Would there be any additional marketing effort necessary if a producer created a new product and offered it exclusively online.  Why or why not?

Q: What are the various options to radically change the product or toadjust either the promotional…

A: There are various organizations and industries that are manufacturing different kinds of products…

Q: What factors will increases demand of a product? What factors will decrease demand of a product?…

A: Economics focuses on the distribution and production of goods and services. Economics is the study…

Q: What is the benefit for: the organization, the society or the consumer in terms of marketing after…

A: The advantages of marketing after the introduction/discovery of a new product in the market could be…

Q: How might you "ask customers not to buy"?  Give specific examples of how you have either developed…

A: A person can ask customers not to buy as a strategy by differentiating his products with the rivals…

Q: What product do you want to sell?, make a tagline for your chosen product?, who is your market…

A: Tagline refers to the short text or catchphrase that communicates the message of the brand or…

Q: Would current customers benefit from the product?

A: Business analysis is a test to evaluate a new-product idea, usually before any prototype has been…

Q: What factors lead to satisfaction with our product?

A: Customer or consumer is anyone who purchases a product or avails a service from the…

Q: An online store posted on their website a product for a lower than usual price. No promotion or…

A: Sometimes while posting the prices in the online platform the company owners name face some backlash…

Q: What are the ways of arriving at the price of a product?

A: 1. Know the market: The company needs to find out what customers are looking for, also what the…

Q: What is the specific purpose of an acceptable use policy?

A: All business organizations and many other institutions always work upon some basic rules,…

Q: marketing plan be created for each and every product under a single brand or should the marketing…

A: The marketing plan is basically for the specific brand and the products and services under that…

Q: Identify a product important to you that you purchased where you felt that the seller had done a…

A: Disclaimer: The solution is authored from a general perspectiveCustomer happiness is crucial for…

Q: How do switching costs impact the danger of a powerful buyer?

A: Switching costs incurs when a customer switches suppliers. The switching costs may be direct—like…

Q: Who would you consider as stakeholders for the poster exhibition

A: The four constraints can be associated with a poster exhibition event as well.

Q: Critical Thinking In general, professional selling has evolved from hard selling to relationship…

A: Marketing and sales have evolved in so many different ways in so many years. In the earlier years,…

Q: Where would an existing product with new features marketed for a totally new purpose fit into your…

A: The product development process includes all the steps required to take a product from idea to…

Q: Personal selling involves an understanding of how to handle objections of potential…

A: Let's consider a product/service that could be sold through personal selling: a high-end fitness…

Q: Choose a new product that you have purchased.  What did you think about prior to purchasing the…

A: Customer purchase Process are important to understanding how to market new product for adoption.…

Q: A company may have many Customers depending on it size and industry in which it operates. Explain in…

A: Nike - It is an American multinational corporation that caters to the global customer base through…

Q: Does providing a good value mean selling at a low price?

A: Pricing decisions are very critical for any business. There are various pricing strategies that a…

Q: Is it more effective to sell to a certain clientele by offering bundled products and services?

A: * Introduction - Surely Yes , It is well established that selling bundled products/services to…

Q: Choose a new product that you have purchased. What did you think about prior to purchasing the…

A: A product or service is the value proposition offered by the firm which solves the problem of the…

Q: Why do  you think some customers prefer CD's or digital downloads?

A: Media are the communication networks or devices used to store and deliver data or information. The…

Q: Identify and explain the marketing management philosophy which implies that products and services…

A: Marketing management is described as the means of finding out the different opportunities that will…

Q: Why

A: The concept of ethical consumption has gained significant attention in recent years, with consumers…

Q: What steps can a company take to expose customers to its brand?

A: Introduction : In order to give a generic item a personality that will help it stand out in the…

Q: Who said “The aim of marketing is to know and understand the customer so well the product or service…

A: marketing is activities to promote the buying and selling of the product and services. Marketing…

Q: How do consumers and organizations go about buying, using, and disposing of our products?

A: Organizational purchasing is typically a group decision based on the wishes of the majority of the…

Q: If you could buy a product from a website or a store right down the street and the prices were the…

A: Products are offered and available to the customer in two ways possible. One way is the online mode…

Q: Is it useful to sell bundled products and services to one's clientele?

A: Product bundling is a strategy where a few products are put together and sold as one unit at a…

Q: Should sales people sell alone or work in teams with other people in the company?

A: Team Selling is a selling approach adopted by the companies which involves two or more team members…

Q: a misunderstanding between consumers and designers may ruin a previously successful project

A: The main role of a designer is to understand the needs and requirements of the consumers before…

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: You have been asked to add a stripped-down model to your line that could be advertised to pull…

A: There are cases where organizations face difficult choices regarding the practicality of offering a…

Q: How does Implementing loyalty programmes to entice customers and distributors to buy from the…

A: Loyalty marketing is a strategy that focuses on maintaining and expanding existing consumers by…

Global Marketing

Global marketing is defined as the process of promoting a product and making it available beyond its country of origin. Hence, it can also be referred to as international marketing. When a product reaches a consumer beyond domestic boundaries, it is called global marketing. Global marketing is a sub-part of marketing. It is not just limited to selling the product worldwide; but also involves proper planning, procurement of materials, manufacturing of a product, placing, and promotion for the product, and introducing it in the domestic and the international markets. Global marketing is not only important for the success of a business but also helpful in the retention of a large consumer base. Various business organizations or companies have failed due to the shortcoming of proper marketing techniques.