Value Proportion And Benefits Of The Market

Published Date: 02 Nov 2017

I work at IT Company; I play the role of advertising consultant. As it is a technology based company, thus the main thing offers by the company is development, e.g. different types of software are developed in the company long with the development of websites for different users, for this purposes different a team work together including developers and designers. Content writer whose job is to write different contest of the company site as well as for different other companies, along with it some technical writer are also available. Marketer and sales officers are for marketing purposes and their work is to sales or making client in the local as well as in the international market. In every company the advertizing consultant play a very crucial and critical role. An advertising consultant is one who has the responsibilities of making profits for the company. For these reasons I have to work with different dealer and clients inside the territory of the company in order to provide analysis on their sales what will be needed to them for internet advertising and offer different possible solution which may help them to improve their business and sales objective. My key responsibilities inside the company are as follow:

Costumer is very important for us this key responsibility to ensure and provide max satisfaction to the customer and give quick response to the customer problems.

For generating max revenue to the company, participation and attending the local association as well as different meeting is very compulsory so I make sure of it that to give time to such events.

The main task is to make sure that in the required time, the targeted revenue is generated.

Make maximum and strong relationship with the clients to have a long and strong business relation.

Maintain and establish different a service call plan of all of the customers

I also have the responsibility of doing the task whether I am office or at home certain time I have to visit different clients in order to maintain and gain the desired goal and built the required revenues

I have the responsibilities is to manage and such retailer rates which helps in attracting different and many customers and thus the growth of the company will be increases.

I have to inform the customer with different new coming products and services in order to keep them in queue and if someone required or is willing to accept it this will not only improve the company revenue but also its name.

Consulting with such clients to determine the business needs and the best consumption of the products and services offered by the company.

Retain a high level of customer service through guidance and customer support.

Develop and forcefully grow sales in elected geography through vision, cold calls and association development

Market goals:

The aim of the company is to provide to provide the max services within time in order to make users for the company give satisfaction and facilitate its business partners and also give its efforts to increase and improve technology base products. The company had to provide and make sure its high services. The main products and services provide by the company are from IT products to domestic products, communication and information technology, different industrial security system and different broadcasting tools and equipments. The company we aim to reciprocate customer's patronage with a confident an successful and efficient after sales service.

Satisfy the customers:

Customer or client satisfaction is the major of getting success for the company. For long terms generation the company should have to provide great satisfaction to its user and clients. The customer can be satisfied by provide the products and services which should full fill the requirements of the users and give them benefits rather than wasting time. The five cores for making market strategies to improve the customer satisfaction are:

Specific needs/demands:

The main need of today’s life is that the product and service should be what it is made for and provide all the facility mention on it.

As most of the people have lack of deficiency, they are not satisfy from a lot of things like in social life, physical life etc. so they must be provided with all of that products and services that have max ability of solving their problems.

Now what the user or the customer actually wants. The user wants to have a services or products which must have all the quality and which can help them out in solving their problems rather than creating more problems for them. The user wants to have a tension free life and there is something which could minimize their tasks and head and make their life easy. So such products are to be built which can minimize the effort and provide efficiency.

If certain thing happening again and again and causing head ache to the user then the demand is to have something which could solve their problems and make their life free, as the needs and want increases it becomes demands. So if it gives full satisfaction to the user than the demands increases and more users will come. The company should take a step in order to full fill the demands of its user.

Target Market:

As all of the needs and want, of the client are fulfilled from the market. As there are a lot of things which in combine make possible to give the user max benefits and provide them satisfactions. This includes some products, information, services and experiences. As the market is the place which is not only offering the physical products, there are a lot more than that. For example different kinds of services and activities payback offered for sale that are basically vague and do not result in the ownership of anything. For example mobile services, airline, hotel and banking etc which only provides services to the user?

So the company should make such strategies so that it cannot only satisfy the user but also it has to compete with different other companies and provide such services which enable the company to stay for long time. The company should also notice that whether the market space is suitable for it or not and inside the market who are their competitor and the most important the demand of the user what the user want. And how can they be satisfied.

Market Value Proportion:

The users usually face a large number of products and services which can satisfy a given need. The question arises what to chose. From the expectation of the clients and his satisfaction the usage can be maximize and if it gives satisfaction so they will refer it to other by giving the example and sharing of his experiences. And keeping in mind all these things the company will get high revenue.

