Question

In: Operations Management

You are a consultant being considered by a new business venture (department store) that plans to...

You are a consultant being considered by a new business venture (department store) that plans to engage its customers through an aggressive web - , mobile - , and social media - based marketing plan . Before they consider hiring you , however, you must become knowledgeable within their industry to ensure your recommendations provide a significant competitive advantage to the new venture. Prepare a simple proposal letter that demonstrates your knowledge of the industry department store industry.

Solutions

Expert Solution

From

XYZ

Date: 5/20/2018

To

ABC Department Store

Subject: Proposal for consultant in your department store.

Dear Sir/Madam,

Providing consultancy services to any business ventures seems to be a challenging task especially when it is customer related services. Reaching the customers by using mobile and social media applications seems to be an important and challenging task in your marketing plan.

I am a professional consultant providing consulting and advisory services to many department stores and major retail outlets for the past ten years. I am in the field of providing custom made strategies and services that help you in using mobile and other social media applications to reach out to your customers effectively and also which helps in matching your company’s goals. The results will enhance your market presence by retaining existing customers and also attracting new customers, achieving reasonable return on your investment. The growing list of huge number of clients will bear the witness.

It would be my pleasure to work for your store in devising a marketing plan that helps in reaching wide customer base. Giving me an opportunity will help me in proving my value for your company by delivering a specific marketing plan that helps in reaching highly influential customers.

Please take a moment to go through my attached proposal to find out my promises for your business. Looking forward to hear from you soon.

Sincerely,

XYZ


Related Solutions

Submit a business proposal for a new business (A new "start-up" venture that you or a...
Submit a business proposal for a new business (A new "start-up" venture that you or a group of people are contemplating) Submit a new project proposal (Possibly one that you and/or your firm is working on now or recently completed) Prepare a proposal using the requirements list below. The proposal should focus on solving a organizational problem and provide for cost savings and/or revenue-generation. I suggest that you use a project that you have or plan to propose to your...
The new credit manager of Kay’s Department Store plans to liberalize the firm’s credit policy. The...
The new credit manager of Kay’s Department Store plans to liberalize the firm’s credit policy. The firm currently generates credit sales of $575,000 annually. The more lenient credit policy is expected to produce credit sales of $750,000. The bad debt losses on the additional sales are projected to be 5%, despite an additional $15,000 collection expense. The new manager anticipates production and selling costs will remain at the 85% level. The firm’s opportunity cost is 12%. If the firm maintains...
Imagine you are a security consultant for a large department store. Explain how you would target...
Imagine you are a security consultant for a large department store. Explain how you would target shoplifters. Include specific information about the psychological and demographic characteristics of shoplifters.
A department store, A, has four competitors: B,C,D, and E. Store A hires a consultant to...
A department store, A, has four competitors: B,C,D, and E. Store A hires a consultant to determine if the percentage of shoppers who prefer each of the five stores is the same. A survey of 1100 randomly selected shoppers is conducted, and the results about which one of the stores shoppers prefer are below. Is there enough evidence using a significance level α = 0.05 to conclude that the proportions are really the same? Store A B C D E...
1. Suppose that you are thinking about whether to invest in a new business venture. You...
1. Suppose that you are thinking about whether to invest in a new business venture. You believe that there are three possible outcomes if you decide to invest: • Make a profit of $100,000 • Make a profit of $20,000 • Lose $50,000 Suppose that you consider the probability of making a profit of $100,000 to be .15, and you consider it three times more likely that you make a profit of $20,000. a) Determine the expected value of your...
You are a business consultant. You have just taken on a new client for Enterprises Pty...
You are a business consultant. You have just taken on a new client for Enterprises Pty Ltd, a manufacturer of cakes. Your client has just begun the process of setting up this business. A business plan has been produced, the target market identified, raw materials sourced and manufacturing premises located. The next step is to figure out how to finance the business, and the client has come to you for advice. Recommend the most appropriate sources of finance by using...
How to design a balanced scorecard for a new business venture
How to design a balanced scorecard for a new business venture
assuming that you have successfully planned and lauched a new business venture, describe how you will...
assuming that you have successfully planned and lauched a new business venture, describe how you will udertake the development of internal administrative system of the business and sustain growth
As a manager and an entrepreneur, you will face a new challenge – business venture structured on the theory of the firm.
Key objective: discovering zero economic profit in a small-business operating in the perfect competition of market structure.Setting: As a manager and an entrepreneur, you will face a new challenge – business venture structured on the theory of the firm. You are opening a restaurant in your selected town in the State of NY (please name it up front in your assignment). As to simplify the scope of your consideration, we narrow down the problem with several assumptions. You will be...
How the elements of a new venture team effects the efficiency of your new business and...
How the elements of a new venture team effects the efficiency of your new business and identify the common errors made in putting togthera new venture team (8)
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT