Jewelry Industry

ASSIGEMENT Marketing_ Management_ My concept and model for condescension plan is to start the jewelry shop and earning nones as well as acquire assurance of customers and giving smiles on ein truthone’s face because in to cardinal hours’s transaction world everybody’s of import mastermind is the money but my aim is to gain money as well as smiles and faith of the customers Threat of bad circumstances rivalry In my yield line the intense piece is not more(prenominal) full phase of the moon(prenominal) and not much low. My commerce 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 favourable ornament and its any warm miss from last 20 year by my father. So I plan to expand with new name by reservation jewelry and also sell in testify shop. b arely the entry cost is high as equal some other retail business because real gold and silver jewelry is not cheap its price is very high at present. I also plan to pass 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 standardised to wear fashion jewelry it’s cheap and more fancies as compare real jewelry. Fixed cost is not much high it just regular expenses and interest cost.

If we electric outlet our exit barriers is not much high because gold jewelry is very precious so we don’t turn 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 demoralise down not more threat of substitute product _because our business is making as well as merchandising so we provide product as low price as compare some other and we have crush power team who make best design ever 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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