n a business, how does consumers provide value to a product or s
Q: The value proposition which is customer focused is the result of
A: Value Proposition- It refers to the value a business promises to deliver to consumers, should they…
Q: What value(s) is/are promised in the value proposition in Fig. 3.1?
A: The value proposition is what an organization promises through the product. It is the promise a…
Q: In Kotler's marketing definition, what does "delivering value" mean?
A: Delivering value to customers is all about providing products and services which will satisfy…
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A: Introduction Market Orientation aims to make the organization more profitable, by enhancing the…
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A: A business entity that pursues a marketing concept can adapt effectively to its environment.…
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A: The value proposition is the solution offered by the company on the customer's problem. For this,…
Q: Considering the classification of goods and services, please fill in the following table with…
A: Goods refer to the material things that are wanted by human beings, which can be seen or touched.…
Q: In services the decision making and evaluation is different from goods? Explain in details how is it…
A: Service is defined as an intangible offer that is made by the seller to a buyer to fulfill theneeds…
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A: Consumers try to evaluate the products they intend to buy before making the final purchase decision…
Q: As a manager of a large clothing company, you are considering opening a new store in another parish…
A: Rational decision making could be a multi-step and linear process, designed for drawback-solving…
Q: T F The ultimate objective of business firms shouldbe to satisfy the needs of their customers.
A: When a company determines, how the products and services manufactured by them have met the needs and…
Q: Give an example of a unique value proposition for a food waste app
A: A unique value proposition is not just a brief statement about the company, but it describes what it…
Q: leit You are thinking about buying a used refrigerator. You find three are available. One is being…
A: Trade can be explained as the activity of selling goods, purchasing goods, services, assets,…
Q: In Kotler's definition of marketing, what appears to be the objective of companies for satisfying…
A: In Kotler's definition of marketing, what appears to be the objective of companies for satisfying…
Q: xplain how Silverlight and ASP.NET AJAX can be used by consumers?
A: Use of Silverlight and ASP.NET AJAX by consumers can be explained below
Q: an example of value model
A: A value model or customer value model (CVM) is the data-driven depiction of the capital, in the form…
Q: re not all goods really consumer goods, depending on how you define the customer? Discuss.
A: Customers can be referred to as those people who become the purchaser of the product offered by a…
Q: When the value of a loyal consumer (VLC) business segment is high, can quality products and services…
A: If a company's rating of a loyal customer indicator is high, it actually indicates that more…
Q: Companies address customer needs by putting forth a benefits that satisfythose needs. a set of
A: Needs and Wants are the two most studied terms in both the Economics and Marketing subjects because…
Q: If the women (30-40 years old) were your target market, what do they need?What do they want? What…
A: The targeted market for a company is the customers for which the strategies, policies, goals,…
Q: 1. Why people demand in beauty products. 2. Why people demand in food products.
A: Market Demand refers to the quantity of goods that consumers of a particular market are willing to…
Q: 1. As prices _____, they provide useful business intelligence. a. create incentives b. vary randomly…
A: Option A is incorrect, The reason is that price of business intelligence platform never create…
Q: Entertainment,connectivity and leisure are examples of core customer value. Select one: a. True. b.…
A: Customer value is how much the product worth to that customer for that price. Core customer value is…
Q: Does a firm have the right to “create” wants and try to persuade consumers to buy goods and services…
A: Yes. Wants are created by the firms artificially. The created wants will induce the customers to…
Q: 1. Individual and group factors influence consumer decision making and may eventually lead to repeat…
A: The stages that a customer undergoes while making a purchase for a particular product or a commodity…
Q: 1. Discuss the relationship of product and customer’s needs. 2. Discuss the relationship of price…
A: "Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: Collecting and analyzing customer data is imperative to ensure growth and can help grocery stores…
A: Big Data refers to the large volume of data whether structured or unstructured that engulfs the…
Q: To design effective marketing programs by devising appropriate recommendations for pricing,…
A: Marketing is the process of conducting market research, promoting the sales of the final goods, and…
Q: Consumer value can be defined as what the consumer feels they get as benefits in return for the…
A: Value for customers mean the things and utility that can be derived from the product or service…
Q: Identification. Give the term to what is described.
A: Marketing is the fulfillment of the needs of consumers through the right product and right price,…
Q: What is value and how is it determined and measured?
A: Value - It is the thing which is used to determine the worth which is related to something. It will…
Q: recommend 3 winning value proposition for a portable espresso machine
A: A value proposition is the promise made by a corporation to provide value to customers if they…
Q: Which of the goods below best represents a non-rival, excludable good? Select one: O A. none of the…
A: D A free outdoor cinema , is a non rival , excludable good , these are goods which do not have…
Q: As today’s consumers are becoming more health conscious, the demand of fitness centers (Gym) are…
A: Consumer decision-making refers to the steps that a consumer goes through while purchasing a product…
Q: -keting is managing profitable omers and to capture value from or trends and external forces t
A: Regular and everytime ,commercial center countenances emotional changes. As indicated by Richard…
Q: Is CRM a sales or marketing?
A: CRM is an effective strategy that helps the organization maximize its revenue and earn customer…
Q: There are five different core customer and marketplace concepts. 1. Customer needs, wants and…
A: The concept of marketing helps the firm to analyze the customer needs that increase company sales…
Q: Mostly customers try to buy products (1 Point) of lowest value in comparison to their benefit of…
A: The Customer perceived value can be defined as the value which a consumer perceives to receive form…
Q: Miniproject 1 Select a good that you, as a consumer, would like to purchase in the next week or so.…
A: There are many industries these days. There are the automobile industry, food industry, watches…
Q: Define the concept of customer lifetime value (CLV). What are your thoughts on this concept? Is it…
A: Customer lifetime value is an essential measurement for understanding your clients. It's an…
Q: Pick two product categories – one should be a physical good and the other should be a service. A)…
A: the definition of a product goes method on the far side being a object or a service. He defines a…
Q: Identify and describe at least three "needs" you have that could be satisfied for you through the…
A: Jigs, grips, and fixtures are utilized in assembling to guarantee that part parts can be created…
Q: Products which have unique characteristics will make a special purchasing effort... Pick the correct…
A: Consumer goods are final end products that reach the consumer for their use or consumption. They are…
Q: Which buying motive is illustrated in situations when a buyer goes to a store for window shopping as…
A: Recreation activities are related to entertainment and leisure and hence going to a store for window…
In a business, how does consumers provide value to a product or service?
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