Benefit Profit and new customers in the store and the ability to purchase more so add on sales. The new markets will not decrease profits in current market segments as they will not directly affect them. Risks Research has showed the organisation that there is a lack of stationary supplies directed at teenage students and university students. A lot of the stationary goods on the market are either very childish or too professional. Entering the young children market could be riskier then the other two marketing opportunities.
This means that they could adopt a computerised accounting system to deal with financial transactions and many staff can help them do this these transactions. Computerised Accounting system can benefit them because they can do all their calculations in the computer which helps them to do their work quickly. Rumble is a small business so they will have less staff. On the other hand If Rumble did not have many staffs this means they won’t need to adopt a computerised accounting system because it is too expensive and also manual accounting system could help them instead if they had less staff. In this case Manual accounting system is easier for them to handle with their calculations through sales day book, petty cashbook and cashbook.
Paragraph1- In “Attention Shoppers: Your Dreams in Aisle 3,” Sharon Zukin points out that fact that there is so much ease in the way that shopping is done these days. We can shop any time of day or night, anywhere even if we don’t have a lot of money. She states that most critics blame us for buying stuff that we do not need, calling it “Affluenza,” and that the more money we have, the more we spend. Zukin also says that market researchers and mangers will try to identify what kind of things we buy as well as our spouses, brothers, parents, and even our pets and sell it to us. Finally, Zukin argues that whether study consumer guides or push wire carts from a warehouse club to mall, we’re searching for our dreams and we cannot be blamed if we find them in stores.
although for the most of its residents, the biggest advantage is convenience of living, working, shopping in the same area. An example is living in the city, where your home is closer to the workplace, a shopping center on the way makes saving time and fuel easy. The advantage for the business-minded, looking to expand business, can find a real estate agent to locate property, a banker to finance it, contractor to build, even a great restaurant to wine and dine potential clients all in the same block downtown. For many parents that have busy professional careers outside the home, the advantage of being closer to work affords them more time to spend with the family, and less time on the road. Children are also closer to schools, parks, friends and soccer practice.
So grocery stores in poorer neighborhoods stock less milk and more soda, and the relentless advertising from the beverage industry and fast food joints makes sweet drinks an expected part of daily living. (633) This would be especially true for the poor because they have less money to waste, and they would think twice before using money to buy foods or drinks. The lower-price drinks would be more affordable. Increasing the cost of sugary drinks will change people’s opinion and behavior because healthy choices and bad choices will become equal. People always consider the price before the product’s quality so if the prices are the same, they will certainly prefer the quality and healthy choices.
You don’t always have to spend, spend, spend to have fun, fun , fun. That being said, the saying is true “the best things in life are free.” Another purpose I came up with about Anna Quindlen’s “Stuff is Not Salvation,” is tp show the reader that people buy too much and don’t appreciate the things that really mean a lot. She thinks that when they buy and buy more and more that they are making themselves happy, then probably later somehow end up in debt and could possibly lose it all. Back in the day my older brother had always appreciated what he got for his birthday, whatever the occasion may have been. He had always taken pride and
The companies know that most young kids do not buy their own things but they do now that it is still productive to advertise for these things because the kids will go off to persuade their parents, family members, or others. Schlosser calls this “surrogate salesman.” In Kids As Customers, James McNeal, a professor of marketing at Texas A&M University defines the seven categories of juvenile nagging tactics as pleading, persistent, forceful, demonstrative, sugar-coated, threatening, and pity nagging. All of these types of nagging builds up on the parent and eventually they usually give in, in order to make up for all the time they stay at
College students can waste almost all of their money on food if not spent wisely. For instance, taking a trip to the store and buying groceries will get students much more for their money than spending it on fast food all the time. Buying bread and deli meat is a good money saving decision because those sandwiches will last them longer than a fast food meal for a night. Students who are smart with their money and who make the right decisions on what and where to eat will save themselves large amounts of money. Also, buying healthier snacks may not taste as sweet as donuts or cakes but they do cost less.
The use of electronic devises to track young children probably means the parent is allowing too much freedom or unsupervised activities at too young an age. Others may argue that mobile phone provides a level of safety in the event of an emergency. They may contend that despite best efforts children still become separated from their parents in crowded areas, like an amusement park. Realistically, most families vacation one to two times a year; the cost of a cell
And it is only fair that the shop that makes more money has to pay more rent. Department stores such as Galeria Kaufhof have wide range and amount of products whereas specialized stores such as H&M and jewelry stores have limited. Thus, department stores attract more people and those people are usually inclined to look around other stores such as H&M and the jewelry store. This increases mall traffic