Q: Define target market.
A: Marketing ensures that product information and product reaches to customers who wants to consume it.…
Q: Why is a company's strategic map important to create
A: Every company is a collection of individual factors in a value chain that leads to results and…
Q: What is Price competition?
A: Features of competition: 1.Competition is a never-ending cycle. It occurs constantly, whether…
Q: Why line extensions are more common than new products?
A: Product- It is any item or service that a company sell to serve their customer's needs and wants.…
Q: What is meant by total revenue?
A: Revenue is the total amount of money a company earns from selling products and services at a set…
Q: What is meant by an adversarial relationship?
A: Negotiation is a strategic discussion that associates with an acceptable issue for both parties.…
Q: Why brand insistence is the least common level of brand loyalty?
A: A brand can be defined as a collection of tangible and intangible characteristics used to build…
Q: What is the Cooperative Relationship Strategy of Tesla?
A: Success for any organization is unattainable only based on a good quality product. Yes, No matter,…
Q: Explain the process of inventory management.
A: Distribution process oversees the stages of product delivery so that customers feel happy and…
Q: How to Set a Price on a Product?
A: Product is the major elements based on which marketing mix elements are developed for generating…
Q: Differentiate between direct marketing and catalog marketing.
A: Marketing has the company to retain customers and build customers. There are very as areas in…
Q: What is a brand extension?
A: Branding is undertaken for the purpose of building and creating an identity for the business or…
Q: Distinguish between a marketing information system and marketing research.
A: A systematic study of a problem is conducted to establish facts and draw conclusions. Because…
Q: Why pricing strategies are flexible during the maturity stage?
A: Product Life cycle is said to life cycle which is present in a diagramatic form to get clear…
Q: What steps are performed before a product’s price can be set?
A: Product Pricing: Product pricing is the process of converting a product's value into a numerical…
Q: What are the reasons that Producers sell directly to consumers?
A: There are four channels of distribution. 1. Direct selling2. Selling through intermediaries3. Dual…
Q: Explain everyday low prices (EDLPs).
A: Price is the monetary value paid for a product in a marketing exchange. It could also be things you…
Q: What are the Factors That Affect Elasticity?
A: Price elasticity of demand can be denoted as the quantity demanded of a product based on the change…
Q: What are the Objectives of sales-oriented Pricing?
A: Price is important because it can influence whether or not a customer buys a product. After all,…
Q: nization markets its products to di cations strategy tailored to suit the being used? erentiated…
A: The option "segmented" is the correct answer Reason- The segment/differentiated marketing is…
Q: ns and priorities in recruiting and hiring the right people for one’s business?
A: Sources of recruitment: 1.When a position opens up, it can be filled by promoting an existing…
Q: An effective policy to reduce a trade deficit in a small open economy would be to:
A: D) is correct answer. Increase taxes . An effective policy to reduce a trade deficit in a small open…
Q: What does symbolic associations of a brand means?
A: Brand: It demonstrates the company individual or product (service) recognized by those who escapade…
Q: What is meant by Brand equity?
A: Indeed, many businesses are frequently referred to by their brand, which means they are frequently…
Q: Explain functional modifications of the product.
A: The products are main item which brings sales revenue and profits for the business. It means the…
Q: Define Non-price competition.
A: Competition in market is said to be inevitable which means it cannot be eliminated but could be…
Q: What are generic products?
A: Product is most essential items which would bring both brand image and sales revenue to the…
Q: write an introductory part for swot analysis emphasizing the ecofriendly tote bags.
A: For a business to grow and sustain, it should be very well aware about it's strengths, weaknesses…
Q: What is the difference between place utility and form utility?
A: The economic utility can be defined as the total amount of satisfaction gained from consuming a…
Q: •Evaluate current real estate Web sites. How do they perform these functions online? •Outline…
A: Current Real estate web site for example 99acres.com. In alternate model while bypassing the broking…
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: What other techniques would you suggest Mittelstaedt use to motivate his employees, and why?
A: Ans. Introduction In the event that you've attempted an assortment of impetuses yet are as yet…
Q: What is product differentiation?
A: Product differentiation is a marketing strategy that encourages consumers to select one brand or…
Q: a significant increase in the number and variety of online courses has been observed in recent…
A: With the digital revolution and also the unbelievable usage worldwide web, our lives have become…
Q: Which is most important to Huy Fong’s segmentation strategy, and why?
A: Huy Fong's Food Inc. is a California-primarily based totally organization that sells Sriracha sauce.…
Q: What are the benefits of Internet Auctions?
A: You've probably gotten used to ordering products online and delivering them right to your door.…
Q: What is the impact of the Internet on marketing?
A: The internet platform offers several media options for advertisers to conduct their marketing…
Q: What is the Effect of Price?
A: Price is important because it can influence whether or not a customer buys a product. After all,…
Q: Why a buyer’s purchasing decision is affected by sensory stimuli?
A: Consumer decision making: It illustrates a procedure that involves the customers recognizing or…
Q: Define FOB origin pricing.
A: Marketing mix is said to the tactical tool which lays down the comprehensive plan for promoting…
Q: 7_________Joshua majored in entrepreneurship and computer science in college. After graduation, he…
A: Any organization is surrounded by several external and internal factors which can be either…
Q: Name the categories of wholesalers.
A: A wholesaler is one of the significant elements of the product supply chain. A wholesaler is a…
Q: Explain the process of labeling of products.
A: Labelling and packaging are concepts of marketing and branding. Attractive labeling and packaging…
Q: Name the different channels of distribution generally are used to move consumer and business…
A: Distribution is said to procedure used to spread the product in different market places at different…
Q: What are the benefits of successful new products?
A: You must balance the necessity and difficulty of new product development as a company to maintain…
Q: Define Intensive distribution.
A: The distribution of goods can be elucidated as the activity or chain of delivering the finished…
Q: Explain The Importance of Price to Marketing Managers?
A: Marketing managers have the duties and responsibilities for development, implementation and…
Q: What is Escalator pricing
A: Price is important because it can influence whether or not a customer buys a product. After all,…
Q: Explain customary pricing.
A: The practice of pricing is challenging for the business as it requires accurate understanding of…
Q: Explain the five types of discounts for business products.
A: The discount and allowance facility is particularly important in the selling and distributing of…
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- What is segmentation bases (variables)?What types of affective responses to the Ralph Lauren advertisements and retail displays might be created by consumer's affective system?How has the corona virus affected the clothing/accessory preferences of people?If it has affected the preferences will you call it a fashion choice or otherwise?