Tuesday April 14, 2015 Judy Nagy John Molson School of Business, Concordia 1450 Rue Guy Montreal, H3H 0A1 Re: Business plan, Ébéniste Jewelry Dear Professor Nagy, We have made the following plan as a business plan for Ébéniste Jewelry, in order to fulfill academic requirements as requested for the course of COMM 320 at John Molson School of Business. We would really appreciate feedback regarding this business plan. Thank you very much for your time. Sincerely, Ébéniste Jewelry team Ébéniste Jewelry Business Plan | COMM 320, Section R Professor: Judy Nagy Concordia University April 14, 2015 COMM 320, Section R Professor: Judy Nagy Concordia University April 14, 2015 | | Matheson Carroll …show more content…
He is a professionally-trained cabinet maker from Montreal. Gill makes hand-made wooden jewelry, with products ranging from rings, bracelets and earrings. He sells his products mostly on Etsy. Currently, Ébéniste has direct and indirect competitors within the retail and online stores. In the next three years, Ébéniste will focus towards increasing profit and exposure in order to gain market share. Ébéniste is focusing on two types of Industries, Jewelry Manufacturing and Online Jewelry Sales. In terms of the Jewelry Manufacturing, the expected growth for the next 4 years is expecting to decline. However, the Online Jewelry industry is expected to grow within the next few years. Ébéniste will be targeting men and women from the ages of 25 to 50, living in Canada and the United States. Also, it will target the middle to upper class customers. It is focusing on people who enjoy wearing alternative and unique jewelry. Ébéniste rings are custom-made to each individual where customers can send in meaningful materials to be incorporated into the rings and they can request
S(trengths) – Foxy Originals has saturated the Canadian market, which presents an opportunity for growth. The two owners have extensive experience in designing jewelry, having done so since they were in high school. They’re good at what they do and have had time to perfect their trade. They also have a firm grasp of who their target market is, so they are able to offer “fresh, fun, and funky” products at a reasonable price. With such a specific product (rather than just general jewelry), it creates a niche market that will generate loyal customers.
Smashburger is a rapidly expanding burger restaurant concept; they have announced a summary of its 2011 accomplishments and their marketing and expansion plans for 2012. Opening their first location in 2007 and growing rapidly ever since, now in 2011 Smashburger had yet another successful year of growth and consumer acceptance. Smashburger is quickly gaining national recognition for its juicy handmade burgers that are smashed fresh and served delicious, along with its localized recipes that celebrate regional taste profiles in
[MARKETING TODAY] January 24, 2011 True-False - Terminology/Concept 1. Marketing-related activities are limited to people called “marketers.” 2. The effective practice of marketing-related activities is limited to larger firms. 3. For virtually every good and service we purchase, the marketing process affects the assortment of models and styles offered in the marketplace. 4. The scope of marketing includes goods, services, organizations, people, places, and ideas. 5. A firm can anticipate demand through marketing research and sales forecasting activities. 6. A firm can stimulate demand through offering credit and by expanding a product’s distribution to include additional retailers. 7. Installation, alteration, and repair services are all
2. Situation Analysis – presents relevant background data on sales, costs, the market, competitors and various forces in the macro environment
Entrepreneurs are America’s best resource for economic prosperity and growth (Hall, A.) The creation of new products and services start with an idea to create a new product or an innovative product that already exists. The way a product or service is marketed to the consumers is the life or death of a product. Even the best product can fail if it is not presented in such a way that consumers are drawn to purchase it; which is ultimately the goal of any business that plans to make money off a manufactured goods or service. The Four P’s of marketing a product is the outline in which this can be done and what needs to be taken into consideration before the launch of a product. An effective strategy is essential to the growth of any business.
To the untrained eye, a ring is just a piece of jewelry. There is little to no appreciation for how its made or how valuable it is, just as long as it glistens and glows. To jewelers, the untrained eye is a menace, as a man buying an engagement ring will not care about the carats or the uniqueness of the piece, as long as it ‘looks like Beyonce’s.’ While jewelers are making pieces with unpopular gems and metals at excessive prices, salesmen struggle to sell these, as what is popular is what sells. To combat this wave of uninformed, trend-obsessed consumers, Jewelers’ Circular Keystone, a trade magazine whose audience is jewelers and salesmen, features content relating to the current status of the jewelry industry, as it changes seasonally. Keeping up with the times is imperative when working in jewelry, and as time changes so must JCK. In this trade magazine,
This analysis paper will explain if Dr. DoRight of Universal Human Care Hospital can manage when he discovers that patients inside the hospital are dying as a results of a extent of illegal practices by doctors, nurses and careless supervision of oversight on their be half. Also question the rights of staff to health and safety within the work place and address the duty of loyalty, and conflicts of interest between internal and external
Albert’s Jewelers opened their flagship store in Chicago in 1905. Today, that flagship store is one of the largest and most successful family jewelry stores in the country. It has been a favorite destination for anyone looking for the very best jewelry in Chicago. This may be due to the warm personal experience given to everyone who walks in their door. It may be attributed to the Albert’s Jeweler’s staff’s dedication to providing the very best customer care or because of their unwavering commitment to both their customers and the community. It always helps to have special relationships with world famous jewelry designers like Henri Daussi that gives Albert’s Jewelers access to new, cutting edge pieces not found elsewhere. Since the day they
Jewelry fabrication services will also show sluggish demand and will move to new centers. The CAGR of global fashion jewelry
Shopping online has become a common occurrence with some of us. It saves time not having to run from store to store looking for the best deal or to find exactly what we are looking for. The jewelry industry is a very large online enterprise. It is great for the shopper because of the competitive prices and the huge selection. However, in a basket of apples there are always some bad apples. The online jewelry business can be very easily started. The merchant merely plays the middleman between the consumer and the manufacturer. He can fill their site with product. Since they will probably be using a drop ship service, they do not have a large investment in order to keep items in stock.
Many of the precious stone and diamond-encrusted designs are inspired by mythical and natural totems and charms made in distinct quatrefoil pattern. The collection covers combinations of Japanese cultured pearls, sapphires, multi-colored lacquer and enamel as well as the unprecedented splendor of diamonds creating a desirable line of fine jewelry. The “Magnétique” line includes incredible pieces made of 18k yellow gold, oval brilliant cut diamonds and cabochon cut crystals. In the line “Envoûtante” there are amazing mixes of briolette, fantastic, brilliant and rose cut diamonds in 18k white gold. A fine, fancy bracelet, a necklace, a ring and two pairs of earrings of white gold and brilliant cut diamonds are found in “Secrète” theme line. You can find exquisite blends of red spinels, orange topazes, yellow sapphires, brilliant, pear square, cushion and baguette cut diamonds in 18k yellow and white gold in “Attirante” line of the collection. Other themes of the “Talismans de Chanel” collection are the lines “Mystérieuse”, “Solaire”, “Fascinante”, “Charismatique”, “Hypnotique”, “Particulière” and “Les Talismans de