Detailed Business Plan for a New E-commerce Venture: Trylo

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Added on  2023/01/19

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AI Summary
This project presents a business plan for a new e-commerce venture, focusing on the company Trylo. It details the concept, mission, and anticipated future of the business, emphasizing the use of interactive product visualization, 3D imaging, and augmented reality to enhance the customer experience. The plan outlines the roles of group members, the path to design, develop, and commercialize the concept, proposed financing options including equity financing and angel investors, and a marketing program with target market segmentation. It also addresses means to identify and include new opportunities and the pathway into the future, including key aspects like executive summaries and comprehensive research and development. The project concludes with references to relevant literature on e-commerce and business management.
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Starting a new e
commerce business
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Table of contents
Introduction
The concept, mission and future anticipated
Role contribution with rationale of group members.
Path to design, develop, commercialise the concept.
Proposed financing options with included sources to include role proposed to attendees.
Marketing program to include target market and segmentation.
Means to ensure identification and inclusion of new opportunity.
Pathway in to the future.
other aspects relevant to the business plan for this venture that will next develop.
Conclusion
References
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Introduction
Starting a new e commerce business venture is one of important aspect
to start a new business by identifying the potential needs and wants of
consumers in specific field to get desirable outcomes in positive
manner. This report bring new services that are interactive product
visualization in which high quality images of products should be
displayed, 3D imaging with augmented reality are major parts to come
in e commerce sector. It is one of most important factor to give one of
delighted experiences to consumers to remain always competitive in
market place.
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The concept, mission and future
anticipated.
To start a new business requires always a new idea or concept that are
unique from the existing business idea or concept that helps to attract
the attention of consumers in positive manner. The new idea of the
Trylo is to expand in sector of e commerce that are one of most
important platform to reach at large no. of consumer base that are the
necessity of today's world to remain always competitive in
marketplace. They come with the customised and virtual reality by 3D
imaging by giving augmented reality to best efforts.
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Role contribution with rationale of group
members.
When start a new business building one of potential team to give their
best in organisational development and enhancement is very much
important. For developing a effective team organisation and team
members have to select one of most competitive staff members that
contributes a lot. After selecting one of most competitive staff members
organisation have to distribute the roles and responsibilities as per the
transition process in which mission, goals and strategies consisted to
distribute roles and responsibilities in proper manner.
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Path to design, develop, commercialise the
concept.
To develop a unique concept organisation have to passes through the
systematic process in that are as follows:
choosing a product
Evaluation of idea
Obtaining Product
Research and prepare
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Proposed financing options with included
sources to include role proposed to attendees.
Finance is very much important for an organisation to reach at desirable
goals and objectives that have an entrepreneur to reach at their
desirable outcomes. In financing options that are as follows:
Equity financing
Angel investors
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Marketing program to include target market
and segmentation.
Target market and segmentation is one of most important aspect for an
organisation to build products and services as per the determined
consumers. Market segmentation refers to the activity or action of
bifurcating or dividing the market or consumers in which normally
included potential consumers that have shared characteristics.
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Means to ensure identification and inclusion
of new opportunity.
New opportunities refers to the bring unique idea or concept that are
very much important to remain always competitive into marketplace.
The new idea or opportunity proved fruitful for organisation in
determining the potential buyers and suppliers and innovation in the
product by identifying the anticipated needs and demands of consumers
to reach at optimum outcomes.
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Pathway in to the future.
he new idea or concept that aimed to implement should be best for
future perspective so that it can be compensate needs and wants of
consumers for long time in better manner. The plan that are
implemented by Trylo have be future oriented and easily compensate
the obligations of consumers in positive manner.
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other aspects relevant to the business plan for
this venture that will next develop.
There are some important aspects that require to build one of best
business plan to reach at desirable goals and objectives. In context of
Trylo they requires to think about other options to implement plan and
policies in successful manner that they build executive summary that
helps to understand the critical aspects that needed to implement while
launch a new service or product into market.
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Conclusion
From the above report is has been summarised that entrepreneurs and
unique thought with products are very much important for an
organisation as well as individual. Before launching a new product
organisation have to conduct research and development to take
potential outcomes.
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References
Chaffey, D., Hemphill, T. and Edmundson-Bird, D., 2015.
Digital business and e-commerce management. Pearson UK.
Combe, C., 2012. Introduction to E-business. Routledge.
Laudon, K.C. and Traver, C.G., 2016. E-commerce: business,
technology, society.
Trimi, S. and Berbegal-Mirabent, J., 2012. Business model
innovation in entrepreneurship. International Entrepreneurship
and Management Journal. 8(4). pp.449-465.
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Thank you
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