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U.s. Great Depression Companies That Survived: What Were Sales Techniques That Were Used To Save These Companies?

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U.s. Great Depression Companies That Survived: What Were Sales Techniques That Were Used To Save These Companies?

Postby Parke » Tue Nov 04, 2014 3:02 pm

Sales methodology had to change during this depression. I am interested in companies with employees who work in an outside sales. I want to know what are the incentives that companies offered their sales people to encourage sales. I want to know what types of marketing was used - radio, print, outdoor signage? I want to know if these companies that survived offered their products at a greatly reduced price cutting into their profit. Sales methodology and marketing had to adapt to this economic downturn and I want to know details. Thank you.
Parke
 
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U.s. Great Depression Companies That Survived: What Were Sales Techniques That Were Used To Save These Companies?

Postby Coed » Fri Nov 07, 2014 5:04 pm

I've read a lot about the Depression, and haven't(as far as I recall) seen that question addressed as you pose it. My guess is that a far fewer proportion of purchases at that time were discretionary; most people spent their money on essentials, and under those circumstances the only sales technique that's likely to work is price-cutting. The rise in importance of sales and advertising really started in the late 1950s in the USA, when people had money to spare and the expectation of a growing economy.   All the techniques you mention were used at the time, but I don't believe there have been any studies on whether how they were used had a bearing on company survival. But it is a very interesting question, nonetheless - I wonder whether anyone else will know.
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U.s. Great Depression Companies That Survived: What Were Sales Techniques That Were Used To Save These Companies?

Postby Trevyn » Wed Nov 12, 2014 10:14 am

It's a very interesting question, but I'm not sure how relevant sales techniques were(other than price-cutting) ... I've read a lot about the Depression, and haven't(as far as I recall) seen that question addressed as you pose it. My guess is that a far fewer proportion of purchases at that time were discretionary; most people spent their money on essentials, and under those circumstances the only sales technique that's likely to work is price-cutting. The rise in importance of sales and advertising really started in the late 1950s in the USA, when people had money to spare and the expectation of a growing economy.   All the techniques you mention were used at the time, but I don't believe there have been any studies on whether how they were used had a bearing on company survival. But it is a very interesting question, nonetheless - I wonder whether anyone else will know. EnglishLady 78 months ago Please sign in to give a compliment. Please verify your account to give a compliment. Please sign in to send a message. Please verify your account to send a message.
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