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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1008 |
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Instead of having marketing campaigns for the large unfocused market they should focus on their target market and provide the offering that the consumers will be ready to pay for. By this stage they should have determined their customers and should just focus their resources on customers who they know will buy their product...
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By this stage they should have determined their customers and should just focus their resources on customers who they know will buy their product. They should provide these customers with good value as going behind new customers can be costly and can also result in waste of resources and money.
Slowly move to profitable store locations: A market which is saturated or reaching saturated has lots of competitors and slowly market share In these areas start decreasing it is very necessary for the retailers to move to locations where profit margin is higher and has better chance to have a larger market share...
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