Vinamit

The first step in starting a small business is in the idea, if the idea isn’t good, the business probably won’t be profitable. The market is

As mentioned in an earlier assignment, there are three main types of distribution channels. The first is the channel that goes from the producer, then to the wholesaler, then to the retailer or sells to the consumer. The second channel starts with the producer who sells straight to the retailer, who then sells to the consumer. The third channel goes directly from the producer to the consumer. Channels one and two are classed as indirect marketing channels, whereas channel three is a direct marketing channel as it goes straight from producer to consumer.

also can have risks; as the owner you cannot bring others into the business, so the

By not going through the regular intermediaries that the competitors use will cause problems for the distribution factor. By going through their intermediaries it will be provided by a trusted network where the salespeople that Richard hires might cause a channel conflict and it will fail.

First of all, why would you want to start a business in the first place? Most people think that the reason for starting your own business is so that you can make a lot of money and retire rich. This is a great idea but it is not the real reason that people take the risks of entrepreneurship.

One of their main strategy is to diversify their main business into many areas as possible as they can. Company is greatly looking the extent to which they are feasible with going to a new area and based on that they try to enter into different markets at a lower cost using their strong brand image in the global industries. This company is always looking for challenging venture in the market. While most of the organizations being risk averse, this organization act as a risk seeker in the market who will accept the challenge of going into new ventures very quickly. However, almost all the ventures they enter into has been a success as at now. This is because they always accept their

Allround is sold through both direct and indirect channels, the venue of direct to the retailer allows for more control over the product placement in the modes of independent drug stores, but for larger stores such as grocery stores, mass merchandisers, and chain drug stores the study found that they focus concerns on product turnover and given allowances for the product.

* Higher sales volume in wider location and hence higher profit (distributor require either high volume sales or high advertising, hence if tied up with any one distributor, the sales target might go high requiring the company to be more competitive)

Not mention, however, the company might be work on the distribution of the dealers. Because Chatterjee mentioned that their major competitors are weakly of distribution.

To put the company's products to consumers can be sold through public distribution channels, direct channels, indirect channels.

You want to start a new business but you feel like you may fail or you might not have the

Distribution has is closely dependent to that target market. Breezy’s Leather Goods distribution is going to target locally, in Downtown Wilmington, North Carolina. Therefore, the distribution channel will start as a local retail store in the Art & Antique district. Breezy’s will maintain strong well-known local distribution, but eventually expand its distribution to other areas of North Carolina. This will make Breezy’s products have more a statewide distribution. However, the ultimate goal is to make products available online where locals and people nationwide will have access to Breezy’s Leather Goods. This type of distribution is known as direct distribution. Direct distribution is where the vendor is the owner and manages all of the company’s resources in the value

Numerous large businesses that are operating today were once started as small businesses. A new business is established to create a good or service that no other businesses have ever created or simply a product of higher quality than existing products, with the purpose of meeting customers’ needs and earning profits. Due to the technological advances at the present time, starting and operating a new business is less laborious. Nevertheless, would-be entrepreneurs should be familiar with the proper approaches to start their businesses.

Keeping these realities in mind, it is very much obvious that for this market, we choose and follow a value based pricing and do not keep the price of the product too high. It is advisable rather to follow an average pricing and let the consumers build some enthusiasm around the product.

Price, which is one of the most important elements of the marketing mix, can be difficult to get right. Pricing too high, or low, can negatively impact on customer satisfaction and revenue. Adopting a pricing strategy is necessary to achieve desired sales objectives (Chan & Wong 2005).