Which of these is not a good reason to generate new products? New products help you increase your share of the market New products increase your profitability New products serve the need for news for your marketing calendar (Incorrect) New products provide growth for your portfolio

Q: larifying target markets, outlining sales goals for each product or sevice, and describing a…

A: A marketing plan is be a written plan that lists a firm' marketing approach for client acquisition…

Q: If a Business is compared to a car, state which apart of the car you consider Marketing to be and…

A: Introduction:  To understand 'marketing', we need to understand the word 'market' first. 'market'…

Q: e) Do you think giving the chocolate bar a brand name was necessa success? Justify your answer.

A: Answer e) Yes, brand a simple chocolate bar is a beneficial and effective method since without a…

Q: In the cereal market adve O 20% O None of these three p O 10%

A: Marketing is the fulfillment of the needs of consumers through the right product and right price,…

Q: Managing a company's reputation is one of the primary objectives of a marketing department. Do you…

A: One of a marketing department's main goals should be to manage the company's reputation, but it's…

Q: How might you "ask customers not to buy"?  Give specific examples of how you have either developed…

A: A person can ask customers not to buy as a strategy by differentiating his products with the rivals…

Q: What distinguishes OOPs from other types of products?

A: In the context of software development, OOP (Object-Oriented Programming) is a programming paradigm…

Q: You've just started working as a consultant for a major beverage manufacturer. Your overall…

A: As the world becomes more digital, a strong online presence is more important than ever. This…

Q: What is your personal unique selling point and the key aspect that differentiates you from others?…

A: Let's answer from the viewpoint of Person X. X's unique selling point lies in his ability to process…

Q: Marketing strategies vary at different stages of the product life cycle. Determine which stage of…

A: Like business go through the stages, same product or service also. The Product and service's life…

Q: Choose the correct Which of the following constitutes the fruit of successful marketing represented…

A: Distribution means delivery of the product to the purchaser through a channel. This process starts…

Q: Specialty products require a lot of advertising, personal selling, and other marketing efforts…

A: The business function through selling variety of products to its customers either in tangible or…

Q: From the current 7Ps of your chosen company (NETFLIX), suggest some strategies on how they can…

A: Marketing is the process of creating, communicating and delivering customer value. The marketing…

Q: Prepare an essay comparing and contrasting a 4-P (price, product, place, and promotion) approach to…

A: A marketing mix is a strategic tool that helps to advertise the products of the organization. A…

Q: Faced with a selling situation, do you have a sales orientation or a customer orientation?

A: There are many approaches of selling but it need context to be known before utilising any approach

Q: With respect to the extract, identify and discuss the key functions performed by amazons marketing…

A: Based on the supplied extract, the Amazon marketing team carries out the following essential tasks:

Q: What is a market niche? O a) A small group of consumers with unique needs and who typically are…

A: Market refers to the place here buyers and sellers of goods or services interact. Due to increase in…

Q: Assess your buying behavior. How do you go about deciding whether or not to buy a certain product?…

A: The needs of the customers are endless and still, the customers do not buy all the products they see…

Q: Rivalry among competing sellers grows in intensity when   A) rivals have similar strategies and…

A: Porter's five forces are the model that is used for the identification and analysis of the five…

Q: Questions: For this discussion, think of an example of a product or service offering that has either…

A: A business firm needs to identify and analyze customers' demands, needs, and wants. Business firms…

Q: According to the text, the proper function of marketing is to persuade consumers to buy what firms…

A: Marketing is not only associated with advantages but has many disadvantages also. The first…

Q: Look for a nearby company that recently introduced a new consumer product as an example. Describe…

A: The four Ps must be carefully examined and wisely implemented in order to successfully market a…

Q: If trying to come up with a marketing plan for undersold product – how would I reposition the…

A: Note: The answer has been framed in a generalized manner.A marketing strategy is similar to a…

Q: What is marketing? Can you describe here as if you explain to your friend (of course not Business…

A: Marketing is a process by which companies create value for customers and build strong customer…

Q: omplete a Marketing Plan that introduces a new product by an existing Fortune 500 company.

A: INTRODUCTION -  This marketing plan outlines the introduction of a new product by an existing…

Q: How do sales strategies affect the marketing decisions of the manufacturer? Explain any two…

A: 1 Optimize your website for searches The first step in your manufacturer or distributor selling…

Q: What is the major distinction between the production era and the sales era?

A: The fundamental contrast among sales and production is that you should deliver an item before you…

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: Tell me about a time you struggled to get your point across in an online class or programme. Do you…

A: One common obstacle in online classes or programs is the lack of face-to-face interaction with…

Q: Management, technology, and organization of the information system?

A: The hardware, software, procedures, and personnel that are utilized to gather, store, process, and…

Q: Give an examples of a recent purchase experience in which you were dissatisfied because a firm’s…

A: The 4Ps are known as the marketing mix, and they are what a marketer uses to promote a company's…

Q: You have been asked to add a stripped-down model to your line that could be advertised to pull…

A: There are cases where organizations face difficult choices regarding the practicality of offering a…

Q: What is a market offering? Give a recent example of a market offering that has satisfied your need…

A: Market offering is the combination of products and services which company provides to the customers…

Q: Exciting new opportunities have presented themselves to you in the form of a consultant position…

A: As a consultant for a large beverage manufacturer, you must develop a comprehensive marketing…

Q: How do you calculate the return on marketing investment (rOMI)? How can a business benefit from…

A: The return on marketing investment is calculated as follows-

Q: You've decided to accept a consultancy job with a major beverage manufacturer. Your overall…

A: As a consultant for a major beverage manufacturer, my overall marketing strategy would include a…

Q: People say that targeting any group of consumers who are willing and able to purchase a product is…

A: A good marketing strategy does not force any one to buy the product or service, it has to create a…