My Store
Wednesday, September 28, 2011
Value Chain
The value chain for my new internet business begins with upstream management. This includes acquiring an assortment of CDs to begin my site. I am plan on getting them from my own personal collection and purchasing them from other places as well. The CDs will be stored in my room. Once I have the materials to begin selling I need to produce my internet site and get it running. After production comes the downstream management. The CDs will be organized in my room and assigned a number so when someone wants to purchase one it will be easy to find. To get the CDS to a customer I plan on using USPS flat rate shipping boxes, so he customer will be able to track their package. Also when I buy a CD from a customer I will suggest using the same shipping method and include shipping fees in my price for the CD. In order to get my name out I will advertise on Facebook as well as word of mouth through my customers. Prices of the products will be based on the quality and popularity of a CD same with buying a CD. Also will offer promotions sometimes like buy one get one half off. Customer service will be via email, having a contact email with any thoughts or concerns for the customer. Also providing a discount if someone has a bad experience for their next purchase to keep them coming back.
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