Q: Identify the five steps of the target market selection process.
A: A target market is basically a segmented collection of people that are most likely to purchase a…
Q: What are the four variables of the marketing mix? Whyare these elements known as variables?
A: Marketing mix is the set of tools or elements which helps the marketing organisation to promote…
Q: Explain The Legality of Price Strategy?
A: Price is the monetary value paid for a product in a marketing exchange; it could also be things you…
Q: How to Choose a price strategy to help determine a base price?
A: Price is mainly a psychological concept where it acts as a perceived value in the eyes of the…
Q: How can an organization make its competitive advantages sustainable over time?
A: Market competition is highly evitable in the market for the purpose of achivement of more sales and…
Q: eir goods on their own e-commerce website, what are some of the technological advantages that a…
A: Selling on Amazon could be the action that reignites a modest firm's development. Transitioning from…
Q: means that differences in pricing across customers and changes over time reflect differences or…
A: Value based pricing means that differences in pricing across customers and changes over time reflect…
Q: What is meant by a category killer?
A: Category killer is a huge store for retailing the items. It includes all types of products and at…
Q: What are some of the technological advantages that a company may benefit from by selling their items…
A: E commerce is described as that of the electronic buying or selling of things through the internet.…
Q: Why trucks are a popular transportation mode?
A: Distribution process discuss different stages that needs to be passed for ensuring that product…
Q: Define a database. What is its purpose, and what does itinclude?
A: Information is the gold in this age. The person with right information can take right decisions and…
Q: Well water inc. wants to produce and sell a new flavored water in order to penetrate the market,…
A: The target value or cost is the overall value whereas eliminating a specific share or % of the…
Q: What activities does order processing consist of?
A: Order processing refers to various activities or tasks to be implemented, after product order has…
Q: What are the benefits of functional discounts?
A: The discount and allowance facility is particularly important in the selling and distributing of…
Q: What role do ethics play in marketing research? Why isit important that marketing researchers be…
A: Marketing is a vast field including many areas like marketing research, marketing mix, digital…
Q: Contrast the position between Apple and Nokia – to what extent has this dramatic shift in…
A: Nokia appeared as a global dominant mobile phone operating software company by 2007. A producer of…
Q: Goods that have differentiating attributes which are more difficult to evaluate across brands,…
A: Goods that have differentiating attributes which is more difficult to evaluate across brands,…
Q: What are the six major criteria used for selecting transportation modes?
A: Transportation helps to move the products and goods from one place to another. It is one of the most…
Q: What are the benefits of Internet Auctions?
A: You've probably gotten used to ordering products online and delivering them right to your door.…
Q: How do wealth and consumer credit affect consumerbuying power?
A: The behavior of consumer is effectively analysed by the marketers to make sure that their marketing…
Q: Samsung is committed to complying with local laws and regulations as well as applying a strict…
A: Cross-functional team - It refers to a group of individuals with different specializations and…
Q: Key distribution has a wide variety of approaches. What's the greatest, and why is it the best?
A: By using a key distribution center, two or more computers in a network can establish a secure…
Q: You have just joined learnonnet.com (an online platform for professional educational courses) as…
A: SEO strategy - Search engine optimisation is a practice to make your website appear promptly when it…
Q: Define the term category management.
A: Management consists of the interconnected functions of developing corporate policy and organizing,…
Q: What does accessibility refers to?
A: Accessibility is the process of making information, activities, and/or environments as sensible,…
Q: How does international marketing differ from domesticmarketing?
A: Marketing gives the justification to objective of the business to sell more questions and get…
Q: 3. We typically focus on firm from well-developed economies entering markets of less developed…
A: Some countries have a natural advantage, while others have toiled hard to reach where they are…
Q: How may a company's success or failure be influenced by its employees' level of happiness at work?
A: Employees are very important part of a business firm system. Employers set certain rules and…
Q: What is Geographic Pricing?
A: Pricing methods are the techniques used to determine the final price of goods and services by…
Q: B. Product Yield. Record the following data and compute for the product yield. Weight of meat before…
A: The product yield is defined as the ratio of the finished product to the product before processing.…
Q: Samsung is committed to complying with local laws and regulations as well as applying a strict…
A: Samsung is a globally renowned brand that has acclaimed a unique position in the market by…
Q: What are the benefits of escalator pricing?
A: Pricing is the psychological concept which will be the percieved value of the product in the eyes of…
Q: What is the Prosci ADKAR Model? How does it work?
A: Prosci ADKAR Model: Indiorganizationse, not organisations. Regardless of the size of the project,…
Q: What does world is getting smaller mean?
A: Internet, advancement in science and technology has made communication and transportation easier and…
Q: Explain off-price retailer.
A: Off-price stores are businesses that provide high-quality items at low costs. They mainly offer used…
Q: orms are waging war against misinforation or "fake news" within the last few years. Considering the…
A: Virtual entertainment emphatically affects the manners in which we associate with each other. Online…
Q: future technology related to distribution business
A: Every year, the future of distribution evolves at a faster pace. With unexpected outcomes,…
Q: When compared to selling their goods on their own e-commerce website, what are some of the…
A: The answer may vary according to business capacity. As amazon is a big platform to sell, every…
Q: What is Price Lining?
A: Pricing is known for its task in which price determination takes place related to any product or…
Q: When benefits do we get when Cost-Oriented Tactics are applied?
A: Pricing methods are the techniques used to determine the final price of goods and services by taking…
Q: Explain the benefits of the Promotion Strategy?
A: The intended audience determines the promotional mix. Publicizing, individual selling, and deals…
Q: Please describe in as much detail as possible the different ways we can source deals
A: Sourcing deals or origins of a deal, as it is also known, refers to the process used by capitalists,…
Q: Explore how a firm develops marketing objectives and strategies that contribute to overall…
A: Marketing is a primary activity for any company along with production. It helps the company to…
Q: State the activities that warehousing includes.
A: Warehouses are storage facilities used by businesses to protect their products and raw materials…
Q: Why are large brands such as Bob Jane tires such heavy users of advertising? a. Because all large…
A: A Marketing is a plan or a roadmap which is build to achieve the oganization's marketing objectives.…
Q: WHAT INDUSTRIES/ MARKET USES COMPETITIVE PRICING STRATEGY? WHAT ARE THE PROS AND CONS OF…
A: To set the effective and efficient pricing startegies is very important as the revenue, profits, and…
Q: Differentiate between independent retailers and chain retailers.
A: Retailers fundamentally work after wholesalers where they make purchases either from producers or…
Q: Why do role models have an impact on a person's decision to become an entrepreneur? Do you think…
A: Individuals who are looked up to are referred to as role models. These are the types of people who…
Q: In what ways wholesalers help retailers?
A: A wholesale business buys huge quantities of items directly from producers or distributors and…
Q: What does delayedquotation pricing mean?
A: Pricing methods are the techniques used to determine the final price of goods and services by…
Describe the differences among three targeting strategies.
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- Why might it be necessary for an organization to alter its targeting strategy over time?Why do you think it is important to use market (customer) Targeting? Explain your answer.Give written answer with explanation and conclusion Explain the differences between frequency marketing and affinity marketing programs. Give an example of each.