Mataracy
VIP Contributor
At times people especially some sellers do not fill concern about what drives sales in the market so far they are making sales.
As a good business man one just need to be cognisance about this in order to monitor their progress and loss.
The main sales drive is Demand, Supply , competition , and quality of the goods or services.
For example if the price of the goods or services is too high then the demand will be very low like rise if the price is low the demand will be greatly rise.
Some times if the of the goods to the market is low then the price will definitely rise which will equally leads to low sales.
Competition can also make people to prefer buying one product to the other one due to the packaging and some product differentiation that may cause it.
The quality of some product always attracted many customers to patronise a product than the other ones.
What Drives sales in the market?
Your idea is highly welcome .
As a good business man one just need to be cognisance about this in order to monitor their progress and loss.
The main sales drive is Demand, Supply , competition , and quality of the goods or services.
For example if the price of the goods or services is too high then the demand will be very low like rise if the price is low the demand will be greatly rise.
Some times if the of the goods to the market is low then the price will definitely rise which will equally leads to low sales.
Competition can also make people to prefer buying one product to the other one due to the packaging and some product differentiation that may cause it.
The quality of some product always attracted many customers to patronise a product than the other ones.
What Drives sales in the market?
Your idea is highly welcome .