Identify any necessary modifications to enhance sales

Assignment Help Marketing Management

Reference no: EM133689148

Problem: After considering the scenario of estimating sales associated with different marketing mix allocation scenarios, I recommend combining time series analysis and promotional. By employing promotional methods, we can gain insights into the average sales that can be achieved and understand the preferences of our current customer base. This will enable us to identify any necessary modifications to enhance sales and improve the promotional mix. Unlike traditional methods, hypothesis testing is not reliant on past trends, making it a more effective approach for understanding current sales dynamics (Promotions Response Modelling | MM Marketing Mind, n.d.).

Reference no: EM133689148

Questions Cloud

How the product can fulfill that particular customers needs : Provide the customer with sales numbers to demonstrate how popular product is. Explain how the product can fulfill that particular customer's needs and wants.

Discuss the importance of indigenous languages in canada : Discuss the importance of Indigenous languages in Canada and how colonization has impacted them. Discuss in Detail?

Half-sum method using peuclidian distance in solver : The locations for current distribution renter ,4 expected deliveries for the facility are shown in the following table - half-sum method Using Peuclidian

Describe the lives of enslaved women in reference to sex : How does Jennings describe the lives of enslaved women in reference to sex? Include a quote from the reading and page number citation from the assigned excerpt.

Identify any necessary modifications to enhance sales : This will enable us to identify any necessary modifications to enhance sales and improve the promotional mix.

Identify a product you have purchased recently : Identify a product you have purchased recently and describe it as total product, addressing elements of marketing mix and how they influenced consumer behavior.

How were males abused under slavery : According to Foster, how were males abused under slavery? What are two examples? Include page number citations from the assigned article.

What is true about the six-box value proposition tool : What is true about the six-box value proposition tool? It articulates the specific change in target customer beliefs and behaviors you hope to bring.

Determine the optimal location for the new print shop : Determine the optimal location for the new print shop using half-sum method and Calculate the slope of the contour line passing location (x, y) = (20,24)

User Account

All Pages