White Fox Ventures's Comment on Sales, Marketing and Customers
In launching E-Cigarette lines, the Company must be able to coordinate procuring
the Component Parts, manufacturing the product, packaging the product, storage,
distribution and order processing. The Company has been in discussions with a
Canadian-based and Chinese based manufacturer who will produce the pen devices.
The Company has been in discussions with a U.S. based manufacturer who will produce
the e-liquids and who will also fill the cartridges with the e-liquids, which
in turn will allow all of the Company’s consumables to be U.S. oriented.
Therefore, after the pen devices are manufactured overseas, the e-liquid filled
cartridges will be inserted in the U.S. and ready for distribution.
The Company has been in discussions with a distribution center and warehouse located
in Knoxville, TN who will procure the component goods from the manufacturers and
other suppliers, package the Company’s products for distribution, manage
purchase orders and the electronic data interchange.
Additionally, the distribution partner, under the supervision of the Company’s
leadership, will be responsible for negotiate pricing and payment terms with suppliers,
manufacture and package the products and coordinate payment to the suppliers.
Finally, the Company’s experienced leadership team will be responsible for
all component costs, transportation, assembly costs and a management fee paid
to the Distribution and Manufacturer.
The Company is developing unique and distinct brands for its E-cigarette Products
for purposes of marketing and selling such branded E-cigarette Products, initially
in North America, China, Africa, and Europe, through retail and wholesale distribution
channels, including convenience stores, retail chains, wholesale trade, pharmacies,
gas stations, hotels, industrial customers, clubs, casinos and duty free stores.
In addition, the Company intends to enter into exclusive agreements with various
distributors providing them with exclusivity on certain brands of Product in
defined territories and markets worldwide.
Sources:
White Fox Ventures, Inc.’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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