marketing is A the development by marketers of longer-term exchange relationships with customers, suppliers, and employees for mutual benefit B selling to couples, organizations, or groups of related individuals C a process by which customers are bound both contractually and personally to the business D the initial process by which marketers can demographically and psychographically profile customers. E the psychological theory behind the concepts of "bonding" and "stakeholding" by customers

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A: (C) , Competitive analysis

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Q: Which components of a marketing plan are suitable for developing market growth strategies? Explain

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Q: Describe the role of resellers who comprise one of the major categories of business customers.

A: Note: “Since you have posted multiple questions, we will provide the solution only to the first…

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Q: Explain the overall objective of customer relationship management and the stages that customers are…

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Q: Market segmentation plays a vital role in the marketing strategy to identify the suitable customers…

A: Ans. Market segmentation is the act of partitioning your objective market into receptive gatherings.…

Q: Malcolm Gladwell published a book entitled The Tipping Point. He describes the Law of the Few,…

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Q: Compare and Contrast the role of sales and marketing in

A: The role of sales and marketing is discussed as follows-

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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.