Name and explain the five important decisions that marketers must make in developing and marketing individual products and services?

Q: How do consumers respond to various marketing efforts the company might use? Which buyer…

A: Disclaimer: Since you have asked multiple question, so as per company policy we will solve the first…

Q: How do marketers of watches use marketing and advertising to reinforce consumers to buy them? Give…

A: Every marketing team's main objective is to market its product in different ways to maximize its…

Q: Please explain the current market situation for Em Cosmetics.

A: EM is a Vietnamese word that means "You". EM Cosmetic is launched in 2013. This was launched by…

Q: Why is it essential for organizations to segment markets and target particular groups of consumers?

A: We can say that where market segmentation refers to prospective consumer groups, accordingly their…

Q: how do organizations use the marketing mix (often called the four Ps) to market to their target…

A: The motive and objectives of the organization are to achieve profits, gain market share and generate…

Q: What are internal and external customers, and how does it affect customers?

A: The business environment is a dynamic environment that is always changing. A business needs to…

Q: What is the concept of customer insights and the role it plays in making good marketing decisions.

A: We can say that where consumer insights help analyze the competition where you are the market leader…

Q: Explain the different stages of marketing process needed to create value for customers?

A: The marketing process is the process in which company plant their growth accordingly and work to…

Q: There are many different types of business-to-business consumers/buyers. Discuss different types of…

A: Introduction: A business to business process is where a firm or business purchases products or…

Q: In your local area, identify a group of people with unsatisfied product needs who represent a…

A: Every organisation will create value for shareholders in terms of profits and for customers in terms…

Q: In business buying behavior the buying center concept presents a major marketing challenge. Explain,…

A: The buying center is the dynamic unit of a purchasing association. The buying center is made out of…

Q: whats the common target market groups, their purchasing habits and the ways companies try to attract…

A: Target Market - It refers to a group of customers to whom the Company sells its product and…

Q: Some critics of marketing have suggested that market segmentation and target marketing lead to an…

A: Segmentation means dividing the marketplace into parts or segments that are definable, accessible,…

Q: what is the impact that each of the following has on marketing activity: regulators, the economy,…

A: Regulators: A firm has to operate within the present political system and legal framework. Political…

Q: Describe an unethical situation the could occur within marketing and how you would handle it?

A: Exaggerating or downplaying facts to make the product seem better than it really is often considered…

Q: Describe how consumers make purchase decisions and how they use and dispose of the purchased goods…

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

Q: How do marketers identify the Most Valuable Customers and understand their Needs?

A: Customers can be elaborated as those individuals who become the purchaser of the product offered by…

Q: Describe the challenges marketers face with changing economic conditions. What factors should…

A: The challenges, which marketers face with changing economic conditions are discussed as follows -

Q: Explain how  purchase decisions made by the consumers can help marketing managers in several ways?

A: The consumer purchase behavior refers to the actions and thoughts that a customer makes and goes…

Q: Why is it essential to follow the consumer decision-making process when buying products,…

A: The consumer purchase decision process refers to the process through which a consumer goes when he…

Q: Basic psychological processes play an important role in understanding how consumers make decisions.…

A: Consumer behaviour- Consumer behaviour is the research of an individual, organization or group and…

Q: Describe in detail how consumer choices is an important factor in creating a business and it’s…

A: In a business, consumer choices are so important in creating business. Consumers play a very…

Q: Name and explain the five important decisions that marketers must make in developing and marketing…

A: In a marketing organization, there are many kinds of tasks and activities that are being done. The…

Q: How can marketers use the consumer behaviour theory to push them to make more ethical decisions in…

A: Consumer behavior is generally categorized or defined by the general conduct or reaction which are…

Q: How are today's cultural ideals transmitted? How do principles affect the choice of goods and…

A: In regular daily existence, the most well-known way cultural norms are transmitted is inside every…

Q: What dimensions do consumers and business customers use to evaluate service quality? how should…

A: Service quality refers to meeting the standards and expectations of consumer in order to fully…

Q: How is market segmentation different for business-to-business markets and business-to-customer…

A: Introduction:- market segmentation is the study of how your company splits its clients or consumers…

Q: Explain how consumers make purchase decisions? How can it help marketing managers in several ways?

A: Customer is a person who will take part in exchange with the company. he'll purchase the product for…

Q: One of the benefits of value driven marketing is attention to customer needs and wants will likely…

A: The answer to this question is long-term loyalties.

Q: What are the major requirements for a group of individuals and organizations to be a market? How…

A: Business is an activity of producing or buying and selling products. It is an organization that is…

Q: Are consumers rational or emotional? How do they make buying decisions?.

A: Consumer behaviour is the study of the behaviour of the end consumers of a product. It studies the…

Q: Five practical approaches One can employ to segment and identify their market

A: Segmentation: It means dividing the market. The market is divided based on the needs and desires of…

Q: Identify and understand the psychological factors that affect consumer buying decisions ?

A: The consumer buying decision can be described as the actions or thoughts that a consumer takes or…

Q: How are traditional ideals passed on today? What role do values play in customer decision-making…

A: The basic ideals, convictions, and concepts forming society are cultural traditions.

Q: Marketers must understand the current and potential environment in which the Product or service will…

A: Marketing is a function promoting and selling products and services to customers that satisfy their…

Q: What are the forces that have been identified by Michael Porter that determine the intrinsic…

A: Porter's five forces are meant for analyzing the competition level for a business. It is taken from…