The consumers will benefit by obtaining the quality goods Kudler provides as well as customized promotions based on personal shopping patterns. Tracking the shopping patterns of the customers will help develop a marketing strategy for Kudler. This strategy will allow Kudler to offer certain products at times when an increase in demand has been determined by shopping trends. Kudler will also benefit from this program with an increase in revenue and a more stream lined business process. This program will keep track of individual customers purchasing behaviors, which will allow Kudler to know how much of a certain product to stock.
KFF should research the market to find the needs of the customers. Big companies could be the perfect place to start the research like what kind of orders they place and when they order. Other sort of information could be found in the census reports like type and age of population, income, religion, education, occupation will help decide the needs of other consumers. This will help narrow down requirements for catering business. If the population is young then may be more wedding parties, bachelor parties, Halloween parties or if the population is older then more of formal parties in the gardens and vineyards.
A local business that I visit frequently is Sincerely Yours. Sincerely Yours is a locally owned and operated shop that offers gifts, paper products, cards, and so much more. One of the main components of this store is the quality products that they offer to the consumers. The owner of the store talks with the shoppers to find out if there is anything that someone is looking for specifically and will do her best to get that particular product or something similar or close to it. The owner will use her resources in order to supply the shoppers with products that are popular or a brand that is being requested.
They will regular have special offers on within stores around the country also. Tesco’s sales promotions are the Clubcard points and school tokens. The Clubcard points try to make shopping better for their customers. This type of promotional technique attracts the customer who is looking for discounts and other types of saving options. The school tokens are a good sales promotion because to get this sales promotion you have to buy products from the store to a certain price.
The client also mentioned the issue of partnership and the selling of stock in order to expand the company. With the company as a C-corporation investors would be more assured to invest in order to expand and open another factory. The clients plan of having family members as investors and sit on the board of directors may not go as planned especially if there are non-family member shareholders. Due to the growth of the company it is highly recommended that the business be incorporated as soon as possible in order to protect the owner’s assets and begin the process of
A benefit concert is another form of fund raising. Local bands could play for a benefit concert. Any proceeds from the concert would go to the organization. A book signing by a famous author for donations is another great fund raising idea to help the organization. Auctions can be a good fund raiser where the public donates items for the auction.
The staffs interact with the customers in variety of ways such as teaching, advice or just listening to the needs of the customers. The library provides more of a service then products so the workers must know the needs of the customers and respond to this in order to do this the workers must know what they are talking about to avoid giving false information to customers. City council library is a government funded business this impacts the business very largely in a positive way because government funding allows the library to get all the goods it needs to provide an excellent service. UNIT 1 - P2 Businesses have two different types of stakeholders internal and external. Internal stakeholder is groups of people with in the business such as owners and workers, external stakeholders are groups outside the business like the local people or government In this table below I will list down different internal and external stake holders and their influence in the
A business can perform the research itself for an extremely less expenses. There are different ways for us to conduct primary research as I mentioned above. The use of survey and feedback forms is a great way of collecting information about our customers. Before creating survey questions, it is needed for us to organize for research questions, to explain what business targets our survey will deal with. Survey questions should be planned to meet the goals of our research.
Whether it is friends or people outside of the company people will learn about positions. Individuals from insurance companies and even private agents talk and know one another so word of mouth can be quite an effective recruitment strategy for a company. AAA Insurance also recruits by using technology, they post their job openings on job sites to locate and place experienced and professional employees. The insurance field is very diverse and widespread and technology will enable employers to narrow down efficient candidates for specific
The experience of viewing this piece compelled me to go home and do some research on these distinct pieces. I found several websites that uncovered the history of this art work. I discovered many other pieces that I admired. The individualality of each piece make them something special. Nothing could compare to the fascination I had with the Gnathia-Ware art I encountered at the museum.