What Drives sales in the Market?

Mataracy

VIP Contributor
At times people especially some sellers do not fill concern about what drives sales in the market so far they are making sales.
As a good business man one just need to be cognisance about this in order to monitor their progress and loss.

The main sales drive is Demand, Supply , competition , and quality of the goods or services.

For example if the price of the goods or services is too high then the demand will be very low like rise if the price is low the demand will be greatly rise.

Some times if the of the goods to the market is low then the price will definitely rise which will equally leads to low sales.


Competition can also make people to prefer buying one product to the other one due to the packaging and some product differentiation that may cause it.

The quality of some product always attracted many customers to patronise a product than the other ones.

What Drives sales in the market?
Your idea is highly welcome .
 

sincerem

VIP Contributor
Their are lots of ways to make our products reaching out to end prospect buyers, one is from; email marketing platforms around, just that I don't know the ones legit, delivering what is expected and not the one claiming to deliver but not working out as planned. I see lots of them through advertisement, I never devoted my time to learn how they're operating and what they're offering to users who come through them for business, because I don't have much thing I am seriously in need of to hook up with them. But in the future I can require such kind of services when i feel their is need for it. As for now, i am not pushing for any affiliate marketing products.
 

Jasz

VIP Contributor
There are many things that drive sales in the market. The most important is, of course, the customer. To understand what drives sales in the market, we must first understand what it means to be a customer.

A customer is anyone who makes a purchase from any given company. A customer can be a person or an entity. Customers are motivated by different things depending on their needs and wants.

The most common motivator for customers is price. Price is a driving force because it determines if consumers will buy something or not. Price has two sides: supply and demand. When there is more supply than demand for something, prices go down and vice versa; this means that sellers need to lower their prices so they can sell more items at higher profits, whereas buyers will pay more for things that are scarce since there's less competition when buying them.

Another driving force behind sales in business today are deals and promotions offered by companies to entice shoppers into buying from them instead of other businesses offering similar products or services at similar prices; this means that sellers need offer discounts and other incentives such as free shipping or extended warranties on purchases made online through their website only (not brick-and-mortar stores). Customers also care about quality control.
 
E

eldavis

Guest
There are lots of factors that actually affects sales, there are some cases where the product might not have good quality, but the marketing department have been able to get the attention of the buyers, hence they are making sales.
 
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