Q: How does a company go about "marketing" its products or services?
A: Different companies use different marketing techniques before launching their products such as…
Q: In your local area, identify a group of people with unsatisfied product needs who represent a…
A: Every organisation will create value for shareholders in terms of profits and for customers in terms…
Q: When a business is doing well financially, why is it necessary to consider the viewpoint of the…
A: A business is any activity which involves buying and selling of the goods and services for the…
Q: What are the various steps a company can take to improve the quality of its marketing intelligence…
A: The marketing function is the complete blueprint from the beginning stage of planning…
Q: What do we need to analyse in marketing management?
A: These days the organizations are very competitive. The organizations are trying to gain a…
Q: What is the significance of above the line as effective marketing tool in business operatio
A: ATL strategies focus and directing to the communication towards the mass market. All promotional…
Q: Explain the fundamentals of competitive marketing strategies based on creating value for customers?
A: In order to be goal-oriented marketing companies should offer the customers with great services.…
Q: If you work for a company as a marketing controller, you've been asked to make a…
A: Customer Performance Scorecard is a process where an organization can determines which are the…
Q: How can marketing management be useful to students?
A: Marketing Management can be described as a field of study under the umbrella of management in which…
Q: Why is targeting the “right” customers so important for successful customer relationship management?
A: Customer relationship management can be referred to as a group of activities, strategies, and…
Q: How are logical fallacies used in marketing?
A: These are ambiguous statements which are devised and presented in such a way that it is assumed to…
Q: How is a marketing-oriented firm different from a production-oriented firm or a sales-oriented firm?
A: Marketing Oriented firm develops its business and products around the needs of the customer by…
Q: What is the importance of marketing strategy in the development of a business
A: Marketing is the fulfillment of the needs of consumers through the right product and right price,…
Q: What is the difference between intrinsic value and acquired value?
A: INTRINSIC VALUE: intrinsic value is the calculated value of a company, including tangible and…
Q: What is the timing for the elements of our marketing plan?
A: А dосument thаt exрlаins the аdvertising strаtegy оn whiсh аn оrgаnizаtiоn will орerаte…
Q: When implementing customer relationship management, why might a business desire fewer customers over…
A: Customer relationship management is one of the management strategies that emphasis on analyzing data…
Q: Discuss the four marketing management philosophies and highlight how both the market orientation…
A: Disclaimer: Since you have asked multiple questions, we will solve the first question for you. If…
Q: Is it a good strategy to focus most marketing efforts on the most profitable customers?
A: It isn't generally a decent procedure to concentrate the vast majority of the promoting endeavors on…
Q: What are the two major parts of a marketing strategy?
A: Marketing strategy plays a very important role in an organization. It is very useful to achieve…
Q: The most important decisions a marketing manager must make relate to the creation of the marketing…
A: Marketing is to make and retain customers. There are various important areas in marketing such as…
Q: What are the two major components of a marketing strategy?
A: The activities of a business related to the purchase and sale of a product or service are referred…
Q: What do you think are the best strategies in marketing the company's products and/or services?…
A: When it comes to promoting a new product or service for your business, there may seem to be endless…
Q: Best example of marketing topics for an dissertation?
A: A dissertation is a synonym for research completed by undergraduate or post-graduate students. It is…
Q: What is the importance of customer experience to a business success?
A: Customers play a vital role for every organization as they help to drive revenues for the business,…
Q: What is the purpose of the marketing plan, and how might it be used in managing the activities of…
A: A marketing plan refers to a document which includes description of what activities will a company…
Q: When implementing customer relationship management, why might a business desire fewer customers over…
A: CRM is the activity of establishing and maintaining relationships with customers of the company. So,…
Q: What is required in a good marketing strategy statement?
A: Marketing strategy statement is create to meet the business requirements and achieve objectives of…
Q: Marketing strategy and marketing plan are terms that can be used interchangeably? true or false
A: Marketing encompasses multiple factors and also depends on multiple factors which has direct impact…
Q: How do you expect target customer to measurably respond to your marketing strategy and tactics?
A: There are various industries and organizations that are active these days. There is the internet…
Q: What four important competitive priorities will an organization rely on to remain relevant in its…
A: Competitive priorities are the factors that determine a firm's production system to support and…
Q: What are the benefits of marketing planning?
A: A marketing plan is a step-by-step guide to introducing and delivering your product or service to…
Q: How do companies deal in managing the success of the marketing mix ??
A: Marketing Mix - It refers to a set of techniques or actions that is used by a company for the…
Q: Why is it important to have goals in marketing
A: A goal is an objective which gives direction to the person. The goal should be understandable,…
Q: How do the firms identify the most valuable customers andunderstand their needs?
A: Customers can be referred to as those people who become the purchaser of the product offered by a…
Q: Can a business or company make a marketing strategy without making marketing tactics?
A: Markets are going global these days. the organizations are trying to gain a competitive edge over…
Q: What is happening in the business world today, it could be focused in marketing or business in…
A: Marketing is the tool used by business operations to communicate their output to end-users.…
Q: why is it essential that for the company to incorporate customer relationship in its operation?
A: Customer relationship management is the process of creating and maintaining a relationship with the…
Q: How to improve your marketing strategy?
A: A marketing strategy refers to the overall business plan of an organization for reaching the…
Q: What are major marketing metrics for measuring marketing productivity?
A: Metrics are used to handle improvements and to help businesses focus their people and resources on…
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Solved in 4 steps
- Is it a good strategy to focus most marketing efforts on the most profitable customers?When implementing customer relationship management, why might a business desire fewer customers over more customers? Shouldn’t the focus of marketing be to acquire as many customers as possible?What can be a particular product (goods or service) that can be offered in the market that can eventually gain customers' loyalty?
- What role does customer segmentation play in the development of a successful business model?Explain the fundamentals of competitive marketing strategies based on creating value for customers?What are the different ways that outstanding marketing companies do to learn about and understand their customers’ needs, wants and demands?