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A Surprising Business Idea

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Download business plan surprise ideas

Postby Mokree В» 14.02.2020

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To browse Academia. Skip to main content. You're using an out-of-date version of Internet Explorer. Log In Sign Up. Nubairah Mushtaq. It would be a pleasure for us to express our reverential appreciation to our teacher who has the attitude and the substance of a genius: they continually and convincingly conveyed a spirit of adventure in regard to our research and studies, and an excitement in regard to our future.

We would like to express our sincere Gratitude and thanks to our respectable teacher Mr. Khurram Adeel Shaikh for extending this support and cooperation in the whole semester and her guidance in the completion of the business plan. Without the Encouragement, Guidance and support of our Teacher the completion of this dissertation would not have been possible.

Elegant Gift Basket is concentrating on making different occasion based gift baskets out of a wide range of high-quality ingredients Elegant Gift Basket will offer the option of a custom basket allowing the customer to choose the ingredients themselves. Elegant Gift Basket will be selling to individuals as well as corporations.

Initially the bulk of its business will be generated by individuals from word-of-mouth referrals, but as time passes, corporations will become a growing percentage of sales.

The shop provides an impressive assortment of hard-to-find and creative gift ideas for people of all ages. The unique selection of gift items comes from all over the world while the silverware has been made in Pakistan. Customers can be divided into several categories based on who they're giving the baskets to: business people, friends, family, and networking acquaintances.

Visitors can select, order, and pay for their baskets on the Web site or by calling the phone number that's prominently displayed on the site. Elegant Gift Basket sets itself apart by focusing on unique gift baskets, by pricing them affordably, and by providing services for both buyers and recipients that have a uniquely personal touch, thus encouraging repeat business and referrals.

A wide range of gift wrapping options is also available. From economical gift wrapping to high-end gift boxes, we offers beautiful and elegant gift packaging solutions to suit every style and every budget. Multi-purpose boxes are also available at the shop and customized gift hampers can be assembled upon request. Both groups buy gift baskets as a goodwill gesture, typically for different reasons.

Individuals typically buy the baskets as a present with over half of sales occur during holidays. Corporations buy the baskets as presents as well, but usually for events unrelated to the holidays. Elegant Gift Basket customer purchases are occasion-driven.

Customers tend to be those without the time or desire to assemble their own gift baskets. These customers typically do not have a specific type of gift basket in mind when they look at Elegant Gift Basket product offerings; they just want to give a gift. Corporate- The corporate customer is typically buying the basket for a colleague at work, either as a sign of appreciation, for a special event, or as a thank you for a customer.

Competitive Edge Elegant Gift Basket competitive advantage will be based on two factors: o Low overhead which allows reasonable prices o Desire for the highest quality product and service This market space is already crowded; a mediocre gift basket service will not succeed, so there must be some sort of differentiation. Elegant Gift Basket Company only uses the finest quality ingredients and can afford to because of her low overhead. Resources required Elegant Gift Basket start-up costs will include all the equipment needed for the home-based office, legal fees, website creation, and start-up advertising.

The home office equipment will be the largest chunk of the start-up expenses. This equipment includes a computer system, fax machine, office supplies, cellular phone, and pager. Additionally, there will be the installation of a broadband connection, and furniture for the home office. Total start-up expenses are expected to be Rs 30 00, Financial plan The following sections will outline the important financial data.

We are targeting the individual or corporate peoples. Once our business is open, we will have many requests for donations, but be selective. Choose the events providing the highest profile for our target market and commit to them on an annual basis. Let them know we will be opening soon and invite them to stop by for a visit. We can ask family and friends to host gift basket parties. The host will invite additional people to a party to see a variety of gift baskets.

We can offer the host either a discount or commission of party sales. Setting up gift basket parties offers many benefits. Party attendees already have a relationship with the host. This relationship makes it much easier to build rapport and make initial sales. We can keep a list of gift basket party attendees and use them for future marketing efforts.

Often, hotels will offer special packages i. Often, hotels are looking for additional ways to provide their customers "wow" moments. We could market our gift basket business by contacting these hotels and offering to make special gift baskets. The hotel gets a special item to offer VIPS and we can increase our gift basket business sales.

Marketing Mix Four Ps are the most important factors for any company in making the marketing plan. To be specific, these 4 Ps are: 1 Product - your product s and services. Size: Gift Baskets are available in three different sizes Small size basket, Medium size basket and premium basket. Shape: Baskets are available in different shapes. Other than that these gift baskets would also be a help to our corporate clients who could gift them to anyone as a thanking gesture. Packaging: The packaging of the product would be according to the occasion on which the gift basket is being given and on the size of the basket chosen by the customer.

A complimentary greeting card is also printed with Customer message, or Customer can choose own favorite greeting card while checkout, our website page. Company decides how, when, how much quantity and where to place the product so that it is easily accessible to the customers. Our target is to sell our product in almost all the big cities of Pakistan, but we will take start from Karachi.

Hence we have chosen an online forum to conduct our business. Although the gift shop will likely require a portion of the sales price, the advantage for Elegant Gift Basket is that selective baskets can be displayed within the gift shop and available for immediate purchase, this should increase sales and will reach a currently under-served customer niche market.

It will have the added benefit of providing a public display space for selective gift baskets. Our marketing should help create an image about our business and that image should help convince potential customers that we are the only place they can get incredible baskets.

We basically want to spread the word about our business and generate a want or desire for our baskets. In addition, Elegant Gift Basket Web site address and phone number will be prominently displayed on all communication materials. It is our belief that the individual customers will be primarily obtained through word-of-mouth referrals. It is likely that they will have spoken to a previous client about Elegant Gift Basket Company and the referral of our services will speak for itself.

Elegant Gift Basket sales strategy will be to use an emphasis on our value and high quality when trying to close the sale of the prospect.

The prospective client can get a similar product from a number of different vendors. Elegant Gift Basket will attempt to close the sale by showing the high quality of the basket by highlighting some of the individual ingredients. Elegant Gift Basket expectation is that once they are impressed with the quality of the basket, they will then be surprised that it is priced the same as competing products. The combination of the perception of higher quality and the recognition of value should turn a lead into a customer.

People in other businesses, such as people offering courier services are offering this service too, but there is no company in Pakistan which solely caters to customers who want to send gifts to their loved ones and want to make them feel special.

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[Free Download] The One-Page Business Plan that I Use for Starting Any Business, time: 7:39
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Re: download business plan surprise ideas

Postby Netaur В» 14.02.2020

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Postby Sarisar В» 14.02.2020

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