If you were proactive, what are some ways by which you can increase the market’s demand for your product?

Q: How would you encourage your customers to buy your product?

A: Customers never purchase a product based on its functionality. They purchase because they believe…

Q: A successful business requires alignment of customer needs with the consequences of products, which…

A: Introduction Market Orientation aims to make the organization more profitable, by enhancing the…

Q: How will you gather information about competitors, their products, and the prices that they charge…

A: To build a successful business, you have to come up with products and services that stand out from…

Q: The first question a marketer should ask in developing market strategy should be O "When is it best…

A: The First question a marketer should ask in developing market strategy should be which customer do…

Q: Apple claims to never do any marketing research for new product ideas but instead creates products…

A: Apple is probably the best example of companies that use innovation strategy due to its introduction…

Q: How do companies use target markets to sell products?

A: The selection of the target market is the second stage in the marketing planning process. This step…

Q: Think about your own purchasing habits and the buying habits of your friends/coworkers. Can you…

A: The product which is easily available on the Alibaba website is apparel like shirts, t-shirts shoes,…

Q: Why is it important to screen the basic needs of the prospective market before considering doing…

A: Basic needs of a market consist of the consumer's desire for a specific benefit of a service or of a…

Q: When a business is doing well financially, why is it necessary to consider the viewpoint of the…

A: A business is any activity which involves buying and selling of the goods and services for the…

Q: how do we get our product to consumers in the best and mostefficient manner?

A: Customer orders are the customer's needs and preferences. They order the goods and services they are…

Q: In your own words, what is marketing and what does it seek to accomplish?

A: Marketing is a complicated subject. It's not just sex and catchphrases. It's all about placing the…

Q: If you were to practice, what are some ways by which you can increase the market's demand for your…

A: Ans. Some products demand fluctuate seasonally. During the mean season, a sedate and basic technique…

Q: What are the main advantages of a market-oriented approach Why might a market-oriented approach be…

A: In market-oriented approach the organization’s core motive is to work for the satisfaction and needs…

Q: In a situation where demand exceeds supply , which marketing orientation would you expect most firms…

A: Business managers have to face many decisions day to day. They have to plan many strategies and…

Q: What should the firm do if customers want to purchase a product that is not only bad for them but is…

A: A product is a good or an object that is sold in the market to satisfy the needs and requirements of…

Q: Is it important for a company to invest in customer loyalty programs and why with example?

A: The business organization survives only because of the customers. The customers are the core drivers…

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: As a marketer, how are you going to solve and help a business that is experiencing shortage in…

A: A comprehensive and impactful logistics and supply chain management system will provide a whole…

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: What are the potential risks if the marketing mix is not considered?

A: Risks are present everywhere. Some of the risks can be predicted and can be avoided. But some risks…

Q: 1. How did you arrive in your decision to buy that particular product? 2. Do you think you have…

A: The consumer goes through various phases before buying the product and evaluation and assessment is…

Q: Assuming you are a marketing officer of Bank in a City. The CEO of the said bank is asking you to…

A: Considering I am the marketing officer, the following can be the activities that can create a…

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: Consumers are therefore paying more than the actual cost of a good. How do you feel about this? Do…

A: Take, for example, grocery stores. They conveyance large amounts of goods to a site where a person…

Q: If you were to choose, what do you think would be the most important section of a marketing plan?…

A: A company's marketing plan comprises of information regarding what strategies it will use to market…

Q: What is the importance of selecting the best product to meet market needs?

A: A product is something which is offered in the market to the customers for a certain price in…

Q: Is it reasonable to believe that marketing technologies such as Big Data and Predictive Analytics…

A: The big data is the technology based data  with lots of volume information, and all the statistical…

Q: How do companies deal in managing the success of the marketing mix ??

A: Marketing Mix - It refers to a set of techniques or actions that is used by a company for the…

Q: What has my company done in the past with its: Target markets?Products? Pricing? Promotion? Supply…

A: The marketing mix is a model used by the marketers to organize the components of marketing into 7…

Q: Propose one new product idea for Coca-Cola based on your assessment of available market…

A: Lot of companies look to expand their business operations in the market in order to generate more…

Q: Why should a manager in marketing care about systems in the finance or manufacturing departments?

A: Marketing requires funds to executes its plans and startegy, so it becomes very important for…

Q: How will a company will market their product online when customers have so many other options and…

A: When customers have several options and the competition is tougher, the company will market its…

Q: What are the different ways that outstanding marketing companies do to learn about and understand…

A: For any marketer, the most critical thing is that he is able to rightly understand what his target…

Q: Will the new product cannibalize sales of existing products or will it increase revenues by reaching…

A: Market cannibalization is a loss in the sale of company's existing product by the introduction of a…

Q: List and briefly describe 4 variables from the external marketing environment. Provide a brief…

A: External marketing is concerned with adding value to your brand to benefit your customers and…

Q: What are the external factors that could influence in the market?

A: Factors which occurred outside of the organization but still makes an impact in the organization are…

Q: How to improve your marketing strategy?

A: A marketing strategy refers to the overall business plan of an organization for reaching the…

Q: Reflect on how the concepts in advanced marketing can be applied to real-world situations and can…

A: Advance marketing Advanced marketing concepts can be consistently applied to real-world situations…

Q: For example, in a company where soaps are made in portable containers, and they are for baths......…

A: Introduction: Factors which occurred outside of the organization but still makes an impact in the…

Marketing Plan

A marketing plan is a roadmap used by a business organization to execute and track its marketing strategy. In other words, it is a set of specified actions intended to attract potential customers and clients and influence them to buy the product and services of the business organization.