Friday, April 08, 2011

Fish Market

I remember as a kid when I was in school and there used to be a lot of noise in the class, teachers would say "Is this a Fish Market?" Now why would I blog about it now?

Actually I remembered this when I visited the Al-Kout Fish Market few days back. It was noisy, every shop keeper trying to sell whatever he has to any customer that passes by his shop. The thought came to my mind, what the teachers used to say in School. I have seen the Indian Fish Markets they were noisy. But its the same in Q8 as well. Makes me wonder is it the same across the world or the so called Developed countries have Fish Markets which are not noisy.
Was trying to think the reasons:

1. Fish eaters love to eat fresh out of Water Fish. Frozen will not taste the same.
2. All the shops have more or less same variety of Fish and are selling at almost the same price.
3. So, if the customer passes by your shop he may not come back, so they have a Target to make a sale to any customer that reaches their display area.
4. Regular buyers visit the Fish Market early to get the best Fresh Fish. I remember in India we used to go to the Mazgaon Dock or Colaba Dock after Fajr (around sunrise)
5. So their peak selling period is limited as well.

Food for thought: What would you have done to make the most sales in this scenario? If you were selling Fish. Let us see the different ways of thinking... Engineers, Management Grads, let us all see if we had to sell Fish for a day what would be your strategy.

1 comment:

Mohammad said...

In evry business der shld b a Strategic Vision & 2 accomplish dat vision v hav make a Strategic Mission.