Q: What are the risks associated with backdoor (individualist) buying and selling?Why is Procurement…
A: Backdoor buying and selling is practice of purchase between suppliers and customers that goes…
Q: How do you measure marketing investment?
A: Promotions are an important constituent of the marketing budget of an organization, and thus it…
Q: What is Marketing? Why is it important in the firm or business
A: Every organisation create products and services which cater to the needs of customers. These…
Q: How do companies use target markets to sell products?
A: The selection of the target market is the second stage in the marketing planning process. This step…
Q: Explain the term Target market?
A: For a business to succeed, it must have the customers needed to buy the product or service it…
Q: Is Service Marketing Different From Product Marketing? Discuss pros and cons in detail with suitable…
A: Marketing refers to the process of managing a product/service or both such that customers purchase…
Q: How should marketing managers view the consumer, and how will this view of the consumer help them to…
A: consumer behavior is the study of individual and group of customers, how they make the buying…
Q: If you were to practice, what are some ways by which you can increase the market's demand for your…
A: Ans. Some products demand fluctuate seasonally. During the mean season, a sedate and basic technique…
Q: The Federal Trade Commission and other governmental agencies have been both praised and criticized…
A: The main purpose of the FTC agency is to protect customers from unfair trade practices. It gives…
Q: what are potential consumer responses to service pricing or policies that are perceived as unfair?
A: Pricing the process to every organization to set or fix the price of the its products or services…
Q: Why setting prices for business products is different from setting prices for consumer products?
A: Prices are the monetary value side by the company on the products and services as a part of exchange…
Q: Discuss how marketing mix can be utilized to achieve overall marketing objectives?
A: The marketing mix is an activity that an organisation performs to promote its products and services…
Q: in details, discuss marketing advantages and disadvantages.
A: Marketing can be described as the process which a company undertakes to promote the sale and…
Q: What are the potential risks if the marketing mix is not considered?
A: Risks are present everywhere. Some of the risks can be predicted and can be avoided. But some risks…
Q: What is marketing return on investment?
A: Return on marketing investment is the commitment to benefit from showcasing, partitioned by the…
Q: List the Primary Laws that affect Marketing?
A: There are certain conflicts that arise when the laws are misinterpreted by the marketers or when the…
Q: What is the purpose of determining market viability?
A: Viability means the ability to survive. In business situation, that ability to survive is connected…
Q: Assume your company makes Laptop and Computer products. Make a list of all the companies that could…
A: A Market can be described as a place where free trade of products takes place. It can be referred to…
Q: Can you market unsought goods?if so, how?
A: A product that consumers are unfamiliar with or are not interested in actively purchasing is known…
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: Consumers are therefore paying more than the actual cost of a good. How do you feel about this? Do…
A: Take, for example, grocery stores. They conveyance large amounts of goods to a site where a person…
Q: Are consumers likely to respond to in-store price reductions?
A: Retailers is the individual or group business operations where they close work with customers by…
Q: How street foods initiating price actions?
A: The pricing is the methods where business are seen as making evaluation of different market factors…
Q: Describe the three important marketing concepts you learned about in this course.
A: Disclaimer: Since you have asked multiple question, we will solve the first question for you. If you…
Q: What are the main tools of marketing?
A: Marketing refers to activities perform by businesses like market research and advertising in order…
Q: What does Marketing or selling costs include?
A: The process of creating new products, exchanging and communicating the ideas, delivering the…
Q: What other issues beyond the market and the economy must marketers consider when setting prices?
A: Factors to consider when setting price Pricing is one of the most challenging aspects of running a…
Q: What is a “megatrend”? Briefly describe five megatrends shaping the consumer landscape
A: Social media is a digital platform for people to interact with each other through the internet.…
Q: How is service marketing different from product marketing? Explain and Give examples
A: The value proposition is the solution offered by the company on the customer's problem. It can be in…
Q: What is the landed cost? What is a market boundary? Why are landed costs important in determining…
A: Landed cost is referred to as the total price of the product once it arrives at its destination…
Q: What has my company done in the past with its: Target markets?Products? Pricing? Promotion? Supply…
A: The marketing mix is a model used by the marketers to organize the components of marketing into 7…
Q: How do companies build loyalty among their customers? Give specific examples.
A: Loyal customers are the most valuable asset for any brand of the company. A loyal customer will…
Q: What is certain demand?
A: Marketing examines the needs and wants that are prevailing in marketing. It calls for marketing…
Q: What factor should a supply chain manager must analyse before devising a marketing channel for any…
A: Customer and dealer analysis will provide information on the number, type, location, buying habits…
Q: What are the external factors that could influence in the market?
A: Factors which occurred outside of the organization but still makes an impact in the organization are…
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