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

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2
Q

Market Intelligence: Four Key Areas:

A
  1. The customer
  2. The Competition
  3. You (Dealer / THCM)
  4. The Market
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3
Q

Value equation:

A

Value = Benefits / Cost of securing the Benefits

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