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Strategy and Implementation Summary
What is your common strategy to make your business a success and how will you realize this?
CD and DVD Store Marketing Strategy
What are the authentic ways you are going to draw on in order to market your CD and DVD Store business to your existing and prospective customers. You can what's more add the expenses involved in doing this and strategies involved in reducing your marketing overheads and how your marketing strategy can seek out your patrons better. For example if you are using PPC as a way to go for CD and DVD Store customers you may well use long tail keyword search phrases considerably than short generic words. This ought to slash your Pay Per Click expenses as well as laser targeting your customers; even though it will of course take longer to set up. Read more about marketing strategy.
CD and DVD Store Pricing Strategy
What line of attack did you use to get your selling prices for your services and products? Are you going to use cost-plus pricing, limit pricing, loss leaders, market-oriented pricing, penetration pricing, price discrimination, premium pricing, predatory pricing, contribution margin-based pricing, psychological pricing, dynamic pricing, target pricing, absorption pricing, high-low pricing, marginal-cost pricing, odd pricing, freemium or pay what you want pricing?
Check out this article on pricing up your products
Promotion Strategy
What promotion strategies are you going to execute to get the word out concerning your services and products to your likely patrons - are you going to do media releases, run events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some advantage over your competitors that you can exploit to your advantage? Are you capable of keeping your costs lower than your rivals so that you are at all times the cheapest? Do you have a first-rate location? Are you the pioneer or the only one to provide a product or service? Are you able to stay in front of the opposition and if so what enables you to do this? Do you have a good identification, trademarks, patents or a licence?
Web Strategy
Are you just going to have nothing at all or an all singing and dancing website with bells and whistles on? In most case it is going to be something in-between these two, and you need to contemplate long and hard where your company is going to position itself. You can go and see this website and get more information in relation to putting your CD and DVD Store business online.
Sales Strategy
How are you going to pick up sales for your CD and DVD Store business in the first place and how are you going to boost or sustain sales as time goes on? How much are your sales going to cost you? Make sure you know what questions to ask of your prospective customers and know the answers to likely questions they will ask you. How are you going to shape an association with your customers to get yet to come sales from them? How are you going to observe your sales? Do you want to increase your sales?
Formulating a good business proposal will increase your chances of getting a sale. Use this sample CD and DVD Store business proposal to assist you.
Management Summary
Management Team
Who are the focal players in your company?
CD and DVD Store Organizational Structure
What is the hierarchy of your business - who is in charge of each division in your company?
Personnel Plan
This ought to be a record of each person in your business, their wage and what if any share options they have for now and in the future. You can also add what type of contracts they have, short and long term and whether that is liable to change in the future or not.
CD and DVD Store Financial Plan
Will you bring all your own funding or will it be a combination of your capital, bank loans, or angel investors? Do you need help in writing your financial plan?
CD and DVD Store Break Even Analysis
How long will it take to get your investments back in terms of capital outlay through sales of your services and products. You should represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
CD and DVD Store Profit and Loss
You can denote this usually in the form of a monthly and yearly bar chart as well as tables. Clearly these should be revised as your business goes along on a monthly basis. You can obtain a free profit and loss spreadsheet to assist you.
CD and DVD Store Cash Flow
You ought to have charts and tables to present your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should embrace all your essential info which makes your business operate efficiently. This should be your business financials - so all your tables of numbers, tax returns, inventory estimates and personal and business credit history information. The information in the appendix is highly confidential and ought to only be given to impending investors.
Exit Strategy
How exactly are you going to sell your CD and DVD Store Business?
CD and DVD Store Business Plan Page 1 | CD and DVD Store Business Plan Page 2
Useful CD and DVD Store Resources
CD and DVD Store Marketing Plan | CD and DVD Store Equipment | CD and DVD Store Online
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