Reference no: EM133613878
1. Before the beginning of this class, what did you expect marketing to be?
Is what you learned in chapter similar to your initial understanding of marking? Explain
Now pick a product and describe how you can persuade a friend that marketing enhances a mutually beneficial exchange between a customer and a company.
2. What social problem do you think is the world's biggest? Wars? Global warming? Resource imbalances?
How could you start to solve one of the big social problems (listed above) through marketing?
3. New businesses are frequently launched as a means to address a current glitch in the industry. Pick an industry and identify a typical customer problem. What changes could you make to enter that industry and enhance customer satisfaction (and be profitable)?
4. How might you obtain data to segment visitors to your city's public parks, by day of week and time of day? What would you expect to find?
5. List and define the two marketing strategies. Which one of the strategies do you prefer and why?
Describe how you would apply the preferred marketing strategy to market the product you selected in question 1 plz answer all questions thoroughly and give reference