Products and services of our new businessThe products we sell are cloths. Our products will be hats (trucker style), t-shirts and stickers. The goal we have set ourselves is simply to bring our products to the market. Our products will be durable, long-lasting and very elegant. We plan to produce clothes made according to the consumer's specifications and according to his liking style. Our clothing products will be durable, comfortable and affordable. The products will be available to our customers at low and affordable prices. We plan to sell our products at lower prices than other companies to increase our revenue and outperform other companies. We will seek to create a business that meets the needs and wants of consumers. The opportunity cost for our clothing company was to start a food business. We could have chosen to produce and sell some type of food product, but overall a clothing company was the best option to start a business that would be successful.Marketing and Competition----------- ------ --------The company's potential customers would be virtually anyone, and their age, socioeconomic status, ethnicity, or hometown wouldn't matter much. The products made by our company would be aimed at anyone interested but would most likely attract the attention of skaters and surfers. The needs and wants we intend to satisfy would be their need to have comfortable and durable clothing that fits them the way they want their clothing to fit. We will also satisfy their need for a lower price for the clothes they want. Companies that are currently meeting their needs and w...... half of paper ......ct by filling out questionnaires that will be filled out by potential customers and those for whom we intend to make clothing. There are nearby companies that offer complements to our products and we are probably offering complements to those companies as well. There may be one or two other businesses that could replace our products, and we plan to continue doing those other businesses by offering a fresh new style and selling our products at a lower, more affordable price than our other businesses. The demand for our products would be elastic because with the slightest change in price the demand for the products would change accordingly. The supply would also be elastic in the sense that the slightest change in the price of the products would consequently change the supply demand of the product.
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