Products and Services of Our New Business

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Products and Services of Our New Business

The products that we are selling are cloths. Our products are going to

be hats (trucker style), T-shirts, and stickers. The goal that we have

put forth is to just get our products out there. Our products are

going to be long lasting, durable, and very stylish. We plan on

producing clothes that are made to the specifications of the consumer

and to their style of liking.

Our clothing products will be durable, comfortable, and affordable.

The products will be available to our customers at low affordable

prices.

We plan to sell our products at lower prices than the other businesses

to boost our income and out-do the other companies. We will try to be

a business that meets the consumers' needs and wants.

The opportunity cost to our clothing company was to start a food

business. We could have chosen to make and sell some sort of food

product, but overall a clothing company was the best option in

starting a business that would be successful.

Marketing and Competition

-------------------------

The potential customers to the company would be practically anyone and

their age, socioeconomic status, ethnicity, or home city wouldn't

really matter. The products that our company makes would be directed

towards anyone interested but would most likely catch the eye of

skaters and surfers.

The needs and wants we plan to fill would be their need to have

comfortable and durable clothing that fits them the way they want

their cloths to fit. We would also be filling their want for a lower

price for the clothes they want.

The companies that are currently filling their needs and w...

... middle of paper ...

...ct by making questionnaires

that will be filled out by potential customers and those that we plan

to make the clothing for.

There are nearby businesses that are offering complements to our

products and we are probably offering complements to those companies

as well.

There might be one or two other businesses that might be substitutes

to our products and we plan on out doing those other businesses by

offering a fresh new style and by selling our products at a lower more

affordable price than the other businesses.

The demand for our products would be elastic because with the

slightest change in price would change the demand for the products

accordingly.

The supply would also be elastic in that the slightest change in the

price of the products would change the supply demand for the product

accordingly.

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