Like every business there are market forces that effect the supply and demand of a service and or product. For us, the market forces are customer demand, materials, and competition. Competition affects us because we want to have the lowest price available in our community. The customer demand affects us because if customers aren’t coming in to fix their product were going to have to up our prices in order to stay in business. The materials affect us because if people aren’t coming in to sell their product so that we can use it for parts or if components go up in price, we have to up our service price.
Expenses That Affect Our Prices Are:
- Replacing tools
- Staff salaries
- Office Supplies
- Maintaining a license and insurances
Potential Customers Are:
Our targeted customers are those who have a broken phone and or video game console. Those without any knowledge on how to repair their own technology. Those that are economically and environmentally people that want to get the most out of their devices to the full extent of their capabilities before replacing them.
How Do We Intent To Make Money?
REK Electronic Repair intents to make money by buy broken electronics to either use for parts or we refurbish them and resell them making a profit. We will first determine whether or not a device is refurbish-able if not it will be used for parts for another device. We also intent on resurfacing gaming disc and selling phone accessories. We will also charge customers on any repairs we make on their devices.
Why Us?
The reason why customers will choose us over our competitors is because our prices are lower and affordable. We can fix their technology in a timely manner with great quality work. We make sure that our customers are happy because satisfaction is always guaranteed because that’s our company top priority. The satisficed the customer is the more likely they will return to us with any other device issue they have and/or they will recommend us to a friend or family member.
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