Milestone 1 The first milestone we want to complete is hold an event to bring awareness to our store. Along with the even we want to hire a key sponsor, preferably an athlete, to endorse our company and attend our event. The appearance of a celebrity at our event it will draw more attention to our store. We would like to complete this milestone at the end of the first quarter. Milestone 2 By the end of the second quarter we would like to give our customers the option of same day delivery. We believe that this will give us a competitive advantage over our competition. Milestone 3- Along with the same day delivery, we would like to have our customer recognition data base up and running at the end of the second quarter. This data base will allow us to better serve our customers. Milestone 4 The most challenging milestone will be opening our second store in the United Kingdom. We would like to have the store operational by the end of the third quarter. Milestone 5 Because we are on a one-year contract with our shoe companies by the start of the fourth quarter we would like to start discussing contract extensions with our suppliers. It would be ideal to get the contracts extended before the new year starts. Milestone 6 Every quarter we have a milestone to sale 375 pairs of shoes. Breaking it down further we want to sale at least 125 pairs of shoes a …show more content…
Fashion is continuously changing with people waiting for the next latest and greatest fashion item. It is important for Sole Assassin to determine what shoes will be popular through social media and customer database. There is also a risk of inflation on gas prices, which can in turn, raise the prices for transportation on shipping. We need to account for the economy and how it will change in the future months and years. A plan could help prepare for this type of contingency problem would be to budget money for potential inflation in gas
UPS NEXT DAY AIR- Has the same delivery timing as the UPS 2-DAY after the next business shipment
Availability of online ordering facility presents the franchise with a competitive edge over its rivals.
We will take good care of all our customers and our employees as well as our trucks and equipment.
At the meeting, management revealed plans to address both top-line growth and operating performance. To boost revenue, the company would develop more athletic-shoe products in the midpriced segment3a segment that Nike had overlooked...
...ng luxury, not many people want to wait two weeks to receive their product. When an item is ordered, it is needed immediately, and if it is received immediately then it not only improve the relationship to the customer. But it will also add value to the purchase which makes that customer that much more likely to buy the product again in the future, as opposed to your competitors. If you have customers in remote areas you do not have the luxury to send their shipment in a large batch of items, you must pay more to have that item shipped individually, which is costing more money.
...(2.06 million) based on these goals. Lastly, Nimsoft must remain aware of what job needs to be done. We must ask questions from different perspectives, continue to adapt, and make sure we are not overlooking potential markets. While the list is lengthy and the work will be difficult, following these steps will guide us in the right direction and prevent us from making the same mistakes those in the industry have already made.
Management experience will also play a large role in the success of the forecast. The current team is quite new and will gain some needed experience over the next year in the hopes of staying on track for success. The ability of management to ensure product is readily available for the client, their training techniques with new and seasoned associates, and general management style will ensure success or spell defeat for the store.
The business model that sets Zara apart from other clothing retailers is how rapidly the company changes stocks and releases new product lineups. The company averages 12-16 collections annually which equates to more than one lineup a month. Due to stock being limited and the rapid production Zara brings forth, their items are viewed as exclusive promoting further business. Their customers are happy knowing that their specific article of clothing is more “rare” due to only having an average of a two-week window to purchase the clothing. The company specifically targets current trends and has them in the store within 30 days. This maintains the brand’s uniqueness and relativity in fashion.
Based from the text, Croc 's shoes was able to address every limitations faced by the production or supply chain. So I am just going to provide suggestions.
The first recommendation that I have is we hold a white and black dinner for our members, and perspective member. Have it catered and have a nice band playing and we give tours. I feel that this dinner would be a way to show our members that we thank them for being members. The tours that we give we hit on our state of the art gym and we talk about the great food that we serve to our members. I also would like to offer new memebers that we select a discount on membership for a year that way we make it to hard to turn away. The next recommendation that I would add and one that could get excitement about it is we take a helicopter and we drop flyers with our name on it. I think this is one that drop a wide net, but it helps us seep through the masses to find only the best. The last recommendation and one that I’m excited for doing is we start a campaign of one that makes people want to come and see what we are all about. We drop words around business that the only places that is anybody will be their. we do what apple did for the Iphone, but we do it for our
In today’s world where the number of brands and products (tangible or intangible) are growing in numbers and companies are ensuring rapid diversification, research and attempting a perfect blend of marketing and promotion, it has become a pre-requisite for any brand or product to maintain an edge over others if they have to survive competition and emerge as a “name” spoken of an remembered. One of such well known companies in the field of promotion of live events is “Live Nation”. A California based concerts promotion company which was formed in 2005 currently serves concerts worldwide and has been associated with many of the renowned international artists and bands like Madonna, Shakira, Jay-Z, U2 and owning and partnering many promotion and production companies and ticketing houses throughout a wide array of countries.
For the past several decades, globalization has been a hot topic and it also anticipates every aspect of the world to connect each other. Likewise, globalization also allows consumers to have more access to catch up with updated fashion. The advantages of globalization bring a new philosophy called fast fashion, which holds quick response time and enhanced design in fashion apparel industry. In this paper, I will deliver By exploring all the aspects of each system, I will conclude the reason why fast fashion becomes the mainstream of the fashion apparel industry, and use one particular brand, Zara, as an example to discover the impact on consumer behavior in detail. Finally I will make some comments on the future of fast fashion and what luxury brands will react to this circumstance……..
Society has vastly changed just over the course of the last decade. While becoming financially independent, getting married, and buying a house and settling down are all still goals pursued by young adults, they are no longer always at the forefront of people’s minds as many young adults now set out for more ambitious goals as they aim to truly challenge themselves in changing the world rather than being content with what is considered to be normal by today’s standards. Furthermore, young adults are starting to plan things around their own life rather than the typical American life. The traditional milestones still remain, but are often put in different orders as people prioritize what is most important to them at that point in time. With knowledge
We want to introduce expensive shoes to the market. We have arranged this feasibility plan on that base. We have given a name for brand as “Flex”. This shoe is specially introduced for women. Currently women’s need a special pair of shoes which comfortable. Flex will have a matchless, wide selection of different shoes. Generally, the size of “flex” selection is cost high-priced due to all different sizes that must be kept per style. Flex has a sole business model that permits them to have a wide selection at the cost of only keeping one size per style. This is accomplished through a special relationship with the wholesaler so Flex can receive a customer’s required size within two days. Hurry overnight shipping is available
I didn’t try to write a milestone essay at first because I assumed milestone meant something great that happen which made your life changed significantly. But now I know that it doesn’t necessarily mean that. It could be anything bad or good—or even neutral I suppose, if that’s even possible—that has a significant change in your life. It’s that or I’m just trying to think of a really good excuse. Either way, now that the disclaimers are done I shall begin.