Some market researchers tout the benefits of “soft” market research data gathered using techniques such as focus groups and observation. Others argue the benefits of using “hard” data such as statistics on consumers’ buying habits and figures on market size. When might each kind of data be preferred? Explain.

Q: Pick n Pay posts 5% increase in sales - with strong growth in clothes, booze Pick n Pay grew its…

A: The business environment is a fusion of micro and macro factors that have a direct or indirect…

Q: behaviour, product quality, price and promotion of 'brand perception'. b. State three question about…

A: Disclaimer: Since you have posted multiple questions, we will solve the first question for you. If…

Q: Discuss various steps involved in the process of strategic management.

A: Introduction:- Strategic management is the process of formulating, implementation and the evaluation…

Q: What Does the Price of a Product Tell You? Question Content Area INTRODUCTION: A product's price is…

A: Price in simplest form is the monetary value that a consumer has to pay in return of a product (good…

Q: would purchases increase

A: Every company will try to grow for providing growing returns to the shareholders. This can be done…

Q: Explain global business planning system in detail

A: The Global Business Planning System Any business be it a budding one or a renowned one will need to…

Q: Demographic characteristics of generation y and z regarding disney plus - please be factual

A: Disney Plus - It is an American subscription-based streaming service that was launched on November…

Q: Establish and explain a point of view on one of the many trends or elements of the internet.

A: To access information on the web, the Internet is referred to as an "information super highway." The…

Q: Enumerate the process of product roll out in marketing .

A: Introduction : The term "product rollout" is used to describe the process of introducing a new…

Q: gen z and gen y attractive factors for disney plus

A: A substantial portion of Disney's business has been refocused to truly support and increase the…

Q: Discuss 1. Whose message is this? Who created or paid for it? Why? 2. Who is the "target audience"?…

A: Sinsince has posted a question with multiple sub-parts, we will solve the first three sub-parts for…

Q: Does a retail clothing store have an interest in employee appearance that it can justify in terms of…

A: Employees are the face of a company and thus play a significant role in creating a positive…

Q: What is the target market segment regarding marketing John Deere in Botswana?

A: John Deere is a listed corporation of American origin. It is related to the heavy equipment and…

Q: Unaffiliated Buyers. Why might different documentation be used for an export to a non-affiliated…

A: International trade involves a lot of risk, it is an unknown territory a business is venturing in.…

Q: Discuss the importance and implications of the industry life cycle. Provide examples in your answer

A: The Industry Lifecycle can be understood as the concept of business that studies the different…

Q: Write the development of product safe and product ethical -Write the moral responsibility For Case…

A: Making the best choices possible for people, resources, and the environment is what ethics is all…

Q: briefly discribe the credit card industry

A: The majority of people mistakenly believe that credit card processing is a relatively contemporary…

Q: Read the summary below and answer the questions that follow: The Orange Girl – all the juice and…

A: Storage facilities are the facilities that are required by business firms for the purpose of storing…

Q: What are the objectives of product labelling ?

A: Introduction : Labeling entails naming the thing in some way. It's a stage in making the brand stand…

Q: How Exxon Mobil identify their stakeholders

A: A stakeholder can be understood as any person or organization that has an interest in the…

Q: challenges of environmental impacts of tourism

A: Tourism industry is one of the fastest & largest industry in the world, it surpasses oil and…

Q: merce company: Companies' businesses and backgrounds Product chateristics Product life cycle

A: Every product will have its own product life cycle from its birth to death. It will go from…

Q: Develop a list of substitutes and complements fo the following items. Item Cornflakes Ground beef…

A: Substitute are those goods which can be used in replacement. While complementary goods are those…

Q: Discuss the major types of advertising appeals.

A: Introduction : Advertising appeal is one of the primary reasons for a customer to purchase a product…

Q: Evaluate Dischems current communication campaign.

