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Strategy and Implementation Summary
What is your common strategy to make your business a winner and how will you go about this?
Sports Collectible Marketing Strategy
What are the authentic methods you are going to exercise in order to promote your Sports Collectible business to your existing and probable clients. You can moreover add the costs involved in doing this and strategies involved in lowering your marketing costs and how your marketing strategy can target your customers better. For example if you are using Pay Per Click as a method to go for Sports Collectible customers you may draw on long tail keyword search phrases considerably than short generic words. This ought to lessen 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.
Sports Collectible Pricing Strategy
How have you arrived at your 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 sound out about your products and services to your potential patrons - are you going to do media releases, hold events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some benefits over your competition that you can exploit to your benefit? Are you able to keep your costs lower than your rivals so that you are continually the cheapest? Do you have a prime location? Are you the first or the only one to supply a product or service? Are you able to stay 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 need to contemplate long and hard where your business is going to position itself. You can visit this website and get more info on the subject of putting your Sports Collectible business online.
Sales Strategy
How are you going to acquire sales for your Sports Collectible business in the first place and how are you going to increase or sustain sales as time goes on? How much is every sale going to cost you? Make certain you know what questions to ask of your budding clients and know the answers to likely questions they will ask you. How are you going to develop a relationship with your clients to get future 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 Sports Collectible business proposal to assist you.
Management Summary
Management Team
Who are the most important players in your business?
Sports Collectible Organizational Structure
What is the structure of your company - who is in charge of each department within your company?
Personnel Plan
This should be a roll of everyone in your company, how much they get 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 expected to alter in the future or not.
Sports Collectible Financial Plan
Will you deliver all your own funding or will it be a fusion of your cash, bank loans, or angel investors? Do you need help in writing your financial plan?
Sports Collectible Break Even Analysis
How long will it take to get your capital investment back through 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.
Sports Collectible Profit and Loss
You can embody profit and loss 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 base. You can obtain a free profit and loss spreadsheet to assist you.
Sports Collectible Cash Flow
You should have charts and tables to explain your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to embrace all your important 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 Sports Collectible Business?
Sports Collectible Business Plan Page 1 | Sports Collectible Business Plan Page 2
Useful Sports Collectible Resources
Sports Collectible Marketing Plan | Sports Collectible Equipment | Sports Collectible Online
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