Page 20 - Bord Bia
P. 20

CONTENTS





                                                                                           Pre Trading







        a) Know Your Market:
        •  Is there a gap in the market?  Identifying mar-
           ket opportunities and consumer trends
        •  Is there a market in the gap?  Evaluating ‘size
           of prize’ for your new venture
        •  Do you know your target consumer?  Building
           consumer & customer understanding & insight


        b) Branding:


        •  Do you know what your unique selling
           proposition (USP) is?

        •  Do you know how to bring this USP to life in a
           relevant way for your consumers?

        c) Product Development:

        •  Product ingredients and technical information
           on brewing & distilling


        d) Great People:


        •  Key team members

        •  Developing a clear and compelling vision


        •  Finding and developing the right talent
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