Total Pageviews
Wednesday, 5 October 2016
Supply and Demand
Supply and demand of a product is what determines the price of a product. This applies to almost every form of item, from fuel to that of vegetables. Having an abundant supply of an item wont sell it, but it is the demand for that item that will sell it. But how is demand created? If it was an easy task, then every product ever made would still be sold today. In order for demand to be created, the people that become part of the respective target market need to want the product, regardless of if they need it in their life or simply want it. In order to create the demand that is necessary to move forward, a problem needs to be conveyed to the potential customer that will make them want the solution to that problem. That is when you present the product as the solution to them. You have shown them the problem, made them look for a solution, and provided the solution to them. This is a fairly simply concept, but the trick comes in convincing the potential customer that the solution that you are offering, is the very solution that they want. This is the tricky part, the sales pitch. It takes a large amount of practice to perfect the perfect sales pitch that will win every time. Many look at rejections as a negative, but in a way, every no gets you some step closer to a yes. It is the perseverance of the salesman to continually try and sell as much as he can. Perhaps this is the way that a salesman gets his adrenaline rush!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment