From
The Accountant
SM Investments Corporation
Harbor Drive, Mall of Asia Complex
Pasay City, 1300
To
Mr. Henry Sy, Sr.
SM Investments Corporation
Harbor Drive, Mall of Asia Complex
Pasay City, 1300
Respected sir,
Sub: Report on decline in sales
In accordance with your instruction, I have inquired the causes of
declining in sales in the last three years to till January 2019 and submit
my report as follows.
1. The new companies in the market who are in the same line of
business have come out with artistically designed products with
variety of colors and sizes.
2. Many of our competitors are selling the products at cheaper rate
than us.
3. After sales services of our company is not as good as of competitors.
4. Many of our products are not customer oriented.
5. Lack of proper promotion at retails.
Suggestions for improvement of present situation: