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 distinguishes OOPs from other types of products?

A: In the context of software development, OOP (Object-Oriented Programming) is a programming paradigm…

Q: The first step in implementing the marketing concept is to provide a product that satisfies…

A: its False   Identification and Defining the Problem: The market research process begins with the…

Q: How does the careful selection of brand elements by marketers contribute to a company's long-term…

A: Brand Elements are those characteristics, features, or qualities that set one brand apart from…

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: product you are familiar with. Do research about that product. Based on your knowledge of the…

A: Marketing is the process to bring more and more customers in the company. It also helps to increase…

Q: In regards to a “New Product”, state the steps and procedures which are required to be followed by a…

A: A product is any item that can be manufactured and distributed among the customers so that a firm…

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: You are a brand! To manage any brand effectively, you must carefully be in touch with what you…

A: Brand - A brand is a distinct name, design, symbol, or identity that distinguishes a company/seller…

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: In your local area, identify a group of people with unsatisfied product needs who represent a…

A: Every organisation will create value for shareholders in terms of profits and for customers in terms…

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: Rivalry among competing sellers grows in intensity when   A) rivals have similar strategies and…

A: Porter's five forces are the model that is used for the identification and analysis of the five…

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: 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: Choose a product and apply these principles to that product. Market Skimming Advantages…

A: A product is a tangible or intangible item or offering that is created, designed, or manufactured to…

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: I have noted that in marketing we have to deal with the very human realities of customers. Please,…

A: Human beings are very complex creatures, their behavior and throught process cannot be predicted.…

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…

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.