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What are some benefits of a firm by retaining its customers?
A firm accrues several benefits by retaining its customers are as give below:
Increased Revenue: it increases in revenue.
Decrease in Cost of Selling: it is profitable in the future.
Advertising: use for marketing.
Cross Selling Possibilities: There is potential customer includes.
Structural Ties: it attracts new customers.
States the term Product Line and discuss in brief. Product Line: This is a group of products which is closely related since they perform a similar function, targeted at s
Q. Illustrate the Effect on Consumer Choice? Effect on Consumer Choice:- Advertising has favourable consequence on consumer-choice. Advertising give information about a variety
Marketing communications Marketing communications recognise the development of channel or trade marketing. Numerous organisations have moved away from the traditional control
How is searching the reasons of distribution channels in economics system? Searching: Buyers and sellers are constantly engaged within search for consummation of required
define marketing .its importance
Question 1: As a Marketing Consultant for a well known brand in an industry of your choice, you have been asked to: a. explain how the principle of branding can be used to
Illustrate the main roles of communication At a fundamental level, communication can assume one of four main roles: 1. It can inform and make potential customers aware of a
Advertising management: advertising management involves the major decisions in the management of the advertising. Broadly it includes the following activities: 1. Settin
what is branding???
describe the ford needs to do to make sure its sensitive to change in the cultural environment of a country
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