Growing into an online business

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Homework on Growing into an online business: shoes online shop. Write a 4750 word paper answering; The online store will have the option to expand as needed to various regions without adding in extra prices with brand name shoes. This alternative will assist in changing the available fashion for shoes that are within the region. Business Philosophy The philosophy of “If the Shoe Fits” will be to provide high quality shoes at a low price. The company is based on offering all products with honesty, integrity and trustworthiness. All company policies will based on ensuring that every customer is satisfied with the quality of shoes while finding the best wear of the season. Industry The growth industry for online shoes and shopping is one which is continuing to grow. In the United States, there is an average of $21,627 billion sales per year with over 28,000 stores across the country. Athletic wear is the most popular style sold, followed by women’s shoes, then men and children’s shoes. The competition is one which is continuing to grow and which is noted by price, demographics and disposable income which each individual has. It is also found that styles of shoes alter according to the season and the trends that are within fashion. The growth in the United States is comparable to fashion shoes that are in every region of the world, specifically with the UAE beginning to follow with growth in the economy and new developments that are leading into more opportunities for development. However, the fashion trends and designer looks have not led to the stores completely moving into the region (Fulbright, 2011).

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