Andrew Lloyd Beaver PA | What Significant Things to Consider Before Changing Your Business Strategy?

 

What Significant Things to Consider Before Changing Your Business Strategy?


Companies have been changing great products without the consent of their customers for a long time says Andrew Lloyd of Beaver, PA. These highly paid strategists think they know better than the consumer. They are totally WRONG for the most part. Strategists are paid by the customers who purchase thee products of the company. The consumers is always right. 

These changes can cause serious damage to a business when customers reject their changes. Successful products should stay unchanged because they meet the customers needs. Why is corporate always searching for a "problem?" The world has went through a pandemic and the last thing they want is change. 

Can Coca-Cola really change a major product?

1. Sales: Are sales down? Coca-Cola's 2021 second-quarter earnings and revenue beat Wall Street's predictions. No.

2. Competitors: Is Pepsi changing their iconic drinks? No.

3. Cultural Change: Is there a movement or trend going away from carbonated drinks? No.

4. Market Change: Are local impacts changing the taste of consumers? No.


Andrew Lloyd of Beaver, PA says that a shift in strategy is not a decision to be made in haste.  A lot of careful planning, time, and costs are spent on the implementation. Let's see if Coke has created a better tasting product. If not, then we can push back.








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