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ions Question 1 A fashion e-commerce startup is struggling to differentiate itself in a crowded market. Which component of the Business Model Canvas should the company focus on to build a unique brand identity and attract customers, and what strategies could they employ? Key Activities - Invest in photography and visual content creation to showcase products in an appealing and aspirational way. Value Proposition - Curate a selection of niche or sustainable fashion brands to appeal to socially conscious consumers. Customer Relationships - Leverage social media and influencer partnerships to engage with customers and build a loyal community. Revenue Streams - Explore innovative pricing models such as rental or subscription services for designer fashion. 6.25 pts
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Moreprofit = total income - total expenditure Calculate this company's a) total income. b) total expenditure. c) profit. Description Money in Money out Sales-Monday £25.00 Wages - extra staff £110.00 Stall hire fee £20.00 Sales-Tuesday £20.00 Supplies-stationery £6.00 Sales-Wednesday Materials Sales-Wednesday Materials £35.00 Description Money in Money out Sales-Monday £25.00 Wages - extra staff £110.00 Stall hire fee £20.00 Sales-Tuesday £20.00 Supplies-stationery £6.00 "Sales-Wednesday Materials" £35.00
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