We know that in the prefect competition there are enormous buyers and seller but in the monopoly and imperfect competition there are few sellers and tremendous buyers, in this context, in imperfect competition seller sets the different prices to the different buyers, which is better known as price discrimination. More specially, price discrimination is the process of charging different prices to different customers as per the customers need, level of income, social status etc.
The goal of economic competition is better goods at lower prices for everyone.
He dealt with competitors using horizontal integration. This would mean that he just bought them out. Usually because he offered good prices, and offered a better service than they could.
simple better quality of product then more competition will be suggested by similar product companys same goes each way round. Its human nature to progress, to move on to get better.
The act of buyers and sellers freely and willingly engaging in market transactions. Moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange then before it occurred.
To improve the the customer service. To provide better service according to the needs and requirements of the customer.
Marketing orientation. They focus on what the customer wants. The make themselves known and better than the competition in the marketplace by cost, convenience, and service.
To gain customers and dealers at the expense of competition requires better margin & more sales promotion tactics and better customer service (spare parts for cars emphasis on daily promotion.)
the customer understands and is better informed in what the customer service person is telling them, and could end in a happy customer
Home Depot wins for customer service.
Some strategies for the best business optimization is to include friendly employees, have a great customer service help area, and to offer prices that are better, or marched from the competition.
Answer 1: NetSuite CRM allows businesses to better their customer management. Increasing customer service, better conflict resolution and a view of the customer demographics are all included in it.#aashnacloudtechAnswer 2: NetSuite CRM allows businesses to better their customer management. This includes increasing customer service, better conflict resolution, and a view of the customer demographics.
A motivated employee will always render better customer service.
It is a matter of basic Economics. The more products available, the lower prices. Companies choose the prices to a point, and the more competition for business, the customers will choose the lowest prices for the same items. Competition also effects quality and service, since if the same products and services are offered, customers will use other factors like how they are treated or how long the product lasts.
Sprint has better pricing, at&t has better customer service, and more coverage.
More important than immediate and efficient is meeting the customer's expectations at the price point. You can sink as much capital into providing a service as you want, but if the customer doesn't really care, that's money wasted. To be competitive in a fair market, you need to either provide a better product than the competition, or your product needs to be cheaper. Figure out which is better suited for your business's capabilities, and follow that. If the customers want faster and more efficient service, you'll need to hire more or better employees to fill that need, and you'll need to charge more for your service to compensate for it.
It is a matter of basic economics. The more products available, the lower prices. Companies choose the prices to a point, and the more competition for business, the customers will choose the lowest prices for the same items. Competition also effects quality and service, since if the same products and services are offered, customers will use other factors like how they are treated or how long the product lasts.