Hello Professor and ClassmatesWhat have you learned from the Tio case to help yo

Hello Professor and ClassmatesWhat have you learned from the Tio case to help you develop strong partnerships in the future? What Cloud9Hookahz learned from the Tio case is that partnership is necessary for growth especially when the partner have more experience in product development, costing, sourcing, marketing, and distribution. A strategic relationship entails gaining access to new consumers, as well as the potential for free advertising. This is a very successful marketing technique that allows the company to reach twice as many people. Another essential outcome of a collaboration is the development and expansion of brand awareness. Getting out there and letting people know who you are is the most important thing you can do for your small company. People are more likely to be exposed to your logo and other branding when you collaborate with other organizations or influencers, resulting in organic interest.Who are your Key Partners? Why?Cloud9Hookahz key partners are event promoters because they have good understanding of marketing techniques and utilize them to draw greater attention to an event, which may assist by increasing attendance. An event promoter can assist Cloud9Hookahz by targeting demographics and developing marketing tactics to reach them. Who are your Key Suppliers? Why? The company key suppliers are Starbuzz, Fantasia, Al Fakher because they have the best flavored tobacco. Starbuzz Carbine Hookah never ceases to enthrall with its exquisitely designed hookahs and hookah supplies, which are rapidly gaining traction in the market. Cloud9Hookahz will utilize Costco to buy alcohol and other supplies for the mobile bar.Resources:JWI575 (2021) Week 8 Lecture Notes,
JWI 575. 2021. Week 4. Tio Gazpacho Business Case Video. Retrieved from https://blackboard.strayer.edu/webapps/blackboard/content/
JWI 575. 2021. Week 8. Tio Gazpacho Business Case Video. Retrieved from https://blackboard.strayer.edu/webapps/blackboard/content/
Requirements: Respond to a classmate discussion question   |   .doc file