Q: What is the benefit for: the organization, the society or the consumer in terms of marketing after…
A: The advantages of marketing after the introduction/discovery of a new product in the market could be…
Q: In Kotler's marketing definition, what does "delivering value" mean?
A: Delivering value to customers is all about providing products and services which will satisfy…
Q: Why is a marketers experience important in taking decisions about the product portfolio despite…
A: A product portfolio is the collection of all the products or services that are offered by a company.…
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: Satisfaction of consumer needs and wants is the focal point of the marketing philosophy and the…
A: A business entity that pursues a marketing concept can adapt effectively to its environment.…
Q: How do you provide the right place for the customer to access and experience your product( dress)?
A: Place Is one of the 4ps of marketing mix. Place is one of the significant components of marketing…
Q: How do companies use target markets to sell products?
A: The selection of the target market is the second stage in the marketing planning process. This step…
Q: What is a customer solution and what does it have to do with selling?
A: Cost is the value of money used to produce something or delivering services to the targeting…
Q: What are the buying behaviors of the target customers inside the premises of the competitors?…
A: Consumer buying behavior - It is the study of consumers' purchasing, usage, or disposal patterns…
Q: Why customer value matter for the company?
A: Customer value means giving what customers really want. It means identifying the actual needs of the…
Q: What are the types of decisions related to each element of the marketing program for delivering a…
A: A Marketing program is a set of activities planned by the business that is designed to create a…
Q: What is the range of the target market?
A: Ans. Introduction With regards to marketing your business, everything revolves around characterizing…
Q: If the women (30-40 years old) were your target market, what do they need?What do they want? What…
A: The targeted market for a company is the customers for which the strategies, policies, goals,…
Q: So what is a customer solution and what does it have to do with selling?
A: Customer problems are often solved by business ideas. It can be any problem from big to small. It…
Q: What benefits will your product provide to the customer? How will these benefits play a role in…
A: The marketer desires to communicate with their customer using multi-channels and a better…
Q: How can you measure your customer experience?
A: Customer experience is an important factor to boost customer loyalty. It gives insights on how the…
Q: Why is it important to observe consumers and customers to develop new products?
A: Consumer is an individual or organization that consumes or purchases products or services from the…
Q: Develop a SWOT analysis of any one product of your choice by comparing two models. Note: Do not…
A: SWOT analysis is a popular policy executed by companies to evaluate their strategic and competitive…
Q: Why is it important to actually observe consumers and customers to develop new products?
A: Forecasting is the process of making assumptions of future events based on past and present…
Q: What are the effects of doing business via online in consumer selection of products or services…
A: The following three elements will influence a consumer's buying decision: Personal Pyschological…
Q: What is the difference between intrinsic value and acquired value?
A: INTRINSIC VALUE: intrinsic value is the calculated value of a company, including tangible and…
Q: What is the importance of product value in marketing?
A: Marketing can be defined as a field of business studies which deals with how a company makes its…
Q: What is the buyer really buying?
A: The customer is really buying experience as a whole to satisfy their fundamental needs. They are…
Q: As a consultant hired by The Santa Fe Grill, what qualitative information do you need to collect to…
A: The consumer behavior of the customers are based on various factors of a company such as their CSR…
Q: Explain Why is it important to actually observe consumers and customers to develop new products?
A: When a company decides to design a new product and launch it in the market, the 1st step they take…
Q: How do consumer products differ from industrial products?
A: Products are offerings of the company for the customers in order to fulfill their needs. A product…
Q: Shouldn’t the focus of marketing be to acquire as many customers as possible?
A: Marketing - It is the process of business that involves activities of selling and promoting products…
Q: When buying products, consumers expect certain outcomes from the purchase. What is that?
A: There are different organizations and industries that are active these days. There are different…
Q: What advantages and disadvantages do you have inmeeting the target market’s needs?
A: The advantages of meeting the needs of target market are that you are able to open the stores more…
Q: There are five different core customer and marketplace concepts. 1. Customer needs, wants and…
A: The concept of marketing helps the firm to analyze the customer needs that increase company sales…
Q: To what does !he lifetime value of the customer refer, and how is it calculated?
A: Customer lifetime value (CLV), sometimes referred to as lifetime value (LTV), is the profit margin a…
Q: How Much Is a Satisfied Customer Worth?
A: Customer loyalty is very crucial, and businesses should never overlook it. One of the crucial…
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: How are traditional ideals passed on today? What role do values play in customer decision-making…
A: The basic ideals, convictions, and concepts forming society are cultural traditions.
Q: How does consumers provide value to a product or service?
A: Customer value is the perceived value of a customer for a good or service, that is recorded as the…
Q: What is on-demand marketing ?
A: Mаrketing refers tо асtivities а соmраny undertаkes tо рrоmоte the buying оr selling оf…
Q: What is a new product? Why is understanding new products so important to marketers? What are the…
A: New products are products that have never been made or sold before that have been taken to the…
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