Companies use a variety of methods to improve the sales of their products. What are those methods? What is the most effective method?
Many organisations use various different techniques to maximise their sales.
First
, this
essay will discuss the different methods for the same. Next
, it will talk about the most efficient way.
To begin
with, a lot of companies these days use a variety of ways to increase their sale
these include advertising, surveys, interviews, sample tests for customers and SWOT analysis. The marketing teams of these companies come up with great ideas like buy 1 get 1 free offer’s or 50% discounts. These attract more public and help the organisations gain profit. One of the best examples of gaining the consumers trust and having increased profit is Suggestion
sales
lulu
hypermarket and Suggestion
Lulu
departmental
stores, most of its sales comes from the middle east and other Asian countries. Lulu puts every Friday sales and especially on big holidays like Christmas, they sometimes sell in half of the original price which is why half of the gulf shops from there. Forbes magazine has declared Suggestion
department
this
store as the most earning store in Asia. An article in Forbes also
wrote that due to its effective techniques, lulu
has gained a huge reputation in Asia, which is one the main reasons of its profitable growths.
Suggestion
Lulu
Secondly
, due to a lot of competition in the market, the industries have to be very careful and use extremely workable mesures
to increase their sales. The most effective form of improvement is advertising. It attracts a lot of people in the market. Advertising through television, radio, hoardings, brochures and in flight are very useful. The more people determine the measurements of something or somebody, take measurements of
measures
see the
more they will want to purchase the Accept comma addition
see, the
product
. Brand name also
effects this
the most. In an interview with BBC world, Steve Jobs told
that the main aim of being the one previously mentioned or spoken of
said
apple
was that people see what their earnest or urgent request
appeal
product
is about. In a survey conducted by BBC
, it was found that apple smartphones were the most sold phones surpassing Samsung because of their advertising, while launching the Suggestion
the BBC
product
, Steve describes the features and the changes of it and it is uploaded live so that people can see. During the launch of iphone
X on apple’s anniversary special, it received at least 1 billion views. Even though the Suggestion
iPhone
product
is really expensive, it was the most sold phone in 2018, according to BBC
.
In conclusion, it is really important for industries to focus on their methods of selling products because Suggestion
the BBC
this
enhances the profits and the growth aspects of the company. In my opinion, the staff and the team itself should focus on the consumers and find out the what they like so that they can serve the same to them.Submitted by namraimran on
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