Some of the features you'll include in your executive summary include information that shows you've done your research, have concrete sales forecasts, and key details about your brand.
Business model
When you are figuring out your business model, you need to consider four different areas:
monetization strategy
Product/industry
Target market
Sales channel
Monetization strategy
The monetization strategy delves into the methods you are going to use to sell your products.
This strategy will look at different methods of product monetization including doctor database white label, private label , affiliate marketing, wholesale, dropshipping, and even sale ads.
Product/Industry
The product industry section is where you summarize your main niche.
For example, "Vegan Skin Care Products."
Target market
In the target market section, you will write a sentence or so about who your target market, or ideal customer, is in the community.
If you sell vegan skin care products, your target customers could be women who embrace the vegan lifestyle and use natural skin care products in their daily beauty regimen.
Sales channel
For example, you could be selling your products on your own website, and this should be entered in this section.
business overview
E-commerce Business Plan Template Business Overview
The next section covers an overview of your company.
This section of your business plan will cover several features of your business, including the following:
Brand name
Type of company
Domain name and SSL certificate
Value proposition
Mission
Vision
Brand traits
XNUMX- What would be the circumstances under which your product would change price? (Required - Public)
The brand name section lists your company name or brand name.
This is an extremely important aspect of your business plan as it will set the tone for everything that follows.
Choose a brand name that is simple yet unique and can be used as a pun if you want, but not worth the hype.
