Search goods allow buyers to find information and choose among them prior to purchase. true or false?

Q: Define marketing research and its importance to decision makers.

A: Every company will need to take many decisions in various department to work smoothly. Data is very…

Q: What is meant by comparison discounting?

A: Determining the present value of a future payment or stream of payments is known as discounting.…

Q: Explain door-to-door selling.

A: Door to Door Sale: A direct sale from door to door is known as a door-to-door sale. Sales…

Q: Explain Markup Pricing?

A: Pricing methods are the techniques used to determine the final price of goods and services by taking…

Q: Let's choose a product, then analyze PRODUCT COMPENENTS (everything customers think about before…

A: Let us consider the case of a smartphone, which a customer is willing to purchase. The different…

Q: Explain The Cost Determinant of Price?

A: The price is a section of the marketing mix that is of great concern for both the consumers and…

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: What is value?

A: A customer is a person who will take part in the exchange the company. Every customer will have a…

Q: What is SWOT analysis and why is it important?

A: Every person or a company will have certain goals in mind for which it will try to strive for. For…

Q: techniques we can improve communication in organization?

A: Communication is a vital part of anyone or business. If the goal is to tell the employees about new…

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: Explain the decline stage?

A: Product life cycle brings the idea of managing various stages that a product experiences from its…

Q: What is Uniform delivered pricing?

A: It is a type of estimation in which the consumer has the choice to acquire at the same price…

Q: While driving influencer marketing manager for a startup Fintox (www.fintox.com) which aims to drive…

A: Influencing marketing is a hybrid marketing strategy that includes the combination of both old and…

Q: Describe the development of a marketing plan.

A: Marketing gives the framework which is used to target, reach and persuade customers to buy the…

Q: Customers are more aware when they consider the price as a loss instead of a gain. a. price framing…

A: Pricing Strategy should be created with utmost caution as it is the most significant strategy for…

Q: What does the purchaser of a product obtain besides the good, service, or idea itself?

A: A product is known for its distinctive features and functions which has the capability to satisfy…

Q: 5____. Batteries only carry every type of battery you can imagine, from autos to watches. This is an…

A: Business expansion and growth are significant for the survival of operations and activities. Today,…

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 is Price skimming?

A: Price strategy deals with all steps and course of action which is performed to allocate a desirable…

Q: What is Yield Management Systems?

A: Greater understanding allows you to meet the needs of your target market better and, as a result,…

Q: 2/ List and discuss the major bases for segmenting consumer and business markets. (Market…

A: Market segmentation is the division of splitting a marketplace among varied identical segments of…

Q: and Comparison Questions: For each question, provide an explanation of the marketing terms , compare…

A: Company is created under the law when group of people come together with a common objective. These…

Q: What is Basing-point pricing?

A: Pricing is a psychological concept which helps the company to bring profits in the company. It is…

Q: What is the difference between superstores and super markets?

A: The place of products and service availability for end-consumers is known as the market. It has both…

Q: What is the impact of the Extranet on marketing?

A: Concept Of Extranet - Extranet, is a kind of concept, which is defined as the controlled private…

Q: When assessing actual performance of a marketingstrategy, should a marketer perform marketing…

A: Marketing performance measurement has to be a rational extension of planning and budgeting. Various…

Q: Job specification for a teller in a retailer market

A: The Teller is usually the first person you meet when you enter the retail market to deposit money,…

Q: Under what conditions would a business most likely decide to employ one of the differential pricing…

A: Pricing is one of the most important tool with a company. It will help the company to increase the…

Q: Explain the STEPS IN SETTING THE RIGHT PRICE ON A PRODUCT?

A: Pricing means fixing a price for a product or service at which it will be sold in the market and…

Q: Explain Supply-chain management.

A: Supply-chain management is a long-term collaboration between channel members to create a…

Q: Company Name: Floward (flowers Market) Create a campaign for your company to launch, starting…

A: As an increasing number of businesses embrace the digital expansion of their brands and products,…

Q: Explain what a communication channel is and list the many kinds of communication channels that…

A: In the current business world, marketing and promotion is of great importance. With proper marketing…

Q: Define marketing.

A: Whenever new products  or service are manufactured or experimented they needs efforts to make them…

Q: What is FOB origin pricing?

A: Anyone who has taken the responsibility for items destroyed or those which are damaged while in…

Q: What are charesteristics of perceiver?

A: The perceiver's personality and point of view have a significant impact on social perception. A…

Q: Describe the concept of intellectual ownership in relation to primary and secondary research

A: Both data custody and data responsibility are included in data ownership. Power and control come…

Q: Describe how analyzing organizational resources and the marketing environment can help…

A: The purpose of the company can be better understood with the help of resource analysis. It also aids…

Q: Identify the legal constraints on pricing decisions?

A: Legal changes include the introduction of new policies or making any law redundant for the…

Q: Why it is important to study consumer behaviour?

A: Introduction Consumer behavior defines the Consumer activity on the market. It reflects the factors…

Q: What conditions must exist before a marketingexchange can occur? Describe a recent exchange inwhich…

A: Marketing can be explained as the field of management that includes the creation of needs. Marketing…

Q: Explain the benefits of the Promotion Strategy?

A: The intended audience determines the promotional mix. Publicizing, individual selling, and deals…

Q: Brand loyalty behaviour is generally: a. Common, but buyers are seldom completely loyal to a single…

A: Consumers' favorable associations with a brand or product are referred to it as brand loyalty.…

Q: What is the difference between an exclusive distribution and intensive distribution?

A: Many manufacturers do not sell products or services directly to consumers; instead of relying on…

Q: Explain Value Is Based upon Perceived Satisfaction?

A: Customer perceived value is an important marketing term that influences how marketers advertise and…

Q: Explain the Distribution Strategy?

A: Distribution strategy is the process in which the companies make available the products or services…

Q: Explain some of the principles used in the selection of secondary sources, including Internet and…

A: Any kind of activity or exercise performed to collect information regarding the customers and…

Q: What are four dimensions of social responsibility? Whatimpact do they have on marketing decisions?

A: The responsibility of a firm to do no harm to society is referred to as social responsibility. The…

Q: Define Price shading?

A: Price is important because it can influence whether or not a customer buys a product. After all,…

Q: What are the benefits of Two-part pricing?

A: Pricing determines the amount of money a manufacturer will get in return for services and…

Purchase Process

Purchasing refers to the act of procurement of products or services from a market of resources. The procedures used to accomplish the acquisition of the requisite resources are referred to as the purchasing process. Consumer behavior, customer strategy, product pricing, consumer necessity, and other variables are various parts of the process.