The document is a business plan for introducing the audio brand Sennheiser to the Brazilian retail market. It provides an overview of Link do Brasil, an existing value-added distributor in Brazil, and analyzes the major retail channels in Brazil including hypermarkets, department stores, specialty stores, and e-commerce. It then outlines a go-to-market strategy for Sennheiser that leverages Link do Brasil's distribution network, sales team, customer support and focuses on product, price, promotion and distribution.