0
market share v = (actual market share % - budgeted market share %)*total market quantity*budgeted weighted average contribution margin per unit
+ favorable
- unfavorable
Wiki User
∙ 11y ago
Dhanesh Subramani
There are several ways to gain market share:
Lower prices: This can be an effective way to attract customers who are looking for a good deal.
Improve product quality: Offering a higher quality product than competitors can attract customers who are willing to pay a premium for better quality.
Increase marketing and advertising: Investing in marketing and advertising can help raise awareness of a company's product and increase sales.
Expand distribution: Making a product available in more locations can increase its reach and make it more convenient for customers to purchase.
Innovation: Introduce a new product or service to the market which has a unique selling point can attract new customers.
Differentiation: Differentiating the product from the competition through branding, packaging, or the overall customer experience can attract customers who value that differentiation.
Mergers and Acquisitions: Buying a competitor or merging with another company can increase market share quickly.
Create a strong brand: Building a strong brand can help to create customer loyalty, which can be an effective way to maintain market share.
My recommendation book link..𝕙𝕥𝕥𝕡𝕤://𝕨𝕨𝕨.𝕕𝕚𝕘𝕚𝕤𝕥𝕠𝕣𝕖𝟚𝟜.𝕔𝕠𝕞/𝕣𝕖𝕕𝕚𝕣/𝟜𝟘𝟝𝟡𝟘𝟝/𝔸𝕘𝕒𝕥𝕚𝕖𝕣/
Add your answer:
Earn +20 pts
The market-share variance is most influenced by?
Define the following terms : (a) Environment (b) pollution
How to compute residual variance of RIL and Sensex?
Variance is variability and diversity of security from average mean and expected value Variance = standard deviation fo security * co relation (r) devided by standanrd deviation of sensex
How do you compute the probability Y and gt you given a random variable Y has a normal distribution with mean m and variance s2.?
This is supposed to be Y > u
How do you calculate a budget variance as a percentage?
actual budget/budget = variance%
What is the meaning of analysis of covariance?
A mix of linear regression and analysis of variance. analysis of covariance is responsible for intergroup variance when analysis of variance is performed.
How do you compute market price variance?
Price Variance = (Actual Price/Unit - Budgeted Price/Unit) x Actual Quantity of Output = (AP - SP) x AQ
The market-share variance is most influenced by?
Define the following terms : (a) Environment (b) pollution
How to compute residual variance of RIL and Sensex?
Variance is variability and diversity of security from average mean and expected value Variance = standard deviation fo security * co relation (r) devided by standanrd deviation of sensex
How do you compute discrete variables?
You do not compute discrete variables. Some variables are discrete others are not. Simple as that. You do not compute people - you can compute their average height, or mass, or shoe size, etc. But that is computing those characteristics, you are not computing people. In the same way, you can compute the mean, variance, standard error, skewness, kurtosis of discrete variables, or the probability of outcomes, but none of that is computing the discrete variable.You do not compute discrete variables. Some variables are discrete others are not. Simple as that. You do not compute people - you can compute their average height, or mass, or shoe size, etc. But that is computing those characteristics, you are not computing people. In the same way, you can compute the mean, variance, standard error, skewness, kurtosis of discrete variables, or the probability of outcomes, but none of that is computing the discrete variable.You do not compute discrete variables. Some variables are discrete others are not. Simple as that. You do not compute people - you can compute their average height, or mass, or shoe size, etc. But that is computing those characteristics, you are not computing people. In the same way, you can compute the mean, variance, standard error, skewness, kurtosis of discrete variables, or the probability of outcomes, but none of that is computing the discrete variable.You do not compute discrete variables. Some variables are discrete others are not. Simple as that. You do not compute people - you can compute their average height, or mass, or shoe size, etc. But that is computing those characteristics, you are not computing people. In the same way, you can compute the mean, variance, standard error, skewness, kurtosis of discrete variables, or the probability of outcomes, but none of that is computing the discrete variable.
Do two variables that are significantly correlated share a variance?
No, they do not.
What is the outstanding shares method?
THIS is one such method to compute business worth. .where business worth=o/s share x market price per share and add a premium. . premium is jst the per share amt. that a firm is willing to pay to acquire another company
What is Gucci's market share?
market share? for what? he hasn't done anything yet to prove he deserves market share
How do you compute the probability Y and gt you given a random variable Y has a normal distribution with mean m and variance s2.?
This is supposed to be Y > u
How do you Compute earnings per share?
Net income minus Preferred Dividends / Weighted-Average of Common Share Outstanding = Earning per share
Which is the most moving share in commodity market?
Equity share is the most moving share in commodity market.
Market Share of ITC Company?
Present market share of ITC Company
Market share of Avon in India?
avon's market share in india is 04.33%
