100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Unit 29 - Understanding Retailing D1 $3.87
Add to cart

Essay

Unit 29 - Understanding Retailing D1

 108 views  0 purchase
  • Course
  • Institution

level 3 business extended diploma Unit 29 - Understanding Retailing D1

Preview 1 out of 3  pages

  • June 13, 2018
  • 3
  • 2017/2018
  • Essay
  • Unknown
  • Unknown
avatar-seller
Emmanuel Appiagyei Unit 29-Understanding Retail D1 Teacher: Jaswinder



The Distributon of goods and Services D1
In this assignment I will select one of my products I chose earlier and will write a
report evaluating the distribution systems used by a retailer in delivering the
product. The product I am going to use is jeans and the business I am going to
use is Armani.

Info on Armani
Giorgio Armani is an Italian fashion house founded by Giorgio Armani in 1975 and
designs, manufactures, distributes and retails haute couture, ready-to-wear, leather
goods, shoes, watches, jewelry, accessories, eyewear, cosmetics and home interiors. The
brand markets these products under several labels, including Giorgio Armani, Armani
Collezioni, Emporio Armani, AJ | Armani Jeans, AX | Armani Exchange, Armani Junior and
Armani/Casa. The brand utilizes the association of the Armani name with high-fashion,
benefiting from its prestige in the fashion industry and has revenue of 1.8 billion.

Responsiveness to customer needs
Advantages

With faster distribution methods such as air and train transports Armani will be able to
respond to customers’ needs much faster and more efciently. An example of this is
when Armani’s retailers or other businesses need stock as soon as possible in seasonal
business cycles like summer or Christmas Armani will be able to respond to customer
needs by using the air transport method to quickly get the jeans to their stores and
customers. Armani will implant tracking devices with the stock they sent to their
customers allow both Armani and customer know where the products currently are and
estimate the delivery time on its arrival.

Disadvantages

The disadvantage of this issue is that customers’ needs constantly change and Armani
might not be able to respond quick enough to combat these changing needs example if
Armani makes new jeans that were supposed to be a an upgrade from the current ones
and didn’t meet customers’ needs the jeans won’t sell meaning they have wasted money
on production and delivery process. Another disadvantage of this is that the economy
can highly afect customers’ needs, an example of this is the recession stage of the
business cycle when businesses tend to make cuts to survive making people unemployed
and making every pound stretch. Resulting to the jeans having to be sold at losses, even
then customers will still get their jeans elsewhere from grey markets or individuals that
sell counterfeits.

To improve upon this issue Armani is currently facing they need to consider making
cheaper versions of jeans that can still generate income in time of recession and also
allowing customers to design their own jeans on its websites.




Cost efectiveness

Advantages

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller goretex. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $3.87. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

52510 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$3.87
  • (0)
Add to cart
Added