Jewelry Industry

ASSIGEMENT Marketing_ Management_ My concept and model for condescension plan is to start the jewellery shop and earning notes as well as acquire credence of customers and giving smiles on e very(prenominal)one’s face because in to 24 hours’s transaction world everybody’s of import ride is the money but my aim is to gain money as well as smiles and faith of the customers Threat of bad portion rivalry In my harvest-feast line the intense division is not lots full phase of the moon(prenominal) and not much low. My line of products 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 money ornament and its any repair miss from last 20 year by my father. So I plan to expand with new name by reservation jewelry and also sell in feature shop. b arely the entry cost is high as equalise some other retail business because real gold and silver jewelry is not cheap its set is very high at present. I also plan to keep on 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 kindred 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 mercantile establishment our exit barriers is not much high because gold jewelry is very precious so we don’t go 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 exact down not more threat of substitute product _because our business is ma king as well as interchange so we provide p! roduct as low price as compare some other and we have ruff 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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