How has OXO modified its marketing mix? Are these changes in line with its mission?

Q: Marketing has often been defined in terms of satisfying customers' needs and wants. Critics,…

A: Company is a legal entity formed under law having its own identity. It is formed when group of…

Q: What are some of the market conditions that have led OXO to reevaluate its marketing strategy?

A: The business scenario changes as per the changed consumer behaviour and prevailing market conditions…

Q: Which of the five marketing management concepts best applies to Pegasus?

A: The Pegasus Airlines utilize the marketing management concept, a way of thinking that holds that…

Q: Unless marketing managers understand the external environment, the firm cannot intelligently plan…

A: The marketing Environment can be elaborated as the numerous internal and external factors that have…

Q: Why is marketing so important? Please discuss the reasons.

A: Selling was an old and narrow concept where the products and services were sold in the organization…

Q: What are the existing marketing strategies used by Lufthansa? (use at least three marketing…

A: Lufthansa is the largest German airline and the second-largest airline in Europe.

Q: How did you grow as a marketing thinker after studying principles of marketing? (Consider what you…

A: Marketing concepts, also known as marketing principles, are agreed-upon marketing ideas that…

Q: Contrast globalization with customization of marketingstrategies. Is one practice better than the…

A: Globalization and Customization are international marketing strategies that are adopted by…

Q: short answer question Explain the major marketing forces taking place today and the implication for…

A: Metaverse - In today's metaverse, customers are addressed by virtual symbols in a common virtual…

Q: What will be the impact of Artificial Intelligence (AI) on marketing in the next 10 years? Discuss…

A: Artificial intelligence refers to the manner in which a machine is programmed to work as a human. A…

Q: What is apples revenues, profitability, and market value?

A: Apple is a multinational technology company with global domination and the title of being the…

Q: what is eCRM in Marketing? explain it's significance in today's competitive and dynamic business…

A: E-CRM is the use of Internet-based technology such as emails, websites, chat rooms, forums, and…

Product and Service Classification

Classification of goods and services categorized between industry and customer goods is known as Product and Service classification. It is based on brands, quality, and quantity which companies deliver to the concerned client. Industrial goods are produced for industrial work, whereas consumer goods are produced for personal consumption by the customers. Marketing and sales need technological methods, a healthy environment, proper market strategies, marketing environment in terms of productivity and profit.