Progress of Rolex Watches Company Sales - Essay Example

Work Completed
January 4: Proposal writing for sales research and evaluation of the Rolex luxury watches.
January 7: Formation of the sales research team and recruiting new enumerators and data entry clerks. Selected and evaluated the sample population and the potential cities for the research process.
January 10: Granted permission to carry out sales research for Rolex products in various cities.
January 12: The Rolex Company funded the sales research project with $4000.
January 20: Drafted and printed research questionnaires for the data collection process.
January 29: Began the data collection process in New York City among various watch distributors and sellers. Visited five luxury watch sellers in the city and collected sales information about the Rolex luxury watches.
Work in Progress
Collecting sales information of Rolex luxury watches through social network sites like Facebook, Twitter, Twoo, and MySpace.
Contracting famous luxury watches dealers and sellers through emails and telephones.
Collection of sales information about the sales level and trend of Rolex luxury watches from watch dealers and distributors in Washington D.C and Chicago.
Work to be completed
February 20: completing the data collection process in Chicago and Washington D.C.
February 24: Start the data entry and analysis process on the data collected in the Rolex luxury watches sales research.
February 27: completion of the analysis process and presenting the research findings to the top management of the Rolex Company.
Completion date: February 28, 2014.
Complications
The research process is facing several challenges. Read More