What are the five components associated with the cost ofachieving customer service standards in a physical distribution system?

Q: A 100 years old brand how change his positioning strategy, 10 strategy at least ?

A: Recognize your immediate rivals. Comprehend how every contender is situating their image. Contrast…

Q: What is integrated marketing communications, and why is it becoming increasingly accepted?

A: Integrated marketing communication is critical for business-to-business marketing and direct…

Q: Identify the three types of contractualmarketing systems.

A: The middlemen such as wholesalers distributors agents and brokers are important parties in a…

Q: Please explain (a) the definition of employer branding and explain the concept in full (100 words or…

A: Every company need skilled employees to perform their regular operational and managerial tasks. No…

Q: Describe an example in which marketing research could cause harm to participants. Many companies…

A: Marketing research firms should perform their research in a morally responsible manner. While…

Q: Discuss how companies differentiate and position their products for maximum competitive advantage.

A: Competitive Advantage- The factors that allow a business to manufacture products and services in a…

Q: Understand how supply-chain management facilitates partnering among channel members.

A: Supply chain management (SCM) is optimizing the creation and flow of a product, from raw material…

Q: What is idea generation? List and explain the sources of new product ideas.

A: A good idea can strike you out of nowhere at times. However, relying on these once-in-a-blue-moon…

Q: _______ The result of dividing current assets by current liabilities.

A: The balance sheet is divided into two parts: the assets and the liabilities. Assets are objects…

Q: What are the four common types of publicity?

A: Every company will require marketing to create a Buzz in the market about its product. This is done…

Q: It's important to know what a service is and how it works.

A: Service marketing is a method for increasing end-customer value by promoting and showcasing a…

Q: Questions: (cite your sources) 1. If given a chance to help Mr. Abad with his plan, what would you…

A: Segmentation and targeting are most important activities in marketing. Segmentation is to divide…

Q: Suppose you were potential market_

A: A cultural analysis lays focus on social and cultural aspects of a market or human life, the way…

Q: Group of answer choices Toyota sedan VS Chevrolet sedan           Direct             Indirect…

A: In economics, competition is described as a company's attempt to become the industry leader and grow…

Q: Jimmy knows that I studied marketing and needs my help. He needs to identify competitors and asked…

A: Market competitors are defined as those firms/businesses dealing in the production or trade of…

Q: What are the major elements of a promotion mix?

A: The fourth of the four P's of Marketing Mix is promotion, which focuses on raising client awareness…

Q: Why have companies moved away from mass marketing and toward target marketing? Outline the steps in…

A: The difference between targeted and mass marketing is simple: mass marketing tries to reach as many…

Q: Describe business activities that affect a firm’s cash flow.

A: Every business will require additional funds from time to time. The key to improving your cash flow…

Q: Discuss how lifestyle influences consumers’ buying behavior and how marketers measure lifestyle.

A: Lifestyle surely influences consumers buying behavior, two people with different lifestyles will…

Q: Your average sale is $1000 with a 50% profit margin. Last year (2020) you had 100 returning…

A: Customer Lifetime Value: A forecast of the net profit created throughout the length of a customer's…

Q: Under what circumstances (or when) should a product be standardised when exported to another…

A: Standardization is a set of agreements that all relevant stakeholders in an industry or company must…

Q: Explain how product features can be used to create differentiation in the market.

A: Ans. Introduction Product differentiation is a marketing strategy designed to distinguish a…

Q: ._______ Digital audio or video files that people listen to or watch online.

A: Use of digital media in business has been increasing upto a greater extent. Digital media can be in…

Q: PRACTICE EXERCISE 2 . Formulate assertions based on the words given in each number. Follow the type…

A: In the given fill in the blanks questions we are asked to provide statements of preferences and…

Q: What is big data, and what opportunities and challenges does it provide for marketers?

