Busy Baby and the Tariff Trap A Small Business at a Crossroads Neha Mittal
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Busy Baby and the Tariff Trap A Small Business at a Crossroads Neha Mittal I was working for an online fashion retail company, BusyBaby, at the time when the US-China trade war led to a surge in import tariffs on products ranging from electronics to toys. It was a time when our business was growing rapidly and I felt we were headed in the right direction. However, with tariffs, the costs started to rise for us, our logistics partner, and our suppliers, leading to increased lead times,
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Busy Baby and the Tariff Trap The Baby industry was growing at an exponential rate in the last few years. Baby products and baby wear were on the top of the market. With an increasing demand, the production, procurement, and distribution of baby products were facing a considerable amount of competition. To stay competitive, the companies started focusing on product differentiation. The demand for a unique and different product was increasing in the market. The demand for baby wear was also increasing. In such a situation, Business A, a leading baby company, had the following challeng
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Busy Baby and the Tariff Trap A Small Business at a Crossroads In today’s world, we hear of almost everything and see almost everything. However, the world has yet to be free from an economic crunch and a global recession. It’s always been an issue for us to make the right choices and find ways to get a comfortable lifestyle. We all have our different ways of solving the economic issues of the country. Our small business at a crossroad, as it’s called, has a problem. It has
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The start-up buses my business, and I write a simple yet interesting topic and start researching for the topic. My business’s name is Busy Baby and it’s a small business dealing in baby products. It was born in 2016 with the vision to help mothers in their day-to-day lives. Today, Busy Baby stands as the world’s top baby-care product brand with its products selling across 20 countries and 7,000 retail outlets. hbr case study help But, it is a
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Busy Baby: Our Business Model: We, “Baby” are a 100% indigenous small business with a proprietorship firm. We are committed to delivering best-in-class quality products at the most affordable prices. “Baby” has been in business for last 5 years, having been started by our Founder’s (Owner’s) family with over 20 years of experience in the industry. Our Products have always been at par with international quality. Our products are unique, innovative, and have the edge of
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“Busy Baby,” the most affordable baby monitor ever, is being pulled from shelves by its owners. They can’t figure out why it won’t connect to their wireless networks. They try resetting, turning off and on, but it still won’t cooperate. It has been reported by several customers, and I was the first. But they refused to listen. I knew I was onto something. The problem is that this small business had to make a difficult decision: either they close their doors, or they try and change their business model