is often considered tobe the final part of themarketing mix and it requirescareful business planning andmanagement because it canbe very expensive. *9.PromotionProductDistributionPrice

First, let us understand the meaning of Marketing Mix. Marketing Mix is a comprehensive marketing…

Answered: is often considered to -- be the final…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Similar questions

Explain what a wholesaler does. How does this benefit the retailer? How does this benefit the manufacturer? Discuss the four possible elements of the promotion mix.
please explain in your own words without following plagiarism i will definitely upvote
Why would retailers risk violating any of the legal issues discussed in this chapter, such as predatory pricing, price fixing, deceptive pricing, bait and switch, or discriminatory pricing? Explain your respond.
Suppose someone said to you, “The only real mea-sure of a salesperson is the amount of sales pro-duced.” How might you respond?
1. Many companies offer customers various discounts from their normal or list price to entice them to buy. Discuss and give example the main types of discounts offered by the company. 2. Should the salesperson mention a discount at the beginning, middle, or end of a sales presentation? Why?
Why don't brands like Lamborghini, Ferrari, Rolex advertise on TV?How do brands like these become the best in their field without ever advertising?Write an 800-word essay by researching cause and effect. (Sir, this homework is very important, I will be very happy if you give importance to it)
Test marketing plays an important role in providing an opportunity to test a new product or a new marketing plan under realistic market conditions to measure sales or profit potential. However, it is an expensive procedure because it involves so many aspepects , for instance, developing local distribution, arranging media coverage and monitoring sales results. Your boss is concerned about where to conduct Test marketing for the new product. describe a detailed presentation during staff meeting to explain what the company should consider before selecting where to conduct Test Market.
Effectively managing the sales function is a prerequisite for success in business markets. Thus, practitioners are increasingly interested in improving the performance of their sales function. Explain the five level of products , provide critically explanation and with examples.
Marketing can be identified primarily as the activities of advertising and personal selling. a)True b)False
Share three selling approaches you would deploy in your sales team if you are the sales manager. Which is your favorite approach - List the selling approaches and explain how it works.
Should cost be a factor in Carmex's prices? What do you think is a reasonable markup for Cannex and for its retailers?
1) They organize their activities to connect with the buyer all through undeniably tricky buy travel 2) They outfit enthusiasm for their brands by syndicating content that enables the buyer to assemble his or her particular promoting character and, all the while, to fill in as a brand diplomat 3) They perceive the need to have a similar outlook as a substantial scale mixed media distributor as they deal with a stunning increment in the substance they make to help items, fragments, channels, and advancements At last, these advertisers deliberately plot how to assemble and utilize the plenty of advanced information now accessible Can someone help me explain the challenges American Express has with their current sales strategy

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is often considered to -- be the final part of the marketing mix and it requires careful business planning and management because it can be very expensive. "