7/27/2023 0 Comments Phoenix viewer blog![]() ![]() Legal structure - Explain the hierarchy, organization (e.g., sole proprietorship or LLC) and management of your business.Market analysis - Use your research about the current market to define competitor strengths and weaknesses, product/service demand, trends and more.Company description - Explicate the company’s plan in detail, from target audience demographics to specific pain points and how your company plans to solve them.Executive summary - Include your mission statement here, as well as basic information about the business (team members, location and plans for growth).The subscription-based model - Selling a product or service that requires recurring payment from customers, usually on a monthly or yearly basis.The retail model - Basic strategizing that includes the main elements of retail businesses, from sourcing to profit.The reseller model - Purchasing products at a discounted price, individually or wholesale, and reselling them in a different marketplace directly to consumers.The razor-blade model - Selling a good or service at a loss but making up for it by up charging in other ways.The product/service model - Producing or offering quality goods or services with the expectation that consumers will buy at an acceptable price.The one-for-one model - Giving a free item to those in need for every purchased product, showing social consciousness and philanthropy on the part of the business and the consumer.The on-demand model - Providing prompt and direct services or goods for a convenience fee.The manufacturer model - Creating goods from raw materials and distributing them directly to the consumer.The leasing model - An individual or organization leases out a product they have purchased from a buyer, gaining profit by up charging in certain ways.The freemium model - Offering basic options for free or at a small cost while charging for premium upgrades or subscriptions down the road.The franchise model - A contractual agreement in which an established brand, the franchisor, works with independent business owners, the franchisees, to use official licensing and other means to open a storefront, the franchise.The distribution model - Distributing goods to consumers from manufacturers, including middleman retailers.The crowdsourcing model - Using a large, constantly changing group of participants to obtain goods and/or services. ![]() The bundling model - Bundling together products or services into one package.The brokerage model - Individuals or organizations serve as third-party brokers who bring together consumers and retailers but take a chunk of the revenue in the process.The ad-based model - Placing ads from other retailers and brands on a high-traffic site to gain money from clicks.FYI I used Amazon affiliate links in this post so if you make a purchase via those links I may earn a small commission at no additional cost to you. I hope you enjoyed this review and it provides the information necessary to make educated art supply purchases. I think the Pretty Excellent watercolor is still the best bet in the budget/student range but you don’t get pigment info with those so if lightfastness is important this would be a better bet. They area bit more expensive than other “private label brand” paints but they are a bit better than many of those budget brands. These are a traditional watercolor of a student grade quality. !he 24 color set is much better.īottom Line: If you want more Cotman quality paint give the Phoenix watercolors a try. A 12 color set should feature the most useful colors and this is lacking. ![]()
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