Developing integrated approach to marketing product

Assignment Help Business Economics
Reference no: EM131391783

Developing an integrated approach to marketing a product, service, or idea ensures that the 4 Ps are compatible. There are some products whose value or utility are challenging to define and must be remarketed to existing or new target audiences. How would you market the common pencil, not the mechanical pencil, but a common ordinary pencil? Make sure you include a discussion on each of the 4 Ps. What kind of marketing tactic would you use to get consumers to purchase it and why? What would you include in the marketing mix?

Reference no: EM131391783

Questions Cloud

Is this firm maximizing profits-why : A firm is currently producing 80 units of output. At this level of output produced, P = 150 and ATC = 120. Also asume that MC = 130 and MR is constant at all output levels and equal to 150. Is this firm making profits? If so, what are these profits? ..
What is the profit maximixing level of output produced : Asuming that the market price is 166 and that the marginal revenue (MR) is also 166 (it is constant at all output levels), What is the profit maximixing level of output produced?
Required to spend hours volunteering their legal services : Do you think lawyers should be required to spend hours volunteering their legal services for pro-bono work or would a monetary contribution be sufficient? Why or Why not?
When all participants receive all treatment conditions : When all participants receive all treatment conditions, the study is susceptible to: Explain Why.
Developing integrated approach to marketing product : Developing an integrated approach to marketing a product, service, or idea ensures that the 4 Ps are compatible. There are some products whose value or utility are challenging to define and must be remarketed to existing or new target audiences. What..
Consider the labor market with frictions : Consider the labor market with frictions as in Diamond-Mortensen-Pissarides (Chapter 6). A fall productivity in that model leads to. Mutual funds that leverage (borrow money) for investment projects in securities and other lower-risk projects by pool..
Monetary union-political union and common market : The following form of economic integration has only the following: free trade in goods and services, common external trade barries, and the free flow of factors of production: Monetary Union, Political Union, Common Market, or Customs Union?
Treasury securities by the federal reserve : The sale of existing U.S. Treasury securities by the Federal Reserve: Imagine an indifference curve graph with units of clothing on the y-axis and visits to the neighborhood pizza joint for dinner on the x-axis. If the indifference curves for this in..
About the exchange rate : Suppose the U.S.-EU exchange rate is $1.10 per Euro, the U.S. has 5% inflation, and the EU has 10% inflation. Under these conditions the real U.S.-EU exchange rate, rounded to the nearest cent, is approximately:____?

Reviews

Write a Review

 

Business Economics Questions & Answers

  Consumer choice is to pick the optimal amount of blue pens

Suppose Roberta's only consumer choice is to pick the optimal amount of blue pens and black pans. No matter what combination of blue and black pens Roberta is holding, she is always willling to give up one black pens for two blue pens. What is a util..

  What type of performance measurement based process

What type of performance measurement based process was used to determine Jack Welch’s successor, Jeffrey Immelt, as CEO of GE?

  Calculate the equilibrium federal funds rate-reserves

Suppose that the demand for reserves when the federal funds rate exceeds the interest rate on reserves is given by D=40-(2*i); where I is the federal funds rate in percent and D is expressed in billions of dollars. Calculate the equilibrium federal f..

  Who farms raw cotton in perfectly competitive market

You are economic consultant for Jack, who farms raw cotton in a perfectly competitive market. One day he gives you the following data at his present level of production: Draw a graph for the raw cotton market and a graph for Jacks farm current situat..

  Panel data fixed effects regression model

Consider the following panel data fixed effects regression model: Yit = B0 + B1Xit + Y2D2+ Y3D3i + +...Y4Dni + eit

  Annual payments on the principal of the loan

If one chooses to take on debt, they can do it by loans that have (1) annual payments on the principal of the loan (2) interest payments each year with principal paid at the end or (3) no interest payments until the end when interest and principal is..

  Calculate the standard deviation of the stock return

A stock's price is $100 at the beginning of a year. There is a 25 percent chance that the price will be $90 at the end of the year, and a 75 percent chance that the price will be $130 at the end of the year. The stock will pay a dividend of $10 durin..

  Write down the budget constraint equation for him

Suppose a person has $20 to spend on music and likes both rap music (R) and country music (C) with a set of preferences so that U=C^1/2R^1/2. Suppose that the iTunes price of a rap music song is PR=2 and the price of a country music song is PC=1. Wri..

  Marketplace for tobacco

Assume there is a drought that destroys a large portion of the tobacco crop. Explain what happen in the marketplace for tobacco.

  An increase in number of fast-food restaurants

An increase in the number of fast-food restaurants

  Illustrate what is expected interest rate that will charge

Illustrate what is expected interest rate that will be charged by a bank that cannot exactly distinguish between two types but knows probabilities of each type.

  In two player game in which player has only two strategies

In a two player game in which each player has only two strategies,

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd