Our main source of income comes from product sales with a competitive pricing strategy to attract our customers. Our cost structure includes inventory costs store rental employee salaries marketing etc. Marketing Plan We will use a variety of marketing. Channels including social mia print advertising and partnerships with youth influencers to promote our brand. We will also hold product launch events and special discounts to attract customers attention.
Operational plan we have Projections
One retail store in a wellknown shopping Malaysia Telegram Number Data center. And plan to open additional stores in strategic locations in the next two years. We will maintain sufficient inventory to meet customer demand and maintain the quality of our products. Our operational processes include receiving managing and delivering products to customers. Financial Bas on our financial projections we are targeting first year revenues of X billion with average revenue growth of per year. We estimate operating costs of XXX million per year and net profit for the first year of XX million.
Risk Evaluation Potential
Risks we identifi include changes Mexico Phone Number List in fashion trends intense competition fluctuations in raw material prices and regulatory changes. by maintaining product quality conducting careful market research and maintaining good relationships with our suppliers. Management Team Our management team consists of a CEO CFO and COO who have extensive experience in the fashion and retail industries. Each has assign responsibilities to ensure smooth operations and business success. Growth Plan Our plans for longterm growth include expansion into other cities development of new product lines and implementation of a stronger ecommerce strategy. Also read Getting to know Mia Planning in the Business.