Question: A ) 1 . Decrease the staff sales training cost to decrease the staff sales training cost from 1 0 0 0 0 0 to
A Decrease the staff sales training cost to decrease the staff sales training cost from to we should consider implementing online trainings, that can be completed at own pace or at a set deadline. This is a costefficient way of staff training.Another step to reach the desired outcome is encouragement of peertopeer training when senior staff would teach the new staff.Furthermore, we might want to consider reducing the number of training sessions, and summarize the key points in one session, rather than two. To increase foot traffic to we could implement the following When launching a new product, we can hold an event instore, to attract potential customers. Another way to foster foot traffic is to send out email newsletters with promotions and discounts. Next step that would be worth considering is launching a social media ad campaign, if possible, we want to collaborate with famous Australian people, such as Hugh Jackman, as its a proven way that resonates with customers. To increase the revenue to we can implement a loyalty program, to have an incentive for repeat business. Are there any associated risks and is their any mitigations?
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