How to increase the sales volume of any Product in the
market.
Answers were Sorted based on User's Feedback
Answer / deepa p patil.
Increase Sales In Techniques That Work
1: Use Content Marketing
With content marketing, there are a host of benefits
With content marketing, there are a host of benefits
• Pr-qualified leads
• Lower marketing costs
• Higher conversion rates
• Higher customer satisfaction
• Lower customer acquisition rates
2: Use Up sells Effectively
3: Create a Product Which Has Demand
This is a no brainer. Understand what your customer
really wants. Is there some product already in the market
that delivers the solution to your prospective customer? If
not, provide it!!!
4: Clever Pricing Is the Key
You may have a wonderful product everyone needs.
However, if you price it insanely high compared to your
competitor, you are going to find it hard to make decent
sales (unless you are Apple).
5 strategies to price your product
1. Do market research and understand your competitor
pricing. With this data in-hand, either develop a product
with lot more features and charge more, or develop the same
quality product and price it lower
2. High price can provide a sense of “high quality” since
people have a deep rooted notion that higher the price,
better the quality. If you price high, be prepared to
deliver what your customer expects to get
3. Similar to point #2, a lower price can indicate inferior
quality. The best way is to charge higher prices by
providing more value to your customer
4. Price of a product is directly proportional to “perceived
value”. If you can make you product seem superior to your
competitor, you can charge a premium over your competitor
5. Price is again proportional to perceived brand value. If
you have a brand value attached to your product, people will
more readily pay a higher price for your products or service
Final Takeaway: Your product is worth what your customer is
willing to pay for it..........................
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Answer / chandan kumar tiwari
If we talk about increasing sales volume in the market we need to meet no of customer,making relation in the market ,sku wise sales ,good distribution and also by covering market
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i am sumit did be and mba i was working with icici pru for 8 months now want tto switch out from insurance but find i difficults as interviewer as k u did b ein computers now working in insurance again u want to come out u have no stability and u stay fo very less time in a company.pls help me how ro handle this questions.
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I have worked for 2 months in Kotak Mahindra Bank and after that i have left Kotak without giving notice period. Now they give me letter for recovery of 6000. And i don't want to pay that amount then what the problem bank can create for me? Please Suggest..
0 Answers Kotak Mahindra Bank,
wat is marketing strategy?
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