Yakub02
Banned
Customers attraction is an important strategy that business men and women are expected to key into in this present century. Reason is that it is crystal clear that that both the newbies and existing business person are working towards increasing turnover due to the current global economic condition. Survival of business is premised on the availability of customers that will patronize our products and services.
Enjoyment Monopoly, Duopoly and oligopoly can occur in business when there is only one seller of a product or service, Two sellers only supplying a product or service and Few people supplying a particular line of product or service respectively. How can these set of people continue enjoying is by having a unique factor that other competitors have not been able to break.
Whenever they fail to maintain their unique power and identity , the market will be broken and it will have a serious effect on the turnover and market pentation.
Therefore it is important to attract customers to be able maintain the champion on the field of business. when there is competition consumers will enjoy more at the expense of the sellers
Enjoyment Monopoly, Duopoly and oligopoly can occur in business when there is only one seller of a product or service, Two sellers only supplying a product or service and Few people supplying a particular line of product or service respectively. How can these set of people continue enjoying is by having a unique factor that other competitors have not been able to break.
Whenever they fail to maintain their unique power and identity , the market will be broken and it will have a serious effect on the turnover and market pentation.
Therefore it is important to attract customers to be able maintain the champion on the field of business. when there is competition consumers will enjoy more at the expense of the sellers