Question: please find the question. below is an example of what i need for four questions above Explain clearly and concisely the principle concept underlying your

please find the question. below is an example of what i need for four questions above
please find the question. below is an example of
Explain clearly and concisely the principle concept underlying your venture and what sets it apart from other businesses. Explain who your primary customers will be, and what principle benefit your concept will deliver to them. 1. What are you doing?(Business Concept) One or two sentences 2. Why do they need it/want it? (Solution. Problem you are solving/ Benefit you are providing gap you are filling, market need) 3. Why are you different? (USP(Why are you better?) 4. Who is it for? (Target Customer) Venture concept statement example Business Concept: A chain of luxury hotels that caters to consumer with unique needs. Like families, people with pets, seniors and the disabled. The Problem: Traditional hotels, aren't designed to meet the specific needs a family or the elderly may have when traveling. They are mostly a one size fits all business model, based on price and luxury. USP: Unlike traditional hotels, Jason's Family Suites would cater to consumers with unique needs. For example, families, would have amenities tailored specifically to these needs, i.e. cribs, children's play areas, daycare services, stores, shopping, & restaurants etc. located in the hotel. "Jason's family suites, when you need the convenience of home." Target Segment: Primary segment. Parents traveling with young children. E.g. On vacation, traveling to a destination, traveling for business, and need to bring their children. 1 Focl

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!