Which environmental factors plays a vital role in selling the product or service in the market? Explain any two factors in detail with an example.
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Which environmental factors plays a vital role in selling the product or service in the market? Explain any two factors in detail with an example.
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- In a business, how does consumers provide value to a product or service?As a consumer of goods and services, provide an example/story of when a product or service did not meet expectations or needs?Create a list of potential target markets of different companies whether it offer products or services then discuss.
- Discuss the five marketing orientations under which organisations design and carry out their marketing strategies. Select a retail outlet near your area and evaluate which one of these five concepts the company is adopting. Justify your answers.How does sustainability affect consumer involvement ?Discuss the social influences on consumers and provide an example such as food and explain how one or more of these factors impacted a product or service purchase you made recently.
- What is the main goal of a company that serves a specific community need?What are the effects of doing business via online in consumer selection of products/services?List and briefly describe 4 variables from the external marketing environment. Provide a brief description of how each of the variable that you list may be able to influence marketing decisions. For example, if you include "technology" as one of your variables from the external marketing environment, you could describe the manufacturing of micro chips that are in many of the products that people use daily, i.e., the camera in your vehicle that shows you what is behind you when you back up uses a micro chip. Many chips are manufactured internationally. Recently, Congress supported legislation that enhances production of micro chips here in the United States. Accessibility to micro chips, enhanced product features, such as rear view alerts for drivers, also enhances product development and innovation. All of the example impacts several aspects of marketing. Then, in your answer, you would list at least two aspects of marketing that can be impacted based on the information in the…
- How can organizations establish a sustainable service marketing strategy? How does the introduction of partnerships help create service marketing competitive advantage?Understand value from the perspectives of customers. producers, and societyDescribe is the difference of Subway Fast food chain from the competition in market. You may select an attribute important to the consumers (you are considered as their customer) and elaborate why you use this product or avail this service. Also, describe a main target market and discuss why they are the appropriate segment to target. Share what you think is the value proposition of your chosen product or service.