Problem identification
-As the business grows, maintaining the quality and consistency of a simple product can become challenging, especially if production processes are not well-established.
-The familiar taste and simple ingredients may make it hard to differentiate Chesskut from other similar products, reducing its unique selling proposition.
-Given the simplicity of the product, customers may be highly price-sensitive, making it challenging to implement price increases or maintain profitability.
-High-quality ingredients at a reasonable cost can be a challenge, impacting production and pricing.
Summarize the sentences
1 answer
The challenges facing Chesskut include maintaining quality and consistency as the business grows, differentiating the product from competitors, price sensitivity among customers, and difficulty in sourcing high-quality ingredients at a reasonable cost.