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Explain the main advantage of pricing skimming strategy.
Pricing skimming strategy is definitely a cautious strategy that is more financial then commercial. Their main advantage is that this leaves the door open for a progressive price adjustment, based on how the market and competitions develops. Through the commercial opinion this is always easier to cut a price than to increase this.
Types of intermediaries: 1. Sole selling agent\marketer: when a manufacture prefers to stay of the marketing and distribution task he appoints a suitable agency as his sole s
Q. Show the Media-Availability in advertising? Media-Availability: Sometimes it is probable that desired space for advertisements in print media is already booked by some oth
Introduction to pricing decision: Pricing is a very critical decision in the marketing management. The main objective of the firm, that is, to earn a profit very much depend
Consumer Behaviour Consumer buying behaviour refers to the buying behaviour of final consumer's individuals and households who buy goods and services for personal consump
what is test marketing? explain the various approaches that are followed by FMCG companies in test marketing.
Explain about the microenvironment of a company. The Company’s Microenvironment: The forces close to the company, affect its capability to serve its customers, the compa
Q. Objective and Task Method? This scheme considers advertising as an investment and a mean to achieve long-term business objectives. Krick Patrick has defined objectives as we
The percent of sales one product earns in relation to total market sales for all products in that category.
stages of buying process
Positioning: Meaning and definitions: positioning is a platform for the brand. It facilitates the brand of to get the target consumer. Positioning is the act of fixing the lo
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