Discuss about the concept of patronage buying motives involved in marketing.

Q: DEFINE THE FOLLOWING MARKETING CONCEPTS IN YOUR OWN WORDS: PRODUCT CONCEPT PRODUCTION CONCEPT…

A: The various marketing concepts are as follows: Product Concept: Customers prefer products that are…

Q: Define the term marketing mix (four Ps) ?

A: A marketing mix is a fantastic tool for developing the best marketing strategy and putting it into…

Q: Define the term marketing myopia?

A: Marketing can be referred to the processes, activity, or set of institutions used to create,…

Q: Discuss the market segmentation for consumer market?

A: Segmentation of the consumer market refers to the bifurcation of the target consumer based upon…

Q: What is the difference between the demographic and behavioral bases of market segmen

A: By focusing on such characteristics such as age, gender, income, occupation, and family status,…

Q: Discuss the cultural characteristics that can affect marketing decision making?

A: When the concepts like marketing mix, reasoning, abstract thinking are deliberately fluctuated to…

Q: How do elements of a marketing environment affect marketing decision – making

A: The marketing environment refers to the various factors that affect a business.  This also may…

Q: ntrast

A: Buying behavior implies procedures and actions that people/potential consumers engage in while…

Q: whats the common target market groups, their purchasing habits and the ways companies try to attract…

A: Target Market - It refers to a group of customers to whom the Company sells its product and…

Q: Describe two specific effects that marketing Organization seek to achieve through a successful…

A: Introduction :- A customer loyalty program is a marketing strategy that acknowledges and compensates…

Q: Describe social influences on consumer buying decisions?

A: Consumer buying decisions is the decision making process used by consumers while purchasing the…

Q: What is utility? how does marketing create differentforms of utility?

A: Utility refers to a term that means the total satisfaction derived from the consumption of…

Q: Determine three specific activities that a company can do to combat consumer distrust.

A: Customers are seen as a very precious element in any business as the overall success or failure of a…

Q: what is extended marketing mix

A: The extended marketing mix, also known as the 7Ps of marketing, is an expansion of the traditional…

Q: Explain the role of consumer driven market strategies for shaping the four types of consumer buying…

A: So we can say that where customer-driven marketing strategy is advertising to an identified target…

Q: Explain the importance of understanding the market-place and customers and identify the five core…

A: The idea of the market essentially rose up out of the idea of an exchange. We can characterize the…

Q: Give some reasons why contemporary marketing leads to a long-term relationship with customers

A: Marketing strategies aim towards enhancement of sales volume and customers based in the market with…

Q: Explain what makes aneffective marketing plan

A: A marketing plan is a type of report which outlines the firm's  marketing strategy for the coming…

Q: Define the term Relationship Marketing?

A: There are different organizations and industries that are active these days. There are different…

Q: Using AMA Definition of Marketing, Discuss at least three components of the AMA marketing definition…

A: Understanding the structured relationship that takes place between organizations and their customers…

Q: Describe the characteristics of a market orientation.

A: Market orientation is a concept of marketing where the marketers give priority to the identification…