Saturday, April 4, 2009
Small Firms Resort to Freebies and Special Deals
In hard economic times, customers look for "something for nothing." Besides being expensive, such special deals may cause your market to think of you as the cheap supplier. A small business would lose a major part of their value proposition.
Other options are to focus advertising, reduce upfront costs, and tie payment for the product/service to value received by the client.
Labels:
Business Planning,
Marketing,
Sales
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