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Q: Can your auction company's website use the registered names of toys such as hot wheels Star Trek etc?
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Continue Learning about Marketing

What is the purpose of setting aims?

The purpose of setting your aim on something or setting your goals is that without some type of goal you have no drive in any specific direction in life. We all should at some time set some goals for our lives. Setting one goal is fine but things can change and you need to progress in another direction rather than spin your wheels or sit there dazed. To set a goal is to look to the future. Where will I be in twenty years? What will I want to be doing or have in thirty years. You need to have something to train for, prepare for, and most importantly, pray for. Setting goals for short term things is just as important. If you have a science project due in three weeks, it would be good to set your aim on the end project and set goals to acheive along the way. What do you need to have accomplished on day three of the project? What do you need to have ready on day 8 of the project? With goals you can do things in an orderly fashion and keep to schedule. With aim, you will know what you want and what you have to strive for.


How often should a marketing plan be revisited?

As often as needed...(old answer but still true) How often you come back to your "marketing plan" should really depend on your business plan. There are many different types of business plans, some people actually confuse their marketing plan with the business plan and you should understand the difference to start with. Your business plan should be an overall strategy of how your business should be ran and how that will translate into revenue and how you plan on achieving this. Of course part of this overall strategy should include marketing, but this is only one part of the document. When you are setting up your business plan you should set targets, goals and other metrics that should be measured and workers or employees should be made accountable to. These are the guidelines that should be used to tell how often you need to go back to the drawing board on your marketing plan or at least when a tweak is needed. Checking your effort compared to the return you are seeing on lead captures, sales or whatever other metric is important to your business should be measured at least weekly to assure that you are on track an not just spinning your wheels.


What are the five needs of every customer?

The Six Basic Needs of Customers1. FriendlinessFriendliness is the most basic of all customers needs, usually associated with being greeted graciously and with warmth. We all want to be acknowledged and welcomed by someone who sincerely is glad to see us. A customer shouldn't feel they are an intrusion on the service provider's work day!2. Understanding and empathyCustomers need to feel that the service person understands and appreciates their circumstances and feelings without criticism or judgment. Customers have simple expectations that we who serve them can put ourselves in their shoes, understanding what it is they came to us for in the first place.3. FairnessWe all need to feel we are being treated fairly. Customers get very annoyed and defensive when they feel they are subject to any class distinctions. No one wants to be treated as if they fall into a certain category, left wondering if "the grass is greener on the other side" and if they only received second best.4. ControlControl represents the customers' need to feel they have an impact on the way things turn out. Our ability to meet this need for them comes from our own willingness to say "yes" much more than we say "no." Customers don't care about policies and rules; they want to deal with us in all our reasonableness.5. Options and alternativesCustomers need to feel that other avenues are available to getting what they want accomplished. They realize that they may be charting virgin territory, and they depend on us to be "in the know" and provide them with the "inside scoop." They get pretty upset when they feel they have spun their wheels getting something done, and we knew all along a better way, but never made the suggestion.6. Information"Tell me, show me - everything!" Customers need to be educated and informed about our products and services, and they don't want us leaving anything out! They don't want to waste precious time doing homework on their own - they look to us to be their walking, talking, information central.


Explain the product mix pricing strategies with example?

Product Mix Pricing StrategiesA lot of companies have products with variants rather than than offering just a single version of the product. This is done to target different groups of consumers so that the company can get something out of every segment. For this Product Line Pricing is used in which their are different price marks which then vary on quality, features, and requirements. For examaple Dell the PC manufacturer makes a lot of different versions of its Pcs which then range from $269 to $25000.Optional-Product pricing is often used with Product-line Pricing in order to sell more to the customers, this is mostly done by electronic companies who prompt you to buy accessories as well with your original product for a better experience. