Q: What are the impacts of information and communication technology on businesses
A: All digital technology that supports individuals, businesses, and organisations in using information…
Q: In Nike's brand mantra "Authentic Athletic Performance," which of the three words is the brand…
A: Brand though is intangible, however, it refers to the basic concept of marketing and business as a…
Q: Proverbs 21:5 says, “The plans of the diligent lead to profit.” Discuss the role of market research…
A: Research Methodology - It is a systematic approach for gathering, observing, and evaluating data or…
Q: discuss the various factors that affect the pricing of PlayStation product.
A: Pricing strategy is an essential strategy that many companies adopt to sell their products and…
Q: To increase an article's visibility, having a good relationship with whom is a big help? A) A…
A: Brand visibility Brand visibility is the frequency with which your audience encounters your brand…
Q: after three billing errors in a row, you ended your loyalty because of a ________. Question…
A: * Answer - Option A , Core service failure * Explanation- The adequate billinh comes under the…
Q: consumer service and cost reduction are two bench marks of an effective system of
A: Consumer service and cost reduction are one of the two most important benchmarks for having an…
Q: people eventually prefer to replace in-person transactions with those conducted online? If not, why…
A: Every Technoloy and tool goes through a lifecycle. There is introduction, growth, maturity and…
Q: PlayStation VR Headset Innovator Electric car Movies newly released on demand Early Adopter SUV…
A: A marketer undertake innovation process in order to improve the efficiency of their business and…
Q: Factors Influencing Customer Decisions Provide a detailed profile of your target segment using at…
A: Marketers undertakes various strategies in order to target their desired customers by selecting a…
Q: Analyzing distribution costs are essential. Identify techniques for analyzing and controlling…
A: The two kinds of physical distribution costs that are incurred are: Direct costs- These costs…
Q: You should use the indirect organizational strategy for all analytical reports? 1.True 2. False
A: When a report is written using a direct approach, then the place where the principal thought, for…
Q: Assume that you are the Director of International Marketing for a company producing refrigerators.…
A: Market penetration strategies refers to such strategies through which the marketers can easily enter…
Q: How would you define a popular website? What alternatives do small businesses have if they cannot…
A: Businesses need websites that can help them to update information about their brand, products,…
Q: Give an overview of the strategies and partnerships that can be used for online marketing, including…
A: Partnerships and online marketing tactics may be utilised to raise brand awareness and boost…
Q: Multi Criteria Approach
A: A Multi-Criteria Analysis (MCA) can be used to classify and compare different strategy options by…
Q: Select a basis for pricing your product (cost, demand, and/or competition). How will you know when…
A: Playstation is a home console for video games by Sony. It's competitors are Nintendo, Microsoft etc.
Q: What are the advantages of Market aggregation ?
A: Introduction :- Market aggregation is a marketing strategy that involves advertising products to a…
Q: What are the purpose of Test Marketing ?
A: Introduction :- The majority of organizations use test marketing to determine whether their products…
Q: define how digital marketing differs from interactive and Internet marketing?
A: Online platforms have revolutionized the marketing of products to a large extent. The platform is so…
Q: The offering's target market, the value created by the offering in this market, and the key
A: The offering's target market, the value created by the offering in this market, and the key…
Q: 10. Identify and briefly describe four out of the five most common classifications for the way that…
A: Project termination is a crucial component of project management. There are generally five different…
Q: Growth Strategies: Where Do We Want To Go? In this learning activity, we will develop skills related…
A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: How do companies detect theft or fraud in indus
A: Fraud or theft in any organization is in no way preventable. Senior managers or entrepreneurs have…
Q: formulate strategies that can meet the goals/objectives of a company. These strategies can be at…
A: Strategies can be defined as having a certain direction to go ahead for archiving the aims and…
Q: Ellie writes eBooks for people in business and has a very reputable name but is branching out to…
A: Ellie can use many different strategies for the pricing of children’s books.
