Friday, May 3, 2019
A market follower company Essay Example | Topics and Well Written Essays - 500 words
A market follower company - endeavor ExampleThey with the passage time become market strugglers. It is therefore imperative for all the firms in the competitory market environment to make sure they design an appropriate system which is in a thoroughgoing(a) fit the external and internal environments of a company so that no conflicts occur in the firms line of credit operations and smooth business operations are conducted.The marketing strategy that we kindle adopt is by increasing the frequency by which people use our product. This cease be done by both making it convenient for the consumers to use the product or by encouraging people to use it more(prenominal)(prenominal) often. This can be done by making a more tempting ad rill in which people are asked to use the product more often. Another important thing that can be done to encourage people to use it more often is by telling the consumer that it what they need. Similarly, more persuasive ad making can be done for temp ting the consumers. Another marketing strategy could be offering promotional discount that is if the product is bough frequently a certain percentage of discounts can be given. This will encourage people and target consumers to buy the product more often, the one formula in which our country is lagging behind.
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