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Strategy and Implementation Summary
What is your general approach to make your business a success and how will you achieve this?
Mobile Phone Store Marketing Strategy
What are the actual methods you are going to use in order to promote your Mobile Phone Store business to your existing and likely patrons. You can also add the overheads involved in doing this and strategies involved in lowering your marketing outlay and how your marketing strategy can target your customers better. For instance if you are using PPC as a means to target Mobile Phone Store patrons you may draw on long tail keyword search phrases significantly than succinct generic words. This ought to lower your PPC costs as well as laser targeting your customers; though it will of course take longer to set up. Read more about marketing strategy.
Mobile Phone 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 employ to get the sound out about your products and services to your would-be 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 benefits over your rivalry that you can exploit to your advantage? Are you able to keep your outlay lower than your rivalry so that you are continuously the cheapest? Do you have a first-class location? Are you the original or the only one to provide a service or product? Are you capable of staying ahead of the rivalry and if so what enables you to do this? Do you have a good brand, 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's 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 visit this website and get more information about putting your Mobile Phone Store business online.
Sales Strategy
How are you going to pick up sales for your Mobile Phone Store business in the first place and how are you going to expand or preserve sales as time goes on? How much is each sale going to cost you? Make definite you know what questions to ask of your would-be customers and know the answers to likely questions they will ask you. How are you going to build up a relationship with your patrons to get prospective sales from them? How are you going to check 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 Mobile Phone Store business proposal to assist you.
Management Summary
Management Team
Who are the major protagonists in your business?
Mobile Phone Store Organizational Structure
What is the structure of your company - who is the manager of each department in your business?
Personnel Plan
This ought to be a register of each person in your company, their remuneration and what if any share options they have for now and in the future. You can also add what type of contracts they have, long and short term and whether that is apt to change in the future or not.
Mobile Phone Store Financial Plan
Will you bring in all your own funding or will it be a fusion of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
Mobile Phone Store Break Even Analysis
How long will it take to get your capital investment back by means of 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.
Mobile Phone Store Profit and Loss
You can denote profit and loss in the form of a monthly and yearly bar chart as well as tables. Observably 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.
Mobile Phone Store Cash Flow
You ought to have tables and charts to demonstrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to take account of all your chief information which makes your business tick. 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 potential investors.
Exit Strategy
How exactly are you going to sell your Mobile Phone Store Business?
Mobile Phone Store Business Plan Page 1 | Mobile Phone Store Business Plan Page 2
Useful Mobile Phone Store Resources
Mobile Phone Store Marketing Plan | Mobile Phone Store Equipment | Mobile Phone Store Online
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