Question

What type serduct integration products could a new liquor store offer? The question says show how...

What type serduct integration products could a new liquor store offer?
The question says show how you can expand your product offerings by building services around your products?
The product is a new liquor store

Homework Answers

Answer #1

New liquor store can offer Serducts as a main tool for increasing their overall profits. Serduct can be described as a product that is accompanied by a service which directly increases its value in the respective environment.

New liquor store can provide these serducts at an initial stage.

  • Liquor store can provide premium liquid preparation package
  • Availability of inhouse bar which uses your chosen liquor.
  • Self labelled and speciality wines.
  • Liquor purchase assistance and export recommendations.

Adding above Serducts in the product range of a new liquor store can increase that I will services provided around products that would provide extensive level support to the overall revenue generation.

P.S.- please leave a comment if any explanation is needed.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Question 16 This type of system is a hallmark on the Lean enterprise. Products and services...
Question 16 This type of system is a hallmark on the Lean enterprise. Products and services are handled this way rather than being pushed through from previous process without any relationship to consumption by subsequent process or the consumer. What is ________________________? Question 17 This type of diagram of the physical layout of the work area documents the flow of physical movement by people or material through the process. What is ________________________? Question 18 Any process, product or service that...
Could you show me the steps on how this is completed? A pizza store claims they...
Could you show me the steps on how this is completed? A pizza store claims they will deliver your pizza in no more than 20 minutes. I don’t believe this is true. I found 7 people who recorded the time it takes for a pizza to get delivered. The average time was 22.7 minutes with a standard deviation of 4.3 minutes. Perform a hypothesis test assuming the population distribution is normal using a 0.05 level of significance to see if...
Solve this question...show your work and how you figured it out A new start-up business will...
Solve this question...show your work and how you figured it out A new start-up business will have fixed costs of $750,000 per year. It plans on selling one product that will have a variable cost of $20 per unit. What is the product’s selling price to break even?
You have been approached by a potential client who could bring you considerable business. She says,...
You have been approached by a potential client who could bring you considerable business. She says, "I'd like to find an alternative vendor for my future orders of 5,000/yr., but their pricing must be competitive." Your CFO has supplied you with the following information. Current product standard costs are as follows: Selling price per unit: $5,000 $1,400/unit direct material $400/unit direct labor $200/unit variable overhead $200/unit fixed overhead (this figure is the result of the budgeted fixed overhead of $2,000,000...
Suppose you manage a local grocery store, and you learn that a very popular national grocery...
Suppose you manage a local grocery store, and you learn that a very popular national grocery chain is about to open a store just a few miles away. Use the model of monopolistic competition to analyze the impact of this new store on the quantity of output your store should produce (Q) and the price your store should charge (P). What will happen to your profits? Please show graphically and explain your reasoning in detail. For example, how and why...
summaries the following in your own words : 5. Horizontal Integration Horizontal integration is the range...
summaries the following in your own words : 5. Horizontal Integration Horizontal integration is the range of product and service segments that a firm serves within its market. A company who wants to expand its horizontal scope has an opportunity to do that through mergers and acquisitions. A merger is combining two or more companies into a single corporate entity, with the newly created company often taking on a new name. An acquisition is a combination in which one company,...
You are considering adding a new food product to your store for resale. You are certain...
You are considering adding a new food product to your store for resale. You are certain that, in a month, minimum demand for the product will be 6 units, while maximum demand will be 8 units. (Unfortunately, the new product has a one-month shelf life and is considered to be waste at the end of the month.) You will pay $60/unit for this new product while you plan to sell the product at a $40/unit profit. The estimated demand for...
You are a member of multitalented team consisting of majors in psychology, finance, computer science and engineering.
You are a member of multitalented team consisting of majors in psychology, finance, computer science and engineering. Senior management team of one of the local FinTech start up approaches you for advice regarding their strategic position as well as potential technology to use going forward. The FinTech is looking to offer investment solutions to millennials via an online platform and are in the final approval process from ASIC to receive their licensing. What is your advice?Select one:a. Improve website and...
when you start fighting offf a brand new oathogen, what antibody will show up first? what...
when you start fighting offf a brand new oathogen, what antibody will show up first? what antinody type is part of your level one defenses? which antigen can attach to most antigens at once? how many amino acid chains make up the most common antibody?
Andrew has decided to open an online store that sells home and garden products. After searching...
Andrew has decided to open an online store that sells home and garden products. After searching around, he chooses the software company Initech to provide the software for his website since their product required the least amount of specialized investments for him to use it. They agreed upon price of $5,000. To use Initech’s software, Andrew makes $2,000 in sunk capital investments and spends 60 hours learning how to use Initech’s software, which is very different from other software packages....