How to tackle low product value by customers

Augusta

VIP Contributor
One thing is to create products, another is to produce products that customers will value. With low value attributed to a product by customers it would brings low sales and less loyalty.

Shrinking profits and low market performance comes from low product valued by customers so organisations need improvement opportunities to enhance their products


.So how do you remedy this problem of customers seeing no value in a product

.Conduct some market research to better understand your consumer's needs

Analyze your competitor products and see what help them make products that buyers see it's value

Seek the necessary opportunities to make products that are unique but would also make buyers see it value.
 

Holicent

VIP Contributor
The list you got up there can improve your products value, but Incase your products already lost value, you have to do more to get people trust and get them value your products, you may have to repackage, increase size and quantity, do not go extreme so it doesn't eat into your profit. When offering discounts don't do it excessively, it could portray your product 'low quality', you can do it on a black Friday or when celebrating the company.
 
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