{"id":93985,"date":"2022-08-02T14:14:12","date_gmt":"2022-08-02T12:14:12","guid":{"rendered":"https:\/\/happybrain.it\/?p=93985"},"modified":"2022-08-02T14:14:12","modified_gmt":"2022-08-02T12:14:12","slug":"business-plan","status":"publish","type":"post","link":"https:\/\/happybrain.it\/en\/2022\/08\/02\/business-plan\/","title":{"rendered":"eCommerce Business Plan"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column column_width_percent=&#8221;80&#8243; gutter_size=&#8221;3&#8243; overlay_alpha=&#8221;50&#8243; shift_x=&#8221;0&#8243; shift_y=&#8221;0&#8243; shift_y_down=&#8221;0&#8243; z_index=&#8221;0&#8243; medium_width=&#8221;0&#8243; mobile_width=&#8221;0&#8243; width=&#8221;1\/1&#8243;][vc_empty_space empty_h=&#8221;1&#8243;][vc_custom_heading separator=&#8221;under&#8221; separator_color=&#8221;yes&#8221; sub_reduced=&#8221;yes&#8221; uncode_shortcode_id=&#8221;147373&#8243;]Your magic sphere[\/vc_custom_heading][vc_column_text uncode_shortcode_id=&#8221;881323&#8243;]If you think that looking into the future of your business is not possible, make yourself comfortable! The Business Plan is a magical sphere in which you can see everything that can happen to your company and all the possibilities and threats offered by the market in which you are or will enter.<br \/>\nIn this article you will find simple guidelines to create your own custom plan.<br \/>\nWhether you\u2019re close to opening a new e-commerce site, or you\u2019re in trouble or just want to figure out how far you still have to go, we suggest you take a look and get to work![\/vc_column_text][vc_custom_heading separator=&#8221;under&#8221; separator_color=&#8221;yes&#8221; sub_reduced=&#8221;yes&#8221; uncode_shortcode_id=&#8221;165976&#8243;]You got it in mind[\/vc_custom_heading][vc_column_text uncode_shortcode_id=&#8221;866102&#8243;]The business plan is a roadmap that describes your company, your products\/services, financial forecasts, goals and strategies you will put in place to achieve them.<br \/>\nSome of these things you may already have in mind, some a little less. You can follow these tips to make sure you create your own complete business plan.<\/p>\n<p><strong>Start with an executive summary<\/strong><br \/>\nThis way you won\u2019t miss any passage in the process. When you create very extensive, articulated documents, in which you enclose moments of reflection and analysis, it is easy to lose the thread. By creating a list you can be sure to go and analyze everything that is important. At each step, you can also add sub-stitches that you had previously omitted, but you realized that they will come in handy.<\/p>\n<p>[\/vc_column_text][vc_single_image media=&#8221;94088&#8243; media_width_percent=&#8221;100&#8243; alignment=&#8221;center&#8221; uncode_shortcode_id=&#8221;822778&#8243;][vc_column_text uncode_shortcode_id=&#8221;204212&#8243;]<span style=\"color: #000; font-size: 13px; text-transform: uppercase; letter-spacing: 1px; font-weight: 500;\">1. Value Proposition<\/span><br \/>\nWhat do you offer to your potential customers? What are the benefits that your customers can count on buying your product? It develops a promise of short and concise value, but also clear and exhaustive.[\/vc_column_text][vc_column_text uncode_shortcode_id=&#8221;649845&#8243;]<span style=\"color: #000; font-size: 13px; text-transform: uppercase; letter-spacing: 1px; font-weight: 500;\">2. Description of the activity<\/span><br \/>\nWho is your company? What are the main activities? And the secondary ones? What do you want to achieve with the activities you do for the company and for your buyers?<br \/>\nIn this section you should also define the structure of your e-commerce business and clarify your business model. This is where you need to take into account the history of your company, your key employees, the primary goals you had set for yourself when you left, and those that were added later.[\/vc_column_text][vc_column_text uncode_shortcode_id=&#8221;200858&#8243;]<span style=\"color: #000; font-size: 13px; text-transform: uppercase; letter-spacing: 1px; font-weight: 500;\">3. Market analysis<\/span><br \/>\nOn our blog you can find a detailed article rich in information on how to study their competitors and the target market. This is a very important activity, which we can not summarize in a few lines! So you can find the full article <a href=\"https:\/\/happybrain.it\/en\/2022\/06\/07\/analisi-competitors\/\" target=\"_blank\" rel=\"noopener\"><strong>here<\/strong><\/a>![\/vc_column_text][vc_column_text uncode_shortcode_id=&#8221;168343&#8243;]<span style=\"color: #000; font-size: 13px; text-transform: uppercase; letter-spacing: 1px; font-weight: 500;\">4. Positioning<\/span><br \/>\nWhere does your business fit into the market?<br \/>\nAre you an institution in your industry? A rising shop? Identify your strengths and weaknesses and identify possible changes that may occur in the market in which you operate. They can be negative (therefore threats) or positive (or opportunities).<br \/>\n[\/vc_column_text][vc_column_text uncode_shortcode_id=&#8221;614861&#8243;]<span style=\"color: #000; font-size: 13px; text-transform: uppercase; letter-spacing: 1px; font-weight: 500;\">5. Management<\/span><br \/>\nFor this point you should have already defined an organizational structure (organization chart) of your company and the people who are part of it. It is a summary of the people involved in the various areas (or projects) and in which it is marked what are the responsibilities of each member of your team.<br \/>\nYou may notice that there are holes or small areas open. This could be the perfect opportunity to redistribute tasks.