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Q5)
What is "business mean? What is the difference between business and selling? give an example!
Explanation it correctly and details
Step by step
Solved in 2 steps
- Q 3. As a sales manager your responsibility is to select people for your company, which selection method would you choose and why? Give reasons to support your answer.Q# 3 What do you understand by the word personal selling. When is it more useful andhow you use it ?Buyer Analysis: Product Nopal 1. Identify your target customer, Describe customer demographics, address customers' needs, and discuss how buying decisions are made. Note: For question 2 Remember that you are selling this business plan to venture capitalists to seek funding. All they care is about money and profit). So it would be wise to illustrate the followings in your explanation. 2. Your business objectives, and marketing plan with (Product, Price, Promotion, and Place/distribution) to accomplish the goals. The amount of money you are asking for, profit goals, and the estimated time to break even. Strongly sell your project to venture capitalists. Convince them that it will be a loss to them if they do not invest in you!
- Q.NO.5 What is the most effective way of strategic marketing in regards to gain customer loyalty? Is the relationship marketing effective and how?Q1: Write down the Characteristics of modern selling.Q.4. Good marketing is no accident, but a result of careful planning and _____________. (a) Execution (b) Selling (c) Research (d) Strategies
- QUESTION 3 Describe market segmentation and how does a company decide on its target markets and market segments?Using any small medium enterprise(SME) as an example,justify your answer.part 1 Explain why a product or service’s contribution (selling price minus variable cost) is an important element in developing a marketing strategy, giving examples to illustrate your answer. You can use any example including those covered in the module such as the Strategist Simulation or any of the other case studies examined. part 2. Imogen, the brand manager for ‘Skinsoft’, was reviewing price and promotion alternatives for her brand. She wanted to increase market share, but was unsure whether she should ask for an increase in advertising budget or consider a price promotion. The current volume, price, and cost summary for ‘Skinsoft’ follows: Skinsoft Unit Price £2.00 Unit Variable Cost £1.40 Unit Volume 1,000,000 Imogen thought she might be able to negotiate with her boss and secure either a temporary 10 percent price reduction, or an investment of an incremental £150,000 in advertising. a. What absolute increase in unit sales and revenue would be necessary to…An ABC Brand wants the business to thrive, so the marketing team does marketing through Facebook social media. Brand ABC advertises on Facebook as detailed below: - 2,300,000 Facebook Impressions -$4,700 Advertising costs - 1,800 Sales -$11,700 Revenue Based on the information above, calculate the Return on Investment (ROI) of the ABC b rand.
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