Question

In: Finance

What strategies can academic firms put forth/in place to encourage customer adoption of digital business in...

What strategies can academic firms put forth/in place to encourage customer adoption of digital business in Africa?

Solutions

Expert Solution

Strategy which can be adopted by academic Firms to increase customer adaptation of digital business in South Africa would be as follows-

A. They should be offering various kinds of discount scheme and incentives in order to make customer aware and adapt to online academic classes.

B. They should always be offering discount to those people who would be paying in advance so that it will be helping the company to increase its books of accounts and it will also help the company to have ample and adequate cash in it's books of accounts

C.the company should be trying to make people aware through awareness schemes and high flexibility In user adaptation to the online academic classes

D.there should be various types of cashbacks which must be provided to the consumers in order to attract them in order to have adaptability to online classes.

these are the strategies the academic Firms can put in place in order to attract consumers, to avail the academy classes and it will help the companies to adapt to changing environment and have a competitive edge


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