Generator Retailer Business plan in Nigeria
Generator Retailer Business plan in Nigeria
This sample Generator Retailer Business Plan In Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc.
The Generator retailer Business is a lucrative business that needs a lot of strategic planning to start and a business coach like Dayo Adetiloye to help you start the Implementation.
Business Description of Music Production Business plan in Nigeria
Business: Generator retailer business
Industry: Commercial Sales
PATILAD Generator Retail Store – we retail a wide range of durable goodsat affordable prices from different brands. We retail goods such as portable generators, solar generators, whole-house generators, inverter generator among others.
We are aware that there are several large and small retail outlets all around Iwo road, Ibadan, which is why we spent time and resources to conduct our feasibility studies and market survey, so as to offer much more than our competitors will be offering. We have sell service options for our customers, and our outlet is well secured with the various payment options.
Much more than selling the goods and products of top brands in the manufacturing industry, our customer care is second to none in the whole of Iwo road, Ibadan. We know that our customers are the reason why we are in business, and that is why we will go the extra mile to get them satisfied when they visit our retail store and also to become our loyal customers and ambassadors.
PATILAD Generator Retail Store will ensure that all our customers are given first class treatment whenever they visit our shop. We have a CRM software that will enable us manage a one on one relationship with our customers, no matter how large the numbers of our customers base. We will ensure that we get our customers involved in the selection of brands that will be on our racks and also when we make some business decisions.
We are aware of the trend in the retail industry and we are not only going to operate a system where our customers would have to come to our store to make purchase or whatever they want but we will also operate an online store and our customers can order goods online and they will get it delivered to their houses or any location they want us to deliver the goods to within Ibadan.
PATILAD Generator Retail Store that is located in one of the busiest streets in Iwo road, Ibadan.
Problem Statement:
In the bustling neighborhood of Iwo road, Ibadan, where numerous retail outlets thrive, there exists a need for a generator retail store that not only provides a diverse range of durable goods at affordable prices but also prioritizes exceptional customer service. The existing retail landscape may offer similar products, but the lack of a standout customer-centric approach leaves room for improvement. Customers might face challenges in finding a reliable and secure retail outlet that not only sells top-quality generators but also ensures a seamless and satisfactory shopping experience.
Moreover, with the current retail trends, the absence of a convenient online shopping option in the area poses a limitation for customers who prefer the ease of ordering goods from the comfort of their homes. This gap in the market calls for a solution that not only addresses the product needs of the community but also elevates the overall retail experience.
Solution Statement:
PATILAD Generator Retail Store aims to fill the existing gaps in the Iwo road, Ibadan generator retail market by providing a comprehensive solution. Our retail store stands out by offering a wide array of durable goods, including portable generators, solar generators, whole-house generators, and inverter generators, sourced from top brands in the manufacturing industry. The competitive edge lies not just in the products but in the unparalleled customer service we provide.
To address the inconvenience faced by customers, PATILAD Generator Retail Store implements an omnichannel approach. While our physical store on one of the busiest streets in Iwo road ensures an in-person shopping experience, we go a step further by establishing an online store. This digital platform allows customers to browse our product range, place orders, and have goods delivered to their doorstep within Ibadan. The online presence enhances accessibility and convenience for customers, catering to the evolving trends in retail.
Additionally, our commitment to customer satisfaction extends beyond the transaction. We employ a Customer Relationship Management (CRM) software to foster a personalized relationship with each customer. Their input is valued in the selection of brands on our shelves, and we engage them in key business decisions, making them active participants in shaping the offerings of PATILAD Generator Retail Store. This customer-centric approach ensures not only a thriving business but also loyal customers who become ambassadors for our brand in the Iwo road community.
Generator Retailer Business plan in Nigeria
OUR PRODUCTS AND SERVICE
PATILAD Generator Retail Store is in the retailing industry and we will ensure we go all the way to make available a wide range of goods and products from top manufacturing brands in several states in Nigeria and other countries of the world.
We will have available in our store a wide range of durable goods at affordable prices. We retail goods such as
- Whole-house Generators
- Inverter Generators
- Solar Generators
- Portable Generator
- Among many others
OUR VALUES
Our values include:
- Passion: We enjoy our work and get excited at the emergence of every new project.
- Commitment: We make our clients’ goals our own and we do everything to achieve them.
- Excellence: We seek perfection in our service delivery.
- Honesty: We consistently represent “in actions” what we believe in.
- Innovation: We constantly change, evolve, make and offer new things.
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The benefits of our products and services include:
Our clients need not worry about a thing, as we have persons in charge of planning, coordinating and directing the process of delivering goods as soon as they are ordered.
