Tuesday, September 15, 2020

Welcome to Wolves ; Marcal

 


Smashing Start to the 2020 - 2021 EPL Season ; Sheffield 0 Wolves 2

 



This is Wolves 3 season in the Premier League. With the departure of Matt Doherty, the big news for Wolves has been the extension of Cocah Nuno Esperito Santo's contract till 2023. This is excellent news ! 

In came in 3 starlets, Fabio Silva for 35 million pounds and 2 others from Porto. The Portuguese contingent has grown to 8 in the Wolves squad boasting of  11   internationals.

Portugal

1. Rui Patricio
2. Reuben Neves
3. Pedro Neto (Under 21)
4. Dioho Jota
5. Joao Moutinho

Spain
1. Jonny Otto
2. Adama Traore

England
1. Conor Coady

Morocco
1. Romain Saiss

Belgium
1. Leander Dendonker

Mexico
1. Raul Jiminez

Another interesting statistic, is that the first game for Wolves the past 2 seasons reulted in a loss to Leicester (away) ) 0 - 2 and a draw to Leicester at home 0 - 0. So this year is the third time lucky against a superb Sheffield side. Wolves emerged winners 2 - 0 at Bramall Lane.

I can't wait for the next 5 - 6 games and see where Nuno's dream will take us.





Saturday, September 5, 2020

Price Elasticity and Inelasticity. Total Revenue Test

 



Pardon my basic economics but I am in the "Back to School' mode, so every chance I get to understand economics better will ultimately lead me to understand the world around me, and the reasons for the way things are.

Part of this desire is to understand from the school of Life, why some companies do so well, and what strategies they employ to get there in the first place.

There are essentially 5 'P's of successful marketing, and they are :

a) Price (currency and now Ecurrency)
b) Place (distribution channels)
c) Promotion (now ECommerce)
d) Position (how high up the Value chain your product is)
d) Prodcut (What is the Unique Selling Proposition of your product in the global marketplace).

Having put all these factors into place, the excellent execution of a well thought out business plan followed by Luck, enough cash reserves and the decision to continue after the initial loss or setback determines whether the company and hence its products do actually survive the first years and thrive in ever changing market conditions.

Whoever is well exeprienced with the existing marketplace better be forewarned, the going forward is going to be very very tricky !

 

 

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