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Most firms practice the selling concept when they have excess inventory or when their products require aggressive marketing to stimulate demand. This approach f  
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Marketing Advertising and Sales  
  
  
  
  
  
  
  
  
  
What are four types of target markets?  
  
  
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Four types of target markets include demographic, geographic, psychographic, and behavioral segments. Demographic targeting focuses on characteristics such as a  
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Marketing Advertising and Sales  
  
  
  
  
  
  
  
  
  
Marketing have various social criticism Deceptive pricing and high pressure selling are two main criticisms Discuss each one in detail?  
  
  
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Deceptive pricing involves misleading consumers about the true cost of a product, often through tactics like false discounts or hidden fees, which can erode tru  
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Marketing Advertising and Sales  
  
  
  
  
  
  
  
  
  
What are the market segmentation methods?  
  
  
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Market segmentation methods typically include demographic, geographic, psychographic, and behavioral segmentation. Demographic segmentation divides the market b  
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Marketing Advertising and Sales  
  
  
  
  
  
  
  
  
  
What is the purpose of using a digital marketing agency?  
  
  
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The purpose of using a digital marketing agency is to help businesses establish, grow, and optimize their online presence to attract more customers and increase  
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Marketing Advertising and Sales  
  
  
  
  
  
  
  
  
  
What are the steps involved in sales forecasting?  
  
  
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Sales forecasting involves several key steps: first, data collection, where historical sales data and market trends are gathered. Next, analysis of this data is  
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Marketing Advertising and Sales  
  
  
  
  
  
  
  
  
  
What is An original model of a new product after which all other products of that type are copied?  
  
  
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An original model of a new product that serves as a benchmark for subsequent versions is known as a "prototype" or "flagship product." This   
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Business & Finance  
  
  
  
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What are some examples of effective demand?  
  
  
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Effective demand refers to the desire for a good or service backed by the ability to pay for it. Examples include consumers purchasing smartphones, as they not   
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Marketing Advertising and Sales  
  
  
  
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What is bleed-over positioning for online firms?  
  
  
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Bleed-over positioning for online firms refers to the strategy of leveraging successful branding or marketing from one product or service to enhance the visibil  
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Marketing Advertising and Sales  
  
  
  
  
  
  
  
  
  
What is advertising-supported software?  
  
  
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Advertising-supported software is a type of software that is offered to users for free or at a reduced cost, with the revenue generated through advertisements i  
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Marketing Advertising and Sales  
  
  
  
  
  
  
  
  
  
What is a example of national brand?  
  
  
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An example of a national brand is Coca-Cola. Known for its iconic beverage, Coca-Cola has a strong presence across the United States and in many countries world  
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Marketing Advertising and Sales  
  
  
  
  
  
  
  
  
  
What is so distinct about service marketing that it requires a special approach and set of concepts?  
  
  
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Service marketing is distinct because services are intangible, inseparable from their providers, and often perishable, making traditional marketing strategies l  
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Marketing Advertising and Sales  
  
  
  
+1  
  
  
  
  
  
  
  
  
  
What are the advantages of external public relation?  
  
  
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External public relations (PR) offers several advantages, including enhanced brand visibility and reputation management. By effectively communicating with the m  
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Marketing Advertising and Sales  
  
  
  
  
  
  
  
  
  
In marketing are niche competitive advantages quite common?  
  
  
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Yes, niche competitive advantages are quite common in marketing, particularly for businesses targeting specific segments of the market. By focusing on a narrow   
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Marketing Advertising and Sales  
  
  
  
  
  
  
  
  
  
What menu statements would be controlled by truth in advertising laws?  
  
  
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Truth in advertising laws require that menu statements accurately reflect the food and drink being offered. This includes claims about ingredients, portion size  
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Marketing Advertising and Sales  
  
  
  
  
  
  
  
  
  
When a straight forward proposition is used in advertising it is called?  
  
  
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When a straightforward proposition is used in advertising, it is called a "unique selling proposition" (USP). This concept highlights a specific benef  
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Marketing Advertising and Sales  
  
  
  
  
  
  
  
  
  
What does promotion strategies mean?  
  
  
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Promotion strategies refer to the various methods and tactics used by businesses to communicate with their target audience and persuade them to purchase their p  
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Marketing Advertising and Sales  
  
  
  
  
  
  
  
  
  
how much is the new york new york ride do Cadbury promote their products?  
  
  
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Cadbury promotes its products through a mix of traditional and digital marketing strategies. They often utilize engaging television advertisements, social media  
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Marketing Advertising and Sales  
  
  
  
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Why are stock-out costs difficult to determine?  
  
  
Asked by Anonymous  
  
  
  
Stock-out costs are difficult to determine because they encompass a variety of factors, including lost sales, customer dissatisfaction, and potential long-term   
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Marketing Advertising and Sales  
  
  
  
  
  
  
  
  
  
How can the increased interest in international marketing on the part of US firms be explained?  
  
  
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The increased interest in international marketing by U.S. firms can be attributed to globalization, which has expanded market opportunities beyond domestic bord  
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Banking  
  
  
  
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What is the target market for ABSA bank?  
  
  
Asked by Anonymous  
  
  
  
ABSA Bank targets a diverse market that includes individual consumers, small and medium-sized enterprises (SMEs), and large corporations. Their offerings cater   
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Marketing Advertising and Sales  
  
  
  
  
  
  
  
  
  
Is a strategy that entails forging long-term partnerships with customers?  
  
  
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Yes, a strategy that entails forging long-term partnerships with customers is often referred to as relationship marketing. This approach focuses on building str  
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Marketing Advertising and Sales  
  
  
  
  
  
  
  
  
  
What is wordplay in advertisements?  
  
  
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Wordplay in advertisements refers to the clever and creative use of language to engage consumers and make a brand memorable. It often includes puns, alliteratio  
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Marketing Advertising and Sales  
  
  
  
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What are the implications each of needs want demand in jetblue practices?  
  
  
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In JetBlue's practices, needs refer to the essential services like safe travel and customer service that ensure passenger satisfaction and safety. Wants encompa  
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Marketing Advertising and Sales  
  
  
  
  
  
  
  
  
  
What is the target market for IKEA company?  
  
  
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IKEA primarily targets young, budget-conscious consumers, including students, first-time homeowners, and families seeking affordable, stylish furniture and home  
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