They can offer outsourced documentation which will free up internal resources to concentrate on their core competencies. The same holds true with the document leasing aspects of the business that can add value for customers and also create secondary markets for TANNER.
Weaknesses
Every organization has some weakness. As a service provider, TANNER AG technically has no products to sell. Therefore, reputation and past experience are a key aspect of future sales. Because no product alterations can be made when something goes wrong, TANNER is susceptible to customers moving away from the brand name or simple creating their own substitute service.
Opportunities
All organizations have some opportunities. In business, numbers equate to success - or failure. TANNER AG must continually focus on sales and marketing in order to survive. The tenet 'no customers = no business' will continue to be true no matter technologically advanced society gets. Therefore, success will continue to be a 'customer-based organization' that attracts and retains new customers. Marketing and selling work hand in hand so new marketing initiatives coupled with successful selling strategies that apply the principles of the four P'are in order:
Product
Price
Placement
Promotion
Technology driven transparent documentation is the product. TANNER AG must learn to listen and communicate the needs of potential customer to verify if the product is keeping up with the demand. TANNER AG continues to enjoy pricing advantages over its competition, but new technology could easily take that advantage away. Therefore,...
Significance of the Study This study is significant because it sheds light on a very important contributor to local and international trade. Trade fairs have a long history in providing a meeting place for buyers and sellers. They are an important channel of communication for B2B buyers and sellers. This is a significant area for study because there are limited channels of communication between B2B buyers and sellers. The previous sections
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