Therefore, in the beginning of the process, one would start small, at least until the product is matured enough to expand. Hence, “Aquato1” would probably be manufactured directly to consumers. Although this process entails that the company would have to do everything, it would be cost effective while evaluating the success of failure of the product. Once “Aquato1” has reach a level of success and profitability, then one can expand and establish distribution …show more content…
One would proceed with the process of establishing a rapport with retailers, like Amazon and Home Depot. Being that “Aquat1” is a functional, economical, and necessary product, and that Amazon and Home Depot are well-known retailers, it would be beneficial to conduct business with them and utilize them as a distribution channel. In fact, utilizing Amazon would also entice and cater to individuals who like to shop on-line rather than commuting to an actual store. One would also establish relationships with wholesalers, in order to diversify, save and make more money, improve efficiency, enhance competition, and obtain greater stability. In addition, establishing effective distribution channels and reliable supply chains can also increase the chances of “Aquato1” being marketed on a global level. After all, if establishing and utilizing a dependable distribution system to distribute “Aquato1” in country, perhaps strategic logistics decisions can be developed to ensure that “Aquato1” is quickly and smoothly distributed across borders. Part of being a successful entrepreneur is not only developing effective logistics plans, but also improving them, as well as managing them accordingly (Fawcett & Clinton,