Skills To Master Brand Management
When a lot of franchisees choose to run a brand, they value too much the retail price of the virtual target, and the discount rate is high. In fact, the similar products themselves are very high, which is also not conducive to terminal retail, because many brands are OEM or the same origin, so the things they come out are very similar.
At this time, if the same fabric of the same style in the terminal, the retail price difference of several hundred yuan, also has an impact on your sales, so not only depends on the discount rate, but also should inspect the value of the product, this is the main competitiveness of the terminal to win.
Brand must have
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Support, the sharing of advertising costs is a factor in your choice of positive brand management.
Seeking advertising support from manufacturers is conducive to the sale of terminals, speeding up the circulation of products and achieving the support level of capital chain, which is inseparable from the support of advertising. This is also a mature brand and strong brand that should be considered and must be supported.
For the formal brand operation, we must consider the logistics time and the long logistics time. This is bad for your business flexibility. This is related to your replenishment time, and also your inventory pressure. When you need it, the product will not be pported, and when the product comes, there will be a backlog to adjust.
Capital chain
The reasonable operation will result in good output.
When purchasing, we should enter the main business products of this brand. When we inspect this brand, we must believe in ourselves and not interfere with agents and manufacturers unless we are doing shopping malls or stores. Unless the brand's market strategy is reproduced, you can't do it. This capability includes capital, including operating area, otherwise, we choose goods according to our own situation.
A brand, it has its own main products, we want to do its main products, so the risk is less, because its brand core competitiveness in other products is just rich product line, if your funds are relatively small, and want to run such brands, so choose to purchase, the by-product of the brand is like that, enrich the storefront, put all the invested funds in the main products, so that the product sales model is sufficient, will not affect your sales.
Stock purchase
According to the local people's stature, our country's shape is very different from north to south. If we choose the wrong version, we can only run a deficit.
If the new friends do not understand, consumers will not be able to dress properly. The general professional manufacturers will produce several more boards, so that there will be more opportunities for terminal retail, and of course, relative investment will also increase.
This is what you need to decide when you want to know the industry and choose the right brand management for your own business resources.
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