A: Bigdata is a term that refers to a large collection of data that continues to grow exponentially…

Q: If you are to give your assessment on the value of AI in business strategy, at what ratio (example,…

A: * Introduction - Before diving deep and understanding the ratio of Artificial intelligence and…

Q: Are there ways that you can use social media to promote products and services and reach out to your…

A: Social Media Marketing- The use of social networks and social media to market a business's products…

Q: . Identify and give examples of the three major types of salespersons.

A: A salesperson represents his company to the outside world like an ambassador. He leaves a lasting…

Q: Give an example of a product of Artificial Intelligence Name of the product description features…

A: Artificial intelligence (AI) refers to a computer's or a robot's ability to do tasks that would…

Q: Discuss branding strategy—the decisions companies make in building and managing their brands.

A: A brand is an intangible marketing or business concept that allows people to recognize a company, a…

Q: What is environmental sustainability and why has it grown in importance for marketers?

A: Business environment includes various factors which affects the company in positive and negative…

Q: Explain how the market structure and demand differ for business markets compared with consumer…

A: Marketing has the perspective of product promotion through medium of relationship management with…

Q: of the following ce of the market Choice Marketing must c

A: Marketing is the fulfillment of the needs of consumers through the right product and right price,…

Q: What are the major differences between consumer and trade sales promotion methods? Give examples of…

A: The goal of both consumer and trade sales promotions is to increase revenue. Still, consumer sales…

Q: To find out, what are the benefits of having a technology strategy

A: * Introduction - The technological strategy are the organizational strategies that are based majorly…

Q: Screening is the first step in new productdevelopment.;True or False

A: Product is the manufactured item that is developed for the selling purpose. Product has two…

Q: Group

A: The answer to this question is being given below;; 1)Attracting many new customers who are light…

Q: Describe how marketers manage service differentiation, other than through pricing, and describe an…

A: The design and delivery of a service to have unique and valuable characteristics in comparison to…

Q: Describe the four types of marketing channelsand the roles they play in marketing strategy.

A: Marketing is the activity of promoting products and services by means of different channels. It…

Q: ._______ Allows users to upload multimedia content including photos, videos, and podcasts

A: There are various marketing strategies, through which, marketers sell products and increase profits…

Q: In what circumstances might a large corporation sell stock rather than bonds to obtain long-term…

A: A corporate bond is a written promise by a company to repay a specific amount of money plus…

Q: Jasmine is a mother of three children, ages 6 months, 2 years, and 3 and a half. Jasmine makes…

A: An individual is faced with tough decisions which change the course of life after being taken. There…

Q: Contrary to conventional wisdom, banking can be both fair and profitable-in fact, fairness can be a…

A: The case scenarios highlight the aspects related to the delivery of financial services and how…

Q: What are the four major factors contained in the definition of e-business?

A: Social media is said to online interractive channel for users to get connected. It is used for…

Q: Understand the fundamental models of e-business.

A: E-commerce is said as online buying and selling while e-business involves online business…

Q: commerce, list the 5P's of marketing and give example for each

A: Marketing mix is an important tool and framework with which the marketer will take important…

Q: What product can we develop to generate a discharge face mask and face shield that will be good and…

A: According to experts, reusable cloth face masks are a more ecological option than single-use…

Q: Is the job of a local marketing manager any different from that of an international marketing…

A: Yes. The jobs of local marketing manager is very different from that of an international marketing…

Q: __________A customer who consistently buys Sony televisions whenever he or she needs to replace his…

A: Customer Loyalty- An ongoing emotional relationship between the company and its consumer describes…

Q: What are institutional differences between the UK and the emerging markets where Specsavers Ltd…

A: Institutional differences refer to the presence or absence of a presidential system, the legislative…

Introduction to service marketing

Organizations that provide products or products to their consumers use service marketing to enhance brand recognition and revenue. In contrast to product marketing, service marketing promotes intangible transactions that add value to clients. Advertisers utilize efficient service marketing methods to gain client trust and demonstrate how their product may benefit them. Service marketing is interaction and value-based marketing.