Seasonal Economics: Supply and Demand

One of the biggest factors that really do affect business is not always how we run (although it is important to know that!) but also with the seasons that come.  Different countries have different seasons so it would be something to know that slow seasons do come.  The are fast seasons, slow seasons and average seasons to which is why the economics of overspending is not practical.  Fast seasons are usually when a holiday is coming  to the country (or to town) and people want to celebrate.  Slow seasons come after the fast season to when people either still have stocks or are saving their money for a rainy day.  The average season is when like every other day, sales are neither too fast nor too slow.  So far, one cannot control this factor yet one can survive through this.

Here are some possible ways to survive aside from avoiding the economics of overspending:

• Make sure you are well-stocked a month before the fast season.  Know what's hot and what's not.  
• If demand gets too high, raise the prices to make sure stocks don't deplete easily.
• During slow seasons, do take time to examine the flaws inside the company system and take time to solve them.  This also means a time to look for NEW CUSTOMERS!
• Treat your customers nicely even if they don't make any purchases during slow seasons to tell them you love them more than their purchasing.  That keeps loyalty intact.

I am simply depressed to how slow business has gotten again due to other circumstances like:

• It's a month after a special month.
• If it's during the school preparation season like graduation and a month before the first day of classes.
• If there's a festival in town, people may have bought a lot more than usual.  So after the festival, expect it to be slow.