Market saturation
Posted: Thu Jan 23, 2025 8:48 am
It can actively engage with consumers through educational campaigns, social media platforms and product labelling to help them identify genuine Amul products and report suspicious or counterfeit items. This sends a strong message and deters potential counterfeiters from targeting the brand.
The company needs to conduct market research to counter the threat of market saturation and identify untapped regions with potential demand for its products. By doing this, Amul can tap into a larger customer base and diversify its revenue streams.
Adapting the product portfolio to meet the specific preferences and needs of target markets can also facilitate successful market expansion. This may involve introducing localized flavors, packaging, or product variations that resonate with the cultural and dietary preferences of new markets.
Supply chain disruptions
Amul needs to diversify its supplier base and build strong relationships with multiple suppliers to estonia phone number data minimize the risk of disruption, such as conducting thorough due diligence on suppliers, implementing contingency plans and regularly assessing and monitoring supplier performance.
Investing in technology and systems that improve supply chain visibility and traceability can help Amul identify and address potential bottlenecks or disruptions in real time. Additionally, collaborating with logistics partners and having alternative transportation routes or storage facilities can provide flexibility and reduce unexpected disruptions in the supply chain.
The company needs to conduct market research to counter the threat of market saturation and identify untapped regions with potential demand for its products. By doing this, Amul can tap into a larger customer base and diversify its revenue streams.
Adapting the product portfolio to meet the specific preferences and needs of target markets can also facilitate successful market expansion. This may involve introducing localized flavors, packaging, or product variations that resonate with the cultural and dietary preferences of new markets.
Supply chain disruptions
Amul needs to diversify its supplier base and build strong relationships with multiple suppliers to estonia phone number data minimize the risk of disruption, such as conducting thorough due diligence on suppliers, implementing contingency plans and regularly assessing and monitoring supplier performance.
Investing in technology and systems that improve supply chain visibility and traceability can help Amul identify and address potential bottlenecks or disruptions in real time. Additionally, collaborating with logistics partners and having alternative transportation routes or storage facilities can provide flexibility and reduce unexpected disruptions in the supply chain.