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Please Help With This Urgent Question by Temmy5555: 4:51pm On Mar 17, 2016 |
After discount on products to attract customers, sales rate remain below expectation. As a Sales Associate, BRIEFLY explain the strategy to address the issue, increase revenue and profitability. |
Re: Please Help With This Urgent Question by SUPERPACK: 5:06pm On Mar 17, 2016 |
Temmy5555:is this a waec question or what? |
Re: Please Help With This Urgent Question by Nobody: 9:49pm On Mar 17, 2016 |
In my opinion, there are numerous factors that drive sales, examples are Quality of the product, Location of industry, Company's goodwill( in terms of brand name), effective and efficient marketing amongst other things. A discount on a product will not have a tangible effect on sales if the firm has a bad reputation or produces low quality products for example. Based on my above presumptions, i'll say since there are numerous factors that causes increase/decrease in sales, a team should be set up to carry a research to identify where the problem lies. Albeit, if i was to give an opinion, i'll say the firm should market its product efficiently because people don't buy content, they buy the idea of what you have to offer. 1 Like |
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