In this case study, we share how we were contracted by a wine label to assist in the restructure of the business. We assisted with licensing changes, marketing and business plans, compliance, and the distribution channels for the product. This was a "Stealth Management" service because the client enlisted PrimeTyme to completely redesign the business structure. In less than six months, we completed the restructuring process and had moved on to management referrals and fulfillment channels. The company started seeing profits immediately and the bookkeeping reflected an immediate 50% increase in profits within our initial assumed role as 'managers' for the wine label. The company is now being serviced by one of our service affiliates for ongoing management, fulfillment, and new products; additionally, PrimeTyme has been retained to provide long-term strategic and planning services.
Licensing: Worked directly with the compliance company and state licensing agencies concerning the wine label.
Distribution: Redesigned the distribution channels including packaging and securing shipping company accounts.
Marketing: Interviewed and retained marketing professionals to handle the outreach and materials according to the marketing plan for the company.
Management: Interviewed and retained industry specific management company to assist with the daily and special events for the wine label.
Compliance: Ensured that each aspect of the business was operating according to State and Federal guidelines and retained a compliance expert to provide services as needed for the label.
Website: Updated the licensing for the website and monitors the activity and online store.
Physical Location: Secured a physical location for the point of contact for the business and product distribution.
Records: Set-up cloud-based and physical document storage for the business.
Corporation: Worked with the legal team concerning the legal structure of the business.
Partnerships: Developed new partnerships specifically for the wine label that will assist in future developments and products.
Next Level Marketing: A primary feature of PrimeTyme Management Solutions is the ability to provide next level marketing strategies. In our redesign, we positioned the wine label to stand separate from competitors to develop a solid niche in the market. This integration of various services allowed the company to immediately see profits and meet the demand of the clients.