Why can't Considered Co increase profitability by 200% in the next 12 months?
Competitive Market (Product Offering)
High number of direct competitors
Bargaining power for buyers
Low barriers to entry
Small scale e-commerce businesses
Limited technical skills
Low regulatory requirements
Inefficient internal operations
Easier to compare prices
High level of substitutes
Products are easily accessible
Limited capital
Poor supply chain management
Lack of marketing
Lack of business model
Unidentified target market
Low-level priority
Limited budget/capital
One full-time employee
Lack of knowledge on various business models
Inefficient packaging
Inefficient transport system
No contracts in place with suppliers
Unable to set minimum weekly orders
15-20 minutes per order
Long delivery times
COVID-19/Australia post
Limited marketing budget
Inefficient marketing tools
Small scale/new business
Limited offers/discounts
Unclear website