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  • Probability Cost Tree

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    HARSHITA SURESH 19BDS0133
    6 views2 pages
    The document outlines strategies for a company to increase revenue and profits. It recommends focusing on growing the customer base through increased marketing, improving customer satisfaction to increase lifetime value, and reducing costs by hiring more permanent employees, establishing manufacturing in India to reduce logistics costs, acquiring niche technology companies, and investing in specific sectors in different markets.

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    Probability Cost tree

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    The document outlines strategies for a company to increase revenue and profits. It recommends focusing on growing the customer base through increased marketing, improving customer satisfaction to increase lifetime value, and reducing costs by hiring more permanent employees, establishing manufacturing in India to reduce logistics costs, acquiring niche technology companies, and investing in specific sectors in different markets.

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    © All Rights Reserved
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    6 views2 pages

    Probability Cost Tree

    Uploaded by

    HARSHITA SURESH 19BDS0133
    The document outlines strategies for a company to increase revenue and profits. It recommends focusing on growing the customer base through increased marketing, improving customer satisfaction to increase lifetime value, and reducing costs by hiring more permanent employees, establishing manufacturing in India to reduce logistics costs, acquiring niche technology companies, and investing in specific sectors in different markets.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 2

    INCREASE

    MARKETING

    GROW NO OF
    CUSTOMERS
    INCREASE
    SALES

    INCREASE
    REVENUE
    INCREASE PRICING

    INCREASE CUSTOMERS
    LIFETIME VALUE
    INCREASE
    CUSTOMERS
    SATISFACTION
    INCREASE
    PROFIT
    REDUCING OVERHEAD
    COSTS

    REDUCE FIXED COSTS

    SHIFTING TO NICHE TECH


    REDUCE
    COSTS

    REDUCING PRODUCT
    COST

    REDUCE VARIABLE
    COSTS
    HIRING EMPLOYEES (as
    permanent employee)
    INSTEAD
    OF CONTRACTORS
    CONCLUSION :
     Hiring more or keeping employee base with more permanent employee rather than
    contractors.
     Establishing manufacturing unit in India near Pune, Hyderabad, Mumbai or
    Ahmedabad to reduce logistic costs.
     In India for other sectors acquiring smaller organisation which specialise in ‘Niche
    Technologies’ can help company to grow its market in India.
     Investing in India in the ‘BFSI Sector’ , ‘Manufacturing’ , ‘retails’ and whereas in US
    and Europe investing in sectors like ‘BFSI’, ‘Healthcare’ and Product based business
    like ‘Digital Marketing’.

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