Cigar World is a company that aims to sell ‘#8216’ the ‘The Fine Cigar,’ a cigar with high quality at a very affordable price. This flagship product will be introduced at the Retailers Tobacco Dealers of America’s (RTDA) Las Vegas. It will be offered in three forms: short filler, premium bundle, and boxed premium. Cigar World is a Raleigh-based company. We aim to revolutionize the industry and produce high-quality products with affordable prices.
Cigar World, like any business, is open to taking risks. The company is working to determine trends in the industry, the needs of the customer, and how best to address the needs of the customer. Customers should expect exceptional service and products so they come back for more.
Our products target a high end market of males between 25-65, mostly professionals earning medium to high income. We will focus our efforts on retailers, wholesalers and catalog companies.
We believe that after the necessary funding is obtained, the company can capture 5-10% of the bundle premium market in the United States and Canada and up to 5% of the world premium boxed market in an 18 to 24 month period. This market share represents revenue growth of $2,000,000 in Year 1. It rises to $8,000,000 in Year 2 & $13,050,000 Year 3.
1.1 Mission
At Cigar World our mission is to revolutionize the industry by producing high-quality products at affordable prices.
1.2 Keys of Success
- Provide unmatched customer service. We take pride in addressing customer needs beyond their expectations, and in a timely manner.
- Our industry-leading quality control system will allow us to launch the company and compete with other companies on the market.
- We believe we have the fastest turnaround times. This coupled with our production flexibility will allow us to accommodate any customer regardless of size.
- The #8216Fine Cigar#8217 premium cigar is the most elegant in its class.
- Cigar World is part of the American Wholesaler Marketers Association and the Raleigh Chamber of Commerce and has been listed with Dunn and Bradstreet.
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