Q: How would you define a popular website? What alternatives do small businesses have if they cannot…
A: The person who starts a small business in an innovative way is called an entrepreneur. He is the…
Q: Which of these is NOT identified as a reason companies engage in prosocial activities
A: Maximizing social capital return for angel investors, the first group of investors to help launch…
Q: If a wedding gown showroom only has the time and resources to clean the customer restrooms or the…
A: Marketing Environment - Retail stores or showrooms are brick-and-mortar stores that provide varied…
Q: When making and evaluating pricing decision, managers must consider many factors, some of those…
A: Pricing strategy is a science that necessitates the consideration of numerous elements if managers…
Q: Explain the difference between the benefits and features of a product/ solution. Please provide…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Discuss various functions performed by Distribution Channel .
A: Introduction :- A distribution channel is a network of firms or middlemen that a commodity or…
Q: How can Public Relations affect public opinion?
A: Public relation is a part of marketing communication that strategically builds a mutually beneficial…
Q: Through three examples, show how different "marketing appeals" around the Western New Year are…
A: Marketing appeal is persuasive strategy used by a brand to convince the prospective customers into…
Q: Describe each of the following structures: functional, multidivisional, and matrix. Under what…
A: As an organization grows in size, it has to adjust it's way of working by changing it's structure…
Q: what is an internal industry analysis of the dry fruit products in africa ? detailed answer in three…
A: By the end of the projected period, the market for dried fruits in Africa is expected to have grown…
Q: The ________ phase is the gateway to customers' interaction with the company's offering. It is in…
A: The awareness stage serves as the entry point for customers to interact with the company's product…
Q: four installation strategies
A: The process of preparing equipment, including software and hardware, for usage is known as…
Q: Do you feel that advancements in marketing technologies such as big data and predictive analytics…
A: No, marketing technology advancements such as big data and predictive analytics would not have been…
Q: What is Etsy market potential?
A: Etsy, Inc. is an American e-commerce seller focused on handmade or vintage products and craft…
Q: SAMSUNG TAG IS A NEW PRODUCT CONCEPT THAT IS BEING DEVELOPED BY “SAMSUNG”. PREPARE AN INTRODUCTION…
A: Samsung is by far of the biggest electronics companies in many nations. It's a South Korean company…
Q: Anna worked as an employee of a computer conglomerate. As part of her job, she produced a unique any…
A: Patented by the computer conglomerate, because they own the rights
Q: Nordea banker quotes bid-ask rates of 1.3990-1.4000 CHF/EUR. (euro is the base currency). What is…
A: A pricing strategy is a plan or process for choosing the most competitive price for a good or…
Q: Compare the following: a. Business-to-consumer (B2C) vs Business-to-employee (B2E) b.…
A: Disclaimer: Since you have posted a question with multiple sub-parts, so we will solve first three…
Q: Critically discuss the similarities and differences between the standardisation and/or adaptation…
A: McDonald's and Burger King, both companies are American based fast food chain restaurants. They both…
Q: How does branding help buyers? Explain using examples
A: Brands assist Buyers in narrowing their selections. By letting people know what to expect from a…
Q: What is a symptom-based diagnostic charts and how can symptom-based diagnostic charts help you…
A: An organization has so many stakeholders, working together to satisfy customer needs. To gauge the…
Q: women do the shopping, they are loyal to a specific brand, whereas men are most interested in…
A: Market research is conducted by the marketers to study the existing market conditions that will help…
Q: 8) See the below example of a social media post. It is linked to a YouTube video (note: It is a long…
A: Nowadays, all firms use social media marketing. The main aim of the using the social media…
Q: Identify the main assumptions made in the venture plan and how these will be verified/measured
A: Venture Plan Free enterprise and New Venture Planning introduce participants to the process of…
At what stage in the product life-cycle would sales volume tend to decrease sharply? Why?
Step by step
Solved in 2 steps
- What is the price at which the product becomes tooexpensive for the target market?Select a product you are familiar with. Do research about that product. Based on your knowledge of the product life cycle, what types of changes will occur to your selected product as it continues through the product life cycle? How will this affect the marketing of your selected product?Select a product with which you are familiar (Please do not use any APPLE products). Based on your knowledge of the product lifecycle, what types of changes will occur to your selected product? How will this affect the marketing of your selected product?
- Select a product you are familiar with. Based on your knowledge of the product life cycle, what types of changes will occur to your selected product as it continues through the product life cycle? How will this affect the marketing of your selected product?Would the product enhance the image of the company’s overall product mix?Using an example to illustrate your answer, discuss how and why the product element of the marketing mix should be managed across the FOUR stages of the product life cycle.