Differentiate among sector, industry, market, segment, and sub-segment by using commercial sector among Food & Beverage, Apparel, Textile, Shoe and Health.

Q: what is market place?

A: Every company or organisation requires a place, where they can meet with the customers. This need is…

Q: Explain an inverted yield curve using the segmented markets theory

A: marketing helps the company to build customers and create an exchange with them. It is therefore a…

Q: Why retail strategy should have Multiple Sources of Advantage to build a sustainable competitive…

A: Sustainable competitive advantage gives the retailer a superior value over competitors in the long…

Q: cluster of complementary goods and services that are interrelated and spread across diverse set of…

A: Meta market is a cluster of complementary goods and services which are interrelated and they are…

Q: How can each element help a firm reach a target market?

A: The promotional mix refers to the numerous modes of communication that businesses utilise to…

Q: Companies expand for all the following reasons except: a. Cost effectiveness O b. Follow global…

A: Globalization refers to the procedures and policies that are followed so that a company can expand…

Q: What advantages does Nutrisystem's marketing campaign have over selling through intermediary…

A: Marketing campaign: It does not involve intermediary channels to sell a particular product or…

Q: Choose a particular industry; illustrate the concept of vertical and horizontal integration in an…

A: Integration of an industry is classified into two types: horizontal and vertical integration.…

Q: Using Porter’s Five Forces model, critically discuss the five (5) forces For an industry of your…

A: The Porter's five forces which is applicable in the Retail sector are explained briefly in the…

Q: What are the differences between domestic businesses in the United States and international…

A: Domestic business refers to the terms wherein all the commercial and trading activity of an…

Q: Give a brief summary of the sectors in the industry and describe how wine would pass through each…

A: Winemaking or vinification is the creation of wine, beginning with the choice of the fruit, its…

Q: Define ABC system?

A: Inventory management refers to the purchasing, storage, and utilization process of the inventory of…

Q: How does the Inter related diversification strategy apply to coffee shop business?

A: Interrelated diversification means when a company is selling the related products or adding related…

Q: Define the Product Market Boundary Structure of any industry of your choice. Explain Briefly.

A: There are different organizations and industries that are active these days. There are different…

Q: Briefly outline four (4) benefits of marketing to a compan

A: Marketing is a collection of institutions and methods for designing, delivering, communicating, and…

Q: Taxes, unemployment, and inflation that affects retail business are _______________. a. Economic…

A: Retail buisnesses refers to directly selling goods and services to the consumers and making profit…

Q: Which channel and intermediaries will provide the best coverage of the target market?

A: Target Market Target Market is a group of consumers or organizations who are likely to buy your…

Q: discuss in not less than 100 words why Agricultural Marketing is important

A: Agricultural marketing is the studying of all the operations, agencies, and regulations associated…

Q: characteristics of an attractive industry? How would you identify that a target market is attractive…

A: Targeting strategy breaks a large market into smaller homogeneous segments to concentrate on a…

Q: Related Diversification. Related Diversification is the most popular distinction between the…

A: Diversification strategy is used when the company aims to fill the gap by a completely new market…

Q: An organization competes in an industry that is growing" Expalin how firm use forward integration…

A: Strategic management: It is all about utilizing and assigning resources to provide the company with…

Q: What key factors affect the demand for Red Baron frozen cheese pizzas?

A: Demand for a product or services are influenced by some factors. Some of the factors are price,…

Q: Write any 4 examples of green retailing strategies that are adopted by retailers or organizations in…

A: Green retailing is a process adopted by the retail company to minimize the waste generated from the…

Q: Define commercial market?

A: Marketing system works for the purpose of sales enhancement of the business. It becomes the sole aim…

Q: companies is NOT the lowest-cost provider in its industry

A: Southwest Airlines is the lowest cost airline in the US Walmart is the lowest cost retailer in super…

Q: Question: Choose an Organic Food Retails (Real Company)   1. Introduction of the Organic Food…

A: Since you have posted a question with multiple sub - parts we will solve the first three sub parts…

Q: Assume your company makes Laptop and Computer products. Make a list of all the companies that could…

A: A Market can be described as a place where free trade of products takes place. It can be referred to…

Q: How has competition to McDonald’s changed over its existence?

A: Burger King's service is dynamic since it generally looks to use the force of new media as a methods…

Q: Why retail strategy should have unique merchandise to build a sustainable competitive advantage

A: The reason because of which the retail strategy must have unique merchandise to build a sustainable…

Q: Choose a retail business that you want to start. Where do you want to start? Who are your target…

A: Clothing Store The following steps are to start your physical or online clothing store: 1. Find your…

Q: In the general merchandise retailing category, off-price retailers

A: Correct option for the first question is option A.  In the general merchandise retailing category,…

Q: Define and explain each type of market along with their respective characteristics. and give…

A: The different types of the market system existing in the economies are as follows: Perfect market:…

Q: Select a particular service enterprise and describe its Seven (7) P's of Service Marketing.

A: A particular service enterprise that we are choosing here is Netflix. 7Ps of marketing are Product,…

Q: Choose a retailer, and describe how it has developed a competitive strategic advantage.

A: A competitive advantage - is a characteristic that allows a business to outperform its opponents.…

Q: Which one is better? e-commerce or traditional market? Please explain the reason!

A: E-commerce (electronic commerce) refers to the process of carrying out all business transactions…

Q: Define Market density?

A: The amount of people or enterprises in a given area is referred to as market density. Many…

Q: xplain the importance of strategic planning, sales package, and marketing research in franchising.

A: Franchising is a type of business under which the franchisor grants the license to the franchisee to…

Q: Using Porter’s Five-Forces Model, explain competitiveness for an local or a global company from…

A: The SWOT analysis, the PEST analysis and the Porter's Five forces model are the three most commonly…

Q: Global Target Market Strategies when doing a clothing business in Japan

A: Broadly the target Marketing strategy are classified into the following types : Mass Marketing…

Q: What goods or services does the company manufacture orsell?

A: A business is an organization that provides goods and services to customers to satisfy their needs…

Q: Explain why the industry life cycle concept is an important factor in determining a firm’s…

A: The success path of an organization in which it is operating is referred to as the industry life…

Online Marketing

Online marketing refers to advertising the industry’s product to the customer by using the internet. It is a comprehensive marketing strategy that includes emails, social media posts, paid search engine software, and more. Companies have changed their traditional marketing strategies to adapt an ultimate guide to online marketing as the target audience gets younger. It allows them to reach a wider, more relevant audience at a lower business transaction cost than brick-and-mortar business activities.