Best low cost leadership Strategy assignment help
When we are talking about global market it means we are talking about thousands of company present in it. Millions of products they are manufacturing and marketing as well, so it creates competition among the companies as a result confused the consumer too for, what to purchase? Or which is the best product? In this fast and furious era of marketing and competition all companies have to follow some strategy to remain sustain in the market. Our experts of low cost leadership strategy assignment help or low cost leadership strategy case study help explains it in a simple way for you that low cost leader ship strategy make the company to focus up on the cheapest sources for a good or services. This means the company needs to minimize it costs and makes the product cheaper for the customer by the saving earned through cost minimization.
Low cost leadership strategy is most successful among the other strategy like differentiation, focus and low cost leadership. Our experts of low cost leadership strategy homework help explain, why it is more successful? Most of the companies attract the customer with different kinds of attractive offers and discounts every day and some big companies apply it for a particular period, resulting huge sales and profit.
Benefits of low cost leadership and some examples explain by our experts of low cost leadership assignment help or low cost leadership strategy case study help are as follow:
Ready-mades clothes multi stores:
Such companies have been successful using its strategy of everyday to attract customers by discounts rates and attractive offers. The idea of everyday low price is to offer products at a cheaper rate than other similar products present on the market. Such company’s expenses large amount in branding and advertisements thus source products from cheap domestic suppliers and from low wage foreign markets and they are able to achieve this due to their large scale and efficient supply chain. Their sale is huge but profit is minimum.
Basically it’s difficult for a food chain company to apply low cost strategy but some global food chain company is success full on it. Example: dominos, kfc etc. These companies minimized their cost through appointing inexperienced employees and trained them rather than trained cook. These staff savings allow the company to offer its foods for bargain prices.
It is hard for an airline company to yield more profit without charging high prices. But some of the airlines company has successfully achieved the low cost strategy by assuring their plane to spend less time on the tarmac in order to keep them flying and to keep profits up.
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