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How should we Increase sales in existing markets?

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Question ajoutée par Maalik Muhamed , Deputy Mill Manager , AZANIA GROUP OF COMPANYS
Date de publication: 2014/04/18
asif khan
par asif khan , Installation and maintenance head , International technical support

proper marketing of your products, provide new offers, look after your customer service properly , keep your products up to date doing all that might increase it.

Ramendra Sunder Sinha PMP
par Ramendra Sunder Sinha PMP , DGM Planning , Gaur Sons Limited

Existing markets means competition and increasing sales in such markets is a challenging and complex task which requires meticulously planned strategies and aggressive implementation of plans.

In my opinion, take up the4 Ps of Marketing and develop your strategy base upon which you execute the plans aggressively.

Actions in sequence -

Develop Strategy, Plan, Change if required and Implement.  

1)  Product. (Latest technology, Models, Choice of products and their availability on spot, etc.)

2)  Price (Discounts, Offers, etc.)

3)  Place (More Sales Outlets, Accessibility to Target Customers, Display & visibility, Distribution Network & Density, etc.)

4)  Promotion (Advertisements, Dealer Commissions & support,  Money back Guarantees, extended warranty & after sales support, post sales customer feedbacks etc.)    

bijo thomas
par bijo thomas , Business Development Manager , Three Lines Shiping LLC

by giving better service and make them satisfied

Abdel Fattah Ibrahim
par Abdel Fattah Ibrahim , CDT Director , Colgate Palmolive

 

1-      Check market size and your market share to know your growth potential

 

2-      Review your marketing plan and take the corrective measures

 

3-      Review distribution both vertical and horizontal

 

4-      Check your team workload, coverage and routes

 

5-      Revise your sales strategy accordingly

 

Menerva Melad
par Menerva Melad , Account Executive, Key Accounts , Graphic Home Company

Develop Strategy, Plan, Change if required and Implement.  

1)  Product. (Latest technology, Models, Choice of products and their availability on spot, etc.)

2)  Price (Discounts, Offers, etc.)

3)  Place (More Sales Outlets, Accessibility to Target Customers, Display & visibility, Distribution Network & Density, etc.)

4)  Promotion (Advertisements, Dealer Commissions & support,  Money back Guarantees, extended warranty & after sales support, post sales customer feedbacks etc.)   

Utilisateur supprimé
par Utilisateur supprimé

In Practical you would require :

A) Price Policy : Seasonal and Off seasonal

B) Proper Advertisement

C) Excellent CRM

Rest all things shall be easy.

Divyesh Patel
par Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

  1. Use your CRM system to increase sales

  2. Target your existing customers

  3. Review the Four P's

  4. Increase Customer Contact

  5. Segment the Market

  6. Review Distribution Channels

  7. Test New Media

 

Saiful Islam Hiron
par Saiful Islam Hiron , Site HR Manager , Handicap International

1. Advertisement in different sources as websites and newspaper etc.

2. Offer discounts on price.

3. Invite clients or customers to introduce new products and services.

4. Offer high quality goods lower price.

5. Recruits more sales persons for better communication directly.

Mohammad Tohamy Hussein Hussein
par Mohammad Tohamy Hussein Hussein , Chief Executive Officer & ERP Architect , Egyptian Software Group

By identifying a sustainable competitive advantage for your product(s)/service(s) in the target markets.

zafar abbas minhas
par zafar abbas minhas , Freelance Writer , DAILY MASHRAQ

FOCUS YOUR CUSTOMER LIST AGAIN,,,,20% CUSTOMERS GIVE US80% SALES,, SO GIVE MORE PROPER , EXTRA, SALES ORIENTED ATTENTION TO THOSE, YOU WILL GET BETTER RESULTS.

Marlowie Hatulan
par Marlowie Hatulan , Banquet Manager , Radisson Blu Hotel

Focus on getting feedback on your loyal customers in order maintain and exceed their expectations.

Recover list of in-active companies and individuals who have been part of your success in the past. Make any means to communicate to them if you're incapable of visiting them. Evaluate their past experiences and update them with your current organization and services. Offer assistance for future bookings.

Nowadays, if you're opt for a new client or currently dealing with, make necessary reviews on your current offers. It must competitive enough to compare within or amongst  your competitors.

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