ONLINE RETAIL STORE BUSINESS PLAN IN NIGERIA
Online Retail Store Business Plan in Nigeria
This sample Online Retail Store Business Plan In Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc.
Online Retail Store Business Plan 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 Online Retail Store Business Plan in Nigeria
Business: Online Retail Store Outlets
Industry: Fast Moving Consumer Goods (FMCG)
PATILADWONDER Retail Stores is a network of strong and strategically positioned Online Retail Store involved in the distribution of general household consumption products. Our target is mainly the over 80 million internet-savvy Nigerian youths scattered around the length and breadth of this nation.
We are into the distribution of general household products which includes kitchen wares, food items, provisions, skin care/ cosmetics, electronics, telecommunication gadgets, stationeries, etc. We provide a one-stop shop for all household consumables and non-consumables at affordable and the best possible fair prices.
The benefits of our products and services are
- High quality and varieties of products
- Prompt delivery services for online purchase
- Excellent Customer Care Services
- Fair and best possible prices
My business meets a need and demand for:
- Trusted and quality household products
- High variety of product choices
- Increase supply and a new choice for home keepers.
- Fair and best possible prices
Right from when I was 7 or so, I have had the privilege of being my mother’s personal assistant. I, at various times, worked closely with my mum in managing her network of Online Retails outlets around our city. Also my first degree in Economics has proved of great benefit to the great of the enterprise. Now that I have the opportunity of starting my own firm, I know that the lessons, experience and exposure I had received from those years of working with my mum will prove valuable in running this business. Moreover, there is an insatiable market in my area. I have a great passion for self-reliance and creating job opportunities.
Objective for the Online Retail Store Business Plan in Nigeria
- Constant growth in sales in 12 months.
- To generate customer satisfaction so that at least 60% of our customer base is repeat business.
- To provide quality product at fair and best possible prices with exemplary services.
Goal for the Online Retail Store Business Plan in Nigeria
To be a one stop-shop in Nigeria for household consumable and non-consumable products.
Vision for the Online Retail Store Business Plan in Nigeria
To provide exceptional Online Retail Store Services in a desirable and conducive sales environment while offering products at fair and best possible prices.
Mission for the Online Retail Store Business Plan in Nigeria
To exceed the customers’ expectations by providing quality product and exceptional customer care services in a loving and caring way.
Management Team of the Online Retail Store Business Plan in Nigeria
OYEBADE Adejumobi Ademola – Has over 12 years’ experience in FMCG industry. Apart from his basic training in internet marketing, he is a veteran sales man. He is a certified business consultant and project management professional. He will be in-charge of day to day activities of the business.
Mr Dayo Adetiloye – (B. Agric., MBA, and PMP): He has over 15 years’ experience in business management, business start-up dynamics, financial management of business and overall business growth and development. He is an alumnus of Enterprise Development Centre (EDC) of the Lagos Business School (LBS), Pan Atlantic University (PAU). He is our business development strategist and a strategic partner.
We brought to the business:
- Capacity to stock our store on a large scale
- Our experience in the industry bring competence and credibility
- My staff brings operational, marketing and promotional skills to the business
Management experience gained for the Online Retail Store Business Plan in Nigeria
With over 12 years’ experience in the FMCG industry, I’ve being able to master the technical requirements, financial management, staff recruitment and organization skills among other things necessary to give the firm good commendation from our customers.
My managerial skills has also helped in putting together a workforce for over 5 years, which will also help me to coordinate the team work in most aspect of the company.
Over the years, I have also gathered considerably valuable knowledge on how to manage a basically online distribution outlet. Website maintenance, traffic genesis and management, high sales efficiency, etc. are few of the skills I have gathered over the years.
I am the CEO of the company overseeing the day to day activities of the business.
Materials and Machines for Online Retail Store Business Plan in Nigeria
Online Retail Store, Warehouse, Stationeries, Insurance cost, Advertising Brochures, kitchen wares, food items, provisions, skin care/cosmetics, electronics, telecommunication gadgets, general household goods, toys, candy, greeting cards, and a list of items too exhaustive to list here
Competitor Analysis for Online Retail Store Business Plan in Nigeria
People buy from us because of the following reasons:
- Availability of high quality and varieties of products
- Fair and best possible prices and our discount offers
- Prompt delivery services for online purchase
- Excellent Customer Care
Our two major competitive advantages are:
- Fair and best possible prices.
- Availability of high quality and varieties of products.
For the remaining part of this business Plan, including the detailed financial analysis, call any of our business plan consultants on 08105636015 or 08076359735 or 08113205312 or send me an email at dayohub@gmail.com .
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