Marketing
Marketing
14th Edition
ISBN: 9781259924040
Author: Roger A. Kerin, Steven W. Hartley
Publisher: McGraw-Hill Education
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Chapter 22, Problem 1AMK

a)

Summary Introduction

To discuss: The ratio of incremental sales revenue to incremental marketing efforts at the bottom of the curve.

Introduction:

The cause and effect of the sales with sales effects is termed as sales response function or sales response curve.

a)

Expert Solution
Check Mark

Explanation of Solution

Bottom:

At the bottom of the curve, there will be a low ratio because the slope of the curve will be flat. This denotes that there is no additional sales revenue made with the additional units of incremental marketing efforts.

b)

Summary Introduction

To discuss: The ratio of incremental sales revenue to incremental marketing efforts at the middle of the curve.

Introduction:

The cause and effect of the sales with sales effects is termed as sales response function or sales response curve.

b)

Expert Solution
Check Mark

Explanation of Solution

Middle:

At the middle of the curve, there will be a high ratio because the slope of the curve will start rising from bottom. This denotes that there is additional sales revenue made with the additional units of incremental marketing efforts.

c)

Summary Introduction

To discuss: The ratio of incremental sales revenue to incremental marketing efforts at the middle of the curve.

Introduction:

The cause and effect of the sales with sales effects is termed as sales response function or sales response curve.

c)

Expert Solution
Check Mark

Explanation of Solution

Top:

At the top of the curve, there will be a low ratio because the slope of the curve will be flat. This denotes that there not much of additional sales revenue made with the additional units of incremental marketing efforts.

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James Shoe Emporium, a retail brick and mortar shoe store caters to the higher income market in your country. However, the establishment has been experiencing falling revenue since the August 2024. The owner of the company believes that marketing and selling his shoes via the internet might be the solution. He has hired you to formulate an emarketing plan to do so.   You have decided to use the following e-marketing strategies (content marketing, email marketing, mobile marketing, online advertising and social media engagement). Why? State how you would manage ethical and legal issues in the digital environment.
James Shoe Emporium, a retail brick and mortar shoe store caters to the higher income market in your country. However, the establishment has been experiencing falling revenue since the August 2024. The owner of the company believes that marketing and selling his shoes via the internet might be the solution. He has hired you to formulate an emarketing plan to do so. Develop a background for James Shoe Emporium. Describe the following: location of the company – country and city/town, type of shoes sold and price, the target market. State why the owner is considering using e-marketing. What benefits can e-marketing bring?
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