While there are many internet cybers operating, YellowNet plans to follow a business strategy that will deliver good results for the business. Before setting up shop, the business has analyzed customer demand, trends and behaviors in order to respond better to their needs. YellowNet is a new and unique name and a differentiating aspect for your business.
Relate: Here, discuss the level of competition for your business. If there is a comparable business in your area, it is crucial to evaluate how your company will compete with them. An internet cafe company with the name 'YellowNet' is very likely to face fierce competition from other cyber cafes with similar names. It is important to have a business name that is unique and not similar to other similar businesses.
Do you know your target audience and how the internet cafe can cater to their requirements? You need to know what your customers are looking for when using your services and how you will put that knowledge to good use.
Competition: Document your company's competitors and how you will respond to them. Your competitors could be online gaming centers, coffee shops, and other types of businesses, such as an advertisement agency that works with small businesses.
Documenting your customer's expectation is critical for your business. It will help you anticipate the needs of your customers. It will also help you identify what resources are required to meet their expectations.
The site of your business will not only impact your customers' perception but it will also affect your access to relevant advertising and other marketing channels, such as the telephone book, yellow pages ads, social media, and the like. By the way, mention the specific impact your site will have.
YellowNet plans to diversify its business by implementing a discount strategy. The business will open up their facilities to the public for regular hours. The discounted hours is aimed to attract more customers and gradually changing the culture of cyber cafe business. Other strategies include tie-ups with other businesses such as restaurants and convenience stores. 827ec27edc