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Suppose you are a vendor of new product in competitive market in where many similar products are available. How you will sell more than other vendor?

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Question added by Anwar Hossain , Relationship Officer (Officer Grade-I) , BRAC Bank Limited
Date Posted: 2015/06/26
Nasir Hussain
by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

Promote your product better than your competitors

Offer your customers, better customer services

Offer your customers, better discounts

Muhammad Adeel
by Muhammad Adeel , Sales And Marketing Executive , TANZEEM HEAVY EQUIPMENT RENTAL LLC

When the products are similar then your success depends on your product quality, its price and marketing strategy.  

Provide your client with credit facilities!

Wessam Hassan
by Wessam Hassan , Head of Specifications / Sales manager at Legrand KSA , Legrand

1- Identifying the market type (Economic - High specs -  Super Eco - Branding,...etc).

2- Concentrate on the market requirements.

3- Prepare a well known strong distributor with a qualified team and attractive branches.

4- Launching promotions + Special offers + marketing tools.

Md Fazlur Rahman
by Md Fazlur Rahman , Procurement Specialist , Engineering and Planning Consultants Ltd

  • Adopt a new marketing and branding strategy for the product
  • Clearly  emphasize  the benefits of the product to the customers.
  • Introduce a free gift  for the customers whoever buys the product for easy 

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