Sales Marketing Through Online Sites The article I have chosen for my essay is “customer engagement in online social crowdfunding (Robiady et al., 2020).” I am motivated to review this article because it provides useful information on engaging customers through online platforms. Recently, I have discovered that online social sites offer a huge marketing platform for current and new clients. Besides, digital penetration across the globe has brought with it a large market base which expands the customer base and opens new markets across the world. Moreover, online sites provide a platform for advertising products and services to many customers at a minimal cost. Additionally, through online advertising, I can engage many customers at once while providing real-time feedback. Further, the current COVID 19 pandemic has revealed that online businesses will continue to thrive as tradition physical stores close down. Therefore, this article provides useful tips on how I can engage customers through direct storytelling in online social sites. Besides, its findings reveal that, in online marketing, direct storytelling has a significant favourable influence on customers. Therefore, through direct storytelling,…
Factors changing sales management and sales Since the late nineteenth century, salespersons have adopted several marketing strategies to make contact with their customers. Some of these techniques are rather easy to implement while others are complex, and the salesperson may face several difficulties while using them. Until fifty years ago, there were only four basic techniques that were used by companies for sales purposes. The four basic techniques are; stimulus-response, mental states, which need satisfaction and problem-solving. About twenty-five years ago, another method rushed into marketing, and the majority of the sales organizations started using it. This technique has named ‘consultative selling.’ These five sales techniques are widely used by companies to interact with prospects and customers. The marketing process has based on approaching a chance who can be a potential customer. Then using a series of processes including appointments and contacts with those prospects and then ultimately following a proper sales process to generate sales. Factors changing sales management and sales It is a well-known fact that the process of selling and marketing is changing at a rapid…
concept of colonialism, imperialism and economic development Introduction The process by which relevant journal articles, books and theses are examined or reviewed based on a particular research topic is regarded as a literature review. Notably, the existing literature is explored during the review. The current review is based on the concept of colonialism, imperialism and economic development. The European context shall be considered, and controversies or assumptions related to these phenomenons shall be evaluated. Colonialism can be referred to as a practice, while imperialism is the foundation or the idea behind the practice. The idea of imperialism has driven colonialism. Colonialism is a practice of settlement which began about 400 years ago. European colonialism has completely changed the economic landscape of the world. It created the free-market capitalism, and the practice of trade emerged. A controversial or debatable aspect of colonialism is that it might have been driven by economic consequences; however, the cultural factors also played a vital role. The review will further shed light on the existing research on European imperialism and colonialism. The research will be useful…
report about the Saudi Aramco Company about various elements that influence its operations Introduction Saudi Aramco is one of the globe’s major oil corporations. It is a Saudi Arabian national petroleum as well as a natural gas company headquartered within Dhahran, Saudi Arabia. Most likely, by income, it is the biggest corporation on the planet, as well as the most profitable organization on the globe. It is one of the huge corporations within the world that is highly reputable for dealings in oil and gas with supplementary firms almost in all parts of the world. This paper looks to present a report about the Saudi Aramco Company about various elements that influence its operations. SWOT Analysis The strengths of the company comprise: Spending on alternate energy Investing in a high profile project Management who are hugely skilled to run the firm Access to modest gas and oil creation assets Refined upstream advancements just as profoundly energetic agents Top downstream tasks and promoting abilities The weaknesses of the company comprise: Rapidly growing costs of the skilled labor force Sharp unrefined petroleum…
Royal Constructors Company Operations Space and Equipment Royal Constructor Company is located in London, which is one of the cities in Ontario, Canada, where equipment is sourced. There are several types of equipment that are needed for a start, and others are hired. Equipment Cement brick making machine- $2680 Block making machine- $4500 Mobile reverse mixer- $5000 Semi-automatic concrete mixer machine- $700 Handheld cement concrete cutter- $350 Transport truck- $12,000 The heavy machinery, including excavators, bulldozers, crawler carriers, backhoes, and loaders, are hired each at the cost of $200 per day. The heavy machinery is costly, and Royal Constructors cannot afford to source them in its initial stages. Facility Layout Logistics Royal Constructors Company will develop an effective logistics management that ensures that all the supplies and materials are delivered on-site early to avoid delays. Royal constructors will establish a strong relationship with the potential suppliers where the raw materials to ensure efficiency in ordering and supplying the requirements. The five lorries that will be purchased focus on ensuring that the equipment and materials are efficiently transported to…
