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State the Size and Geographic Dispersionof target audience
Final characteristic concerns the size and geographic dispersion of target audience. A consumer audience, often national, can be reached effectively only if tools of mass communication like advertising and sales promotion are used. In the same way, various specialist businesses require personal attention to explain, design, demonstrate, install and service complex equipment. In these circumstances personal selling - one-to-one contact - is of greater significance. Tools of marketing communications can enable an organisation to speak to vast national and international audiences through advertising and satellite technology or to single persons or small groups through personal selling and assistance of word of-mouth recommendation.
Problem 1: (a) Define the four most important cost concepts. (b) Describe clearly the statement, ‘Buyer and seller may have different perspectives on what price means'.
Product item: product item means a specific product of the certain specifications and may be distinguish from the other product, or brands. A particular brand of a product is a pr
Give examples of product line strategies.
State the term- Message content In general, there is high-involvement in many business-to- business purchase decisions hence communications tend to be much more rational and
what is test marketing ? explain the various approaches that are followed by FMCG companies in test marketing?
How is convenience of making comparisons affected in e-commerce? Convenience of making comparisons: E-commerce assists consumers to make comparisons during shopping. Aut
Selection Criteria of every tool Key criteria governing an organisation's selection and use of every tool are: 1. Degree of control required over the delivery of the messa
Increase in Non commercial Ads: - These days a variety of non commercial ads are issued by government departments Social organizations for general public. For instance ad on awaren
3. Select any of the Godrej SBUs and undertake a PEST analysis with regard to its business. Identify products which can be considered for launch by the selected SBU.
Illustrates the term Pricing Strategies? Pricing Strategies: As developing pricing strategies for the global market, one should consider the external and internal environ
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