Saturday, October 12, 2013

Business Coursework - Exemplary Work - Part Five


- FINAL RECOMMENDATIONS
Overall, to iterate my earlier recommendation I think their marketing function needs to be improved immediately as without this they are not reaching their full potential and if Rock ‘N’ Sole Plaice follow my recommendations above they will be able to reach the owner’s aim to increase their revenue by 5% (see appendix F7). I believe the one area in marketing that needs to be addressed is their promotion because other factors such as product, price and place all resulted in mixed opinions which must mean a percentage of the population is happy with them (see appendix A). Therefore, perhaps if they expose themselves to a wider customer base through a variety of promotions they will be able to bring in new customers, in which a proportion of them will be satisfied and thus become loyal customers. As a result, it will increase their performance as a business because they would generate higher revenues to reinvest in expanding the business.  

No comments:

Post a Comment