Question
It's a retail marketing class question you will develop a strategic plan for a new retail store. You are allowed to utilize the in-class activities,
It's a retail marketing class question
you will develop a strategic plan for a new retail store. You are allowed to utilize the in-class activities, data from Research Report 1, and the articles from your individual retail and technology annotated bibliography to back up your exciting new store opening strategic plan.
The report should include below items.
Finance and costs (check Ch 8)
Overall yearly sales projections for Year 1, 2, & 3. Year one break down of sales projection by month (consider seasonality) and hypothetical income statement. How are you going to measure your performance (corporate, merchandising management. and store operations)?
Specifically, what KPIs and/or measures will you be using and why?
Pricing strategies (check Ch 11)
What is your overall pricing objective? How are you setting prices on individual items?
Discounting strategy (When and why are you having sales?)
So just need a presentation type answers for a new store opening. The store is of protein powders. just provide estimates for the projections.
PLEASE I NEED IT URGENT!Ask any questions if you need help!
THIS IS ALL THE INFORMATION I HAVE. PLEASE DON'T SAY INCOMPLETE QUESTION. PLEASE EXPLAIN THE ANSWERS,
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