A Report On Business Strategy Essay example

A Report On Business Strategy Essay example

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3. Business strategy

Tactics
As I am beginner in this industry as a matter of first importance i will search for suitable spot for my diamonds shop from where I can attract customers as they are passing in front of my shop. I will give 5% discount to my first 50 customers and if they bring 10 more customers with them then I will give them 10% discount.

Strategic impact
We will advance our shop at different craftsmanship shows and celebrations through out the nation. Through this publicizing we can reach to our target clients and additionally general deals by this occasion.
Secondly,we can utilize site which will be a source to scatter data, build visibility, and procedure requests. The site will be submitted to different web crawlers so individuals that are not by any means searching particularly for jewels will go over the website.
With the assistance of systems administration and advancement through the system of craftsmanship/gems exhibitions. At first will create associations with these displays. Our diamonds outline will visit various exhibitions in real urban areas and volunteer them to offer our precious diamonds products.These will help us essentially to increse the sales of our diamonds .
E-commerce and technology
As a part of my promotion or marketing i can take help from latest technology of promotions , I will promote my diamonds shop online/ websites like facebook ,twitter, grabone, nzsale, ebay.com, everbuying.com, with the help of these websites i can reach to those customers who are unable to visit my store but through websites or online shoping they buy what they want to buy from my shop

Core values
 Product Expertise
 Value for Money
 Efficiency of Service
 Customer Service
 Integrity
 Quality o...


... middle of paper ...


...s in different areas likewise and we can attain to 70% to 80% of our objective. As the demand of the diamonds are increasing day by day its a good opportunity to make Profit and with that profit we can open our own franchise in different cities of country.
Target market
Our Design will be concentrating on two unique gatherings of clients: the end purchaser, and displays. The end customer will be connecting with us through our site and also through individual contact at displays/shows. The exhibitions i.e historical center shops, gems stores will likewise be met through the shows and shows. At these occasions a long haul relationship will be gone into so that the shops turn into a retail dispersion channel for Our Design. Also, our Design will be venturing to every part of the nation meeting with distinctive exhibitions and setting up retailing associations with them.

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