Crafting your business plan

Assignment Help Corporate Finance

Reference no: EM133386749

Part 1. Should be at least 500-750 words. With in text citations. Use the attachments as guides. Please also remember that this is for a used car dealership nothing to do with new cars. That will make this business planned overly complicated. Also, make sure that you remember that it will be in Tampa Florida so my advice is to do a little research on the local used car dealerships. When using websites for references, please make sure they are websites and based in the United States.

Continue researching and crafting your business plan. You will submit the following section in this module: • Opportunity: Market Analysis Summary o Include market segment strategy - trends, growth, needs, industry analysis and competition

Part 2(a). Should be between 150-300 words with in text citations. Keep in mind this is a discussion response. When using references please make sure that they are websites that are based in the United States.

We need to look into the four target markets to define a target audience for this product. Demographics, Geographic, Psychographic, and Behavioral. Demographics are age, income level, gender, occupation, and education level. Geographic is the regional location of the target audience. Psychographics are the perceptions, thoughts, and beliefs of the customer base. Behavior is the customer's reaction to how the customer responds to the product (Investopedia, 2023).
The demographics for my target market for my product are adults that are 30-60 years old and Middle-income families. People who purchase this product like to customize their life with personalized phrases or pieces with their personal touch.
The location would be the United States, but the product is available online so the establishment would be anywhere.
The Psychographic profile is for those interested in hobbies. Some hobbies include camping, RVing, mountains, biking, artists, and Inspirational wording. Lastly, advertising aims to create an image for the company so that people will recognize the brand and purchase from your company. This familiarity completes the behavioral demographic.

Reference no: EM133386749

Questions Cloud

How can environmental health departments : How can environmental health departments, promote an alternative of using sodium azide within the car industries?

Created the conditions that led to renaissance : What economic and social events created the conditions that led to the Renaissance? Why did the Renaissance begin in Italy?

Define and explain legal positivism : Define and explain Legal Positivism. How is Legal Positivism different than a Theocratic Regime? Describe how a country that follows Legal Positivism

Who is the population : Pick an aspect of these research efforts and describe what you learned. What is being studied? Who is the population? What are some of the findings?

Crafting your business plan : Crafting your business plan - We need to look into the four target markets to define a target audience for this product

Providing a detailed example and how it connects to theory : Select the Theory which best describes your 'workplace' or 'personal' experience; providing a detailed example and how it connects to the Theory

Compare and contrast scoping activities for traditional : Compare and contrast scoping activities for traditional and agile projects - which do you feel will provide the best estimates? How are estimates gathered

What mistakes were made and how could this been avoided : What mistakes were made? How could this been avoided? What is their current financial status? What recommendations do you have for the city leaders

What can the lpn do independently in the nursing process : What are some statements that relate to nursing in the 215t century? What can the LPN do independently in the nursing process?

User Account

All Pages