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Retail ecommerce customers expect instant gratification. In-house
Extranet customers don't. Extranet customers, being affiliated
with your organization, are not entitled to immediate service
if providing that service is inefficient or costly to the company.
Instead, they just have to plan ahead. It is entirely proper
for them to give you three or four weeks to deliver products
that you don't keep in inventory - as long as you offer a great
selection from which to choose. So your first product line tier,
as always, is Staple Goods. The second is the Custom
Order Collection - stuff that will take a few weeks to deliver.
That's the one we're examining here.
Why Bother?
- Here's why you need to create a Double Tier Inventory by adding
a selection of Custom Order items to your Extranet Company Store
& Supply Depot.
• Double-Tier Inventory allows you to offer a huge range
of carefully selected options without bearing the cost of merchandise.
• Sooner or later units of your organization will need
the unique items in the Custom Order Collection. (Just not often
enough to justify keeping them in inventory.)
• If your Company Store doesn't supply these items, an
outside vendor will.
Here are real world examples of the Custom Order Collection
in action - including some you may have encountered yourself.
How To Do It -
There are tens of thousands of great products that can be enormously
- but infrequently - useful in your organization's marketing
programs. This is where you can go well beyond tried and true
Staple Goods - your Custom Order product line really needs to
be a collection of unique items - probably several dozen. Remember
to include items that range from the freebie price range to
the upscale price range.
Partnership -
Don't even consider establishing a Double-Tier Inventory Program
unless you are in a solid relationship with an expert product
sourcing and development agency. A really experienced agency
can open all sorts of product doors for you - yet remain completely
grounded in the principles of effective brand management. Working
together, here
are steps you will be taking.
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