17.05.2017 Views

QAISER AMIN

PERFECT PHRASES FOR BUSINESS, BUSINESS STRATEGIES,

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Making Listeners Comfortable<br />

Conservative or hostile needs to hear: Standing still will<br />

cost the company.<br />

We have an opportunity of the size and magnitude we<br />

aren’t likely to see again soon—our competitors will<br />

match our product in two to three years. The question is<br />

how can we utilize our window to develop a strategic<br />

competitive advantage? Developing a “senior” product<br />

group with a wide range of advisors gives us a strong<br />

opportunity to lock up the market.<br />

Addressing New Opportunities<br />

The description of the situation and the proposed strategy are:<br />

Social networking sites are exploding on the Internet and<br />

the company may lose sales because of management and<br />

marketing’s lack of involvement in this arena. The strategy<br />

I’m proposing is to set up social network pages on<br />

Facebook and MySpace named after the store, Barry’s<br />

Electronic Network, and have 10 to 12 young sales<br />

associates for each product category for example<br />

photography, games, music downloads, and others. We can<br />

post notes about new products, show cool ways to use<br />

products, give tips, and receive customer comments. The<br />

pages would be open to everyone and team members<br />

would take turns responding to customer entries.<br />

Higher management wants to hear: Strategy provides<br />

significant potential benefits, also increases in profits<br />

and margins.<br />

Young people, from 12 to 28, are a significant, highly<br />

profitable part of our customer base and this strategy will<br />

31

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