Examples include taking advantage of Next Day Air, Next Day Air Saver (Saturday Delivery), 2nd Day Air, 2nd Air A.M., Worldwide Express Plus, and Worldwide Express. These services are all based upon what is the best for the business. UPS is capable of handling packages weighing up to 150 lbs. and not larger than 130 cubic inches. .
UPS can also insure packages up to $35,000. In addition, any order that is in process already has an insurance of $100.00. Additional insurance can be purchased for an extra $.35 per $100.00 of coverage. UPS also offers free tracking service on the Internet where a customer can track his or her item to see if it has reached its destination. .
The Prospective Company and Their Current Situation.
Background information on Electronics.com.
The prospecting company that we are profiling is Electronics.com. This company has been open for a little over three years. Mark Share and his life long friend Gideon Everlast started off this business with fewer than 2000 different products and now they are offering over 10,000 products. They are located in Las Vegas and are considered to be a small size business. Electronic.com sells DVD Players, CD players, digital cameras, home theater receivers, camcorders, other small electronics, and cables. The brands they carry are Toshiba, Sony, Pioneer, Panasonic, Harmon Kardon, amongst others. .
This company would be considered an upscale electronics company. The main types of customers they deal with are finically upper class. Therefore, their service is just as important as their product in order to keep up with receiving repeat purchases. UPS has received some shipping business from Electronics.com, but after doing research, we see that FedEx is getting most of their business. DHL has also received some business, but it was less than what UPS did.
Current Situation.
Currently Electronics.com business is prospering. They are a growing company that is looking to go global to try to reach markets; they feel would be step in the right direction.