Project Development & Implementation for Strategic Managers
Table of Contents
Introduction1
Executive Summary1
Company mission and vision:3
Mission statement3
Vision statement:3
E-Business3
Environmental & Industry analysis5
Market trends5
Industry growth6
Competitor's analysis6
Description of Venture7
Cost of material and other resources8
Office equipment8
Personnel8
Required Sources8
Machinery9
Timescale Management and Implementation of the project9
The web plan9
Development Strategy10
Front end strategy10
Backend strategy10
Transaction and order verification11
Hiring web hosting services11
Security certificate11
The Ground Plan12
Sales strategy12
Website12
Customer service12
Quality product13
Marketing and Promotional Strategy13
Core Strategies13
Value proposition14
Unique Identity Pursuance14
Exceeding customer expectation & gaining trust15
Responsible Corporate Citizenship15
Measures to monitor and evaluate success15
Major Risks15
Counteraction16
APPENDIX B20
Project Development & Implementation for Strategic Managers
Introduction
The purpose of writing this assignment is to develop a business case or a plan for any new product, service or a process, and the author of the paper tried to present readers friendly paper. The main highlights of the paper is to discuss the current trends in the specific industry that selected by the author, and after discussing the current trends in the market, the author's focus is on the market competitiveness of the product. Financial and cost analysis considered to be the most important part of a business case. Therefore, in this paper, the author laid special emphasis on the financial side by developing the financial statements of the project. Beside the financial aspect, marketing also hold the crucial position in the development of the business. Therefore, for the marketing aspect, the author planned a special marketing strategy to promote the product. At last, the paper concluded on developing the appropriate measures that used to measure the success ratio of the business.
Executive Summary
The author being part of management of business planned an online business named “Evolution” performing services of t-shirt customization. The management decided to take the t-shirt segment of the garment market online where customer will have an opportunity to create T-shirts and other accessories according to their own desire and personal look. The clients can therefore create their product and order it online. “Evolution” will deliver them their customized product, and provide them with a great blissful and joyous feeling of “my creation...!”
Evolution comes up with a marking statement:
“ALL YOU WEAR IS ALL ABOUT YOU.”
At present Evolution will be providing customization specifically for t-shirts, and other certain accessories which include hand bags and related in future. The Evolution basically based on the team of four college friends, who starting their own business.
E-business is becoming widely practiced all around the world and United Kingdom considered being one of the huge markets for the e-business. Online customization of products is the charm of this online stream of business which is not that feasible in the physical business environment. Zazzle.com which is a US based customization website for products such as t-shirts, caps, cups etc. has been a great success.
The market Evolution will be facing has immense competition. Big brands such as Levi's, Outfitters and Lacoste are enjoying great market shares and brand image. A great number of our target market is loyal to these brands as well. Thus penetrating into the market, gaining customer satisfaction, loyalty and building a long lasting brand image is ...