Next, outline the processes and intangibles specialist knowledge, skills, reputation etc that enable you to meet customer needs competitively.
Is it physical, intellectual, human or financial? Our Pricing Strategy Pricing, uniqueness and quality are some of the key factors that gives leverage to art galleries, it is normal for art lovers to go to places where they can get art works and related merchandise at cheaper price. Things change too quickly for that to be much use.
Thinking about your business in this way will help you identify how to manage its performance and what strategies you will need to develop your business model. As a matter of fact, our publicity and advertising strategy is not solely for winning customers over but to effectively communicate our brand.
We have been able to critically examine the art gallery and museum industry, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast.
We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.
The key partner: Who is your key partner?