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Website
Preliminary Draft
My
Business Idea
My business idea
is to sell footwear for men. This business idea will be in the retail industry
dealing with products that target the male population. The demand for footwear
is very high, particular in urban areas, and a business that can establish a
reliable B2B e-commerce can really growth.
Competitive
Landscape
Competition in the
market niche is very high. One part of the rivalry emanates from people with
physical business locations that limit the number of people seeking for
footwear products online. The other part of competition entails people who have
already established an online business model dealing in the same products. Over
100 companies are dealing with the same products, but customization and customer
service will make my business model unique.
My product will be
unique because the business model will incorporate branding based on customers’
preferences. Customer will also have a chance to pre-order their products and
stipulate how they want them, in terms of color, finishes, size, and other
aesthetics.
Target
Audience
The business
targets only men, but will be categorized into two groups—first, university male
students. Students in any tertiary learning level have a very sense of fashion,
they are, therefore, less concerned by price, as long as products of good
quality and fashionable. The e-Commerce will be made user friendly to meet the
needs of this particular group.
The second target
population is that of male employees. Workers in the community have a great
sense of wearing quality outfits, mainly shoes for me, particularly due to the
nature of their work. A male working in an office wants to wear something
unique. Hence the objective of the proposed e-Commerce will entail providing a
unique experience to both target population.
Marketing
and Advertising Strategy
I will create
awareness through social media platforms. Due to the nature of the target
population and the growth in information technology, it is viable to
communicate about the product we sell through social media. For example, almost
all campus students have access to the internet connection at school and their
home. Due to the availability of these vital resources, most spend a
significant among of time browsing online. I intend to take this opportunity to
create a website will good visibility and back its marketing opportunity with
ads that can be broadcasted on YouTube, Facebook, and other common channels.
Strategy
for Online presence