400x Filetype PPTX File size 0.27 MB Source: www.msubillings.edu
Mission and Vision
Mission: Is to provide babies with high-quality
organic onesies containing attractive, fun designs.
Vision: Is to create a fun and profitable side
business creating and selling these onesies
individually online and in bulk through retailers.
Strengths
• Products are organic and 100% chemical free
cotton - organic cotton is a much stronger, yet
softer fabric that lasts much longer than
conventional clothing.
• Products are unique – They include printing that
commemorates the babies’ state/city origin, and
are customizable
• High emphasis on quality of products offered
• Strong ethical principles
Weaknesses
• Small business – Does not have its own stores for
shoppers to visit
• Lack of inventory options – Not many types of
onesies or tees for customers to choose from
when ordering
• Lack of business knowledge
• Lack of marketing/promotional strategies
• Lack of personal website – Only uses Etsy to sell
products
• Location of business is in the Virgin Islands – Very
small population of about 5,000 people
Opportunities
• Fast growing demand for baby products
• Mother’s and father’s high demand for organic,
chemical free baby products
• Growing opportunities in internet shopping –
websites such as Etsy and Facebook allow for
easier selling, and using Facebook and Pinterest
to attract customers is an easy and effective way
to gain exposure.
• GIA announced the Children’s Wear Market is
projected to reach US$156.8 billion by the year of
2015
• Etsy has 15 million buyers
Threats
• Difficult to differentiate product amongst others-
on Etsy, a search for “onesie” results in over
71,000 items
• Literally millions of competitors
• Difficult to break-into the market to retailers, and
her location in the Virgin Islands makes it difficult
to travel to shows or markets where retailers shop
for products
• Not a business that encourages a lot of repeat
customers- the market is people who are having
babies or who are buying gifts for someone that is
expecting.
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