You prolly dont give a shit but does any of you know a trick to get back into an instagram account..? I somehow lost my password. I appreciate any tricks you can give me!
@Spencer Titus Thanks for your reply. I got to the site on google and Im trying it out now. Looks like it's gonna take quite some time so I will get back to you later with my results.
Great video and great recommendations. Few questions 1) Saw no clarifying questions 2) when case just says client is a fashion co., how to know whether wholesale, retail, online, franchise, etc. 3) In most revenue decline cases, the tendency is to ask for financials of client or peers. How to restrain from that? 4) When the second prompt was deep dive into market and customer trends, I already had those two in my structure before, so shall I just repeat the same sub points or come up with new ones. Thanks!
Seems like a huge missing assumption is whether the 20% discounts would prompt more units and thus result in incremental revenue (we're only treating it as a cost here)
Isn't option A better if customers are assumed rational actors? To recoup their participation fee, customers would have to increase their shopping from 100$ to 250$, otherwise there would be no point in participating in the program. Hence, it stands to reason that the 25% of participants would be looking to increase their spending.
I would need more information to solve this case. How did we jump to the awards program? don't they already have it for example? How did we reach the conclusion that we need a loyalty program? Also, when we figure that we need a loyalty program. We could ask then about the customer number (market size) and conclude the suggested recommendation. I think we need to ask more questions to lead to that answer
115M for option B and not 150M I think normal sales: 10M.100 = 1B dollar option A = 7,5M.100 + 2,5M . (50 + 100*(1 - 20/100)) = 1,075B dollar option B = 10M . (9/12 . 100 + 3/12 . 100 . 2 . (1 - 20/100)) = 1,115B dollar
What about counting for the potential increase in sales due to a lower permanent discount? Both in terms of increased consumers and increased sales (spending). Why do we consider the sales as cost and not the sales as both profit and cost (due to lower selling points of discounts) ?
here in the 2nd case we are only taking till 6 month period in the the next 2 periods of 3 months sales will increase more....and there will be more incremental revenue...Should we calculate that also as in the 1st case it was taken for a year
