Any company's marketing plan must include improving and maximizing customer loyalty and retention. Describe why this is the case and provide two examples of businesses that use this strategy.

Q: Why is it necessary to regularly adjust a businesses marketing plan?

A: The job of the marketers is one of the effective and important work for organizations. Marketers are…

Q: 1.  Marketing is all of the activities used to exchange goods and services between businesses and…

A: Note: Since you have posted multiple independent questions in the same request, we will solve the…

Q: Each company's marketing plan should focus on customer retention. Two examples of firms employing…

A: The process of engaging with existing customers to make them buy products and services from the…

Q: What is a marketing plan? Why is a marketing plan necessary for an entrepreneur?

A: A marketing plan is an operational document that outlines the strategies which can be used to…

Q: Each part of the marketing plan is essential and valuable for marketers or managers developing a new…

A: Marketing mix refers to planning and implementation of the strategies with relation the product,…

Q: Give an overview of the four main pillars of marketing and launching a knowledge management project

A: In launching a knowledge management project, marketing plays an important role in ensuring the…

Q: Marketing activities are viewed as generic functions to all organizations. true or false

A: Marketing activities are viewed as generic functions to all organizations.  The given statement is…

Q: elopment of a mar

A: Most business owners consider creating a strong business plan, but they hardly ever consider a…

Q: how to avoid business mission statements falling into marketing myopia

A: When a business organization puts it's profits, needs and short term growth strategies before the…

Q: Customer service is one of the primary objectives of a marketing department. Do you agree with the…

A: Although it's usually not the main goal of a marketing department, customer service is an important…

Q: Who is responsible for accomplishing each aspect of implementing the marketing plan?

A: Marketing Planning Process can be defined as the process of formulation of strategies to promote the…

Q: We all realize that the marketing mix has at its center the customer and the four Ps: product,…

A: Marketing Mix is a combination of marketing tools that a company uses of satisfy their target…

Q: rall success of the organization. Give examples and be specific.

A: Marketing is one of the most essential things a company can do. Not only can marketing create brand…

Q: Construct a marketing plan for your organization using marketing model canvas.

A: Business Model Canvas lets you edit a business model on one page quickly. As you plan a business…