A substantial increase in buying power is a contemporary marketing phenomenon that has to be contended with marketers. Using a sector of your choice, explain how you will manage the situation.
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Q: Write down the name of four types of consumer buying behavior (e. g. Complex). Discuss which…
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A: Big data analytics is the use of advanced analytic techniques to very large, heterogeneous data…
Q: The managerial and social process by which customers obtain what they need and want through creating…
A: The managerial and social process by which customers obtain what they need and want through creating…
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Q: As a Marketing Trainer, can you explain McKinsey’s Consumer Decision Journey with the help of an…
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Q: What might convince your current customers to switch to one of your competitors?
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Q: Take the following into consideration: Do you believe that marketing technology such as Big Data and…
A: The act of making people aware about the positive characteristics of a product and encouraging them…
Q: Do you believe marketing technology such as Big Data and Predictive Analytics would have been…
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A: Marketing research: This is a systematic approach and objective research to find solutions and…
Q: Please take into account: Do you think that modern marketing tools like Big Data and Predictive…
A: Big data is a term that depicts huge, difficult to-oversee volumes of data – both organized and…
Q: Most unhappy customers explain their reasons for dissatisfaction to the company who sold the…
A: Most unhappy customers explain their reasons for dissatisfaction to the company who sold the…
Q: you are brand manager or marketing team leader of a pharmaceutical industry. Now in the existing…
A: Marketing helps the company to create an exchange value with customers. This exchange is created for…
Q: company is looking at customer trends, its competitors, and the economy to see if there are any…
A: Company is looking at customer trends, its competitors, and the economy to see if there are any…
Q: Most large companies research how much they buy, when they buy, and why they buy. buying decisions…
A: Answer-d) Consumer Consumer behavior is the study of individuals, groups, or organizations and all…
Q: Suppose you are brand manager or marketing team leader of
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Q: Bear the following points in mind: Do you believe that Big Data and Predictive Analytics would have…
A: Big data is a term which can be outlined and expresses as the data which is extremely huge in size.…
Q: Do you agree that customer relationship empowers sales and marketing teams to deliver high-impact…
A: In general, a good and strong customer relationship helps in maintaining the trust factor. Let's…
Q: Which of the following is NOT a basis of difference between business and consumer markets a. Market…
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Q: As an ABM student, do you agree that the marketing’s first task is to discover consumer needs and…
A: I totally agree that the marketing’s first task is to discover consumer needs and wants.The reason…
Q: What is the marketing concept if a company’s strategy stems from the ideology that “the customer is…
A: The marketing concept if a company’s strategy stems from the ideology that “the customer is king,”…
Q: In your opinion, should Apple focus its attention on Apple TV? If so, why? If not, why not?
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Q: what is the importance of marketing strategy despite of having business plan?
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Q: Which strategy or strategies will be applicable for a crisis-laden industry
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Q: Select all that apply Which of the following are associated with marketing, as defined by the…
A: Marketing is a phenomenon that deals with producing, communicating, and selling products and…
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Q: How does this summary fit into Structure Conduct Performance or Marco?
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Q: Based on "Understanding Buyer Behavior'' and “Core concepts of marketing” -Present a diagram of…
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Q: What are the indicator(s) that the country’s population is still young? What is the consumption…
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Q: your view, what consists ‘free choice’? Cite examples in the current Situation.
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- What is your own definition of contemporary marketing?How does the level of market concentration and the number of competitors in a given industry impact the intensity of competition, and what are the implications for firms' marketing strategies?As a marketer, how are you going to solve and help a business that is experiencing shortage in supply because of a sudden demand?
- What is the first major trend changing marketing in recent years?Think of a specific product or service and then formulate a concrete marketing strategies that can gain valuable feedback and how to improve your product or service that will meet the needs of your target market. Discuss.The characters and factors outside of marketing that have an impact on a company's capacity to develop and sustain successful relationships with target customers are referred to as the marketing environment. Since they are in charge of making the relationship between the company and its customers a reality, marketers in this case more than any other group in the organization must be environmental trend analysts and opportunity seekers. Therefore, go into detail about the many macro and micro actors in the marketing environment. Justify your arguments regarding each of the variables under each category by describing how they will affect the firm's marketing decisions related to the satisfaction of target audiences' needs. You should also elaborate on your arguments by describing a solution to mitigate the impact that these actors (from the marketing environment) will have on the firm's overall marketing activities. And give Ethiopian based examples
- How are consumer markets and business markets different from eachother? Identify the points of difference between the two markets.Support your answer with suitable examples.Discuss the impact of the changing age structure of the population on consumer spending and buying behavior. Why is this trend important to marketers?Why should marketers pay close attention to the cultural environment?What do you understand by a company’s marketing environment? For a company that you are familiar with, identify and describe two trends (each) in its demographic, economic, and technological environments and discuss how these (forces) impact the marketing strategy of that company?
- Woolworth a cloth producing company needs your help in getting a market in your home, Advise on the possible segmentation bases which they can use, support your illustrations with examples and further Describe the market segmentation process which will lead to the success in this business.What are the different marketing strategies that are mostly used by the market leader to retain its position in the market? Explain each marketing strategy on detail.What is a buying center? Describe the roles assumed by people in a buying center and what useful questions should be raised to guide any analysis of the structure and behavior of a buying center.