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faust18 [17]
3 years ago
8

What ways you could use to increase market share

Business
1 answer:
Lady bird [3.3K]3 years ago
6 0

Market share can be increased with better customer relationship, innovation and acquisition of competition business.

<u>Explanation:</u>

The business organisation should increase their engagement with customers such as loyalty program which helps to increase the number of returning customers. The price of the product or service have to be fixed in order to provide added value to the customers through this way the business can stay ahead of the competitors.

Niche marketing can be done to increase the market share of the business. Brand positioning is an important step to increase market share. When customers are familiar with the brand they buy from that brand.

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Sharice is participating in a financial-management webinar in which the speaker is using unfamiliar terms and jargon, so Sharice
DedPeter [7]

Answer:

d. understanding

Explanation:

In communication when people share information the different parties go through the following stages in order: hearing, understanding, and responding.

In the given scenario the speaker is using unfamiliar terms and jargon, so Sharice asks the speaker to clarify the meaning of what he is saying.

She is trying to understand what the speaker is saying

6 0
3 years ago
What is customer service and why it important​
Shtirlitz [24]

Answer:

is the fact of taking care of the customer's needs by providing and delivering professional, helpful, high quality service and assistance before, during, and after the customer's requirements are met

Increase the amount of money each customer spends with your business. Increase how often a customer buys from you.

4 0
2 years ago
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Natali [406]
As part of the process, the HR department's first step should be to identify that the sales representatives need technical training. It was said in the statement above that most of the new workers have a poor performance although they have a vast experience in sales. Most probably, it would be because they are unfamiliar with the products of the said company and they would lack the technical knowledge needed to do their job well. As an HR staff, you should be able to see that these employees would need some kind of training and education about the products of the company.
6 0
3 years ago
What is the difference between a shortage and scarcity?
velikii [3]
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7 0
2 years ago
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DIV 1 = dividend to be paid next year 

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In the problem, the estimated dividend to be paid next year is $1.50. The market price is $18.50 and the growth rate is 4%. 

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