Question

In: Accounting

What questions do you have about certain industries or businesses that operate in the region and...

What questions do you have about certain industries or businesses that operate in the region and what they need or want in terms of innovation, customer service, product or packaging design, management, operations, finances, sustainability, or other areas?

Solutions

Expert Solution

The companies or business or organizations which operating in regional basis should have the following aspects

1. The main component is to observe the main competitie of any already operating business in our region, of any observe there moves

2. In terms of innovations product should be compatible to the geographical condition of that region and it should be innovative and attracts the region people

3. The company should introduce the latest technology that the region people had not experienced in last so that for that reason customer get attracted to products

4. Products should be available to customers at anytime this gives customers comfort while shopping at any time

5. In management also some regional people should be placed it will be advantage for marketing also

6. Packing of that product should be different it should not imitate others and it has to capable to create a brand value among the customers

7. Customer service is more important because the relation between company and customer starts with sale transaction but its durability depends upon the service provided by company to customers after the sale happens

8. For better customer service establish enough numbers of service centres at the best commercial areas that to be available ti all customers in the region

9.the finance to be procure by the near banks and non banking financial corporation. Why I am saying nearer means they can directly observe the operations of company if we did the best they will give 100% support to company

10. Operations are to be very friendly yo regional people i.e not to damage environment

11. Try to make some social welfare to people like plantation and arranging drinking water etc by this all the sourounding educated people get noticed of this company

12. Make some special packages and offers to regional people in terms of cost and discounts

Hence, these are some of the steps to promote and get succes quickly in a regional area.

Thank you.


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