-
Essay / Products and services of our new company - 758
Products and services of our new companyThe products we sell are fabrics. Our products will be hats (trucker style), T-shirts and stickers. The objective we have put forward is simply to distribute our products. Our products will be durable, long-lasting and very stylish. We plan to produce clothing made to the consumer's specifications and style. Our clothing products will be durable, comfortable and affordable. The products will be available to our customers at low and affordable prices. We plan to sell our products at lower prices than other companies to increase our revenue and outperform other companies. We will try to be a company that meets the needs and desires of consumers. The opportunity cost for our clothing business 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 for starting a successful business. Marketing and Competition ----------------- --------The company's potential customers would be virtually anyone and their age, socio-economic status , their ethnicity or hometown wouldn't really matter. The products our company produces would appeal to anyone interested, but would most likely attract the attention of skaters and surfers. The needs and wants that we plan to fulfill would be their need to have comfortable and durable clothing that fits them the way they want. We would also fill their need for a lower price for the clothes they want. Companies that are currently meeting their needs and that have...... middle of paper ...... ct by making questionnaires that will be completed by potential customers and those for whom we plan to manufacture the clothes. There are companies nearby that offer supplements to our products and we likely offer supplements to those companies as well. There may be one or two other companies that could replace our products and we plan apart from these other companies by coming up with a new style and selling our products at a more affordable price than other companies. The demand for our products would be elastic because the slightest change in price would change the demand for the products accordingly. Supply would also be elastic in the sense that the slightest change in the price of the products would correspondingly change the supply demand for the product..