Add Papers Marked0
Paper checked off!

Marked works


Viewed works

Shopping Cart0
Paper added to shopping cart!

Shopping Cart

Register Now

internet library library

Great deal: today with a discount!

Regular price:
You save:
0,37 (15%)
Discounted price*:
Add to Wish List
ID number:432580
Published: 01.09.2015.
Language: English
Level: College/University
Literature: 3 units
References: Not used
Time period viewed: 2014.g. - 2015.g.

Even the company that I work for always profits and raises their prices every time there is a high demand of a certain item. My company sells industrial equipment and, since it’s been in the market for several years now, has accumulated experience about our consumers. On a daily basis, the demand doesn’t really change dramatically. The company has their loyal clients with whom it works with. But once the European support funds are given to local entrepreneurs, demand rises dramatically. Although the company offers used machinery for a better price, people are interested in buying new, unused equipment and machinery, because the support funds provide funding for 50-75% of the equipment’s price, thus creating an increase in price, since the company can profit from this. Since the demand is not that high for the rest of the season, or how we call it “silent season”, it is easier to redeem customer’s old equipment and machinery, because most of it is not in use and just loses its worth as time goes by.
Since the trends are ever changing and the market is ever growing it’s getting harder to predict what the customer will want. That is why I admire the Inditex group for listening to their customer’s opinion and keeping track of what, when and why the customer buys. I strongly believe that this is the kind of practice that should be established in growing companies to keep their loyal customers and potentially gain new ones.

Author's comment
Work pack:
GREAT DEAL buying in a pack your savings −2,97 €
Work pack Nr. 1349246
Load more similar papers

Send to email

Your name:

Enter an email address where the link will be sent:

{Your name} suggests you to check out this paper on „How Companies React to Changes in the Demand”.

Link to paper:


Email has been sent

Choose Authorization Method

Email & Password

Email & Password

Wrong e-mail adress or password!
Log In

Forgot your password?


Not registered yet?

Register and redeem free papers!

To receive free papers from it is necessary to register. It's quick and will only take a few seconds.

If you have already registered, simply to access the free content.

Cancel Register