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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.
Getting in touch with regular customers with offers or pitches
Updating your marketing plan
Have specials
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"
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
Agree with sara naeem