Provide a detailed description of your product assortment

Question

Assignment Objective:

The purpose of the Retail Shopify Projectis to have student teams (3 per team) apply their course learnings by designing, merchandising, managing and promoting an ecommerce retail location.

The comprehensive project willalso help each team gain an appreciation for the various sources of information required to successfully develop or source product for their website, select colour and/or style variations, evaluate pricing strategies and maintain sufficient inventory levels to ensure complete customer satisfaction.

Part 1) The Website

o Provide a detailed descriptive of the website and it's objectives

Part 2) Product Assortment

o Provide a detailed description of your product assortment and explain your price point strategies and how they connect with your target groups

Part 3) Inventory System evaluation

o Evaluate the product movement through your Inventory System maintenanceover the next few weeks. How often were products purchased? Were you out of a specific colour/size, etc. How would you change the management of your Inventory System?

o How much product did you sell over the past few weeks, by item/size? (During class time, each student will have time to visit your website and make purchases) You will need to track and evaluate these purchases

Answer 1

For this Assignment Objective have a description of all questions you would complete the all assessment of questions The reason of the Retail Shopify Projectis to have student teams (3 per team) applies their course learning via designing, merchandising, managing and promoting an ecommerce retail location. The comprehensive project will as well assist each team increase an appreciation for the diverse sources of information needed to successfully expand or source product for their website, choose colour and/or style variations, estimate pricing strategies and maintain sufficient inventory levels to ensure complete customer satisfaction. Part 1) The Website o Give a detailed descriptive of the website and it's objectives Part 2) Product Assortment o Give a detailed explanation of your product assortment and clarify your price point strategies and how they join through your target groups