Probably the smartest decision we have made to date was dropping SOCK; strategically it freed up valuable resources to push our more entrenched and popular products. We managed to not only get rid of all the inventory of SOLD and SOBO but also sold much more of them this period (almost 100% growth in volume sold for both of the Sonites). As well, we gained a lot of market share in both the Sonite and Vodite markets this period. However, even with our large gains in market share Team E continues to dominate the industry and their success is being reflected in their skyrocketing stock price. Nonetheless, a lot of positives resulted from our previous decisions and it is nice to see our increased sales force is helping to generate enormous sales.
Team E has built a comfortable cushion for themselves but Company O will never give up!
4 comments:
WOO HOO! Finally, y’all are producing enough of me to make me feel worthwhile! If you keep increasing the volume sold by 120.4% I will be SO happy!! Y’all obviously priced me way too high last period…I am glad that you realized that being greedy isn’t always the best way to make a profit! Compared to last period, you actually didn’t produce enough of me…but I guess I will forgive you seeing that it’s better having no inventory opposed to over 100,000 (but I won’t bring that up again, we all know THAT was a mistake!) Next time, you might want to consider spending less on advertising! Since I have been around since day one, you don’t need to invest as much money on me in that field. Let’s work to close the gap between us and team E!
Toodles,
SOLD
Oh it’s been quite amazing – I’m still in shock. I am now being targeted towards the ever-growing Followers market, and am still latching on to a few Adopters. More advertising has been put into me and I think I’m using it wisely. Although it’s difficult to compete with VEXX, my modifications have allowed me to further drop my price, but still keeping above that of VEXX to shy away from a potential price war
So once again, like many times before, I’ve prevailed! With more than 147% increase in my volume sold to a crazy 285,000 units, I must say I’m pretty darn amazing. And what’s even better is the fact that I’m sold out so imagine how much more I could’ve potentially sold?? The Singles really want me and I’m not surprised. PS. Goodbye SOCK – we don’t miss you – you were dragging us down. I told you to ask me for advice but I guess you failed to do so.
WHAT A GLORIOUS DAY! There is no way I would rather be sitting by the pool right now, I’m rather enjoying basking in my fabulousness instead. My sales increase by 32.6%. 32.6%!!!!! Those Hi Earners certainly know how to stroke my ego, I sold more then 175,000 units!! I guess increasing my ad budget was TOTALLY the right thing to do, I single handedly made $19.738M for team O.
The following adjectives would be appropriate to describe me: FABULOUS, FANTASTIC, AMAZING, INFALLIBLE, PERFECT, EXTRAORDINARY.
XOXO SONO
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