Professional Documents
Culture Documents
Inc.
QUINNEQUA MCCRARY
TIFFANIE NORWOOD
JORDAN WHITAKER
12TH GRADE
17,17,17
Business Profile
We picked a clothing store because, all of we have a passion for
fashion. We could each enjoy owing and operating a store that fits
our interests.
Retail: Customer needs- all customers need clothes, so why not be
cute clothes. We give them good choices.
Legal Structure: Partnership
Product/service- clothes and accessories
Product\Service
Qualification
We have advantages to know what the people in our age group want.
Consumer Profile
New York City is a huge and very busy city, so there is a lot of
potential customers.
Their education is more than likely recent high school grads, possibly
college students.
Behavior
Income
Competition
Competit
or
Price
Quality
Greatest
strength
Rue 21
$10.00
Poor
Designs
Forever
21
$22.00
Good
Prices
Macys
$27.80
Good
Prices
Hollister
$34.95
Great
Brand
American $23.97
Eagle
Good
Popularity
G.A.P
$59.95
Excellent
Stitching
Polo
$59.99
Excellent
Stitching/
popularity
Marketing Mix
Place: We chose New York city because, its the shopping capital
of the world and everyone shops there.
Product: The benefits are you need clothes because, you cant go
out nude in public; features are we have stylish clothes at
affordable prices.
Marketing Plan
Phase
Method
Description
Cost
Awareness
Advertisements
Billboards,
magazines, TV
5,000
Purchase
The clothes we
show and our
customer service
Tops, Bottoms,
Sandals, Jewelry
5,000
Retention
Great customer
service and low
prices
Friendly smiles,
help
1,000
Hours
Entrepreneurship
12
School Hours
Work Hours
Monthly Cost
Entrepreneurial Stipend
$59.00
Utilities
$200
Salaries of employees
$750
Advertising
$1000
Insurance
$1500
Interest
$1000
Rent
$200
Depreciation
$200
Other
$40
$4,949
Educational