Customized Vintage Products & Profitability
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Marketing a Sustainable Competitive Advantage: CUSTOMIZED VINTAGE PRODUCTS EQUAL PROFITABLITY Given that marketing is the craft of linking the producers of a product with customers, I know that the creative art of Personalized Vintage Purses will prove to be a success. This blockbuster product will be individual, one of a kind, and custom-made purses and bags designed to complement a womanÆs specific wardrobe style and taste. These expressive purses will use the influences of graffiti, hip hop, punk, high fashion accessories, pop culture, and retro style to provide awaiting customers with wearable art. When marketing this product, I may face a variety of problems including pricing, promotions, and placing location. Despite these three marketing problem, my marketing plan which will solve each problem, reflect the desires of consumers and the target market, and guarantees profitability and sustainable competitive advantage. Although the creative Personalized Vintage Purses will blend fashion, function, durability, and comfort, I face a variety of marketing problems including pricing, promotions, and place of sale. The first problem is setting a price for the product, which will be solved by balancing the issues of production, overhead, profit, and a realistic cost for the consumer. This includes determining operating costs in order to designate the proper retail price of the product, but continue to maintain a profit (Montana & Charnov, 2000). For example, the cost
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Some common words found in the essay are:
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Approximate Word count = 1161
Approximate Pages = 5 (250 words per page)
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