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that is why as a business man you must always have long-term plans are short-term plas. Inflation and other economic factors are the things you need to put into consideration before making such plans.If you are a businessman, then you must need to deal with things in the best manner and you must also consider inflation as a major factor as well when it comes to handling business.
That's the one of the reasons why business owner do special holiday sales. During this season, there are a lot competition and to attract customers to your business, you need to offer discounts to customers and potential customers.These specific seasons are actually when most people tend to offer discounts to their customers as it's a time that competition is always on it's peak and you have to do that to attract customers. It's more like a strategy.
Some businesses in this part of the world do not even wait till festive seasons to do such promos. if I have a business I will probably be doing such during festive seasons and there is no doubt i will get more sales during a particular period.That's the one of the reasons why business owner do special holiday sales. During this season, there are a lot competition and to attract customers to your business, you need to offer discounts to customers and potential customers.
Yes, people increase price when there's a high demand for the product they're selling. But those big companies do not, unless there's need to, increase their price unnecessarily during festive season. Rather than increasing, what they do is offering of discount to new and returning customers.Yeah, but most of the time in this part of the world people tend to increase the prices of their products during festive seasons like Christmas and New year. They make more profit because there is high demand.
The purchasing power during the festive period is very high that is why most businesses tend to increase their prices during this period of time and the price goes down after this periodYeah, but most of the time in this part of the world people tend to increase the prices of their products during festive seasons like Christmas and New year. They make more profit because there is high demand.
I think you have a very valid point. Most companies actually reduce the price of the product during festive seasons. Some wholesalers and retailers increase the price during such periods because of high demand.Yes, people increase price when there's a high demand for the product they're selling. But those big companies do not, unless there's need to, increase their price unnecessarily during festive season. Rather than increasing, what they do is offering of discount to new and returning customers.
Like you clearly stated, they make more profit because of the demand on those goods or services during that period of the year but it would be wise not to over do it, as that period is TemporalYeah, but most of the time in this part of the world people tend to increase the prices of their products during festive seasons like Christmas and New year. They make more profit because there is high demand.
Contentment in business is very important. People should not use the fact that there is a demand for a particular product and increase the price to a particular level people will not be able to pay. It will affect their businesses on the long run.Like you clearly stated, they make more profit because of the demand on those goods or services during that period of the year but it would be wise not to over do it, as that period is Temporal
Prices of good often increases during festive season because of high demand. It's generally accepted that when the demand is high, the price of the product will increase. However, some business owners do offer discounts during the festive season.Yeah, but most of the time in this part of the world people tend to increase the prices of their products during festive seasons like Christmas and New year. They make more profit because there is high demand.
I think it depends on the kind of business they are running. There are some business ventures that are seasonal and they usually do not do any kind of promo during festive seasons. They are only there for the profit.Prices of good often increases during festive season because of high demand. It's generally accepted that when the demand is high, the price of the product will increase. However, some business owners do offer discounts during the festive season.
Your point is very valid because there are some products that will sell better at certain seasons . This is why so many people would always want to choose certain product to sell at certain period of time in order to make money for themselves very quickly.I think it depends on the kind of business they are running. There are some business ventures that are seasonal and they usually do not do any kind of promo during festive seasons. They are only there for the profit.
Your points are very necessary because it will largely depend on some products that you are willing to to sell . For instance, if you sell clothes during Christmas, then you are sure to make huge amount of profit from such investment.I think it depends on the kind of business they are running. There are some business ventures that are seasonal and they usually do not do any kind of promo during festive seasons. They are only there for the profit.
Probably, some people always don't go into a particular business until certain seasons because the amount of profit to be made will always be higher. I think it is one of their business strategies though.Your point is very valid because there are some products that will sell better at certain seasons . This is why so many people would always want to choose certain product to sell at certain period of time in order to make money for themselves very quickly.
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