Company Name: Reliance Trend
5 Economic concepts regarding Reliance Trend
People response to incentives: On every festivals Reliance Trend give offers and discount of 10% - 50% . As we know people are generally attracted to incentives which directly or indirectly make people to buy their products.
Law of Demand: On National holidays the prices of clothes are high as malls needs to pay tax to the givergoverso they increase the price because of which demand decreases.
Utility: Reliance Trend satisfy the need of the customer by providing different variety in clothes like men's wear,kids wear,women wear of different size and colour and of different style.
Understanding Customer Behaviour: Reliance Trend look after their customer . The production is done by taking the decision of customer which added value to their Reliance.In 2016 Reliance survey many customer regarding the quality and durability of clothes .By taking the customers review into consideration they started building up the quality in their clothing which build up the quality in their clothing which actually reassemble the quality of the product.
Product Surplus: As Reliance Trend is one of the company which is among few branded company which can handle more customers.
5 Economic concepts regarding Reliance Trend
People response to incentives: On every festivals Reliance Trend give offers and discount of 10% - 50% . As we know people are generally attracted to incentives which directly or indirectly make people to buy their products.
Law of Demand: On National holidays the prices of clothes are high as malls needs to pay tax to the givergoverso they increase the price because of which demand decreases.
Utility: Reliance Trend satisfy the need of the customer by providing different variety in clothes like men's wear,kids wear,women wear of different size and colour and of different style.
Understanding Customer Behaviour: Reliance Trend look after their customer . The production is done by taking the decision of customer which added value to their Reliance.In 2016 Reliance survey many customer regarding the quality and durability of clothes .By taking the customers review into consideration they started building up the quality in their clothing which build up the quality in their clothing which actually reassemble the quality of the product.
Product Surplus: As Reliance Trend is one of the company which is among few branded company which can handle more customers.
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