13:26 Aug 25, 2019 |
Russian to English translations [PRO] Bus/Financial - Marketing / Market Research | |||||||
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| Selected response from: David Knowles Local time: 18:41 | ||||||
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Summary of answers provided | ||||
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4 +1 | In a highly competitive market |
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3 | In a price-driven (competitive) market |
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In a highly competitive market Explanation: I can't beat your version! It sounds natural. |
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In a price-driven (competitive) market Explanation: Competition can be based on product quality, service, warranty conditions, etc., and, separately, on price. cccccc What Price Competition Really Means Price-driven competition means that one or more of the following statements are true: The buyers in your target market perceive no meaningful performance or value differences between products from different suppliers – including yours Your product offering actually has no real and meaningful differentiation compared to your competition for those customers in that target market segment You, as a sales person, or your marketing team, are doing a very poor job of communicating your meaningful, market-specific differentiation to customers in that market You are unable to economically quantify the value your product can deliver to customers in that market You are aimed at the wrong market and customers – a market for which your differentiation does not actually deliver meaningful, economic, emotional or physical value We have seen all of these situations in our client engagements – typically disguised and drowned out by the sales person’s pleading and cries to “drop the price”. http://theqmpgroup.com/six-common-sales-myths-4-its-a-price-... ccccccc In today’s price drivenmarket, sales efforts need to position a company to be more than “just another guy.” http://www.sellonomics.com/wp-content/uploads/2014/10/narsa.... cccccccccccccccccccccccccccccccccccccccccccccccccccccccccccc For years, small law practices have faced the commoditization of legal services. But now large firms are getting hit just as hard. In 2012, Dewey & LeBoeuf liquidated assets. Recently, Weil, Gotshal announced deep cutbacks, giving way to a “new normal” for law firms: a price-driven market with widespread customer demand for alternative fee arrangements. https://www.hotdocs.com/library/six-steps-law-firms-flourish... ccccc Selling Car Insurance In A Price-driven Market: Tips to Put Into Play Today https://learn.everquote.com/selling-car-insurance cccccccccccc -------------------------------------------------- Note added at 58 mins (2019-08-25 14:24:31 GMT) -------------------------------------------------- CCCCCCCCCCCCCCCCC Variant: In a market in which competition is driven by price |
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