The Thirdworldization of The Russian Federation Michel, the author of the book, opposes with the reality that free trade, as well as globalization, is the deprivation for the growing numbers of people.in this discussion will explain the overview of how Michel Chossudovsky views various examples in establishment that the globalization of poverty is as a consequence of the new financial order. Marginalization and unemployment are restricted to the third world; instead, they exist in rich countries, also in the former Soviet Union. Macroeconomic disaster tries to derive the explanation of how and why the processes are in relation. By exploiting the way the global economic structures have tremendously changed from the 1980s, the influence caused by international financial bodies has enforced in the eastern European and third world countries in the facilitation of these changes( Chossudovsky). After Mikhail Gorbachev’s assumptions of the secretary-general position in the communist party, he embarked on making notable economic and political amendments’, which realized the disintegration of the Soviet Union with a new chapter realization in the world history. Apart from the present uptake…
DESCRIPTION ON HOW RUDRA POLY FUEL IS BETTER THAN OTHER INDUSTRY FUELS In the advancement of technology, different types of fuels have emerged. The fuels reach the market in accordance to their advantages and their convenience. Therefore, Rudra poly fuel in India beat all norms to have the best fuel that surpasses other fuels with a big merge. Rudra Poly fuel is environmentally friendly than other fuels. First and foremost, the preparation of the fuel is eco friendly. Having in mind of the increased plastic wastes in India and the whole world, Rudra Environmental Solutions produced Rudra poly fuel which is very eco- friendly. Plastics are non-biodegradable and pollutes the environment. Having the poly fuel made from plastic, it reduces the plastic pollutant and does value addition. Due to the depolymerization that occurs in fuel usage, it is durable and less volatile in comparison with other fuels. It is economical since it is less depletes and it is small in size; thus, it has lower particulate matter and hence is easily handled and managed. Most fuels release sulphurous gases which…
Evaluate the performance of the main activity of your selected company EST Companies though being a small business it specializes in the sale, service, and maintenance of large scale technologies. The company excels in the sales of wash racks and maintenance of technologies, particularly unscheduled services. Employees are trained to perform functions and conduct the necessary maintenance, which gives satisfaction to the clients. The service technicians arrive on sites with trucks outfitted with inventory if needed for the project. The high level of preparedness has enabled excellent performance, particularly meeting unscheduled demand. The measurement criteria for the performance of the critical services in the increased number of sales (Cui & Wu, 2016). When sales are high, it means that the product’s popularity is growing and more customers are making more sales. The increased sales can be traced through unscheduled demand that the firm ensures they are ready to take orders and deliver. Type of control of employees and production processes used In fulfilling the goals of the EST, uses quality control in employees and the production process. They ensure that…
Role of Marketing in Business Introduction Marketing generally describes the acts associated with the selling of a company’s products. Marketing covers different sections, with advertising being the primary sector. There is also consumer research and product design as part of marketing. The marketing department is one of the pillars that support the success of any business. It is through marketing that businesses create their public image, which goes a long way in influencing stakeholders of the organization. The marketing environment is one of the most dynamic sectors of business. Marketing has evolved from a time before the onset of digital marketing to current times, where it heavily relies on digital means. Through the times, marketing has adapted to the changes to maximize the advantages to the business. However, an article on the McKinsey Quarterly describes a situation that is commonly experienced in business. More often than not, the finance department views marketing as such a trivial part of the business. This possibly stems from the fact that the benefits of marketing are mostly intangible. Take, for example, building the…
Risks in project management It is impossible to avoid the risks of a project no matter how well it h planned due to the unexpected problems which might occur during the implementation of the project. Risks in project management refer to an uncertain condition that can have adverse effects on the project’s objectives and goals. Control of the risks is a very critical aspect to consider before the implementation of any project. The chances are identified, and a solution for each risk sought before the project goes to the implementation phase. It is vital to carry out the risk analysis for any project and plan appropriately for the project before it is implemented. However, the risks cannot be avoided entirely due to the changes which may occur in the environment and affect either one of the goals of the project or several. Some risks are unknown for a particular project, and therefore it is hard to eliminate them since the risk managers cannot identify them. Such risks come unexpectedly and knock down a project, and in such a case, the…