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Strategy and Implementation Summary
What is your universal approach to make your business a success and how will you realize this?
eBay Drop Shop Marketing Strategy
What are the authentic ways you are going to employ in order to promote your eBay Drop Shop business to your present and would-be clients. You can what's more add the costs involved in doing this and strategies involved in lowering your marketing costs and how your marketing strategy can seek out your patrons better. For example if you are using PPC as a way to target eBay Drop Shop patrons you may draw on long tail keyword search phrases to a certain extent than short generic words. This should drive down your Pay Per Click costs as well as laser targeting your patrons; although it will of course take longer to set up. Read more about marketing strategy.
eBay Drop Shop Pricing Strategy
How did you work out your price points products and services? 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 employ to get the word out regarding your products and services to your would-be customers - are you going to do media releases, hold events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some advantage over your competition that you can exploit to your gain? Are you capable of keeping your costs lower than your competitors so that you are continually the cheapest? Do you have a first-class site? Are you the first or the only one to provide a service or product? Are you capable of staying ahead of the opposition and if so what enables you to do this? Do you have a good make, trademarks, patents or a licence?
Web Strategy
Are you going to have no website whatsoever or an all singing and dancing website with bells and whistles on? In most scenarios it is going to be something in-between these two, and you need to deliberate long and hard where your business is going to position itself. You can pay a visit to this website and get more info concerning putting your eBay Drop Shop business online.
Sales Strategy
How are you going to acquire sales for your eBay Drop Shop business in the first place and how are you going to increase or preserve sales as time goes on? How much is every sale going to cost you? Make certain you know what questions to ask of your possible patrons and know the answers to likely questions they will ask you. How are you going to build up a bond with your clients to get yet to come sales from them? How are you going to monitor 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 eBay Drop Shop business proposal to assist you.
Management Summary
Management Team
Who are the central protagonists in your business?
eBay Drop Shop Organizational Structure
What is the structure of your company - who is the manager of each division within your company?
Personnel Plan
This should be a roll of everybody in your business, how much they are paid 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 alter in the future or not.
eBay Drop Shop Financial Plan
Will you supply all your own funding or will it be a mix of your cash, bank loans, or angel investors? Do you need help in writing your financial plan?
eBay Drop Shop 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 graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
eBay Drop Shop Profit and Loss
You can represent this usually in the form of a monthly and yearly bar chart as well as tables. Obviously these should be revised as your business goes along on a monthly base. You can obtain a free profit and loss spreadsheet to assist you.
eBay Drop Shop Cash Flow
You should have charts and tables to display your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should bring in all your crucial information which makes your business operate efficiently. This ought to 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 potential investors.
Exit Strategy
How exactly are you going to sell your eBay Drop Shop Business?
eBay Drop Shop Business Plan Page 1 | eBay Drop Shop Business Plan Page 2
Useful eBay Drop Shop Resources
eBay Drop Shop Marketing Plan | eBay Drop Shop Equipment | eBay Drop Shop Online
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