Thursday, May 18, 2017

Market place interview

We had to interview someone that had something to do with businesses. I interviewed someone that sold clothes. Her name is Nathalie Parize and she owns the shop Elswhere on street 240. Below are her answers to my questions.

What was the first idea for your products?
She came up with the idea of making clothes because she started making clothes for herself.  She realized that nobody could actually have the finished product and lots of people liked the clothes.

How do you set the price of your products?
She set the price by adding all her production expenses (raw materials, rent, employs, electricity, water) and her profit.

How do you attract staff to work for you?
She lets the staff work on one whole piece of clothing which gives them a feeling of satisfaction. She gives her staff commission on the sales. She also gives her staff health insurance.

How does your product compete with other competitors products?
She tries to be different by using only natural in her clothes.

When did you start your business?

She started her business 12 years ago.

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