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Business strategy
The BOGOF strategy for more sales
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[QUOTE="Augusta, post: 248710, member: 25283"] When it comes to managing a business, you would need to employ good strategies to sustain it. The only way a business can be sustsin with ease is by having high sales or turnover. This simply means that without customers patronizing the business then the business is bound to fail. So you need to devise means of making custoers to come buying from you all the time one strategy you can adopt is the BOGOF (Buy One get one Free) strategy. There's no better way to draw customers in even those that ordinarily wouldn't have been interested in the product would want to buy why? because there's is a catch. The catch is the extra one you are willing to let go for some price of the others they would be buying. With this method all you need do to achieve this is to make the price of others a little higher to accommodate the other product you would he giving out. it just that you might cut off the money you would have made from the product you are giving away But all the same you would make small profit but it is still better than staying the whole day and there's no patronage. [/QUOTE]
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