Question
The company will have a smooth, advanced and compact design that will separate it from its competitors. The elegant design will give it an appearance
The company will have a smooth, advanced and compact design that will separate it from its competitors. The elegant design will give it an appearance of quality, reliability and complexity with the goal that the target market will feel like they have a superior product and are technology savvy, remaining in front of the pattern. In the event that the consumer is consoled that the product represents quality, advancement, reliability and eco friendliness, then they are more likely and willing to purchase the product. The product will be very compact, enabling its users to easily carry it around while traveling. The thin, smooth plan will make it extremely portable. People can utilize the product at anytime they want. The breakthrough innovation used to make the product will make it more useful and efficient than its competitors. “Mirrored glass amplification” technology in combination with highly efficient monocrystalline cells will allow the product to hold more charge than other solar chargers. It will also have a shorter recharge time and making it much more user friendly and convenient to use.
The affordable price of the product will be a major advantage over the competing products. By keeping low net revenue to start with while the brand name is spread and the product becomes better known, we will undermine the price of large portion of the competitors. The affordable price and efficient and functional solar charger will give the product a major edge over the competition.
User of the product will have few choices with regards to the way they charge the solar battery case. They will be able to use natural sunlight, which will be the main source of energy for the charger. Likewise, the use will also be able to recharge the battery case, although at a slower rate from indoor lighting. The different choices will promote the usefulness of the product and give the customers to guarantee they will dependably have an advantageous approach to charge the solar battery case.
The price for the case will be $89.00
Please provide an estimated Income Statement, Balance sheet and Cash Flow.
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