Saturday, February 15, 2020

Distribution Plan and Promotions Strategy Assignment

Distribution Plan and Promotions Strategy - Assignment Example External distributors will majorly carry out distribution of the smartphone. The phone is being sold globally and there will be a need to liaise with several distributors from several countries to get the product to the market. The distributors will supply the phones to retailers in their regions. This is an effective way of ensuring that the buyers all over the world can access the product. Other than using distributors, the company also intends to sell the phones on an online shop. This way the busy and young target group can purchase the smartphone and have it delivered to them saving them from the trouble of personally going to the shops. One recommended sales strategy is the use of sales people to sell the products directly to wholesale shops and door to door. This will enable the product to get to people who did not know about it and enable a significant number of wholesales to get hold of the product. Using wholesale outlets may also be a helpful strategy. Potential buyers can buy the product directly from them in bulk at a cheaper price or they can buy them from a retailer who is supplied by the wholesaler. Another applicable and effective channel of distribution is through the internet. Online shopping is the current trend in many households. Marketing products through the internet can be effective in reaching out to the targeted population. Selling the product online entails posting the specifications of the product, including the price and link or address through which a potential buyer can access the distributor. Finally, the use of telemarketing may be as well effective in marketing and distributing the product (Mullin & Cummings, 2008). It involves soliciting the target population to purchase a product through a phone call or through face-to-face video conferencing. It may is relevant in marketing my product and seeking a prospective buyer in that during the call, a promoter entices the targeted individual

Sunday, February 2, 2020

Manage Projects Essay Example | Topics and Well Written Essays - 750 words

Manage Projects - Essay Example Procurement management plan was designed to define the process and requirements for the project and a closeout report is presented here. This plan united the scope of the project with the risks associated with procurement. The plan elaborated the process from procurement planning to procurement closeout. From the first step of documentation to the contract closeout, procurement management takes into account all the risks that may occur in the process. The damage of these risks was not enormous however; procurement management deals with these risks beforehand and protects the organization from loss. The procurement process runs smoothly as all the precautionary steps were taken. There was no risk of understatement or overstatement of goods which protected the project from bearing high cost. This project was chosen because the organization needed high quality shrubs, tires and bricks and company’s capacity isn’t enough to produce such items inside the company. The project remained well under the limit of $575,000 with $5000 to spare and they were spent on taking care of buyer’s claims. Project finished before the planned deadline. Out of the identified risks, delayed delivery affected the schedule of the project by two days but it was covered up due to manager’s efficiency. Financial forecasts were very accurate as the whole project was accomplished within the monitory limitations. Management was present and available for supervision. All major management was performed by the procurement project manager but senior management was available for support and necessary tasks; approval for solicitation etc. Finances were also managed adequately. Approval from CFO was taken before planning the whole procurement. Project team worked effectively and efficiently with the stakeholders. Hierarchy was designed specifically for the whole procurement process. The project manager was responsible for the success