MARKETING:REAL PEOPLE,REAL CHOICES
MARKETING:REAL PEOPLE,REAL CHOICES
10th Edition
ISBN: 9780135199893
Author: Solomon
Publisher: RENT PEARS
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Chapter 14, Problem 1QA
Summary Introduction

Interpretation:The meaning of buzz and ways to practice buzz building by marketers.

Concept Introduction:Buzz refers to the word-of-mouth communication between consumers that is viewed as authentic.

Expert Solution & Answer
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Explanation of Solution

People share their opinions with friends and acquaintances about various products and services. Consumers use these opinions or "buzz" in order to make their purchase decisions.

Marketers view buzz as a way of getting consumers to help their marketing efforts. It is therefore important to create buzz that works for the company and not against it. Companies spend millions of dollars to create a positive buzz around their products. According to JWT Worldwide, more than 85% of the top thousand marketing firms use word-of-mouth tactics. Although the concept of buzz is not new, technology can magnify its effect. Social media is a way to reach consumers for creating a buzz. The buzz that comes from purposeful buzz marketing campaigns is called amplified word-of-mouth. The buzz that occurs naturally is called organic word-of-mouth. Companies use both of these in buzz building.

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I need answer typing clear urjent no chatgpt used pls i will give 5 Upvotes.
I need answer typing clear urjent no chatgpt used pls i will give 5 Upvotes.
The most common product I purchase would have to be organic foods from the grocery store. Although these foods are from different producers, I feel as though most if not all utilize marking skimming as their marketing strategy for pricing their goods. Many organic foods are priced much higher than the average food product, usually doubling in cost, if not more. I have yet to find an organic food product that was the same price or cheaper than your typical comparable food item at the store. With the use of market skimming, organic food companies are focused on selling to buyers who value their product and recognize that a quality product or food source comes with a price. People who prefer to eat organic foods are typically inclined to pay whatever price that product comes with, since finding organic foods can be challenging to begin with. Since there are not as many organic food producers as there are non-organic food producers, target consumers have no choice but to purchase whatever…
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