Mgombele Fashion company

The following are the products we offer 1.Perfumes 2.Jewels 3.Bracellet
Monthly Revenue
$ 0
Monthly Profit
$ 0
Funding Required
$ 0
Market Size
500 0

Problem Statement

1.Changing global cosmetics regulations: Regulations regarding cosmetics manufacturing are constantly evolving, and manufacturers need to stay updated on the latest changes. 2.Innovation and cost-efficiency: While innovation is essential for standing out in the market, it can also be expensive.

Solution Statement

Stay informed about regulatory standards and updates by consulting authoritative sources such as government websites, scientific research, and industry associations.

Customer Profile

  • Location

    Our Audience are from Tanzania

  • Age Group

    We are targeting people from 25-34

  • Income Level

    Low Income

  • Buying Habits

    Habitual Buying (Little Thoughts on Products)

  • Technology Usage

    No Technology User (Prefers Physical Shopping)

  • Paint Points

    Delayed Responses

Evaluation of Business with

SWOT ANALYSIS

Strengths

  • Strong brand image and reputation
  • Superior customer service
  • Established market position
  • High-quality products or services

Weakness

  • Limited resources or funding
  • Poor customer service
  • Limited product or service offerings
  • Low employee morale or turnover

Opportunity

  • Expansion into new markets or geographies
  • Strategic partnerships or alliances
  • Growing demand for certain products or services
  • Changes in regulations or policies

Threats

  • Intense competition
  • Technological disruption
  • Intense competition
  • Natural disasters or other unforeseen events

Competitor Analysis

Elia

Competitive Advantage
  • Prices are Fair
  • Quality is Good
  • Customer Services is Poor
  • Location is Excellent

Emmanuel

Competitive Advantage
  • Prices are Fair
  • Quality is Good
  • Customer Services are Poor
  • Location is Excellent

Learn All About Our Key Members

Meet The Partners

Latifa

C.E.O

Hossea

Manager

Agness

Accountant

Marketing Strategies

Our Marketing Channels Include Google Ads, Social Media Ads
The following are my marketing plan 1.Social media and content market 2.Perternership 3.Local community engagement

Business Launch Strategy

It involves various marketing and promotional activities aimed at creating buzz and demand around the new offering. The ultimate goal is to generate excitement and interest among potential customers, encouraging them to purchase the new product.

Financial Projections

Monthly Projections

Product Revenue

Monthly Revenue

No Data Found

Monthly Expense

Monthly Expense Breakdown

No Data Found

Monthly Revenue
$ 0
Monthly Profit
$ 0
Monthly Expense
$ 0
Funding Required
$ 0

Key Milestones

Acquire first customers/users

2024-06-18

Launch the MVP

2024-06-18

Scale the business

2024-06-25

Develop and launch new features or products

2024-07-02