Jewelry Industry

ASSIGEMENT Marketing_ Management_ My concept and model for condescension plan is to start the jewelry shop and earning notes as well as acquire trustfulness of customers and giving smiles on e veryone’s face because in to xxiv hours’s transaction world everybody’s of import take up is the money but my aim is to gain money as well as smiles and faith of the customers Threat of bad allocate rivalry In my mathematical product line the intense member is not lots full phase of the moon(prenominal) and not much low. My trade is Indian tradition business and _it’s be to the stack mood celebration and people community rules. In my business entry level is not tough for me because my family business is do silver and atomic number 79 ornament and its any constitute miss from last 20 year by my father. So I plan to expand with new name by reservation jewelry and also sell in cause shop. bargonly the entry cost is high a s equalise some other retail business because real gold and silver jewelry is not cheap its footing is very high at present. I also plan to move carriage (imitation) jewelry in my shop, because some people are very fashion concies. They want to look change on every day so real jewelry is not affordable for all people (except some celebrity). So they care to wear fashion jewelry it’s cheap and more than fancies as compare real jewelry. Fixed cost is not much high it just regular expenses and interest cost.

If we dismissal our exit barriers is not much high because gold jewelry is very precious so we don ’t direct much large(p) loss._ Ex! . Entry cost is app- $ 150000 to $160000 _ Reg exp app- $ 2000 to $2500 _ _ If we exit app– we make 20% great(p) loss_ Threat of new entrants . Threat of substitute products Our business pass down not more threat of substitute product _because our business is making as well as selling so we provide product as low price as compare some other and we have top hat power team who make best design evermore for customer. Our merchandise channel is became good we offer...If you want to get a full essay, order it on our website: BestEssayCheap.com

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