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The importance of providing quality customer service, in line with business’s expectations
Business plan essay
Business plan essay
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EXECUTIVE SUMMARY
Drop and Go Laundry Services (DnG) desires to offer a satisfying and excellent laundry services within the community. DnG aspires to build trust and harmonious relationship between the management and its customers by providing quality service that will help the business be patronized by its consumers.
Company Description
Drop and Go Laundry Services will create the best quality of laundry services such as washing, drying, folding and ironing. It has an aspiration of exceeding customers’ expectation by listening and responding to their needs and requirements. It also aims to meet the highest standards of excellence with exceptional laundry service.
DnG’s highly skilled and professional workforce will make an effort to provide a gratifying and pleasant experience for customer. They will make use of their knowledge and capability to offer the most helpful and effective cleaning possible.
The business believe to serve customers better as it
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The edge of DnG to competitors is there will be provided free hangers for customers but merely for certain clothing. DnG’s major competitive advantage is the assurance of the quality of its laundry services. The proponents do not anticipate new businesses same as DnG to enter the market.
The market prices for laundry services depending on those of existing business in the market will range from P to P. Hence, the business set a variety of prices that would meet different buying capabilities. The prices of DnG are leveled with those of the competitors in order to match competition. For wash, dry and fold, DnG has a range of price from P - P, for ironing, an additional of P10 per piece. These said prices depend on the volume of clothes and type of fabric that customers want to be
In 1924, the laundry business was doing terribly. The companies kept prices too low to make a profit and their tailors threatened to leave if they had to pay their cleaning bills. The business was doing terribly because the Purple Gang run, labor union for laundry services was causing chaos in Detroit. They threatened anyone who didn’t join the union by bombing or harassing them (Fitzpatrick, “Cleaners and Dyers War”).
May not be the most welcoming of banners, and yet if you are a wash customer you are one of the privileged and included. This wonderful space of washing, drying, tanning and car cleaning has to be the one and only Busy Bubbles. A small building just north of NDSU, this is an extraordinarily busy little corner of the world we call Fargo- Moorhead. Not only, can you wash your car and tan; this is a 24-hour laundromat that features: free drying! Doesn’t sound like much in the large scheme of things, and yet the numbers of people that visit this business in a week is staggering. And while the NDSU campus is very close, and the word “FREE” is connected to this establishment, it is not only college students that frequent this place of business. For an avid people watcher this place is a gold mine! Everyone needs clean clothes, and people of all kinds find their way to Busy Bubbles to complete this chore.
The other problem people face with many other online clothing retailers is the inconvenience caused if they need to return a product. With our service, the customer does not pay the price for the product and has considerable amount of time to come to a decision as to whether or not to buy the product. This removes any remaining doubt in the customer’s mind and increases customer confidence levels.
The 3 percent decline in sales causing a 21 percent decline in profits can be attributed to the identification of the accounting concept of operating leverage. Operating leverage is what business managers apply to boost small changes in revenue into sizable changes in profitability. Fixed cost is the force managers use to attain disproportionate changes between revenue and profitability. Therefore, when all costs are fixed every sales dollar contributes one dollar toward the potential profitability of a project. Once sales dollars cover fixed costs, each additional sales dollar represents pure profit. A small change in sales volume can significantly affect profitability (Edmonds, Tsay, & Olds, 2011). So, therefore, if sales volume increases,
Facts of the Case: In 2008, Samantha Elauf applied for a job at Abercrombie & Fitch, Inc., who as part of their “Look Policy” prohibit the use of caps. Elauf, as part of her religious practice, wore a headscarf to the interview. She was interviewed by assistant manager Heather Cooke, who gave her a score that qualified her to be hired. Cooke, however, was worried that Elauf’s headscarf was against the store’s policy and called her district manager Randall Johnson. She informed Johnson of her belief that Elauf wore her headscarf because of her religion, and Johnson replied that headwear whether it was religious or not violated the “Look Policy” of the store. Elauf with the help of the EEOC sued Abercrombie on the grounds of religious discrimination. The U.S Equal Employment Opportunity Commission (EEOC) is an agency established by the government of the United States that imposes federal laws that make it
Drypers holds a competitive position in the market because they have product innovation. With the great features offered with their products, they hold a solid positon in the market. Although their products are premium quality, they’re sold at great prices that consumers love.
