Question

In: Operations Management

Step 1 Consider a time when you wanted to buy a certain product but could not...

Step 1 Consider a time when you wanted to buy a certain product but could not find it.

What was your reaction? Why? How did the lack of availability affect your perception of the company and of the product? Did it make you want it more or did it make you frustrated so that you lost interest. Speculate on the supply chain and distribution channel strategy that the company was trying to achieve.

Step 2 Now consider a product that is widely available.

What is your perception of the product and the company? How is your perception influenced by the ubiquity of the product? Speculate on the distribution strategy and goals for the company.

Step 3 Compare and contrast your findings in the first two steps.

How did the availability of the products influence your thoughts and attitude toward the product and the company? Speculate as to whether the companies' distribution strategies have proved effective and served them well.

Step 4 Write your paper.

In addition to discussing each of the questions in Steps 1 and 2, be sure to include the comparison between the two companies and products.

Deliverable: no less than 500 words.

Solutions

Expert Solution

Step 1: Consider a time when you wanted to buy a certain product but could not find it.

The unavailability of product will create more curiosity among the individual. In addition, he/she will endeavor to investigate every alternative from where he/she can buy it. Inaccessibility can likewise leave the person to see that the item is great that is the reason it has an appeal. This circumstance will make an anomaly and individual will need it more. Such organization receives specialty promoting and embraces broad circulation channel system whereby it pick single outlet to move its exceedingly estimated item.

It was an experience which was both fun as well as arduous. The excitement and anticipation of being able to get hold of an item which was being pried for by many made the entire experience unique. However not being able to get the product on the first few tries frustrates an individual and they might change their decision to get the product.

Step 2: Now consider a product that is widely available.

Items that are effortlessly accessible are viewed as typical items and don't make interest among clients. Such organization pursues escalated dispersion system to move its usually utilized low evaluated item. Through this methodology organization endeavors to cover whole market.

The shortage of the product made owning it exclusive and something to be proud of.

Speculate on the supply chain and distribution channel strategy that the company was trying to achieve.

Step 3: Compare and contrast your findings in the first two steps.

From the above two step one can conclude that price and the availability of a product influences customer attitude and perception. Accessibility of items cast an immediate effect on clients’ manner of thinking. Clients relate accessibility of an item with its interest. Hence, they see that an item ends up inaccessible because of its appeal and tight clamp versa. Less accessible items are seen to be an institutionalized item and in this way having an appeal. Though, generally accessible items are seen to be of low quality in this way, have a low interest.

  • Create a hype for the product by selling it through this channel and make consumers feel that the product is limited edition
  • Since the production was not matching the demand this method would ensure that the people would be eager to buy the product and the consumers would try to buy the product week after week giving the company the time to produce more units in the meantime.

Related Solutions

Step 1 Consider a time when you wanted to buy a certain product but could not...
Step 1 Consider a time when you wanted to buy a certain product but could not find it. What was your reaction? Why? How did the lack of availability affect your perception of the company and of the product? Did it make you want it more or did it make you frustrated so that you lost interest. Speculate on the supply chain and distribution channel strategy that the company was trying to achieve. Step 2 Now consider a product that...
Step 1 Picture yourself as a Senior Product Manager in your favorite industry. This could be...
Step 1 Picture yourself as a Senior Product Manager in your favorite industry. This could be high-tech, financial services, consumer products, electronics, automobiles, restaurants, food services, etc. Choose an industry with which you are familiar. Sit quietly and brainstorm with yourself about a possible new product idea. This does not have to be completely original. It could be as simple as a new flavor of ice cream, a new feature on a hair dryer or a new color iPod/iPad. Step...
1) The amount of time analyzed whether to buy a product is quite long. The demand...
1) The amount of time analyzed whether to buy a product is quite long. The demand for this product is elastic or inelastic 2) The proportion of the budget spent on the item is very small. The demand for this product is elastic or inelastic 3) An increase in the quantity demanded could be caused by: (if the product is a superior good with substitute and complementary goods. Choose all of the correct items) a) an increase in the price...
Think of a time when you were involved in strategic decision making. This could be a...
Think of a time when you were involved in strategic decision making. This could be a business situation or a personal situation. It could be anything from purchasing inputs for a manufacturing firm to trying to divide up household chores. Strategy is huge in sports – Should we punt or go for it on 4th? When I purchased my car. I looked for the type and color of the car first in the city and online. I looked for a...
Step 1 Picture yourself as a Senior Product Manager in your favorite industry.This could be high-tech,...
Step 1 Picture yourself as a Senior Product Manager in your favorite industry.This could be high-tech, financial services, consumer products, electronics, automobiles, restaurants, food services, etc.Choose an industry with which you are familiar.Sit quietly and brainstorm with yourself about a possible new product idea.This does not have to be completely original. It could be as simple as a new flavor of ice cream, a new feature on a hair dryer or a new color iPod/iPad. Step 2 Create a post...
I would really appreciate it if you could explain this problem step by step, in as...
I would really appreciate it if you could explain this problem step by step, in as much detail as possible, as I am having a difficult time trying to understand it. Thank you :) How many liters of CO2 can be produced by combustion of 5.80 g butane with 15.0 liters of oxygen . All gases measured at STP. I appreciate your help!
persuasive speech 1.Consider a time when you listened to a persuasive speech and felt moved in...
persuasive speech 1.Consider a time when you listened to a persuasive speech and felt moved in beliefs, attitudes, values, or actions. Share how the speaker persuaded you. Why was the speaker effective, in your opinion? Fallacies of argument are common in persuasive speeches. Which fallacy do you feel is the most common in our culture right now? Why?
If you had no barriers and could do anything you wanted, as a Dietetics and Nutrition...
If you had no barriers and could do anything you wanted, as a Dietetics and Nutrition student, what would be your long-term academic and career goals be?
Could you please give me step-by-step on how to solve this. Thank you! I believe that...
Could you please give me step-by-step on how to solve this. Thank you! I believe that the population proportion for 50% of the people who live in my neighborhood drive a mini van. I surveyed 40 people/houses in my neighborhood and found that only 19 drive mini vans. Use the significance level .10 to test the hypothesis.
Step 1: Think about the last time you used instructions to do something. Step 2: Answer...
Step 1: Think about the last time you used instructions to do something. Step 2: Answer the following questions: What did you use the instructions to do? Did you follow the instructions perfectly, that is, going through each step as it was listed? Why or why not? Did you find the instructions easy to follow? If yes, what specific element made the instructions easy? Did you find the instructions difficult? If yes, why?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT