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Please I Need Help To Improve Or Change My Business - Jobs/Vacancies - Nairaland

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Please I Need Help To Improve Or Change My Business by oyelekeabo: 7:46am On Sep 18, 2021
Good morning family. My name is Oyeleke. I have a degree in Accounting but due to lack of job, i have a computer center where I print, scan and make photocopy, but recently someone opened a big shop with state of the art equipment in my area and splash the price where people are now rushing to. Please I need a good Samaritan to help me improve my business also so that I can put food on the table for my wife and two kids. Thanks

36 Likes 5 Shares

Re: Please I Need Help To Improve Or Change My Business by Pojomojo: 7:48am On Sep 18, 2021
oyelekeabo:
Good morning family. My name is Oyeleke. I have a degree in Accounting but due to lack of job, i have a computer center where I print, scan and make photocopy, but recently someone opened a big shop with state of the art equipment in my area and splash the price where people are now rushing to. Please I need a good Samaritan to help me improve my business also so that I can put food on the table for my wife and two kids. Thanks


What your competitor did was to do market penetration ( he want to enter the market) try and bring you price to what he dropped the price too

35 Likes 3 Shares

Re: Please I Need Help To Improve Or Change My Business by oyelekeabo: 7:50am On Sep 18, 2021
Pojomojo:


What your competitor did was to do market penetration ( he want to enter the market) try and bring you price to what he dropped the price too

Thanks for your response, I don't really have the machine my competitor have

17 Likes

Re: Please I Need Help To Improve Or Change My Business by Pojomojo: 7:54am On Sep 18, 2021
oyelekeabo:


Thanks for your response, I don't really have the machine my competitor have
Then reduce the price to the level he reduce his own, this is also to grab a market share or try CryptoCurrency. Let your customers relationship be too notch

2 Likes

Re: Please I Need Help To Improve Or Change My Business by oyelekeabo: 7:58am On Sep 18, 2021
Pojomojo:
Then reduce the price to the level he reduce his own, this is also to grab a market share or try CryptoCurrency. Let your customers relationship be too notch

Thanks. I have done that also but need to buy a Direct Image Printing Machine to remain relevant in that business..
Thanks for your advice

6 Likes

Re: Please I Need Help To Improve Or Change My Business by Pojomojo: 7:59am On Sep 18, 2021
oyelekeabo:


Thanks. I have done that also but need to buy a [b]Direct Image Printing Machine [/b]to remain relevant in that business..
Thanks for your advice
Please do to be able to compete favorably with him.
Re: Please I Need Help To Improve Or Change My Business by oyelekeabo: 8:09am On Sep 18, 2021
Pojomojo:
Please do to be able to compete favorably with him.

Thanks Sir
Re: Please I Need Help To Improve Or Change My Business by Pojomojo: 8:11am On Sep 18, 2021
wink
oyelekeabo:


Thanks SirMa

1 Like

Re: Please I Need Help To Improve Or Change My Business by oyelekeabo: 12:21pm On Sep 18, 2021
[quote author=Pojomojo post=105928043] wink[/quot

Ohh sorry for that
Re: Please I Need Help To Improve Or Change My Business by tradepunter: 1:31pm On Sep 20, 2021
Ok
Re: Please I Need Help To Improve Or Change My Business by Bornsinner7: 1:31pm On Sep 20, 2021
Ok
Re: Please I Need Help To Improve Or Change My Business by Kobicove(m): 1:31pm On Sep 20, 2021
Try and diversify the revenue base of your business

5 Likes

Re: Please I Need Help To Improve Or Change My Business by tiswell(m): 1:31pm On Sep 20, 2021
Not a bad idea
Re: Please I Need Help To Improve Or Change My Business by YourhealthNG2(m): 1:32pm On Sep 20, 2021
V
Re: Please I Need Help To Improve Or Change My Business by DuduParaPara: 1:32pm On Sep 20, 2021
oyelekeabo:
Good morning family. My name is Oyeleke. I have a degree in Accounting but due to lack of job, i have a computer center where I print, scan and make photocopy, but recently someone opened a big shop with state of the art equipment in my area and splash the price where people are now rushing to. Please I need a good Samaritan to help me improve my business also so that I can put food on the table for my wife and two kids. Thanks
Hmmmmm

Oga reduce your charges and also become very friendly.

When you're friendly to your customers, sometimes they will even leave the main place and come to you. Sentiments plays a major role there.

Funny enough, you can even get jobs from people and go to this bigger place to do the printing and still collect your cut.

42 Likes 6 Shares

Re: Please I Need Help To Improve Or Change My Business by OlawaleBammie: 1:32pm On Sep 20, 2021
Wahala everyday

Story like this makes one fear to start up a business, if not a for don jakpa leave my oga teytey

2 Likes

Re: Please I Need Help To Improve Or Change My Business by iHart(m): 1:32pm On Sep 20, 2021
Due to lack of job you created a job for yourself. So you now have a iob.

The help you need, is it to match his big equipment and reduce price too?

You see price discount? That have killed many businesses in Nigeria. Many think they can use price discount to penetrate the market. When they penetrate the market, how do they sustain the market. Immediately they revert to sustainable price, all their customers will run. Bros relax, he will fail. Just persevere.

