Start-up Business Plan<\/p>\n
Imagine you started a new business as an entrepreneur in Saudi Arabia<\/span>\u00a0(In Continuation to the Assignment -1).<\/p>\n Please, think and share information on the following items:<\/p>\n 4. Marketing Plan<\/p>\n a. Market Research- Why?<\/span>\u00a0(1 Mark)<\/span><\/p>\n b. Market Research- How? Primary or Secondary Data?<\/span>\u00a0(1 Mark)<\/span><\/p>\n c. In your marketing plan, be as specific as possible; give statistics, numbers, and sources. The marketing plan will be the basis, later on, of the all\u2010important sales projection.<\/span>\u00a0(3 Marks)<\/span><\/p>\n Product<\/p>\n \u2022 Describe the most important features. What is special about it?<\/span><\/p>\n \u2022 Describe the benefits. That is, what will the product do for the customer?<\/span><\/p>\n Customer<\/p>\n \u2022 Identify your targeted customers<\/span>\u00a0or your ideal customer: How many of them are there? It\u2019s important here to be specific.<\/span><\/p>\n \u2022<\/span>\u00a0D<\/span>emographics<\/span><\/p>\n \u2022<\/span>\u00a0C<\/span>ustomer\u00a0relationships:\u00a0How do customers want to interact with the\u00a0business?<\/span><\/p>\n Competition<\/p>\n