Understand the Market Flashcards
Know the Market (3 cards)
1
Q
Market is in a perfect storm….
A
Digitalisation
Globalisation
Innovation
Artificial Intelligence
Customer Demands
Increasing Competition
The Generation Gap
2
Q
Market Intelligence: Four Key Areas:
A
- The customer
- The Competition
- You (Dealer / THCM)
- The Market
3
Q
Value equation:
A
Value = Benefits / Cost of securing the Benefits