Describe the marketing mix decisions (product, distribution, promotional, pricing) that marketers face. Choose a real-world product or service and apply the marketing mix decisions to it, explaining your choices.
Q: Explain the information value chain. How do business events turn into data, then into information,…
A: Data is a valuable resource for business. It enables the company to make informed decisions,…
Q: Describe the concept of social CRM and how it leverages social media for customer engagement and…
A: Social Customer Relationship Management (Social CRM) is a strategy that combines traditional…
Q: Discuss the concept of service orchestration and its importance in coordinating complex business…
A: About Business Processes -A systematic and repeatable set of actions or tasks intended to…
Q: Please define the following: • Customer Rapport • Micro-influencer • Beauty Product Industry
A: Customer rapport is a crucial concept in the world of business and marketing. It refers to the…
Q: Discuss the environmental impact of different packaging materials and how sustainability concerns…
A: SUSTAINABLE PACKAGING :- Sustainable packaging refers to the design, production, and use of…
Q: Gift Co offers gifting services to individual customers. state the appropriate business model that…
A: About Business Model -Business model is a relevant term that can be categorized as a strategic…
Q: Discuss the ethical considerations and privacy concerns related to the collection and use of…
A: Customer data is one of the most valuable assets that businesses all around the world have…
Q: https://static1.squarespace.com/static/5c54da9fb9144972dc8100a6/t/5e503190da9bf529496b3fc3/158231391…
A: The text provided is an excerpt from Guy Kawasaki's book, "The Art of the Start 2.0," which…
Q: Discuss the ethical implications of sharing and monetizing services in a service-oriented ecosystem.
A: Service-oriented ecosystems have dominated business collaboration and commerce in the digital age.…
Q: identify a problem or need in the market that is currently unmet or underserved. Brainstorm…
A: Mental health is an essential aspect of overall well-being, yet it remains a largely unmet and…
Q: Explain the concept of customer segmentation in CRM. How can businesses use segmentation to improve…
A: In today's continuously changing marketplace, segmentation allows for greater effectiveness in…
Q: create an information leaflet summarising the information you have gathered.
A: A business idea is a plan for a future business enterprise. It is frequently preliminary and may…
Q: If 315 labor hours were required to produce the 1st unit in a production run and 137 labor hours…
A: The learning curve rate determines how quickly employees improve their productivity as they gain…
Q: What are the ethical considerations associated with the use of customer data in CRM, and how can…
A: Customer relationship management (CRM) refers to approach that helps companies to improve the…
Q: Describe the four factors that contribute to the likelihood of success for a product or service in…
A: A product or service's success in an international market is determined by a number of factors,…
Q: al wants to improve his golf game. After reading blogs written by professional players, he…
A: A consumer typically goes through a series of steps in the decision-making process before making a…
Q: is a Content Management System (CMS), and how does it simplify web content creation and manageme
A: With the advancement in technology, there are several new tools and technologies that have come up…
Q: plain the concept of predictive analytics in CRM and its potential benefits for sales and marketing.
A: Predictive analytics is a concept used to refer to the use of statistics and modelling techniques to…
Q: How does IoT play a role in optimizing supply chain
A: For this question we will use the example of health care industry to understand how IoT impacts it…
Q: What is a possible reason a firm might go direct-to-consumer (DTC)?
A: DTC ( Direct To Customer) Using the direct-to-consumer (DTC) retail paradigm, businesses deal…
Q: What are the primary challenges organizations face when implementing CRM systems?
A: About CRM systems -An enterprise may utilize a Customer Relationship Management (CRM) system as a…
Q: When a salesperson is determining which intermediaries to rely on for help, they are focusing on…
A: Organizations implement the marketing mix, which is like a toolbox of strategies, to produce and…
Q: what are some questions a company/business would ask their executives CEOS, CFOs, Customer…
A: Please find the answer below.MARKETING ANALYTICS:In order to calculate the return on investment…
Q: Describe the strengths and weaknesses of quantitative vs. qualitative methods in data analysis.
