After recognizing the importance and differences of industrial, reseller, government, and non-profit markets, describe in detail the distinguishing factors in the purchasing behavior of these markets. Which specific behaviors distinguishes them clearly from the ultimate consumer purchaser" Explain.
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- Purpose: To demonstrate your understanding of the buying process to support the buyer. Instructions: Identify the steps involved in an institutional or business buying process and explain how a salesperson can work with, and assist a business buyer in each step of the buying process?Assume your company makes Laptop and Computer products. Make a list of all the companies that could be potential customers of your firm. Then identify all the markets from which their demand is derived. What factors might influence the success or failure of your business in these markets?direct sale without brick-and-and-and-mortaroma can be more costly, as retailers bear the responsibility for distributing the product to consumers. Explain?
- 1- Identify the people Who will not buy product for making profit by selling among the following a. Consumer b. Marketers c. Vendors d. SuppliersWhich of the following types of retailers would benefit most from instituting a CRM program: (a)supermarkets, (b) banks, (c) automobile dealers, or (d)consumer electronics retailers? Why?please as Retailers provide essential services for the manufacturers of the product they sell. Firstly, they overcome gaps between manufacturers and customers, and secondly, they perform a range of functions in the marketing channel. • Identify and explain one main gap between your manufacturers and customers you believe your retailer will fill. Justify your choice. • Identify the top two functions your retailer will perform for your manufacturer in the marketing channel.
- 1. Carefully explain what is happening in thee following markets. Indicate the impart if any on demand, supply, price and quantity.Think of a company that offers either product or service in which you think contains the three approaches of contemporary marketing (Relationship Marketing, Industrial Marketing, and Social Marketing).Please could you give an detailed answer on the market advantages of a Virtual Reality Children's video game and strategies for commercialising it ! Please make sure your answer includes a variety of market advantages and strategies for commercialising it
- Online computer shopping at websites makes it possible for individual consumers to get direct information from hundreds of companies they would not otherwise know about. Consumers can place an order for a purchase that is then shipped to them directly. Or, they can do what is known as “ship to store” from the online site. With the growth of these services, to what degree will the need for retailers and wholesalers be eliminated or greatly reduced? Explain your answer, and consider the marketing functions that are involved in electronic purchases and who performs them. What will the businesses’ need to be concerned with in the future?How the business applies the following marketing activities 1.product policy 2.distribution policy 3.communication policy 4.pricing policy