Millions of people use different social media outlets every day. So, it is vital for companies to know where to look for their potential customers. Therefore, it is important to choose the most appropriate social platform for your business.
In 2016, more users accessed the internet via mobile devices than traditional computing device. For businesses, that means whatever digital marketing strategies you have been doing must be reinforced on mobile.
Prices like PHP9.99, PHP99.95, PHP999.90, PHP1,499.99. It’s actually a marketing trick, or pricing trick, and a every effective one at that. And it has psychological basis that is why it is so effective in luring in more sales.
Branding tries to establish you, your brand and your product / service as a top of mind among customers. What matters is that the branding should speak for itself, easy to recall, not intimidating, and appeals to its target market. Preferably original too.
Concentration risk on a select few suppliers. If they charge you more, then you have no choice, no other alternatives? If they fail to deliver, you also fail your customers. Big concern especially for businesses that do not have economies of scale yet.
Assuming you have more budget, this is also a good place to start for your business to get known to the public. Again, people from different circles attend these events even if the bazaars and exhibits usually have themes.
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