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Strategy and Implementation Summary
What is your universal line of attack to make your business a success and how will you go about this?
Second Hand Clothes Retail Marketing Strategy
What are the authentic methods you are going to draw on in order to promote your Second Hand Clothes Retail business to your present and impending customers. You can moreover add the overheads 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 Pay Per Click as a technique to go for Second Hand Clothes Retail clients you may well draw on long tail keyword search phrases considerably than short generic words. This ought to shrink your PPC costs as well as laser targeting your patrons; although it will of course take longer to set up. Read more about marketing strategy.
Second Hand Clothes Retail Pricing Strategy
What stratagem did you use to get your selling prices for your 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 put into service to get the sound out as regards your products and services 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 above your competitors that you can exploit to your advantage? Are you capable of keeping your overheads lower than your opposition so that you are continuously the cheapest? Do you have a superior locality? Are you the pioneer or the only one to supply 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 class, 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 ought to think long and hard where your company is going to position itself. You can go and see this website and get more info with reference to putting your Second Hand Clothes Retail business online.
Sales Strategy
How are you going to get sales for your Second Hand Clothes Retail business in the first place and how are you going to intensify or preserve sales as time goes on? How much are your sales going to cost you? Make certain you know what questions to ask of your prospective patrons and know the answers to likely questions they will ask you. How are you going to foster a rapport with your patrons 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 Second Hand Clothes Retail business proposal to assist you.
Management Summary
Management Team
Who are the central players in your company?
Second Hand Clothes Retail Organizational Structure
What is the structure of your company - who is in charge of every division inside your company?
Personnel Plan
This ought to be a register 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, long and short term and whether that is apt to alter in the future or not.
Second Hand Clothes Retail Financial Plan
Will you bring in all your own funding or will it be a mix of your wealth, bank loans, or angel investors? Do you need help in writing your financial plan?
Second Hand Clothes Retail Break Even Analysis
How long will it take to get your capital investment back by means of sales of your services and products. You ought to represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Second Hand Clothes Retail 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 basis. You can obtain a free profit and loss spreadsheet to assist you.
Second Hand Clothes Retail Cash Flow
You should have tables and charts to demonstrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should take account of all your critical info which makes your business tick. 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 should only be given to impending investors.
Exit Strategy
How exactly are you going to sell your Second Hand Clothes Retail Business?
Second Hand Clothes Retail Business Plan Page 1 | Second Hand Clothes Retail Business Plan Page 2
Useful Second Hand Clothes Retail Resources
Second Hand Clothes Retail Marketing Plan | Second Hand Clothes Retail Equipment | Second Hand Clothes Retail Online
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