68 Likes 6 Shares

Re: Please I Need Help To Improve Or Change My Business by SeaTrade(m): 1:33pm On Sep 20, 2021
grin
Capitalism Is all I see that happened here.Smart move by the competition.
You see my friend,in business,there is no such thing as luck or so,there only exist brain and strategy.
You always have to know there could be a stronger competition that can pop in any time so you have to build yourself very well when you have the chance(competition absent),because believe it or not,it must come.
The only thing I can tell you now is to runaway from there,go to a smaller place and become their local champion in the business,because you didn't have foresight and was waiting on the sky daddy.
All your money don go where you dey train wife and 2 kids,now small shaking like this you don dey foam for mouth.
You people should be learning how to marry supportive women and not liabilities,else you would have had enough money to compete with this challenge,
Get sense nwanne.
When competition is absent,that is when you have to be wild and milk the populace very well without showing any mercy,so that you must have accumulated enough when challenge comes,
Because that same populace you will be pitying have no loyalty,watch as they will all runaway from you that use to do favours and cheap pricing for them to your competition cos he might be cheaper and have a better store.

16 Likes 1 Share

Re: Please I Need Help To Improve Or Change My Business by Truth234(m): 1:33pm On Sep 20, 2021
Do not cut price to compete with a deep pocket competitor except you can still remain profitable if you do so.

In marketing, we have market penetration and skimming strategies. Your competitor has adopted market penetration strategy to gain substantial market share, in most cases at expense of profitability and will look to service its large market share with more products down the line.

You will not win by lowering your price, offering the same service with low quality machine or equipment or trying to compete with a deep pocket competitor. However, you can stay ahead by offering new unique services, free training since it is computer service center. Launch free blogging training, Bitcoin and cryptocurrency investment training, CV clinic, etc. build a genuine relationship with your future customers so that their decision won't be based on affordability (money) but loyalty.

Also, your competitor may fail once it increase price like OPAY during the era (OPAY ride) of excessive price cut and the eventual increase that chased existing customers away. Still, you need to remain relevant to survive, therefore, the above suggestions.

33 Likes 2 Shares

Re: Please I Need Help To Improve Or Change My Business by OBTOREPA(m): 1:34pm On Sep 20, 2021
God will see you through bro
Re: Please I Need Help To Improve Or Change My Business by fghanni(m): 1:34pm On Sep 20, 2021
You have a source "God" if you have that believe forget it.. the field is wild enough... You can only add up computer training / leverage other IT jobs you can't handle.

2 Likes

Re: Please I Need Help To Improve Or Change My Business by Jaqenhghar: 1:34pm On Sep 20, 2021
Pojomojo:
Then reduce the price to the level he reduce his own, this is also to grab a market share or try CryptoCurrency. Let your customers relationship be too notch
So he should just get up and enter crypto currency. No training no knowledge just enter because his source of livelihood is being threatened. SMH

10 Likes 1 Share

Re: Please I Need Help To Improve Or Change My Business by Unik3030: 1:35pm On Sep 20, 2021
Pojomojo:


What your competitor did was to do market penetration ( he want to enter the market) try and bring you price to what he dropped the price too
I don't think this will b possible ooo,the reason been that people do business for different reason.

The big man might b doing it for cover up or he's not expecting much return anytime soon but this family man needs money to keep running his family n to pay bills.

The only advice I will give the op is to add other hustles to it like pos or selling other stuffs

7 Likes

Re: Please I Need Help To Improve Or Change My Business by TheTrueSeeker: 1:35pm On Sep 20, 2021
....
Re: Please I Need Help To Improve Or Change My Business by FreeStuffsNG: 1:35pm On Sep 20, 2021
Hmmm. All the while, were you reinvesting or building a track record of inflow in your bank account? That could help you , especially with your bankers.
Actually, the world of business is like that. Some day, those guys that displaced you will be displaced too and that's why businesses don't need to be too comfortable.
Even if you get the machine to use in the same locality, there's no guarantee that your competitor won't still out manoeuvre you.
My advice to you is to find another location and if you plan to remain in the sane location, please find your area of comparative advantage and consolidate on it. Find out from their customers what they don't like about your competitor and solve that problem in your own service.
All the best of luck. You will survive so please don't give up.

10 Likes

Re: Please I Need Help To Improve Or Change My Business by sammirano: 1:35pm On Sep 20, 2021
You have to innovate to stay afloat not necessarily follow the competitors price. competition is good, obviously no one business can satisfy the market.

PS: These are some of the things you need to do.

sharpen your skills more in the field, in time you will be preferred
be consistent. This is the key to your success.
look at the thing missing in your competition and do it.

overall, size matters, but its not the only determinant of success in business
Re: Please I Need Help To Improve Or Change My Business by Mrkumareze(m): 1:36pm On Sep 20, 2021
I think if you were good in your job and friendly with your customers, there's no way the new guy would take all.. Nigerians are good In maintaining customers ...I use to drive 15 minutes to do my printing job, not cos I don't have people around me but because of trust and customer relationship

4 Likes 1 Share

Re: Please I Need Help To Improve Or Change My Business by Jaqenhghar: 1:36pm On Sep 20, 2021
OlawaleBammie:
Wahala everyday

Story like this makes one fear to start up a business, if not a for don jakpa leave my oga teytey
The problem with most people in Niggeria is they open business to make money then pose and show others that they have arrived.

3 Likes

Re: Please I Need Help To Improve Or Change My Business by moringa180(f): 1:36pm On Sep 20, 2021
Try and add computer training to it and make the price affordable,it will help you too
Re: Please I Need Help To Improve Or Change My Business by Grace001: 1:37pm On Sep 20, 2021
Naija... Ko easy

Reduce your price too or give discounts to certain services

2 Likes

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