A: Quantitative and qualitative methods in data analysis each have their strengths and weaknesses, and…
Q: Evaluate the security risks associated with outsourcing website development and propose risk…
A: Outsourcing website development can offer a variety of benefits, including cost savings and access…
Q: Pick a side and argue in support of or against the New Deal. When doing this, take on the persona of…
A: I am a small farmer who has witnessed the devastation caused by the Great Depression. The economic…
Q: Describe the challenges and solutions in implementing CRM for large-scale enterprises with diverse…
A: Customer Relationship Management (CRM) plays a pivotal role in contemporary business strategies,…
Q: How does IoT play a crucial role in enhancing supply chain management and logistics?
A: Internet of Things (IoT) can be defined as the use of several connected devices, sensors, and…
Q: How will pay per clicks, SEO, paid media, owned media, social media channels in digital marketing…
A: DIGITAL MARKETING: Over the past decade, digital marketing has become an integral part of corporate…
Q: How is a business's products and services positioned relative to their competitors?
A: For companies looking to gain a competitive edge in today's dynamic and congested market, market…
Q: write a reflection on an experience of deciding on the problem on which you are planning to base…
A: You can use the Gibbs Reflective Cycle to reflect and learn in a variety of ways.It is used for…
Q: What key components and interrelated factors should be carefully considered and strategically…
A: Organizational design is a critical aspect of shaping how a company operates, achieves its goals,…
Q: In the marketplace today, the demand for high-level salespeople Multiple Choice O has decreased in…
A: The heartbeat of the job market may be seen in employment trends, which are like the job market's…
Q: plain the concept of CRM analytics and its role in optimizing marketing campaigns and customer…
A: Customer Relationship Management (CRM) systems are software tools that help businesses manage…
Q: How can CRM systems be customized and tailored to meet the unique needs of different industries,…
A: Customizing and tailoring Customer Relationship Management (CRM) systems to meet the unique needs of…
Q: Explain the difference between common law and statutory law.
A: Common Law and Statutory Law are two primary sources of law in many legal systems, including the…
Q: How does CRM software help in improving customer relationships
A: Marketing involves customers interaction and engagement. It helps the company to create exchange…
Q: Provide examples of industries or products that heavily rely on specific packaging types and their…
A: Packaging plays a crucial role in various industries, serving not only as a protective barrier but…
Q: What are the advantages and disadvantages of last in first out methods of stores pricing?
A: The Last-In, First-Out (LIFO) method is a method of inventory valuation used in accounting and…
Q: What dependent variables does your organization track at the executive level? How do those variables…
A: Dependent variables are variables that are measured in order to assess the impact of independent…
Q: What strategies can organizations employ to monitor and troubleshoot service-oriented systems…
A: Please find the answer below.ORGANISATIONS:A firm, institution, group, or other type of body made up…
Q: Discuss the principles of service discovery in a containerized or microservices-based environment,…
A: Service discovery is important in containerized and micro-services-based environments because it…
Q: As a customer of any business, share why you chose to spend your money at this business…
A: Organizations consist of various departments such as production, marketing, finance, human resource,…
Q: Five Steps to Global Supply Chain Integration ... Forecasting based (push) ordering policies and…
A: Integrating a supply chain means making sure everything from the origin of raw materials to the…
Q: Evaluate the role of service-level agreements (SLAs) in governing service interactions and quality…
A: The service level agreements can be defined as formal and legally binding agreements that specify…
Q: urrent trends, predict the potential future evolution of marketing within this sector.
