Description
Built in retractable wall socket extension cord
When doing household chores, it can get pretty tedious to have to lug around your short-cord electronics. Many people face the struggle of having to rearrange themselves while using a vacuum or using their phone while on charge. A good quality long charger for your cell phone can be pretty pricey, but having a built in retractable extension cord is safe and can be very convenient for people. It is kept uncluttered and tidy, and is much more beneficial then your normal extension cord. When comparing an extension cord with an average charger cord, an extension cord is distinctly more durable and having it built into a wall socket keeps it timely and much more practical for people to use whenever.
Q1. List out 3 questions that you would like to answer as it relates to your business’ industry and market. Try to be as specific as possible with what you are asking.
Q2. If after 3 months, your business had 100 customers… speculate how many of them would be:
– male vs female?
– from various age ranges (ex. under 18, 19-24, 25-35, 36-45, 46-60, over 60, etc.)?
– from certain quadrants/neighbourhoods of the city you are selling in, or from different cities/countries (if you are selling beyond a local market)? Describe any similarities or shared interests among these 100 customers
Q3. Identify 3 other businesses that you imagine will be your competitors. Explain why, and discuss if and when might actually cooperate/help one another instead of trying to compete
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