Think of a company of your choice, which involves in trading mobile phones. Explain the various approaches used in segmenting markets and also describe how the marketing mix is used to position your products in a market.

Q: Outline how the development of existing products or services can provide marketing opportunity…

A: Ansoff Matrix is one of the most commonly used strategic tools which was developed in the year 1957…

Q: Create a simple marketing plan and budget for the launch of a venture, using the 4 Ps of marketing.

A: The four Ps of marketing are the most important considerations when selling a product or service.…

Q: Using the "intended use" term explain how Nike or Ford Motors also sell to business markets.

A: The selling concept, which is an element of marketing management, is one of many concepts that…

Q: five approaches that the online marketing manager of Pick n Pay can use to engage customers. NOTE:…

A: Marketing is very important Activity along with production for any company. It helps to increase the…

Q: What is the role of CRM in multi-channel marketing and omni-channel customer support? How can…

A: Customer Relationship Management (CRM) plays a pivotal role in multi-channel marketing and…

Q: a simple marketing plan and budget for the launch of a entertainment venture, using the 4 Ps of…

A: Marketing have lots of activities going on to build customers for the company. This customers will…

Q: How can a firm utilise internet marketing to attract new clients to its online store??

A: The term internet marketing refers to marketing that takes place entirely online. To put it another…

Q: Interview the manager or marketing manager of a retail firm. Determine how this individual develops…

A: We can say that where marketing managers play a crucial role in helping a business to promote and…

Q: Identify various strategies for segmenting a market, which then will be used to choose one strategy…

A: Market segmentation is a marketing strategy that involves dividing a broad target market into…

Q: Which markets are you targeting with the creation, testing, and maintenance of your web app, and…

A: I am using Google Docs as a web application in my answer. Google Docs is a cloud-based word…

Q: Distinguish between the three basicstrategies for reaching target markets.

A: Target markets consist of customers who will be more attracted to buying the company's offerings. So…

Q: Identify and describe ANY FOUR (4) external factors to direct distribution and support your answer.

A: Direct distribution involves supplying the goods directly to the consumer without the help of any…

Q: Marketers use several segmentation categories and various variables within each category when…

A: Market segmentation is the strategy of dividing the market of potential customers into groups or…

Q: What is a marketing intermediary? What is the intermediary’srole?

A: A corporation will typically go through several channels of distribution to get a finished product…

Q: Marketers usually classify products and services further based on how consumers go about buying…

A: No two products are same and no single marketing strategy can work for all the products. Depending…

Q: Describe the tools B-to-B marketers use to engage customers

A: Customer engagement refers to continuous interaction between the customers and the firm through…

Q: Explain the selected marketing channels for your smartwatch company. Discuss the factors that…

A: **2. Social Media Platforms**: Focusing on Instagram, Facebook, and Twitter to engage with a…

Q: be the concept of the marketing funnel and its stages, including awareness, consideration, and

A: The marketing funnel is a critical part of the marketing process and outlines the most…

Q: Explain the necessary requirements for effective market segmentation, including the criteria that…

A: Market Segmentation- It is the process of dividing or distributing the target market into smaller…

Q: Explain how CRM systems contribute to the management of complex customer relationships in B2B…

A: CRM systems play a significant role in managing complex customer relationships in…

Q: Marketers need to know their customer profiles. What is the ideal customer’s profile? We need to…

A: The customer profile is important in marketing because the customer profile gives various…

Q: explain why is it important for a company to choose it target market early in process of launching…

A: Launching buisness needs a formerly done strategic plan, settled goods, performance management and…

Q: o move their products through the distribution channel from the point of manufacture to the point of…

A: The product life cycle starts from its inception through manufacturing to the point of consumption,…

Q: Identify the four general types of organizational buying center cultures, and explain how these may…

A: The buying center refers to the group of people in an organization who are responsible for taking…

Q: an example of a specific United States company that uses couponing in its marketing strategy.

A: When buying products through the web, so few people expect to pay the full price. With several…

Q: At the last Linking the Concepts, you segmented the U.S. footwear market.  and select two companies…

A: Segmentation is a marketing strategy that is used to classify customers into various target groups.…

Q: Describe in the simplest terms possible how segmentation actually operates. How does it differ from…

A: Segment- A segment is a part of a company that develops its own revenue streams, product offerings,…

Q: A sunglasses retailer is trying to determine if there is a significantmarket for its merchandise in…

A: Market research is one of the most important element required for making a company successful. It…

Q: Can you identify specific companies, other than the examples already mentioned, that practice the…

A: Market segmentation is to group people with respect to similar attributes. It allows us to target…

Q: Explain in broad terms the main steps of the segmentation procedure. The method by which it operates…

A: Segmentation refers to the process of dividing a larger data structure or memory into smaller, more…

Q: Explain the differences between undifferentiated, differentiated, concentrated, and customized…

A: All companies and their marketers use different strategies to market their products so that they are…