Urgent Essay Help-Opportunities and Competitive Advantage
Business Opportunities and Competitive Advantage
The goal is to describe what you’re planning to sell, the consumer need that your product(s)/services(s) will satisfy, who your target market is, and how you will differentiate yourself from your competitors in the marketplace.
Research potential business opportunities on the Internet, as well as relevant topics that can help you to cultivate new business ideas. Keep in mind that it’s better to smart small and grow your idea or market than to try to take on too much initially.
describe your potential business opportunity and complete the following:
Describe the product(s) or service(s) that you are planning to sell.
How much will you charge for your product(s)/service(s)?
How often do you plan to sell your product(s)/service(s)?\
Will your product(s)/service(s) require frequent updates? (e.g. software apps)Explain how your product(s)/service(s) will meet an unmet consumer need or problem. For example:
Is it a new product or service that does not yet exist, or a refinement of an existing product or service?
Does your product/service cater to a specific type of consumer or need?
Are you able to offer your product/service for a cheaper price than your competitors?
DO you offer your product/service at a more convenient location or with better hours? (e.g. over the Internet, a franchise in a growing neighborhood,
