Marks and Spencer moves into energy supply
In a move which is sure to catch the attention of the regulators and a whole host of consumer groups, it has been revealed that, in partnership with Scottish and Southern Energy, Marks and Spencer is moving into the energy supply market. So that is a suit, a pair of shoes and a new gas supplier please.....you could not make it up.
The fact is that more and more popular companies are looking to leverage their enormous customer bases to get as much income out of them as possible. If a customer is looking for a new gas supplier, why should they not look towards a trusted name such as Marks and Spencer?
That is the key to selling in the retail market, if your customers trust and believe what you say then you can literally sell them anything they might be looking for. How many times have you seen the same garment or same product in a number of shops but gone back to the one you trust most?
In very basic terms, selling is simple when you are selling to a party which trusts and believes what you say - building up the trust is the hard part!q
Share this..
Related stories
Supermarket giants announce VAT price freeze
Tesco, Asda and Sainsburys have today confirmed they will not push through the VAT rise from 15% to 17.5% which will come in on 1 January. The UK government has been running the 15% concessionary rate for some time as a means of injecting more liquidity into the economy but on 1 January it will revert back to 17.5%. However, not all goods sold by the top three supermarkets will be eligible for the...
Read MoreOpening a pension and a Child Trust Fund is "a great idea"
Opening a pension for your child along with a Child Trust Fund is a "great idea" for parents looking to provide their offspring with long-term security, a financial advisor has said. Anna Bowes of financial advice firm AWD Chase de Vere said that relying purely on a Child Trust Fund is risky. This is because at the age of 18, when the beneficiary will be able to access the fund, "there's a potenti...
Read MoreHow do you know that you are paying the correct income tax?
Today's revelation that hundreds of thousands of workers in the UK have received incorrect tax codes for the 2010/11 tax year will have shocked many people. The vast majority of us automatically assume that the information which the revenue sends to our employers and ourselves is correct and does not need to be reviewed or checked. However, how can you be so sure this is the case? While there h...
Read MoreAre Green issues just for the boom times?
You may have noticed that over the last few months we have seen less and less green issues hitting the headlines, no news on new green taxes and a distinct lack of interest from the public. This now begs the question as to whether green issues are just a back handed tax for the boom times or has the consumer simply fallen out of love with the environment.
When you consider the situ...
Average house prices hit record high
30/06/2015 The average property price in the UK has hit £212,494, which is a 5.6% increase on last year and a 1.4% increase on last month, according to the latest Housing Market Monitor from estate agent Haart. The average amount a first time buyer will have to spend on a home has also risen 4.3% annually and 1.7% on the month. The average loan advance to a first time buyer has increased to...
Read More