306 Industries’ is a web-based organization that offers a list of products and services. Such as home improvement materials, hardware, and pro construction service. 306 Industries’ has operated as an online entity for five years which helped build working capital to invent a revolutionary product. Their unmatched ingenuity has created an opportunity to seek a well renowned retail chain in an effort to form synergies and loyalties. Woody the Inpickerator has prominently become the universal, home re-entry tool in the 21st century. 306 Industries’ designed Woody the inpickerator to ensure that people may gain access to their homes after being locked out. It is uniquely engineered to handle an array of settings given its exceptional ability to implement multiple tools into one …show more content…
Removes the step of prying open the window pane and possibly damaging the glass frame. D. The good of the product will only cease to add value to 306 Industries’ and The Home Depot’s consumer base by developing a solution to a long-lived problem, offering alternative methods to increase the effectiveness of the process, and empowering individuals to resolve their issue. Profitability Woody the Inpickerator is a record selling product, with respect to its special ability to generate an innumerable amount of profit on the internet. The next course of action for 306 Industries’ is to construct and implement a marketing plan that will form profitable synergies with The Home Depot. The expansion of Woody the Inpickerator will potentially increase sales revenue for both entities, which will be driven by these characteristics: A. Product’s capacity to provide a sense of exclusivity. Woody the Inpickerator is the only home re-entry product that will provide multiple features with a single mechanism. It forms an absolute advantage for The Home Depot. Creates a hallmark that carves an opportunity for The Home Depot to offer to their