One word file and one powerpoint file One: Your company will be selling a produc

One word file and one powerpoint file
One:
Your company will be selling a product that is in high consumer demand. The product will be sold via your e-commerce store. There are several considerations when starting your business venture such as marketing, funding and product development. This assignment will focus on product development. Becreative with your product.
Product & Company Details
1. Describe your company. Provide a name for it and what product is being produced.
2. Describes your company’s value (This means what is the impression you want your customers to walk away with. For example, quality products at low prices, environmentally friendly products, etc.
3. Describe the product your company will produce. Provide as much detail about the product. Be sure that you describe any labeling that maybe required. For example, wearing apparel requires a care label that includes country of origin.
4. Provide a detailed sketch of the product. include a frontal view and back side view.
5. Provide a price point for your product. Describe how you came up with that price and explain why you think that would help make your product more saleable.
6. Discuss each of the 4 elements (Measurability, Accessibility, Profitability & Actionability) of the Marketing Segmentation (use the Marketing Segmentation PowerPoint in Week 2) and how these apply to your product. Remember each of these plays a role in the sale of the product. After reviewing the results of market segmentation analysis, which segment or target market would most likely buy your product and why.
Two:
PART 1
You have a great idea for a wonderful product but as most fledgling companies funding is an issue. This is one of most involved and complicated aspect of starting a business. For the purpose of this assignment, we will limit our options to the choices listed below. In real life there are more choices, and some are very worthy. As example are small business loans issued by the government, such as the Small Business Administration. Another option are investors, and they can come from any walk of life. These are people who like your company’s idea and are willing to take a chance on your company’s success. Lastly, you may be very fortunate and have a rich relative who is willing to help finance your business, or you may have come upon an inheritance.
(Remember to do PART 2 of the assignment which is listed below)
For now, let’s consider the following financing methods. These are the same as those discussed in the financing lecture.
1) Asset based financing -a specialized method of providing companies with working capital and term loans that use accounts receivable, inventory, machinery, equipment, or real estate as collateral. It is essentially any loan to a company that is secured by one of the company’s assets.
2) Factoring a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. A business will sometimes factor its receivable assets to meet its present and immediate cash needs.
Be sure to respond to each of the questions thoroughly and completely.
1) Please select one of the above listed financing methods you think is best for your company and explain why your company made that choice.
2) What factor or factors influenced your decision
…
PART 2
Lead Time is the amount of time between process initiation and completion. For the customer the lead time is the time between a confirmed customer order and its scheduled delivery based on your company’s terms and conditions.
There are several different types of Lead Time, but we will focus on the Customer Lead Time.
Customer Lead Time focuses on the amount of time taken between order confirmation and order fulfillment.
You will create a flow chart to include the following:
1. Amount of time to process customer’s order and issue order confirmation.
2. Amount of time to process payment.
3. Amount of time to manufacture/produce product.
4. Amount of time to inspect the product (quality control).
5. Amount of time to package the product.
6. Amount of time for transporting the product to customer’s home.
Three:
Now that you have read the lecture you have an understanding of the more popular supply chain systems. Your company is growing and expanding. You want to be able to continue delivering your product on time while maintaining an excellent quality standard. At the same time, you want to be able to increase your company’s profit. One of your options is to use one of these systems to track all steps involved in the supply chain.
1) Please tell me in detail which system or systems your company will use and explain in detail which features or aspects you found the most useful of that system.
2) How will it benefit your company’s supply chain? Explain in detail. For example, your company’s ability to track inventory levels. Remember we always want to maintain low inventory levels because this affects profits.
3) What sorts of other technologies would you incorporate into your supply chains to increase efficiency? Please explain in detail. Be as creative as you want. For example, Amazon wants to reduce its delivery times further, so it has dedicated resources towards the development of drone technology. Their end goal is to have drones make deliveries this cuts costs such as those of fuel, salaries, insurance, etc.
Four:
An aesthetically pleasing and practical webpage are key in getting business. For your last assignment, you will create a webpage using PowerPoint. Be creative and be sure to incorporate the following elements:
1. Logo
A quality logo is an essential factor for any eCommerce business; it is often the first impression potential customers receive. A well-designed and recognizable logo can be a sign of reassurance and trust for customers.
2. Free Shipping & Discounts
Shopping deals, discounts, and free shipping are great sales tactics to capture consumers’ attention and keep them on your website. Very often, these are the first things customers look for and can determine whether to add an item to their cart. Deals and discounts prompt customers to spend, which means it’s ideal to position these eye-catching offers in optimized locations.
3. News & Brand Products
The homepage is an optimum location to put upcoming events, sales terms or promotions. Also, if you have branded products on sale, displaying them prominently can grab a potential customer’s attention, particularly for those who are unsure of what they need.
4. Shopping Cart, Login Box, Search Box
These three features are critical and all about convenience. Provide your customers with private accounts so they can check out all of their current and previous orders, as well as save payment options for checkout ease. A search bar is a must-have, creating a convenient shopping experience for the customer who knows what they want.
5. Payment System Icons
Online stores commonly use debit and credit cards or Pay Pal options as their primary payment systems. It is wise to clarify all your payment options throughout your website, so a customer knows if they have the proper payment methods available.
6. Social Media Links
Social media channels like Facebook and Instagram are great ways to promote your products and services, as well as actively engage with your customers to remain top-of-mind. It’s critical to have social media links readily available to give customers looking to engage easy access to your online presence.
7. Return Policies
Most customers will want to know what your return policies are, especially if they are first-time buyers. Creating an easy-to-locate FAQ or policy section.

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One:
Your company will be selling a produc appeared first on blitzarchive.com.