April 26, 2010
Down on the Farm
Peter O’ Newell, CEO
1455 Blackhills Rd.
Aurora, CO 80010
RE: Business relationship
Executive Summary:
TempRest is one of the fastest growing bed manufacturers in the Western US. TempRest has copyrighted technology and subsequently is the only player in the temperature controlled bed market. Down on the Farm is the fastest growing down comforter retailer in the bedding industry.
Proposal: Form a limited partnership by sharing in advertising costs, utilizing same PR firm and selling /promoting one another’s product.
Dear Peter,
My name is Gabe Hampton and I represent TempRest Inc. The purpose of this letter to propose a mutually beneficial limited partnership between TempRest and Down on the Farm. As the only player in the temperature controlled bed industry we are seeking a bedding manufacturer partner. TempRest was the third highest grossing of all bed manufacturers in 2009 and is projected to be in the top two in 2010. In this market additional exposure is paramount. By advertising one another’s product simultaneously with our own we both gain double the exposure for half the advertising cost. By utilizing the same PR firm we will have a mutual understanding of our publics and have the ability to correlate our goals and information more efficiently. We have chosen to contact Down on the Farm because we feel our companies share similar values and both companies have vast potential. Thank you for your attention on this matter and I look forward to hearing from you shortly.
Sincerely,
Gabe Hampton
VP Marketing
TempRest, Inc.
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good job gabe. I think that is a good company to work with. I like how you mentioned that by partnering up it will help them and you.
ReplyDeleteThis looks great, I like the good facts you have about the company in it!
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