Detail exchange process:

The exchange process is very important of every company in the market. It is the process in which the desired thing is taken and in return you give something to the user. By doing this not only the customer satisfaction can be obtained but also the new product is lunching easily. Thus to have a stable position in the market the company must look forward to these things. This will help the company not to lose the old user or consumer.

Delivery process:

Time is the most important factor. So it should be ensure that the product or service provided must be given in the proper time. If delayed is occurred in any of these whether it is the service or some sort of product it will affect the revenue of the company up to large extent. The late in the delivery process could also cause in minimizing the clients or users. So the company should have sufficient things that could enable him that its products and services should available right on time in the market.

Value proportion and benefits of the market:

As IT technologies convert the world in the global village. Different products and service are there in the market shish could minimize the client tension and make them to live free life style. As our company is Technologies based company which provide different products and services to the market, the internet make it available for all the time, and also give it the opportunity of international market. So all of these are the key factor involve in the strength of the company. As almost the of the market in the world are trading in technologies.

ASSIGNMENTS NO 2:

Industry:

The industry which I had been chosen is IT and technologies based. In IT there is a lot of variation and development are occurring in daily basis. Many of the things are developing and getting improving. It just because of IT and other technologies, with the help of which world becomes now a global village. It doesn’t matter where a person may be he connected with his family and friends, he can not only talk but can also see them. That is the reasons I select the IT and technology company.

The lists of the major trends are as follow

Software tool:

System used

Internet capabilities

Online data transferring

Online keep check

Operating system

Monitoring tools

The seven major trends:

Software tool:

One of the major trends which the IT Company has is the tools software tools used by them. The first web development was done with html and simple tools were used for it like notepad as such type of tools are very difficult for the user to use and a lot of error could be caused, for data base other tools are used now by using swamp server all of the web tool are combine and it is to simple to use. The credits go to the IT development. Thus you don’t have to pay for each of the tools simple one tool which Facilitate you for all of these. Thus you can easily do development and revenue can be generated.

System used

The system used before were too large and heavy it was also too slow while now a day laptops has been invented which is more fast, portable which can easily be carried from one place to another place. Different other devices are also been invented which makes the life too easier all of these has been possible due to the development in the technologies. This makes the life of the employee much easier even the common sales man can use it and can make the revenue for the organization by giving better knowledge to the consumers.

Internet capabilities

The internet was become too fast as from the previous one on the technology is shifted to 4-G. and now you can enjoy every where through different devices like mobiles, tablets and laptops. The internet can give you the whole entertainment as well as you are connected with the world 24/7. Internet is one of the major achievements by the IT. Along with these you can easily make your products famous and online sales can also be done.

Online data transferring

Now we can easily transfer the data from one place to another in just a few moments. The IT makes you enable to do so. Thus it give the compatibility that sitting in a house still you have the access of every on and you can share your experience along with this can discuss different business materials.

Online keep check

Through difference devices and tool you can easily check your bank accounts and you can easily have the access to it. You can easily transfer your money from one person to another. Thus when needed you have full access to your account this is the reasons that the bank customer are increases day by day.

Operating system

The operating system is also become better and better from widow 95 to window 8. The window 8 has even touch facilities which the user can take benefit by using keyboard and using touch screen. The operating system is wildly use in the portable devices which can easily be used for marketing purposes.

Monitoring tools

Different monitoring tools are also been developed through which you can easily monitor the things happening around. The CCT TV cameras are one of the examples along with this different type’s software through which you can use and can monitor your system and the system of your employees. The monitoring tools and software can minimize you lost and this also enable you to have control on different area from a single place, so save your time save the cost of guards and you can easily have access to it. Along with this there is also the option of recording, thus if you are present or still you have all the view in front of you.

Idea for now product:

The idea for new software will be Hospitality Software. The main feature and details of this software are as follow:

With the Hospitality software, the Technologies of the company seek to offer solution that advance business efficiency, computerize the operations, minimize the costs and helps with revenue production in the Hospitality industry. From food preparation service, Laundry service to Hotel reservation , Flight reservation and much more, our Hospitality Software solution creates synergy between and among several front-end to back-end business operations, leading to the empowerment of technology for hospitality providers.

Key Features

• Reservations Management

• Building Management

• Room Management

• Assets

• Finance and Accounts

• Human Resource Management

Estimate cost on the project:

The approximate cost of this project is $5000. And in future this will help the user in different fields and they can achieve max services within minimum time spent.