A: Marketing campaigns are a crucial part of the marketing activities of a company. A marketing plan is…

Q: Please discuss how parameters such as geo-segmentation, social media, market research, blogs, and…

A: Establishing a schedule for when the job will be finished and describing the actions that will…

Q: What are the major sources of market data

A: A market is a place where the purchase and sale of goods and services take place. Market data is…

Q: 4. What is the "subtext" of the message? (What do you think is the hidden or unstated meaning?) 5.…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: What are the functions of Sales person in Marketing ?

A: A company's use of high-quality messaging to entice customers to buy its goods or services is known…

Q: Checkers plans to open its first “dark store” later this year to support growing demand for its…

A: The two most used and most common strategies to create competitive advantage are the cost leadership…

Q: What is product Market fit? And how to know if my product hás product Market fit?

A: A product can be defined as an object that is offered by a company to the end consumers. This…

Q: what are some qualitative factors that may influence the decisions of management or the board when…

A: Distribution network management includes forecasting, transportation, storage and delivery within…

Q: What are some of the difficulties that may arise in International marketing research?

A: Introduction : Marketing research is the process by which a firm learns more about its target market…

Q: Exactly how can a smaller company benefit from the value proposition road map?

A: Introduction: Value proposition in marketing refers to the idea of why a particular customer choose…

Q: What are the medium of price differentiation ?

A: A pricing strategy known as price differentiation charges various consumer segments varying prices…

Q: How to figure out your most profitable customer, and how to avoid your bad customer that costing you…

A: Customer satisfaction is a primary objective of any profitable business and customers are most…

Q: What is 'Distortion of consequences '? How it will happen in upper management group in a company?…

A: Distortion of consequences means neglecting the harmful actions or results generated or will…

Q: Write about the characteristics of a good package

A: Packaging has a significant role in marketing. It safeguards products and helps in sales promotion.…

Q: Explain the significance of a research report and narrate the various steps involved read and…

A: Research report is a statement prepared after by completion of research work with speicifc…

Q: using examples, discuss the changing marketing landscape challenging current markets..

A: 4 Trends Changing the Marketing Landscape The marketing landscape has regular to evolve with all…

Q: What is Competitive advantage and provide an example of it.

A: The phrase "marketing" covers a broad range of activities used to advertise and persuade customers…

Q: What are some common mistakes people may do while analyzing data?

A: Analytical skills are one of those essential skills which are ought to be present in every person…

Q: What are the medium of product differentiation?

A: Introduction : Marketing departments employ a variety of strategies to advertise goods and services…

Q: Examples of some Companies do successful internal marketing

A: Internal marketing is all about treating employees as internal customers. It is a process where the…

Q: What are the functions of Sales person in Marketing ?

A: There can be various functions of a Sales person or a Sales executive. The most important among them…

Q: Born in 1954, the Sarihusada Generasi Mahardhika Company (Sarihusada) is known as a strong player in…

A: A. social media will help in reaching the greater number of people and we can choose to target the…

Q: For this assignment you must read the Harvard Business School case study The Campbell Home (A) by…

A: The negotiation process can be understood as a process whereby two parties come together to reach a…

Q: Explain the principles to be followed for building marketing organizations.

A: The Marketing organization acts as the driver for making decisions in all marketing functions be it…

Q: How do e-marketers use geographic, value segment, and negotiated pricing online? please no…

A: Companies that use effective marketing techniques may connect with consumers who are cautious about…

Q: What is the influence to disney political environment when the deputy prime minister of canada says…

A: PESTEL analysis is done to get an idea of the external environment which have a bearing on the…

Forecasting

Forecasting is a methodology that uses historical data as inputs to make well-informed predictions about the course of future trends. Forecasting is the method of making forecasts based on historical and current data, most commonly by trend analysis. In the business world, forecasting is a basic statistical task. Forecasting is used by businesses to decide how to allocate their budgets or prepare for expected expenditures in the future. Forecasts help managers formulate and execute production plans by providing forecasts. The primary goal of forecasting is to make accurate predictions.