Flower Retail in Kazakhstan: Business Plan

Flower retail industry in Kazakhstan is estimated to be around USD $80-100 million. Current market environment allows for entrance of a new player, focused on highly lucrative part segment of the market. Our business will differentiate itself by offering exceptional level of service while retaining...

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Main Authors: Talgat, Baidauletov, Alikhan, Abdigali
Format: Dissertation (University of Nottingham only)
Language:English
English
Published: 2010
Online Access:https://eprints.nottingham.ac.uk/23777/
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author Talgat, Baidauletov
Alikhan, Abdigali
author_facet Talgat, Baidauletov
Alikhan, Abdigali
author_sort Talgat, Baidauletov
building Nottingham Research Data Repository
collection Online Access
description Flower retail industry in Kazakhstan is estimated to be around USD $80-100 million. Current market environment allows for entrance of a new player, focused on highly lucrative part segment of the market. Our business will differentiate itself by offering exceptional level of service while retaining competitive market prices. This business plan describes a way to turn USD $204,000 into a business with a turnover above $ 7 million in four years by capturing premium 10% of the market. The investment is split between physical assets (USD $70K) and working capital requirements (USD $134K). The average margin accepted in this industry is over 100%, which allows this project to show very good profitability and reach pay-back period in two years. From marketing perspective, our value will come from adding our service to a relatively traditional product – flower. Professional and motivated staff, high quality flowers, décor and design of our shops will become a destination for affluent consumers who want to buy a present. Apart from traditional flowers our stores will sell unique chocolates and wines, along with Western style bouquets – which will serve as additional attraction to our customers.
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language English
English
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spelling nottingham-237772018-06-05T16:23:15Z https://eprints.nottingham.ac.uk/23777/ Flower Retail in Kazakhstan: Business Plan Talgat, Baidauletov Alikhan, Abdigali Flower retail industry in Kazakhstan is estimated to be around USD $80-100 million. Current market environment allows for entrance of a new player, focused on highly lucrative part segment of the market. Our business will differentiate itself by offering exceptional level of service while retaining competitive market prices. This business plan describes a way to turn USD $204,000 into a business with a turnover above $ 7 million in four years by capturing premium 10% of the market. The investment is split between physical assets (USD $70K) and working capital requirements (USD $134K). The average margin accepted in this industry is over 100%, which allows this project to show very good profitability and reach pay-back period in two years. From marketing perspective, our value will come from adding our service to a relatively traditional product – flower. Professional and motivated staff, high quality flowers, décor and design of our shops will become a destination for affluent consumers who want to buy a present. Apart from traditional flowers our stores will sell unique chocolates and wines, along with Western style bouquets – which will serve as additional attraction to our customers. 2010 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/23777/1/Group_project.pdf application/pdf en https://eprints.nottingham.ac.uk/23777/2/Appendicies_for_group_project.pdf Talgat, Baidauletov and Alikhan, Abdigali (2010) Flower Retail in Kazakhstan: Business Plan. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Talgat, Baidauletov
Alikhan, Abdigali
Flower Retail in Kazakhstan: Business Plan
title Flower Retail in Kazakhstan: Business Plan
title_full Flower Retail in Kazakhstan: Business Plan
title_fullStr Flower Retail in Kazakhstan: Business Plan
title_full_unstemmed Flower Retail in Kazakhstan: Business Plan
title_short Flower Retail in Kazakhstan: Business Plan
title_sort flower retail in kazakhstan: business plan
url https://eprints.nottingham.ac.uk/23777/