The strengths of the book come from its’ accessibility. The book is easy to follow and provides readers with a great deal of information about the production of mass-manufactured clothing. As well as brings awareness to its’ many issues which we inadvertently take part in when we purchase such products. The book is well written and thoroughly researched but does have its’ share of weaknesses.
Nordstrom uses drop shipping. Drop shipping reduces the cost and the risk of holding inventory. Retailers stock only popular colors of a certain item, but making a more broad arrangement of colors available due to drop shipping. Drop shipping will reduce the risk with unsold inventory if sales decline. Nordstrom allows retails and suppliers to track each other’s inventories. This will reduce the olds of a consumer buying a product only to find out that it is unavailable (Chao).
The global fashion and apparel industry is a giant with annual turnover of approx. $1.7 trillion and provides employment to approx. 75 million people. With globalization and increasing competition amongst manufacturers, coupled with lower production rates in the developing countries, buying clothes has become way inexpensive than before. Add to it the fiercely growing internet penetration and fast catching up ecommerce industry, clothes are more or
Case Study of The Home Depot Preface This Essentials of Strategic Management assignment has been made by three persons which have been working together and individually to finish the assignment properly and in time. Secondly, we would like to thank the company whose websites we were able to visit and use, to get additional information that we could use for leading the assignment of Home Depot to a successful ending. We can say, that it was a pleasure to work on this assignment and would, in the third place, like to thank each other. The persons who worked on this assignment, for the effort and time that is put in the assignment, that brought us to this finished version.
Textile production and consumption is an increasingly global affair as production continues to shift to developing countries. Developing countries have seen an explosion in the growth of their textile exports, and for many countries textiles are a significant portion of their total exports. In response to increasing competition from low-value imports from developing countries, industry leaders in developed countries have made significant capital investments in order to increase productivity and move into advanced market sectors.
The Car Wash industry began to start and grow across the U.S. after the conclusion of World War II. America’s economic rebirth and prosperity created a boom in the housing and automobile industry. What began as a business to satisfy Americans’ love of the automobile has grown over the past several decades into an international industry. From washing one’s car in the driveway with a water hose and bucket of soapy water, to the do-it-yourself, unattended coin operated high-pressure wand locations, to today’s professional car washing businesses which feature complex automatic equipment and technological systems to wash cars more safely and effectively than ...
...ales Force optimization. Outsourcing customized machinery based products. Importing raw material rather than using domestic steel. Promoting plastic strapping as a way to the future. Adopting price flex strategy so as to incorporate cost leadership and umbrella pricing. Strategically reducing number of customized products so as to reduce costs. Capitalize on the Services aspect strapping and packaging industry. Maintain and regain its lost customers by identifying their needs more effectively. Empowering sales force on account of increase in contribution margins. So to meet firm’s objective of increased profits, Signode should stimulate further volume growth by taking actions to convert nonusers into users, to increase use frequency among current users, or to expand into untapped or underdeveloped markets.
Living in a first world country has privileges that citizens around the world often considered luxuries. In the United States for example, citizens have well paying jobs that offer more than a comfortable living. According to cultural critic and advertising historian James B Twitchell, in the last fifty years Americans have doubled the amount of goods and services they consume. More astonishing is fact that the poorest fifty of society in America spends more than the poorest fifth did in the same fifty years. Twitchell also explains that as citizens, what makes Americans happy is the ability to purchase goods whenever they choose. This is why when the new trend of “Fast Fashion” was first introduced to American society; it was an instant
Peele, Anna. "The Future of Laundry! It's Even More Exciting than You Think." Expanded Academic ASAP. Hearst Communications, n.d. Web. 20 Feb. 2014.