How did you handle the recent financial crisis with customers?

by affordable prices,effective communication and by giving best quality at suitable prices otherwise you already defines it very well..Thanks for the invitation

By giving priorities to Customer retention measures by adopting appropriate strategies.  Agree with answers given by :  Mr. Divyesh Patel.

The recent global finance crisis felt throughout the world has had an impact on the spending patterns of consumers as well as businesses.

1. Getting in touch with regular customers with offers or pitches

2. Updating your marketing plan

3. Have specials

4. Introduce cheaper products

FULLY AGREED WITH PATEL,,,,,,,, I TRUST HIM AS BEST MONEY MATTERS HANDLER ,,,

I Agree with Mr. Divyesh Patel  and VENKITARAMAN KRISHNA MOORTHY VRINDAVAN

With the tool of marketing and sales "Special Promotions"

I agree with your analysis

Answer:

1.Extending credit with a proper due diligence.

2.Removing high interest paying loans.

3.Slow down the low profit yielding units or shutting down such units.

4.Review on manpower and reduce the unwanted staff.

5.Keep inventories on very marginal.

Regards,

Joshi Mathew

CIA #1036906

Agreed to all

Agree with sara naeem