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<h3><strong>Suppose you have product ranges around10,000 items of different types</strong></h3>
Good Day!!!
Agreed to Mr. Hashmi......... Generally the management can:
1- Increase the product line (enter into the new market segment)
2- Create & execute new services which appeal to customers, e.g., Loyalty cards or promotions etc.
3- Provide an outstanding level of customer service that your competitor cant offord easily.
Before opening up any new business we have to do SWOT Analysis
See Strength of your buisness
Look into weakness of your business comapred to competitor's
Evaluate what are Opportunities Avaliable
Consider what could be the likmely threats to your business
AGREED WITH MR.ALAMGIR HASHMI,,,,
Always follow their strategies copy them and advance,donot waist time in what we call price wars,conserve your energy in retaining your customers and attract new customers,use social media,customer loyalty programs....etc.
Agreed with the answer given by Mr :. Hashmi
Know any types of product will put him in this region The values of the right price for this area Learn about the culture of the region You must know what kind will address whether a man or a woman and a child or a boy
Focus in building CRM and effective Customer Service
diversify and focus on promotions.
