I am having trouble with a specific marketing approach. Say you are a member of a team that has been directed to market your online specialty wine distribution company. Discuss what automated marketing approaches might benefit your business without adding to your workload. Which forms of offline advertising would most benefit the wine distribution company? Thank you.© BrainMass Inc. brainmass.com October 25, 2018, 8:30 am ad1c9bdddf
One of the most important aspects of any business is relationship building with its customers and automated solutions can be very helpful with this. For example you can choose an online shopping cart service provider with a shopping cart which does double duty as a customer relationship manager. The shopping cart software should be one which is customizable for a particular business and for the wine industry. To become and remain a competitive online wine seller you will need to find shopping cart software that provides you with an unlimited capacity to work using limited technical expertise. That way even associates with limited technical expertise and time ...
This is a discussion of automated marketing approaches that will benefit an online specialty wine distribution company without adding to their workload. It also discusses forms of offline advertising which would most benefit the wine distribution company.
Obsolete inventory, inventory policy footnotes: Cisco 2013
A company's annual report usually will identify the inventory method used. You can analyze the effects of the inventory method if you have the income statement and balance sheet of a company. Go to the Cisco website(see attachments).
Address the following questions based on the current year's Annual Report on Cisco's website:
1. At Cisco's fiscal year-end, what was the net inventory on the balance sheet?
2. How has this changed from the previous fiscal year-end?
3. How much of the inventory was finished goods?
4. What inventory method does Cisco use?
5. Is inventory considered a current or noncurrent asset?
6. What is obsolescence? Should all companies report the amount of obsolete inventory on-hand? Why or why not?