group of rich
people
. Third, after knowing your target customers, you will choose the right locations for the new stores, where they
are crowded
.
Finally
, you
must
know how to compete with other
businesses
to
sell
products.
In addition
, you need to
add
other special elements. Nowadays, there are
a lot of startup
,
so
you
have to
make
a difference to succeed