Our proven reliabilityvalue to our current clients will entice new clients and

Our proven reliabilityvalue to our current clients

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extend our client base at the expense of our competitors. Our proven reliability/value to our current clients, will entice new clients and some old clients to return to our service. Competitor details Compet itor Establ ished date Size Mark et share (%) Value to custom ers Strengths Weaknesse s Fastway Courier s 2003 800 across Austra lia. 12% of NSW Price and Reliabilit y. National Organisation Overhead costs are high to maintain a National presence. DHL Express 1990 350,0 00 globall y. 11% of NSW Price and Reliabilit y. The Brand and the global aspect of their slogan “We Deliver, anywhere/e verywhere” Too big, to care about NSW marketplace . 4.2 Risks and opportunities BSBMGT617 Develop and implement a business plan Assessment– Version: 1.0 (Created: 11/09/17; Printed: 10/09/18) This document is uncontrolled version when printed.
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Strengths Weaknesses Sydney, High Traffic volume ( lots of parcels) 87% retention rate of customers. Not available to Regional areas of NSW, restricted to Sydney region only. Opportunities Threats We can be Regional very quickly. Starting with NEWCASTLE, WOLLONGONG AND CENTRAL WEST OF NSW. A number of Competitors are already Regional and National. Advertising & promotional strategy Planned promotion /advertising type Expected business improvement Cost ($) Target date mail-out, giveaway, media release, social media campaign or event. ] [ How do you expect it will improve your business success? ] [ $ ] [ Month /Year ] Sales & distribution channels BSBMGT617 Develop and implement a business plan Assessment– Version: 1.0 (Created: 11/09/17; Printed: 10/09/18) This document is uncontrolled version when printed.
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ChanneltypeProducts/servicesPercentageofsales (%)AdvantagesDisadvantagesCommunication[List all theproducts/services soldviathischannel][Whatpercentageofoverallsales doyouexpect tosell viathischannel?][Whatadvantages arethere of usingthis channel forthese products?][Whatchallenges doyou expect toface using thischannel? Howwillyouovercomethem?]Distribution[List all theproducts/services soldviathischannel][Whatpercentageofoverallsales doyouexpect tosell viathischannel?][Whatadvantages arethere of usingthis channel forthese products?][Whatchallenges doyou expect toface using thischannel? Howwillyouovercomethem?]Risk management[List the potential risks (in order of likelihood) that could impact your business.]BSBMGT617 Develop and implement a business plan Assessment– Version: 1.0 (Created: 11/09/17; Printed: 10/09/18) This document is uncontrolled version when printed.
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Risk Likelihood Impact Strategy [ Description of the risk and the potential impact to your business. ] [ Highly Unlikely, Unlikely, Likely, Highly Likely ] [ High, Medium , Low ] [ What actions will you take to minimise/mitigate the potential risk to your business? ] Driver/Truck Failure. Causing reliability of deliveries to decrease Unlikely Medium Contingency plans in place for Contractor - Relief Drivers/Trucks to pick - up and deliver.
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