We also need to study the competitors who are currently on the rise. Analyze competitors with SWOT analysis , so that we can find the value that users need, and the unique value that only we can highlight.
Why?
Because we want to look at the strengths and weaknesses to find new opportunities for our target market. From there, we can create plans and strategies to increase business sales.
4. TYPE OF MATERIAL
The choice of materials for our products . The materials chosen greatly affect the value that will be received by the user, and this can also affect our brand value.
Carefully study the selected material to ensure it is suitable for our product.
Make sure to choose quality, comfortable and safe materials .
5. PRICING MATERIAL
Pricing material, need to be compared from the supplier as well. This panama phone data will affect the determination of the price you want to put, and its suitability to the target market as well.
Carefully study the cost of materials and look at the market price.
Make sure our selling price can cover costs and provide profit to the business. Be careful not to play with cheap prices, don't let the company lose money!
6. BUSINESS CAPITAL
Capital capability.. This fabric capital, usually hit the beginning, and also requires large capital for rolling business. If you get credit from the supplier, from the tailor, it is indeed a win la..
This is based on our ability or track record of selling as well, and the track record of transactions with suppliers.
Some founders need external funding to support this capital. This needs to be carefully calculated. If you're not good at managing capital, it could be a big problem later!
3. SWOT ANALYSIS Not only do we need to study the market
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