Ask a question from expert

Ask now

Starting a 3D Printing Business: Market Opportunities and Competitor Strategies

2 Pages588 Words252 Views
   

Added on  2019-09-26

About This Document

This article discusses the need for 3D printing businesses, market opportunities, competitor strategies, and how to attract investors. It covers topics such as production of jewelry, toys manufacturing, printing customized pets, bio printing, and more. It also provides insights on how to deal with competitors through competitor advantages, innovation, and marketing strategies.

Starting a 3D Printing Business: Market Opportunities and Competitor Strategies

   Added on 2019-09-26

BookmarkShareRelated Documents
Q1. Business ideaThe world requires more advance inscribing ink on the paper. The printing has shifted from paper to cloth, wood, ceramics and other plain surfaces. The 3D printing is defined as the processwhich is used to synthesize the objects three dimensions. The layers of materials are successivelycreated under the control of the computer which helps to create an object. The shapes of the object can be geometric, or any other. The picture is printed from the 3D model or electronic data source for example: Addictive manufacturing file. The company will be selling 3D printing machines. The target markets will be the industrialists. Need of 3D printer businessThe 3D business helps to solve the problem of looking the tangible and intangible goods over thedesktop which helps to see the three dimensions of objects at the same time. 3D printing businessis the big innovation for the print industry.Market problem-solvingIt helps to solve the problem regarding the exact view of the picture which enables the buying decision of the consumers regarding the online shopping. The 3D printing can be done on the plastic, nylon, metal and other materials. Market opportunityThe 3D printing business creates a wide range of market opportunities which creates high profitability for the and high business growth over the span of time. The growth for 3D printing business force to create new technologies which create many business opportunities for the entrepreneurs. Following is the list of market opportunities:1.Production of Jewelry2.Toys manufacturing3.Printing of video games characters4.Printing customized pets 5.Bio printing Q2.The estimated total sales for 1 month are $200,000. If the actual sales are half of estimated sales, then we will analyze the reason and take measures to improve the sales volume of the company.Q3.
Starting a 3D Printing Business: Market Opportunities and Competitor Strategies_1

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
The American Online Brand | ASOS
|9
|1953
|260

Different Techniques to Generate Innovation
|5
|635
|96

Different Techniques to Generate Innovation
|5
|740
|50

Report on Importance of Branding Marketing Tool : Coco-Cola company
|18
|4997
|72

Where to Focus our Innovation Efforts
|4
|518
|195

Identifying Entrepreneurial Opportunities PDF
|17
|4543
|339