Discuss the recent product launch of a new smart-watch

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Reference no: EM133950094

Assignment:

A staff meeting has just taken place involving eight employees in a small electronics and gadgets store to discuss the recent product launch of a new smart-watch, which is currently on sale for $449. The aim of the meeting was to talk through sales figures and gain feedback from the sales personnel to understand the feelings of customers. The store manager, Harvey, is away on annual leave and unable to attend.

The assistant store manager, Alicia, shares the following details with the employees:

In the first two weeks of sales, a total of thirty-five watches have been sold in store (thirteen in the first weeks and twenty-two in the second). Three watches have been placed on hold after order being placed over the phone. After an initial order of 50 items from the manufacturer, a further order of 75 items has been placed.

The following is a summary of the information provided by the sales employees:

A number of customers have heard about the product launch through word of mouth but have seen little in terms of store promotion. A number of customers placed an interest in the smart-watch but could not currently afford it. Of those that expressed an interest in the product, three people claimed that they would purchase the product if a payment plan could be put in place.

You consider yourself in the position of Alicia, who is the assistance store manager and prepare some notes based on the given questions below:

Please answer ALL questions

  1. How will you invite meeting participants, draft a brief invitation letter/email.
  2. Prepare a meeting agenda. It should include, meeting purpose, participants, absent individuals and an estimate of timings. Please use appropriate template.
  3. Imagine you have conducted the meeting, taking the position of Alicia; at the end of the meeting, draw a meeting conclusion regarding possible future sales approaches.

Reference no: EM133950094

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