Since 1910, our family is in Jewelry business. Originally my great grandfather used to make gold and silver ornaments as per orders. And then when my family got expanded they added retail line to the business. Currently we have four retail branches in and around our hometown. As we all consider 21st century as tech savvy world my plan is to take the entire jewelry business online and make it worldwide famous brand. As jewelry industry is quite large and diverse, it’s very important to use web world to reach out mass amount of customers.
In order to our stand to the competitive online market I would advanced the business with latest technology and designs. My idea focus mainly towards 3D designs and customize jewelry.When it comes to expensive jewelry people are more concerned about the quality and design. In order to build that trust I planned to make it certified and guaranteed buy back.By going online the business would boost its sales and attract new customers.
To differentiate our traditional retail business with my online business I took following points into considering:
The MIB program would help me to address the specific challenges and opportunities of the luxury jewelry industry along with strong practical approach towards my family business.
The most important thing that I am going to get from Hult international business school is networking platform, because of it has many different nationality which ultimately help to push forward to succeed in my business goal. Also solving case studies would help in developing my thinking and also will enhance my social and interpersonal skills. While interacting with my professors and classmates will flourish my negotiation skills which is very essential for running a business.
I trust that by sharing my exercises and objectives, I have possessed the capacity to give you a look into the individual I am and what I want to accomplish. I have included what I have felt to be the most critical impacts on my profession decision. I anticipate that master’s level college will keep on being an adventure which I leave upon with awesome eagerness. Much thanks to you for your thought.