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● Explain the four-part formula called the Marketing Mix and how to apply it to sales?
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- ● Explain in a paragraph with detail for each of the 4 P's ● Explain the four-part formula called the Marketing Mix and how to apply it to sales?Purpose of the marketing plan? Why will they use it?Clarifying target markets, outlining sales goals for each product or sevice, and describing a company's annual marketing mix are all purposes of a marketing plan. true or false?
- Explain why it is important for an organization to formulate a product marketing strategy that includes cash flow and income projections. Discuss potential issues that a business can encounter if the marketing team has not adequately researched and constructed marketing strategies. Provide an example to illustrate your ideas. In replies to peers, discuss whether you agree or disagree with the ideas presented.list and describe the seven (7) steps of the Sales Process in relation to a car dealership. You are also expected to incorporate some critical analysis of these steps with questions, comparisons or even examples.A. Briefly outline and explain what your understanding of marketing is? B. Suggest three (3) reason why companies engage in marketing. C. Briefly outline four (4) benefits of marketing to a company? Provide examples to justify your responses to each question.
- By implementing relationship marketing tactics and approaches, Switch can demonstrate to their stakeholders that they care for existing customers as much as new ones, and that long‐term customer satisfaction is their business’s main objective. Evaluate whether Switch have applied the focus areas of relationship marketing, by comprehensively discussing the following elements: Individual customer approach Customer knowledgePretend you are the new Marketing Director for the Montgomery Biscuits, local minor league baseball team. Explain to your GM what marketing is and its role in the overall success of the organization. Give examples and be specific.1. What are the new target audience? What will they need? 2. What a marketing strategy that addresses all the marketing mix elements? 3. How to propose what they do and why?
- 1. Think of a product or service in which you think constantly working on finding a unique strategy to please a customer and retain loyalty. Explain and discuss. 2. Do you think having those approaches of contemporary marketing has a huge impact to organization? Explain and discuss. 3. As a costumer, do you think having a face to face contact in advertising helps in increasing the credibility of the brand? Discuss. 4. Do you agree to what case was stated that the customers are willing to pay extra for products from companies which are concerned about the environment and committed to sustainable development? Discuss. 5. 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). Discuss.Under what conditions are market test useful for sales forecasting? And what are the advantages and disadvantages of market test?(1) Why is price sometimes referred to as capturedvalue? (2) Why do companies that embracerelationship marketing focus on “customercommunication” rather than “promotion”?