E-Commerce Business Proposal Introduction (draft) with detailed Essay

E-Commerce Business Proposal Introduction (draft) with detailed outline - Essay Example The business will be designing making and selling various handmade products. However to cut a niche for itself in the already crowded market of selling handmade products, This proposed business will have an online platform that allows the clients to be involved in designing the products they want. The clients will be able to do this by either uploading a picture or sketch of the proposed item that they want to be designed and made for them. They will also be able to contribute in the designing of these products by providing a brief description of whatever they want so that the team of designers can be able to capture their needs well. The involvement of the customers in the design of these handmade products will ensure that the needs of the customers are fully met. Involving the customers in the design process will ensure that the venture not only sells what it wants but also sells what the customers want. This will therefore give the business a competitive advantage over other seller of handmade crafts who basically sells what they have and do not sell what the customer wants. The business will make money from selling of the crafts to the clients. Involving clients in the design process will also be a way of getting various design ideas from the clients. Payment will be either through credit cards or online money transfer channels such as PayPal. Cash payments will also be accepted when the crafts are delivered to the customers This craft selling business will be internet based. It will require an interactive website that is built by a professional website developer. The customers will be able to view the product or crafts that are available for sale from the website. In addition to this, the website will allow the customers to contribute in the design of the crafts they want. The client will first choose the product he or she wants and describe how it should look like. The customer can draw sketch of the proposed design and post it through the

Pure Competition paper MICROECONOMY Essay Example | Topics and Well Written Essays - 500 words

Pure Competition paper MICROECONOMY - Essay Example For this reason therefore the hotel market is pure competitive. One of the characteristics of pure competition is that there are many buyers and sellers in the market, this also includes the fact that the buyers are willing to buy products at a given price and that the producers are willing to supply products at a given produce. The hotel business has several suppliers or firms which include red roof inn, red carpet inn, Knight inn, Travelodge hotel, day inn and Econo lodge, it is also evident that their continued operation over the years means that buyers are willing to buy their at a given price. On prices in a competitive market the prices are determined by the level of demand and supply, when demand increases then prices also increase and when the supply declines then prices are expected to increase, also that in the long run the market is at equilibrium, for this reason therefore the hotel market is characterised by the determination of prices by market forces and therefore we conclude that is fulfils one of the conditions of a competitive market. In pure competition there are no barriers to entry, for our case the hotel market is characterised by free entry and exit by firms and this is evident from the large number of firms in the industry and the lack of regulations by government to restrict entry into the hotel