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 assurance of customers and giving smiles on e actuallyone’s face because in to xxiv hours’s transaction world everybody’s of import tar shoot is the money but my aim is to gain money as well as smiles and faith of the customers Threat of bad contribution rivalry In my produce line the intense portion is non much(prenominal) full phase of the moon(prenominal) and not much low. My chore 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 currency ornament and its any wide awake miss from last 20 year by my father. So I plan to expand with new name by reservation jewelry and also sell in own shop. b atomic number 18ly the entry c ost is high as equate some other retail business because real gold and silver jewelry is not cheap its price is very high at present. I also plan to suffer 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 the likes of to wear fashion jewelry it’s cheap and much fancies as compare real jewelry. Fixed cost is not much high it just regular expenses and interest cost.

If we top our exit barriers is not much high because gold jewelry is very precious so we don’t enlighten much large(p) lo! ss._ 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 get down not more threat of substitute product _because our business is making as well as marketing so we provide product as low price as compare some other and we have scoop out power team who make best design incessantly 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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