Not only INS every company will follow their roadmap after completion of the ICO, otherwise, we cannot able to increase the price of INS, let's them work in this bearish mode and once the market starts recovering we can able to see the real price of INS.
I really am impressed with the idea and concept and have invested a small amount, but what I would like to know from the Developers is how INS will likely influence the retailers position in the market place? For example if I can purchase XXX product from a Supermarket for say $20 but from INS through the manufacturer or supplier for only $14, obviously I am going to go with the cheaper option, but how will this affect the relationship between Supplier and retailer if the supplier is seen to be undercutting the retailer, wouldn't the retailer then dump the supplier for another one who is not undercutting them?
Interested to hear what strategies are in place for the above mentioned scenario.
The reason I asked the original question was that I could not see that point addressed in the Whitepaper, and clearly you have not given it much time either, which is a little disappointing considering the fact that you have had plenty of time to think of that potential scenario or obstacle.
Did you do a SWAT analysis or Viability Assessment and look for threats or weaknesses when you were spit-balling the finer details?
I expected (was actually hoping as I am invested in INS) that you would come back with a pre-discussed remedy or plan regarding the infiltration of suppliers while at the same time making sure their retail customers do not suffer. Something along the lines of for every INS intiated sale by the supplier/manufacturer direct to the public the retailer will receive xxx INS as compensation or a rebate from the supplier, or other benefit.
You have to keep both sides happy man so I hope you guys come up with a plan for doing so, the concept is great and I think it could be very big one-day, but your main obstacle from my POV is going to be retailers and their relationships with their providers. I hope I am wrong and am happy to be proved wrong about this but unless I am misisng something, I don't know.....
Manufacturers are ready to try new ways of interacting with customers, moreover many of them want to implement it and think about it for long time.
They can save big promotion budgets. Grocery manufacturers spend up to 17% of their sales on trade promotions. Trade promotions comprise a growing category of manufacturer expenses directed to wholesale and retail distributors rather than to consumers.
They will have the ability to direct interaction with consumers which is extremely valuable today to know more about their buyers preferences.
Mostly we focused on manufactrer's advantages from working with us in WP.
Also please check the footnotes links in the whitepaper for some researches and reports about food retail market. That's the real numbers that helps us to make decisions and of course founder's food retail and consulting experience as well.
