What challenges do you think the Rent the Runway entrepreneurs faced in going from idea to implementation? What challenges are customer-focused? Which are supplier-focused?
A) Securing funding, developing logistics infrastructure; managing customer expectations, ensuring satisfaction; negotiating contracts, establishing partnerships
B) Hiring skilled staff, navigating regulatory requirements; understanding customer preferences, providing excellent service; sourcing high-quality products, maintaining relationships
C) Designing a user-friendly platform, building brand awareness; attracting and retaining customers, handling complaints effectively; managing inventory, optimizing supply chain efficiency
D) Conducting market research, creating a unique value proposition; offering personalized experiences, building customer loyalty; negotiating pricing, ensuring product availability
