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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