Prepare a paper identifying the market segmentation for your product and/or service. Conduct a SWOTT (Strengths, Weaknesses, Opportunities, Threats, and Trends) analysis on your product and/or service and analyze the factors as they apply to the Marketing Plan paper. I just need help with the threats. The product is below.
Thanks for posting today. Hopefully, we can give you some ideas of what threats you might face.
When it comes to threats, I tend to see competitors, government regulations/taxes, and legal concerns (ie, liability).
Let's look at competitors. In the area, you have ALOT of them. Here's a brief list I found by pulling up Google:
"A. Potomac Concierge - www.potomacconcierge.com - (240) 274-1833 - More
B. Its Your Time - www.itsyourtimenova.com - (571) 217-6105 - More
C. A Plus Errand Services - maps.google.com - (301) 309-3722 - More
D. Best Errand Services - maps.google.com - (703) 542-7630 - More
E. h2o, inc - www.h2osimplicityoflife.com - (410) 591-8128 - More
F. Superior Couriers LLC - maps.google.com - (202) 397-5861 - More
G. Evans Errand Services - maps.google.com - (240) 296-0817 - ...