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Become the ultimate craze of every woman with profitable lingerie shop business idea. Lingerie speaks much about a woman, especially her nature, taste and the reason for which she has selected this or that particular piece. There is a huge market potential in this business. So, act now to have guaranteed success with the lingerie shop business idea.
THE BUSINESS IDEA
Lingerie has now become a crucial fashion statement. It is a multi-billion-dollar industry, just because this business is highly profitable. The product itself is associated with highly positive feelings, therefore the customers will disregard higher pricing.
If you have talent regarding women fashion, then you should consider the lingerie shop business idea. Women considering this business might have a side edge. Additionally, this business is not capital intensive. All you need will be a visible store location and contacts with lingerie distributors and manufacturers. To make the difference, work with a strong marketing agency.
In addition, an experienced sales consultant and a good marketing strategy will boost your sales and profit. You can also upgrade your store with men undergarments such as west and boxers.
Your customers are mostly women looking to buy lingerie and men looking for lingerie for their wives and girlfriends.
- Physical store: Malls and strip malls will be an excellent choice. Storefront location should be visible and should have displayed products for the passers-by.
E-mail Marketing: You can generate high revenues through direct mail campaign and mail-order catalogs.
- Roadside: You can reach more customers through roadside innerwear shops.
- Home Parties: You can hire consultants to host and visit in-home parties to promote your products.
The startup cost of the lingerie shop business idea is rather low, but the profit potential is quite high as you can get 100 percent profit with this business. Contact Business Titans to learn more about the potential revenues and costs to run this business.
THE KEY BENEFITS OF THIS PROJECT
- This business offers you exclusive comfort, flexibility and a charming clientele.
- Your products promote a healthier and elegant lifestyle.
- Low startup investment is required for a high return.
- Great market potential with smart marketing channels.
- Beautiful marketing materials can be generated that attract your customers.
Service 1 | Pre-Studies
Start your journey with one of our three Pre-Studies if you are not yet fully sure about your project:
Option1. Project Pre-Study: You have a business idea or consider to import/export a new product, but you need a qualified second opinion? Business Titans checks your business idea or project for you and provides a detailed analysis on the opportunity, its risks, feasibility and profitability.
Option2. Pre-Opening Plan: Do you need to get an overview of the detailed steps to implement your project? Entrepreneurs who wish to have on the operational level a sound overview of the steps they need to take to set up their new venture or product should look also into this option.
Option3. Project Exposé: Do you need a professional presentation to introduce your project to a demanding audience? Successful entrepreneurs understand that the presentation of an idea is as important as the idea itself. The approach Business Titans is applying is to send always an appealing Exposé of the project before sharing further details. Only if there is a vivid interest that you feel among your audience, you should share confidential documents such as Pre-Studies, Business Plans, etc.
Service 2 | Business Planning
Option 1. Business Plan Consulting: You draft the Business Plan with our Guidance, we review and enhance the final version. Business Titans supports you to develop a Business Plan. You draft your own Business Plan with our guidance. A senior member of Business Titans will then finalize your draft with enhancements, research data, adapting the contents and forms according to the expectations of the final recipients, including banks, lending partners, equity partners, landlords, insurers and regulators.
Option 2. Business Plan Outsourcing: In this option, the entire process, including the development of the business model and Business Plan is handled by Business Titans. You will be first interviewed to understand your vision, resources and capacity.The rest will all be done by us and presented to you for the last minor adaptations. This version gets a Business Titans certification to be used for 3 years (as long as there will be no major changes on the Business Plan).
Service 3 | Weekly Coaching
A Business Plan is (and should be) in a constant evolution. The more you get into your business environment, the more you are able to fine-tune it. However, the best Business Plan will not be more than a paper if you do not implement it in a disciplined and consistent way.
- Option 1: Try-Out Session
- Option 2: 2-Weeks Package
- Option 3: 4-Weeks Package
This is why Business Titans has extended its services with a Weekly Coaching dedicated for the step-by-step implementation of the Business Plan that we have developed together.