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Three Business ideas - Coggle Diagram
Three Business ideas
Archery shop/range
Shop
Bows
Arrows
Targets
Quiver
Bag
Maintenance
String
Government Licence required
Range
Test products
casual shooting
Sporting
Lessons/introduction
Target market segment
High-end due to the nature of the product/sport
Target market
18-35
Primarily male
Potential competition
Abbey Bowmen
Archery UK
Baseball shop
Target Market
7-18 year olds
Local clubs
final consumer
Products
MLB Merchandise
Club/team Baseball bats
Club/team Baseball caps
Club/team baseball gloves
Club/team banners
Club/team patches
Baseball bats
personalised options
Engravings
recolour
External suppliers (Non-MLB)
Baseball caps
Store-own brand
Cheap
Baseball gloves
Potential Competitors
Indirect
Clothing shops
Matalan
Next
Tk maxx
French connection
direct
Sports direct
Could easily expand merchandise into american mlb products
London baseball shops
Comets
Ballz
BaseballSoftballUK
Target market segments
moderate pricing
Kayak lessons/excursions
Lessons
2 hours per week with a group of 4
Basic entry/paddling
Safety precautions
Excursions
Authorised kayak trip to local rivers, lakes or ponds
Day trip to the sea to assess endurance on a more volatile environment
Target market
Consumers
young adults 14-20
Male
Segments
High end
High expenses + equipment
insurance of company property
Expensive hobby
Expensive equipment
Potentially fatal for instructor/trainee if persistent incompetence
Manageable demand
Potential competitors
Herts Canoe Club