In what ways Burger King could have attracted customers? Or it is not a feasible product? Discuss in detail

Q: Analyze the marketing strategy technique used by Maruti Suzuki for its Nexa showrooms to cater to a…

A: Marketing strategy is the plan that helps an organization in focusing and using its resources on the…

Q: Using the personal value equation, Provide an example of how value is achieved for a consumer.

A: The personal value equation is a framework that helps consumers evaluate the value they derive from…

Q: Explain

A: Talking about the marketing plan, thwn it will help the business to grow as they design strategies…

Q: What is meant by make or buy? What are the key make or buy success factors?

A: The make-or-buy decision is often referred to as the outsourcing decision. It refers to a decision…

Q: Explain, why customer knowledge, is important for businesses

A: Customer knowledge is the degree to which a company understands its clientele. This includes…

Q: why is mcdonald’s a better to eat at than wendy’s for customers?

A: McDonald's is a fast food giant and a dominant player in the fast food industry with a huge…

Q: What role does Marketing play in our society? How does it influence us?

A: There are different organizations and industries that are providing many kinds of commodities and…

Q: People can apply marketing principles to finding a job. If the personlooking for a job is the…

A: Place, Promotion, and Price are the other 3 P's if the job seeker is the "product."

Q: Explain the concept of Lifetime Customer Value. Includes the ideas of profitability and measuring…

A: About Customer -The core of the customer concept is comprehending and satisfying customers' needs…

Q: what is the most meaningful concept in marketing? Make a reflection of what marketing means to you…

A: Marketing, often misconstrued as a mere mechanism for selling products, is a dynamic and…

Q: For the Ring secutiry device, choose one growth strategy for this product: market penetration,…

A: Once the company is into the business, there are different stages like introduction, growth,…

Q: Discuss the concept of customer lifetime value. Explain why this is a concept that marketing…

A: Customer lifetime value is the customer's value which he contributes to a business over his entire…

Q: Do you think the following market segmentation criteria listed below bring market opportunities to…

A: Disclaimer: Since you have asked multiple question, we will solve the first question for you. If you…

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.