Business Marketing

Competition In Malawi: How to Survive

Photo by Omotayo Tajudeen from Pexels

M

Malawi is home to 17 million inhabitants, of which 14 million live in absolute poverty earning less than $35 per month. With these demographics at hand, it trims the potential market to crumbs. Nonetheless, Malawi is somewhat a lucrative marketplace due to the limited access to information regarding products snd services available. Most businesses are family-run, which are inherited from generation to generation. As Malawi is a landlocked country; imports and exports are costly, Incurring a major disadvantage to the business economic conditions. imports are frequently higher than exports, creating a trade deficit year on year. The reason for the trade deficit is the lack of in-house manufacturing of essential items and demand for food commodities, despite being an agricultural focused economy we can barely cope with local demand. Our largest exports are in the tobacco and sugar category, which contribute a total of XX to the GDP (%).

“I cannot give you the formula for success, but I can give you the formula for failure.
It is: Try to please everybody.”
– Herbert Bayard Swope

02. Business Cards & QR Codes

As the second phase of the project, we created double-sided business cards for Grey Falcon Travels. From design to print, the complete project was fulfilled by Katchy. For the print, we used a 400GSM high gloss laminated egg shine finish with rounded edges. The laminated finish provides 80% waterproof security and an anti-fold corner finish. 

03. Perfect Result

Implementing SEO strategies help you to rank higher on the search engine’s results page (SERP). This means that when your target customers search for products and services that your industry offers, they are likely to find your website. When you repeatedly appear on the SERP, users become aware of your site and your business. This increases the chances of landing potential customers on your webpages. SEO is less expensive than other online marketing approaches. It also offers higher reward rates when compared to other techniques such as social media marketing, pay per click advertising, and email marketing.

Leave a comment

Your email address will not be published. Required fields are marked *