Sunday, December 5, 2010

Is it likely to sell 30 guitars a month? -

The way I have learnt it, there are several things which will determine how many of a product you will sell. (I am going on the standard Marketing mix Ideology from GCSE Business Studies If anyone was wondering)1. PriceThis is a major part of the product selling market. The lower the price, the more you will sell (to a limit, when people think that there must be something wrong with them as you are obviously trying to get rid of them) If your prices are lower than your competition s then people will buy your Guitars2. ProductIf your Guitars are of a good quality, then people will see them, think that they look like they are good quality and buy them. Again, if your products are of a better quality than the competition s then people will buy yours rather than their s.3. PlaceWhere you sell your products from is also important. If you sell your products in a proper music shop then people would be more inclined to buy them than in say, your local Tescos.4. PromotionHow you advertise your product is important. If you advertise your guitars through posters or adverts in the local papers then you will get many more sold than not advertising at all.Overall, I think you could sell 30 Guitars a month as long as you follow the four points I have outlined above.Hope this helps

If you were the only guitar dealer in NYC or LA, therefore had no competition, you might hit 30 sales some month. Or if you were the international low-price-leader on the web, you might.

What type of guitars are you selling?depends on the market segment you want to target - custom built, high end, or mass market, or just toys.

What no strings attached ?

i doubt it unless they re dirt cheap

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