Business Plan for Faster-Groceries

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Business Plan for Faster-Groceries

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Tables of Content
Executive Summary.........................................................................................................................2
Business/Industry Overview............................................................................................................3
Market Analysis and Competition...................................................................................................4
Competitors..................................................................................................................................4
Competitive advantage................................................................................................................5
Sales and Marketing Plan................................................................................................................5
The service...................................................................................................................................5
Marketing Strategy......................................................................................................................6
Pricing strategy............................................................................................................................6
Promotional strategy....................................................................................................................6
Sales Channel...............................................................................................................................7
Ownership and Management Plan...................................................................................................7
Operating Plan.................................................................................................................................7
Action plan...................................................................................................................................8
Financial Plan..................................................................................................................................9
Sources of Financing...................................................................................................................9
Revenue/ Projected sales.............................................................................................................9

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Executive Summary
Faster-Groceries is one of the most recent online delivering company that will be
operating in the market with an aim of offering groceries to clients within Bellevue town. The
current COVID-19 pandemic has changed the normal operation of people compelling most
people within the town to depend on the online deliveries of goods and services. Faster-Groceries
will target both males and females’ households from Bellevue town. The objective of will be to
Faster-Groceries deliver 500 orders daily and increase its market share by 4%. The competitors
such as Walmart and Target will be the main companies that would challenge the operation of
Faster-Groceries but it will counter the challenge by using the best pricing strategy of its
products.
Business/Industry Overview
The covid-19 have taken the huge place for the people and adopting them with high online
shopping. While this could led them with having the technology user and make their more
experience for which they are being capable and led with highly effective things. This could also
important for keeping their customer and make their place order for having high situation and
make sure for having their more effective things. As demand for the customer and online
industry with high satisfaction. Alongside, this could led them for working with many more
profits and make their huge segments customer. In present time various companies have set up
their online business and keeping their working with more operation and also working with more
effective manner and make sure for keeping them and contribution about their terms (nicola, et
al., 2020).
the online retailing organization that could make them for working with high estimation
and keeping them with more effective things. In online business they keep their customer

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attraction and make sure for having their more profits and keeping them for having the purpose
about their effective places and make sure for having rights about their decision making
(brandon, et al., 2014). The increase in the number of people ordering for goods on the online
platform have resulting in many orders that online stores cannot manage hence forcing them to
decline some orders(baker, farrokhnia, meyer, pagel&yannelis, 2020).
My intended company will be majoring in the delivery of groceries within my town
owing to the closure of all operational grocery outlets in town. The idea for starting the new
business satisfying customer with online delivering services for their customer. This could help
the business for knowing about their profits and keep them with engaged with their websites.
Market Analysis and Competition
Competitors
The online delivery industry has been on the rise because of the number of people
adopting the norm of ordering for everything online. Walmart and Target companies will be the
main competitors in the industry because most people often prefer order from their online
grocery sites. However, during these companies, major competitors in the industry have been
hiking their prices because of the rising demand for their services. This implies that venturing in
the market would require my company to have a better pricing strategy that would convince
buyers that they can get the same products ordered from competitors at cheaper prices from my
company. The strengths of my online delivery company will extremely be vital as they help the
startup to stand a chance of fighting their competitors. Company strength of gaining a high share
in the market is essential, as it will allow it to compete against competitors. Proper utilization of
my company abilities will enable it to retain market fulfillment, as we will be capable of meeting
our customer demands efficiently. This is will be the primary source of popularity in the