Question
Our startup idea is to recycle leftover fabrics from Moroccan manufacturers and use them to design improved finished goods to sell. The products are going
- Our startup idea is to recycle leftover fabrics from Moroccan manufacturers and use them to design improved finished goods to sell. The products are going to be trendy decorative items such as carpets, pillows, and curtains. We will also create an online platform where we will sell our goods, and collaborate with a Moroccan delivery firm, starting with customers in Casablanca and Rabat. Finally, we will promote our business on social media and use product placement. The global objective is to develop an automated recycling process for premium goods based on: existing raw material costs with the constraint of maintaining most and will cover all expenditures. All of the start-up's benefits go to the locals and the environment, while also generating a profit for the company. Following market research and the choice to create a recycling facility, the final stage is to obtain funding from a potential investor (venture capital). This will be a great opportunity for Mr. Namchir to invest in an innovative idea and a very profitable startup while promoting creativity and eco-friendly manufacturing. Our business is based on the fact that we do not buy raw materials but instead, we collect all the leftover textiles that would normally have been thrown away and that would have polluted the Moroccan ecosystem. Therefore, our idea will allow us to reduce the negative impact of the big textile manufacturers.
Develop A go-to-market (GTM) strategy is a plan that outlines how a company will engage with customers in order to persuade them to acquire their product or service and obtain a competitive advantage which I will be responsible for and Study how other companies are attracting customers, a record that information, and then describe how our business will fare better. How our startup will deliver service differently than others and persuade the investor that believes in numbers with research that we are the best is how they provide the services in depth and are based on research.
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