A: Marketing in the financial services sector has undergone significant transformations throughout its…
Q: Explain the importance of data storage and management in IT. What are the primary storage…
A: In the digital age, data is the lifeblood of organizations. It drives decision-making, fuels…
Q: Why might a retailer use markdowns? O To adjust a markup that has resulted in prices that are too…
A: Markdowns are a common pricing strategy employed by retailers to adapt to changing market…
Q: What are the key benefits of outsourcing website development and maintenance for businesses
A: Outsourcing website development has emerged as a compelling strategy for many organizations,…
Q: Explore the concept of service innovation and its role in gaining a competitive advantage in the…
A: In today's rapidly evolving business landscape, service innovation has emerged as a critical driver…
Step by step
Solved in 3 steps
- Subway Restaurant (Sandwiches, Cookies, Drinks and etc.) A. Describe what Subway differentiates from its competitors in the market. Please select an attribute important to the consumers and expound why you use the products or avail the services of this brand. Next, Describe a specific target market for this brand and discuss why they are the appropriate segment to target upon to. B. Elaborate what you think is the value proposition of Subway when it comes to its products or services. You may perform additional research to understand more the company but in own words is the answer. Help me understand this pls.... Satisfactory answer means a helpful rating!GIVE THE FOLLOWING: Coffee Shop Marketing Plan 1. Competition- this section identifies key competitors, describes their market positions, and provides an overview of their strategies. 2. Critical Issues 3. Strategies- product, price distribution (place), promotionAnswer this question 1. What is the Target Marketing of A transparent Solar Panel Company? What are the characteristics of the target market? Identify demographic (age, gender, education, income), geographic, psychographic (consumer-based interests and activities) and, behavioral (usage, buying habits) characteristics. How big is the market? Identify growth potential How will customers be identified?
- Professional Dental Supply has been successfully selling dental instruments to dentists for the past twenty years, and has developed strong customer relations. When looking for new marketing opportunities, Professional Dental Supply will most likely look first atA. market penetration.B. diversification.C. market development.D. product development.E. Professional DentalSupply will look at all opportunities equally.You are a marketing consultant for UnderArmour (https://www.underarmour.de/en-de/) in the DACH Region. Before giving strategic advice, you need to gather data and relevant information about the company ́srunning category. To do so, please collect and evaluate the current marketing mix of the company ́s running product category in the DACH Region. Explain Product, Price, Promotion, Place, Consumers/Target segments, Unique selling points (200-250 words total)Subway Restaurant (Sandwiches, Cookies, Drinks and etc.) A. Describe what Subway differentiates from its competitors in the market. Please select an attribute important to the consumers and expound why you use the products or avail the services of this brand. B. Describe a specific target market for this brand and discuss why they are the appropriate segment to target upon to. C. Elaborate what you think is the value proposition of Subway when it comes to its products or services. You may perform additional research regarding the brand but the answer should be in own words. Satisfactory answer means a helpful rating! Help me understand this pls.... fulfill all 3 requirements in one long paragraph. Make this very well and do not get other work, i will track those! tenkz
- The marketing mix is a set of tools, which a firm utilizes to implement its marketing strategy. Applying the concepts to either McDonald’s or Subway Sandwiches, detail your understanding of the marketing mix by describing both the traditional 4 P’s approach and the customer centric 4 C’s approach for one of the above businesses. In your answer, illustrate how they differentiate themselves strategically from their competition2. Why do we say that is more efficient not to compete directly with existing products? What are the expenses that may be incurred when we do try to compete with them? 3. What are the advantages and disadvantages of segmenting according to traditional variables such as demographics, psychographics, behavioural, and geographic?Describe what you understand by market segmentation and why it is important to carryout segmentation for fire angels? What bases can you segment a market for a product like an umbrella? Discuss how you can measure effectiveness of a market segment that angels wouldwish to target?
- •Deluxe Chips is a leading company in the salty-snack industry with almost one-fourth of the $10 billion market •As consumer’s snack choices change, Deluxe Chips is considering a new product line of light chips •While it will be expensive to launch a new line, store specific micromarketing will allow Deluxe Chips to spend efficiently ?Design a marketing strategy for the new product line ?Critique your marketing strategy in terms of its strengths and weaknesses ?What are your suggestions for implementation of the marketing strategy?1. Define marketing.2. Does Marketing create or satisfy needs? Discuss.3. Identify and explain the six core aspects of marketing with real-world examples.4. “Marketing orientation provides mutual benefits to customers and company” are you agreewith the statement? Elaborate your answer with examples.5. Discuss the evolution of marketing orientations and identify the positives and negatives ofeach of the orientations.PLEASE answer CLO #2 CLO #1 - Identify, define, and describe key marketing components, product life cycle, 3Cs and 4Ps and corresponding marketing strategies. CLO #2 - Recommend solutions to marketing problems using appropriate concepts, principles, analytical techniques, and theories. CLO #3 - Summarize the relevance and application of concepts, principles, and theories used in marketing to contemporary events and global markets and evaluate marketing decisions.