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You are the owner of a retail chain. You currently have consumer durables, groceries and private label clothing range for kids, men, and women. The price point is low and the quality you offer is fantastic. You have more than eighty percent repeat customers. In most of the customer surveys that you have conducted with
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- What are the competitive advantages when selling online. Please answer the question. Thank you.arrow_forwarda) Define micromarketing and discuss its importance in creating successful marketing.b) Discuss how you can create customers for any product of your choice. Give illustrations to support suggestions. i need more detailsarrow_forwardMost organizations sell more than one product. They may offer a portfolio of products. Construct a matrix of an organization’s product portfolio that reflects its width (variety) and depth (assortment). Imagine you are the organization’s Chief Marketing Officer. How would you defend the decision to offer so many options to meet buyer needs?arrow_forward
- Compare the hamburgers sold by Angel’s Burger, Jollibee, and MacDonalds in terms of value (tangible and intangible benefits and costs) from a consumer’s point of view.arrow_forwardMarketing was born because selling wasn't enough” is now available. Do you agree with the analysis posed?arrow_forwardThink about going into the business of selling computer gear. You think that new college graduates are best suited to sell mainframes, supercomputers, or high-capacity storage systems. Why? What are the best reasons to work as a computer gear salesperson?arrow_forward
- I am at the solution for this problem located here: https://www.bartleby.com/questions-and-answers/during-the-morning-hours-at-a-catalog-sales-department-telephone-calls-come-in-at-the-rate-poisson-o/84d565ca-a1df-41b5-9faf-34fcebd84805 I just don't understand how they arrive with the solution below: 0.3903 = 1-P / 0.2963037 1-P = 0.1156. I just don't understand the math here. Any help in understanding will be extremely appreciate>arrow_forwarda) What are some of the technical limitations of online shopping?b) Can you enlighten us on the many forms of e-commerce applications that are now available?How Do the Dutch Auction Prices of First, Second, and Third Place Work?arrow_forwardIndeed, the internet has a significant influence on marketing, which is a rapidly evolving field. These days, the phrase "integrated internet market" is used. It has been asked of you to discuss Integrated Internet Marketing to first-year students studying marketing. Where possible you are required to demonstrate through an example. (20 marks).arrow_forward
- What is marketing? Can you describe here as if you explain to your friend (of course not Business major)? Then, Let's compare and contrast Marketing with selling, promotion, and Advertising.arrow_forwardIf you are a very famous manufacturer company, and you plan to showcase your product in a store that has a "narrow but deep selection" of merchandise and where expert sales associates can assist customers with their selections, you'd most likely choose a(n) _______ retailer. extreme value retailer. convenience store warehouse club. department store. specialty store.arrow_forwardPlease simply answer this easy question posted belowarrow_forward
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