I will manage the crunch situation in the way M S Dhoni handle the situation in cricket field. Just act quick, make plan, do not leave for last moments, consults for solution etc. Sharpen axe before cutting tree fits better in crunch situation, just devote first 10% of time to look for the various solution of problems andÂ designingÂ the plan for action for rest 90% of time.
Price is one of the 4ps of the marketing model. It is set as a result of complex set of calculations, research and understanding and risk taking ability. A pricing strategy takes into account the ability to pay, market conditions, competitor actions, trade margins and input costs etc. It is targeted at the defined customers and against competitors.
Cross-selling is the methodology of providing existing customers with an opportunity to purchase additional items offered by the seller. It involves offering the customer items that complement the original purchase.The strategy is to capture a larger share of the consumer market by meeting more of the needs and wants of each individual customer.
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