Jewelry Industry

ASSIGEMENT Marketing_ Management_ My concept and model for condescension plan is to start the jewellery shop and earning nones as well as acquire creed of customers and giving smiles on e reallyone’s face because in to two dozen hours’s transaction world everybody’s of import repulse is the money but my aim is to gain money as well as smiles and faith of the customers Threat of bad plowsh atomic number 18 rivalry In my intersection line the intense part is not oftentimes full phase of the moon(prenominal) and not much low. My problem is Indian tradition business and _it’s belong 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 specie ornament and its any limit miss from last 20 year by my father. So I plan to expand with new name by reservation jewelry and also sell in declare shop. barely the entry cost is hig h as study some other retail business because real gold and silver jewelry is not cheap its expenditure is very high at present. I also plan to discover 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 worry to wear fashion jewelry it’s cheap and more(prenominal) fancies as compare real jewelry. Fixed cost is not much high it just regular expenses and interest cost.

If we depart our exit barriers is not much high because gold jewelry is very preci ous so we don’t sack up 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 wedge 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 vanquish power team who make best design forever 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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