Business plan
1. Introduction
GL (Good Life) Pty Ltd is a large Australian manufacturer of whitegoods, such as refrigerators, microwaves, and washing machines. They have a good brand name, which consumers and distributors associate with innovative design. GL has recently designed a combined washing machine and clothes dryer into one unit.
This report will discuss the segment in the market that will be targeted, identify the likely competition that will be faced that could impact the plans of
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functions/offerings.
The shopping products category also divides into two types, homogeneous and heterogeneous. Homogeneous products are where consumers seek the lower prices as they see little difference with alternatives. While heterogeneous products make consumers solve an extensive problem where prices and quality is compared and branding less important. We believe the washing and dryer unit would be a heterogeneous product as the price for a unit would cost approximately $800 so this makes the consumer
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