Describe in detail at least 10 non-price competitive aspects of your business. (Remember, non-price competitive factors include quality of a product, service, financing, added features or benefits… to name a few)
Describe 2 ways your business will compete on price. OR, explain why your business will NOT compete on price.
Note: This is a very important piece of your business plan. This is where you explain what will make your business better/ different/ special/ unique. The non-price competitive aspects of your business are the little things that set your business apart. How will you differentiate your product/ business from your competitor? Why will customers choose your product over a competitors? Research your competitors to see what they do.
No comments:
Post a Comment