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How to increase the sales volume of any Product in the
market.
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Answer Posted / deepa p patil.
Increase Sales In Techniques That Work
1: Use Content Marketing
With content marketing, there are a host of benefits
With content marketing, there are a host of benefits
• Pr-qualified leads
• Lower marketing costs
• Higher conversion rates
• Higher customer satisfaction
• Lower customer acquisition rates
2: Use Up sells Effectively
3: Create a Product Which Has Demand
This is a no brainer. Understand what your customer
really wants. Is there some product already in the market
that delivers the solution to your prospective customer? If
not, provide it!!!
4: Clever Pricing Is the Key
You may have a wonderful product everyone needs.
However, if you price it insanely high compared to your
competitor, you are going to find it hard to make decent
sales (unless you are Apple).
5 strategies to price your product
1. Do market research and understand your competitor
pricing. With this data in-hand, either develop a product
with lot more features and charge more, or develop the same
quality product and price it lower
2. High price can provide a sense of “high quality” since
people have a deep rooted notion that higher the price,
better the quality. If you price high, be prepared to
deliver what your customer expects to get
3. Similar to point #2, a lower price can indicate inferior
quality. The best way is to charge higher prices by
providing more value to your customer
4. Price of a product is directly proportional to “perceived
value”. If you can make you product seem superior to your
competitor, you can charge a premium over your competitor
5. Price is again proportional to perceived brand value. If
you have a brand value attached to your product, people will
more readily pay a higher price for your products or service
Final Takeaway: Your product is worth what your customer is
willing to pay for it..........................
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