Q: Define differential pricing.
A: There are various pricing methods used by firms. For example, there is price skimming method, in…
Q: An online toy store follows five steps to prepare customers' orders for delivery. Specify the…
A: Every major retailer implements a system for shipping the product, so in the said situation, ’s…
Q: Elaborate on the technologies & trends which can be used to create a seamless user experience?…
A: Loans has become a vital part of peoples live these days ,there has a been a hike in applications…
Q: Demonstrate how the product life cycle, competition, distribution and promotion strategies, customer…
A: The price a seller charges needs to consider, and be consistent with, the objectives and costs of…
Q: You run your own a Digital Marketing agency. You have got a contract from an International Gym Chain…
A: Audiences are seeking more digital information across many platforms than ever before, and social…
Q: Does Livestock Wealth use "inside-out" or "outside-in"?
A: Several things need to be kept in mind to make a business successful. For a business owner, it is…
Q: Identify the importance of building customer relationships.
A: About Customer Relations - Customer relations, is a kind of concept, which refers to the different…
Q: What is Geographic Pricing?
A: Pricing methods are the techniques used to determine the final price of goods and services by…
Q: What is Multiple-unit packaging?
A: The packaging depicts the wrapping or the outer cover of the product to prevent the product from any…
Q: What is Price competition?
A: Features of competition: 1.Competition is a never-ending cycle. It occurs constantly, whether…
Q: Why lifestyle shopping center model is popular?
A: Lifestyle shopping center model refers to shopping center catering to multiple consumer needs under…
Q: Many industries are based on service that depends on effective employees. Therefore, companies in…
A: The service-based industry is dependent upon its employees as they are the major contributor to the…
Q: What are the advantages of using automatic vending machines?
A: Automatic vending machines are the machines that operates without the direct involvement of…
Q: What are the disadvantages of competition-based pricing?
A: Setting prices for your products or services is more complicated than a simple calculation. Prices…
Q: What are the six major criteria used for selecting transportation modes?
A: Transportation helps to move the products and goods from one place to another. It is one of the most…
Q: Which statement demonstrates the strongest understanding of a SWOT analysis? Group of answer choices…
A: Since you have posted multiple questions and the first belongs to Management subject, we will solve…
Q: Why must firms introduce new products?
A: The development process of product is strategy in which firms make improvements in products quality,…
Q: What is product differentiation?
A: Product differentiation is a marketing strategy that encourages consumers to select one brand or…
Q: Name the different channels of distribution generally are used to move consumer and business…
A: Distribution is said to procedure used to spread the product in different market places at different…
Q: If we use the model of the hierarchy of effects to define the communication objectives, in order for…
A: The hierarchy of effects model instructs advertisers to create advertisements in such a way that…
Q: How to check the dimensions of quality?
A: Quality of Service and congestion control are the two associated concepts. That essentially means,…
Q: State the three major pricing methods that firms employ.
A: Pricing is a Marketing concept. It helps the company to generate profits for shareholders and for…
Q: What is meant by individual branding?
A: The phrase brand refers to a business and the concept that aids people in distinguishing a certain…
Q: Name the categories of wholesalers.
A: A wholesaler is one of the significant elements of the product supply chain. A wholesaler is a…
Q: Explain Average variable cost (AVC)?
A: As a general rule, when the firm's output is relatively small, the average cost decreases; when…
Q: What are the benefits of functional discounts?
A: The discount and allowance facility is particularly important in the selling and distributing of…
Q: What is revenue?
A: A business has to incur several expenses to earn revenue. The costs can be either direct or indirect…
Q: Explain negotiated pricing.
A: Pricing will be set by the marketers so that the company can earn profits from the product and…
Q: What is the main goal of distribution activities?
A: Physical distribution is managed using a systems approach that considers essential interconnected…
Q: Explain status-quo pricing.
A: A pricing strategy is a plan of action in which a price is determined for the product depending on…
Q: techniques we can improve communication in organization?
A: Communication is a vital part of anyone or business. If the goal is to tell the employees about new…
Q: the challenges that you might face in introducing the new innovative technology to the society which…
A: A big technological progress has been created in varied sectors, spanning Marketing Digitalization,…
Q: Define Telemarketing.
A: Marketing- It is a business term that the experts have well defined in dozens of ways. Even at the…
Q: discuss in detail various growth potential strategies a cosmetic business can adopt
A: A cosmetic business consist of various beauty and body care products such as cosmetic powder,…
Q: How does advertisement benefit digital marketing
A: All marketing initiatives using the world wide web are referred to as electronic advertising.…
Q: What is The Sacrifice Effect of Price?
A: Price is the monetary value side by the company to create an exchange with customers for gaining the…
Q: Explain the Distribution Strategy?
A: Distribution strategy is the process in which the companies make available the products or services…
Q: Define consumer penalties?
A: A punishment's main objective is to punish the criminal and discourage future crime, not only by the…
Q: State advantages of demand-based pricing?
A: Demand-based pricing takes many forms, all of which are united because they are based on consumer…
Q: What is the difference between an exclusive distribution and intensive distribution?
A: Many manufacturers do not sell products or services directly to consumers; instead of relying on…
Q: What is meant by traditional channels?
A: Promotion is the type of communication with potential customers by reaching out to them with…
Q: In what ways wholesalers help retailers?
A: A wholesale business buys huge quantities of items directly from producers or distributors and…
Q: 6. By what factors, are the population tastes/preferences affected?
A: Gives overview of the opportunities available for the company Marketers are interested in…
Q: What are the Objectives of Status Quo Pricing?
A: Status Quo Pricing is when a company decides to sell the product at the fixed price that everyone in…
Q: What is the highest price at which the product would still be perceived as a bargain?
A: Pricing is one of the components of the marketing mix that deals with fixing a price for the product…
Q: Explain Television home shopping.
A: Home shopping in India has long been plagued by counterfeit goods. The entry of Star CJ into the…
Q: What is meant by brick-and-mortar retailers?
A: Every company will create a distribution channel to move the goods from manufacturer to the…
Q: What are convenience stores?
A: Retailing is the process of involving into different activities which makes the seller a retail…
Q: Explain how discounts, geographic pricing, and other pricing tactics can be used to fine-tune the…
A: There are various pricing strategies used by firms to sell their products upto greater extent. For…
Q: How loyalty helps to increase encourages retailers?
A: Every company's lifeblood is customer loyalty. Customers that are loyal are more likely to make more…
Describe the development of a marketing plan.
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