Objective of PATILAD Generator Retailer Business plan in Nigeria
- To promote and represent our clients till they are fully developed
- To change the general perception of Generator Retail stores in Nigeria
- To constantly stay and keep our clients abreast of trends in the Retail Industry.
- Achieve a creative, innovative, flexible and adaptable culture to change.
- To consistently seek to improve the quality of our service offering and equipment.
Goals for the PATILAD Generator Retailer Business plan in Nigeria
- To promote the retail industry, support the productive activity of the sector, increase its profitability, providing global promotion and distribution.
- To provide staff in the retail industry with the necessary resources to help them grow both nationally and internationally, thereby properly positioning them in the music market.
Generator Retailer Business plan in Nigeria
Vision for the PATILAD Generator Retailer Business plan in Nigeria
We constantly seek to position ourselves as one of the leading companies in the Nigerian Generator Retailers industry, bringing innovative systems to all our services.
Mission for the PATILAD Generator Retailer Business plan in Nigeria.
Our mission is to establish a generator retail business that will make available a wide range of goods and products from top manufacturing brands at affordable prices to the residence of Iwo Road, Ibadan and other cities in Ibadan.
Management Team of the PATILAD Generator Retailer Business plan in Nigeria
Daniel Chris–Daniel is our store manager, he has several certifications in Mechanical Engineering, from the University of Ibadan. He has also taken several management courses from the Enterprise Development Centre in Lagos.
DayoAdetiloye – (B Agric, MBA, and PMP): He has over 12 years’ experience in the consultancy industry. He is an alumnus of Entreprise Development Centre (EDC) of the Lagos Business School (LBS), Pan African University (PAU). He also has a Bachelor’s degree in Agriculture with specialization soil science with masters in business administration. He is a project management professional. He is our business development strategist and a strategic partner.
Joy Iheise– Joy is the head of our Marketing team. Most of our marketing strategies are online based, and she is the best personnel for the job. She is a well-established Digital Marketer with proficiency in Content Management, Social Media Marketing, Search Engine Optimization & Marketing.
Management Experience Gathered for the Generator Retailer Business plan in Nigeria
My passion for Generator retail store started as a result of my career in the retail Industry. My early days as a retailer was really rough, and after pulling though to the top, I sought for a way to contribute to the success of the younger generation. PATILAD Generator Retailer business is a solution I have developed for challenges retailers in Nigeria are faced with.
I have developed my skills in Business Management via active leaning (MBA, certification courses), association, and practice.
Generator Retailer Business plan in Nigeria
EQUIPMENT AND MATERIALS FOR GENERATOR RETAILER BUSINESS PLAN IN NIGERIA
The materials include:
· Warehouse Shelving
Pretty much every store has more inventory than what’s being displayed at any given moment. So you’ll also need some kind of shelving or organizing system to hold your extra items in a back room or behind your counter.
· Cleaning Supplies
No customer wants to shop in a dirty environment. So you’ll need at least some basic cleaning supplies to keep your floors, shelves and items sparkling clean when opening your first retail store.
· Website
Even stores that do most of their selling in-person need a website so that people can actually find the store and learn a bit about the items for sale.
· Social Media Presence
Social media has become essential for businesses to reach out to target customers. For local retail stores, social media gives you an outlet for updating nearby customers about new items, sales and other promotions.
· eCommerce Site
Selling items online, in addition to in your store, can really expand your customer base. Aside from making your items available to people outside your immediate geographical location, having an eCommerce site can also allow you to offer a wider variety of items and satisfy customers that just prefer to shop online.
· Shipping Materials
Offering products online means that you’ll need to be able to ship them. So you’ll need boxes, envelopes, protective wrapping and any other supplies that will allow you to safely ship whatever items you sell.
· Shipping Account
To make the shipping process easier, you should also set up an account with a shipping provider. UPS, FedEx and USPS all offer solutions for businesses that ship packages on a regular basis. Having an existing account can save you time and even money on the shipping process.
· A Nearby Bank with After-Hours Deposit
After your store closes for the day, you’ll need a place to deposit all of the money you brought in that day. Set up an account with a bank that’s close to your store and offers after-hours deposit services so that you won’t have to keep that money secure overnight.
· Security System
COMPETITOR ANALYSIS FOR GENERATOR RETAILER BUSINESS PLAN IN NIGERIA
Peoplebuy from us because of the following reasons:
- We have a rich network of high-worth influencers.
- We pay attention to the faintest detail.
- Knowledge and experience in the retail industry.
Our major competitors are:
- Kenny Mat Investment
- JMG Limited (Ibadan)
- Lanrad Generator
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