What are the main customer markets? Explain each of them by giving example

Q: 1. What is a marketing plan and how is it used? Which section of the marketing plan is most…

A: A marketing plan is a report that diagrams your marketing procedure for the coming year, quarter or…

Q: This External Environmental Factor helps shape and understanding of the customers who are being…

A: Businesses do not operate in isolation. They exist in a continuously changing environment which has…

Q: 2.

A: Ans1) Talking about best activity that us hejng recommended in market  Analysis for a coffee shop…

Q: List a few reasons why firms are not always in close touch with their market environments. (Short…

A: The market environment refers to the environment in which a business does its operations. These…

Q: Many organizations find it difficult to incorporate a customer-based marketing strategy into their…

A: Websites play an important role in the business of digital marketing. A well-designed website…

Q: Why is it important to determine who your target market is?

A: With the growing industries or in other words the ever-rising trend of globalization and thus…

Q: What is the difference between product markets and generic markets? Provide example for each

A: Generic markets are usually made up of groups of people who have a common need that can be met by a…

Q: 3. Grow the customer, by studying their needs and providing solutions to them in the form of new…

A: Answer-1) An objective behind marketing activities.

Q: describe

A: Talking about the marketing managers then, they will look into the results of the surveys taken from…

Q: What is voice of the customer?

A: Customers are the one who have purchase interest in the company's products. On the other hand,…

Q: How can Local prove that National is in fact producing the same type of home as Local is marketing?

A: Real estate marketing comprises exposing your unique value proposition to the world in order to…

Q: Before developing their Marketing Plan , marketers need to study customer markets and customer…

A: Customer Market and Customer Behavior must be analyzed before making a marketing plan.   Below are…

Q: In Kotler's definition of marketing, what appears to be the objective of companies for satisfying…

A: In Kotler's definition of marketing, what appears to be the objective of companies for satisfying…

Q: How was Kenny Rogers Roasters positioned for its target customers?

A: Positioning in marketing refers to the perception that the brand has created in the minds of its…

Q: List some of the operations and functions in a companythat are dependent on a forecast for product…

A: Demand forecasting is the practice of predicting the demand of an item in advance. It is achieved by…

Q: Explain the five core customer and marketplace concepts with some examples?

A: CORE CONCEPTS OF MARKETING: The 5 core concepts of customers and market can examine the understand…

Q: Under what conditions would an organization make an initial sales forecast in terms of pesos rather…

A: Sales forecast: Sales forecast refers to the expected revenue of a business after performing its…

Q: Why is it important for marketers to pay special attention to providing excellent customer service?

A: Customer service is the foundation of a business that gives value and respect to the customer. This…

Q: How important is it for you to understand your customer before estimating your market?

A: Understanding your market(customers and competitors) is essential if you are going to build a…

Q: Customer Decision-Making Profile Who is your target customer, and what influences their buying…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer one question at a…

Q: Regression analysis

A: Regression analysis is a technique that uses a determined set of series of mathematical equations in…

Q: Collecting and analyzing customer data is imperative to ensure growth and can help grocery stores…

A: Big Data refers to the large volume of data whether structured or unstructured that engulfs the…

Q: Select ALL the tools that are used when conducting an industry analysis. SWOT Analysis Porter's 5…

A: Industry analysis is a market evaluation device utilized by organizations and examiners to…

Q: Which of the following best describes the target customer type for Amazon? 1. Economizing 2. Loyal…

A: Amazon's objective market is center and high society purchasers (equally split between sexual…

Q: Give an example about Marketing/ Business event that is currently happening. And then elaborate.

A: Marketing is like the very tool of the business operations to communicate their output to the…

Q: . Think of a famous company or product in the Philippines that provides multiple market segmentation

A: Market segmentation is the process of dividing the market into small segments so that catering to…

Q: Definition and Comparison Questions: For each question, provide an explanation of the marketing…

A: Both transaction and Exchange are the concepts in marketing that deal with tbe trade of goods or…

Q: Find words which mean the following. 1   a company's sales expressed as a percentage of the total…

A: A company's market share is its percentage of total sales relative to the market or business in…

Q: Evaluate what are the need, want, demands if the delivero,s business through a job to be done.…

A: As per our comprehension, we will be talking about Deliveroo, a British online food delivery…

Q: What is a sales forecast? Why is it important?

A: Sales forecasting is a technique through which an organization estimates its future sales and based…

Q: What is Marketing? Explain the simple Marketing system with the help of Diagram.

A: Marketing can be defined as the set of activities that a person/party/entity/company undertakes or…

Q: the 4 P marketing model (Product, Price, Place and Promotion) is still relevant compared to the 4 A…

A: The promotion mix, conjointly noted as that of the selling strategy, is that a good sort of…

Q: What is the relationship between the marketing department and the customer service department?

A: The main role of a marketing department is to promote the offering of the organization among the…

Q: EXPLAIN the FOUR (4)key customer markets and give a relevant example(s) to support your answer

A: A Market is considered to be a place where trading/exchange of goods is done by people and…

Q: What are the benefits of market(customer) segmentation for customers and firms respectively? Give me…

A: The advantages of market segmentation are explained briefly in the following points:- (a) Benefits…

Q: market presence? Give atleast 1 example

A: Marketing presence refers to he message an organization wants to communicate with its prospective…

Q: How do the firms identify the most valuable customers andunderstand their needs?

A: Customers can be referred to as those people who become the purchaser of the product offered by a…

Q: What is happening in the business world today, it could be focused in marketing or business in…

A: Marketing is the tool used by business operations to communicate their output to end-users.…

Q: How does the five-force model of Michael Porter support advertisers analyse the competitiveness of…

A: The five-force model of Michael Porter involves environmental scanning. It makes the positioning…

Q: Define the market segmentation?    Create an detailed information about the customer centricity…

A: Since you have asked multiple questions we will solve the first question for you if you want any…