Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You are the producer of a new soft drink that boost energy for all kinds of people. Walmart has been a good retailer who has
You are the producer of a new soft drink that boost energy for all kinds of people. Walmart has been a good retailer who has been selling your product nationwide. You received a phone call recently from Walmart that they do not like to continue keeping your drink due to a sudden decline of sales. You called for an immediate meeting with the sales team of your company and decided to send this team to meet with the purchase director of Walmart. The sales team to meet with the purchase director made up with four members. The following issues to be discussed and included in your report. 1. Identify the reasons for sales decline 2. Discuss the pricing issues FACTS: Manufacture selling price per unit $0.80 Manufacturer selling price per dozen $9.60 Retail price per unit at Walmart $2.00 Retail price per dozen at Walmart $24.00 Retail price per unit at competitors' stores $1.90 Retail price per dozen at competitors' stores $22.80 Walmart sales per year $3 million in each store and the product kept in 150 stores countrywide Other stores sales per year $1 million and product kept in 200 stores country wide
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started