Using your product from question 2, what would need to be included in your logistics plan? What
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Using your product from question 2, what would need to be included in your logistics plan? What mode(s) of transportation would you use to distribute your products?
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2. Choose a real, or imagined, product that you would like to create or sell some day. Develop a distribution plan for that product by going through the steps of creating a distribution strategy. For each step, list realistic examples of strategies you would use for your product. (1-2 sentences each, 10.0 points) Product - Sneaker for cross-training a. Step 1-Evaluate your customers: Identify potential consumers, such as fitness enthusiasts, athletes, and those who place a premium on comfort and design in their footwear. b. Step 2-Identify partners: Identify potential collaborators, such as sports retailers, online marketplaces, and fitness centers that appeal to the target market. c. Step 3-Research and build partnerships: Conduct market research to identify the best partners for the product, negotiate partnership terms, and establish relationships with these partners to assure consistent distribution. d. Step 4 - Manage your distribution channels: Monitor the distribution channels, ensure on-time product delivery, and maintain sufficient inventory levels to meet customer demand. e. Step 5-Evaluate success: Routinely evaluate the distribution plan's success by analyzing sales data, customer feedback, and partner performance, and make any necessary adjustments. 2. Choose a real, or imagined, product that you would like to create or sell some day. Develop a distribution plan for that product by going through the steps of creating a distribution strategy. For each step, list realistic examples of strategies you would use for your product. (1-2 sentences each, 10.0 points) Product - Sneaker for cross-training a. Step 1-Evaluate your customers: Identify potential consumers, such as fitness enthusiasts, athletes, and those who place a premium on comfort and design in their footwear. b. Step 2-Identify partners: Identify potential collaborators, such as sports retailers, online marketplaces, and fitness centers that appeal to the target market. c. Step 3-Research and build partnerships: Conduct market research to identify the best partners for the product, negotiate partnership terms, and establish relationships with these partners to assure consistent distribution. d. Step 4 - Manage your distribution channels: Monitor the distribution channels, ensure on-time product delivery, and maintain sufficient inventory levels to meet customer demand. e. Step 5-Evaluate success: Routinely evaluate the distribution plan's success by analyzing sales data, customer feedback, and partner performance, and make any necessary adjustments.
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a Step 1 Evaluate your customers For a crosstraining sneaker potential consumers could include fitness enthusiasts who engage in various activities at... View the full answer
Related Book For
Applied Regression Analysis and Other Multivariable Methods
ISBN: 978-1285051086
5th edition
Authors: David G. Kleinbaum, Lawrence L. Kupper, Azhar Nizam, Eli S. Rosenberg
Posted Date:
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