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Low conversion rate using 4p framework, (P1), (P0), (P3), (P2), Hypothesis…
Low conversion rate using 4p framework
Product
Quality
Are our products or services durable and reliable?
Features
Will offering more features for software services increase customer satisfaction?
Does improved data and transaction security boost customer trust and retention?
Value Proposition
Is our value proposition unique and differentiated from the competition?
Can Mumbai's high percentage of retained clients
Compition
are there any external factors that influence the technology solutions in generating revenue
Price
Competitive pricing
Does competitive pricing strategy open up growth opportunities in larger accounts?
Can discounts on competitive pricing boost customer retention rates?
Payment methods
Are our payment methods secure and reliable?
Do our customers have a variety of payment methods?
Promotion
Advertising
Digital
Social Media Channels
How do marketing and Enterprise Sellers influence revenue and conversion rates?
Online Partnerships
Do online partnerships necessitate specialized strategies to optimize conversion rates
Traditional
Mass Media(TV,Newspaper,Radio)
Are we keeping our mass media more engaging?
Is lead generation through mass media channels higher in comparison to online leads?
Telephonic sells
Place
Distributions
Retail Location
does the sales and marketing efforts for technology solution vary by geographic region
Does the location of a retail store affect its sales?
Online platforms
Will running targeted social media ad campaigns result in more website traffic
?
Will expanding our product offerings on online platforms increase sales?
Delivery and Accessibility
Does on-time delivery affect customer satisfaction?
(P1)
(P0)
(P3)
(P2)
Hypothesis Lists
(P1)
(P0)
(P2)
(P3)
(P1)
(P0)
(P2)
(P3)
(P5)
(P2)
(P4)
(P0)
(P3)
(P1)
(P4)