1. Initial Introduction
Lance EC’s platform partners
We conduct due diligence and early introductions to learn about each other to learn about each other
2. Market Analysis
Based on first discussion, potential partner provides responses to key questions and initial e-commerce merchandising and investment plan
Lance EC conducts thorough analysis and provides first draft of operations plan
3. Strategic Alignment
Lance EC presents operations plan to potential partner and aligns overall e-commerce strategy
Partner reviews the plan and begins contract negotiation
4. Official Cooperation
Lance EC finalizes the operations plan
Partner and Lance EC sign mutually aligned contract and kickoff official cooperation
Lance EC creates full-time dedicated team for partner
Lance EC is in close contact with partner’s marketing and supply chain team to align merchandising planning and design of the e-commerce store
5. Platform Negotiations
Lance EC together with partner meets with platform senior management to align on strategy and merchandising planAll parties align on official launch date of store and investment resources required for successful launch
6.Store Launch
Partner’s e-commerce store goes live
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