Identify how organizations can use markettng metTics to measure peilormance and achieve marketing control

Q: In which components of a typical marketing information systems will you find the marketing decision…

A: Marketing information system Marketers can acquire data and generate information for decision-making…

Q: what is the role of sales forecast in bugeting

A: The process of creating the plan spending the money is known as budgeting. For accomplishing the…

Q: Definition of a market Charateristic

A: Market refers to a place which facilitates trade. It can be described as a platform where sellers…

Q: What consumer behaviours insights can you draw from surf excel campaign case study

A: first, a campaign for Surf Excel Quick Wash with the tagline Do bucket paani ab rozana hai bachnai…

Q: How would one use VALS to develop a marketingstrategy?

A: VALS is the Values and Lifestyles that can be explained as the process of research methodology that…

Q: Explain,, How can a firm create effective marketing campaigns for segmented markets?

A: Segmentation is the process of dividing a larger market into smaller groups of consumers with…

Q: The main purposé of is to enable a company to collect data on consumers 'preferences, spending…

A: The managers of the organizations adopt various techniques and strategies in order to make the…

Q: Explain the term share of customer?

A: Total Quality Management (TQM) is a management technique that follows the idea that “for better…

Q: Explain the importance of segmentation in market research or business research and suggest how the…

A: The division of an industry into segmentation is the division, based on different qualities, is the…

Q: Define Customer-based segmentation?

A: Marketing ensures sales and profits enhancement. It has the aim of meeting customers needs through…

Q: Explain what market segmentation is and when touse it

A: STP refers to Segmentation, Targeting, and positioning which is a concept used in marketing. The STP…

Q: Evaluate the role of CRM in data-driven marketing and sales strategies.

A: Customer Relationship Management (CRM) is an all-inclusive approach and set of procedures used by…

Q: Describe what is meant by target market & the importance of identifying them.

A: Market segmentation is the process of sub-dividing your target market into sections that are more…

Q: Name and briefly describe the four major steps in designing a customer value-driven marketing…

A: A customer value-driven marketing strategy means providing products and services to the customers in…

Q: Identify the ways marketers may obtaincustomer feedback.

A: Feedback given by the customers should be taken into account while analyzing the performance of the…

Q: Which sampling techniques can be used to gain consumer insights regarding innovative products?…

A: Consumer insights are very important in going information regarding the innovative products. This…

Q: Descriptive research is undertaken to collect data to examine the characteristics of consumers and…

A: Descriptive research is a type of qualitative marketing research that is applied to describe the…

Q: How could you describe the buying decision process by HMS customers?

A: HMS Products & Co manufactures industrial machineries. The company specialises in part transfer…