Your Course Work(Project): 1. Names fictitious business and identifies the locat
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Your Course Work(Project):
1. Names fictitious business and identifies the location.
2. Research (Internet or Library) competitiors in the art selling marked and found out what channels of distribution they use to sell their products. Write up a summary of your research and answer the following questions: Who makes up the target markets for the company’s products? How will the products be stored, inventoried and shipped? Does the company have other companies that handle the logistics (inventory management and shipping)? Does the company use the U.S. Postal Service for shipping?
3. Lists two target markets that you will use to sell the artist’s items.
4. Lists the channels of distribution that you wpould use to reach your markets. Expalins how your business will use the channels to recieve goods or services.
5. Create a diagram or flowchart to illistrate the channels of distribution that you select.
6. Explains how you will allocate budget dollars to meet the advertising goals you have prepared.
7. Lists four key elements of print advertising. Disigns oe writes an example of each element with an explanation of how they will be used.
8. Describes how you will handle inventory required to service and sell to customers. Explains reasons why to keep inventory in storage and the type of storage facility you will use.
9. Sources cited.