[\/vc_column_text][vc_single_image media=&#8221;94089&#8243; media_width_percent=&#8221;100&#8243; alignment=&#8221;center&#8221; uncode_shortcode_id=&#8221;145546&#8243;][vc_column_text uncode_shortcode_id=&#8221;269849&#8243;]<span style=\"color: #000; font-size: 13px; text-transform: uppercase; letter-spacing: 1px; font-weight: 500;\">6. Products and services<\/span><br \/>\nCreate a list of all your products. Each product then marks a short description, benefits, price, targets, sales channels and everything that can be useful to better understand what are the reasons why some of the products are sold more than others. If there are references close to launch, include them in this brochure.<br \/>\nThis will give you a clear picture of what your audience needs most and what they need to meet.[\/vc_column_text][vc_column_text uncode_shortcode_id=&#8221;774580&#8243;]<span style=\"color: #000; font-size: 13px; text-transform: uppercase; letter-spacing: 1px; font-weight: 500;\">7. Target<\/span><br \/>\nGet to know your audience better. Go beyond age, country of residence, income and gender.<br \/>\nWhat drives users to purchase today are the values, the emotional experiences offered, the understanding of needs.<\/p>\n<p>Then look for data on:<\/p>\n<ul>\n<li>Level of education<\/li>\n<li>Hobby<\/li>\n<li>Values and beliefs<\/li>\n<\/ul>\n<p>[\/vc_column_text][vc_column_text uncode_shortcode_id=&#8221;194770&#8243;]<span style=\"color: #000; font-size: 13px; text-transform: uppercase; letter-spacing: 1px; font-weight: 500;\">8. Buyer Personas and Buyer&#8217;s Journey<\/span><br \/>\nAfter you understand who your audience is, you need to draw in front of you a real person who might be interested in what you offer.<br \/>\nThe Buyer Person is a detailed profile of your potential customer. It has a name, an age, an occupation, interests and hobbies, needs, a lifestyle, aspirations. Nothing you put in your buyer person has to be invented, but the result of the search you did on your target. It\u2019s just a hypothetical combination of data.<br \/>\nOnce you understand your potential customers, it will be easier to understand the Buyer\u2019s Journey, that is, their purchase process.<br \/>\n[\/vc_column_text][vc_column_text uncode_shortcode_id=&#8221;100442&#8243;]<span style=\"color: #000; font-size: 13px; text-transform: uppercase; letter-spacing: 1px; font-weight: 500;\">9. Marketing<\/span><br \/>\nOnce you\u2019ve established all the features of your target audience and touchpoints, your marketing plan should be more intuitive. List the strategies and means you are currently using and whether there are any implementations or roads to abandon. Remember to also include the platforms on which your products will be available, their maintenance costs, how to promote your offer on them.<br \/>\n[\/vc_column_text][vc_column_text uncode_shortcode_id=&#8221;493942&#8243;]<span style=\"color: #000; font-size: 13px; text-transform: uppercase; letter-spacing: 1px; font-weight: 500;\">10. Business plan<\/span><br \/>\nYour workflow varies according to different aspects. From suppliers, to creation times, to delivery times. It is important to have defined these factors for the strategies and initiatives that could be undertaken from the point of view of marketing, budget or the creation of new products.<\/p>\n<p>Ask yourself, among other things:<\/p>\n<ul>\n<li>Where does the production of your items take place?<\/li>\n<li>Who supplies the raw materials?<\/li>\n<li>What are the production and shipping times?<\/li>\n<li>How long does it take to create a product?<\/li>\n<li>Will you have a warehouse? How many products will be available there?<\/li>\n<li>To which couriers will you entrust the shipments?<\/li>\n<\/ul>\n<p>[\/vc_column_text][vc_single_image media=&#8221;94090&#8243; media_width_percent=&#8221;100&#8243; alignment=&#8221;center&#8221; uncode_shortcode_id=&#8221;148606&#8243;][vc_column_text uncode_shortcode_id=&#8221;175765&#8243;]<span style=\"color: #000; font-size: 13px; text-transform: uppercase; letter-spacing: 1px; font-weight: 500;\">11. Financial plan<\/span><br \/>\nForecasting the cost and revenue of your business is critical to ensuring you are never at a loss. It is necessary to make an estimate of fixed and variable costs and understand what the revenues could be. Once you have identified the necessary expenses, you will be able to understand how to divide the remaining, between marketing, new tools, new initiatives etc&#8230;<\/p>\n<p>As you may have guessed, creating a business plan for an ecommerce store is not a piece of cake. You have to put together data, ideas, predictions, a lot of time and elbow grease.<br \/>\nBut it\u2019s worth it if it can help you assess the feasibility of your ideas and feel safer when planning your marketing strategies.<br \/>\n[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>In this article you will find some simple guidelines to create your business plan. We recommend that you take a look and get to work!<\/p>\n","protected":false},"author":1,"featured_media":94088,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[410],"tags":[244,429],"class_list":["post-93985","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ecommerce","tag-strategy","tag-ecommerce"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/happybrain.it\/en\/wp-json\/wp\/v2\/posts\/93985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/happybrain.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/happybrain.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/happybrain.it\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/happybrain.it\/en\/wp-json\/wp\/v2\/comments?post=93985"}],"version-history":[{"count":0,"href":"https:\/\/happybrain.it\/en\/wp-json\/wp\/v2\/posts\/93985\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/happybrain.it\/en\/wp-json\/wp\/v2\/media\/94088"}],"wp:attachment":[{"href":"https:\/\/happybrain.it\/en\/wp-json\/wp\/v2\/media?parent=93985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/happybrain.it\/en\/wp-json\/wp\/v2\/categories?post=93985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/happybrain.it\/en\/wp-json\/wp\/v2\/tags?post=93985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}