Before starting any research of investment in an e-commerce platform or agency that will build your online store, you should first have at least the following details established.
We will discuss about “MY Fashion” which is an imagined fashion brand.
Executive Summary:
MY Fashion is a new online store that will offer a curated selection of high-quality, stylish clothing, and accessories for men and women. Our target audience is fashion-conscious individuals who value quality and style, and are looking for a convenient and affordable way to shop for clothes online.
Business Description:
MY Fashion will be an ecommerce business that will operate exclusively online, with no physical storefront. Our website will be easy to navigate and will feature high-quality product images, detailed product descriptions, and multiple payment and shipping options.
We will source our products from a variety of reputable suppliers, and will carefully curate our product selection to offer a mix of classic and trendy styles that appeal to our target audience. We will also offer regular promotions and sales to encourage customer loyalty and repeat purchases.
We care about our environment and this will be a strong point when addressing our client’s target audience.
Market Analysis:
The online fashion retail market is highly competitive, but we believe that there is a strong demand for high-quality, stylish clothing and accessories at affordable prices. Our target audience is fashion-conscious individuals who value quality and style, and are looking for a convenient and affordable way to shop for clothes online.
We will differentiate ourselves from our competitors by offering a carefully curated product selection, personalized customer service, and regular promotions and sales. We will also focus on building strong relationships with our suppliers, which will help us offer a unique and diverse product selection that is not available from other online retailers.
Operations Plan:
MY Fashion will be an ecommerce business, with no physical storefront. Our website will be hosted on a reliable and secure web hosting platform and will be optimized for mobile devices to provide a seamless shopping experience for our customers. Also in future, we plan to invest in creating a unique mobile application so that our clients could test our products virtually.
We will use a combination of in-house staff and freelancers to manage our website, handle customer inquiries and orders, and fulfill and ship orders to customers. We will also use a fulfillment service for larger orders
You plan on creating an online store? We got you covered! Let’s discuss more it and establish a implementation plan.
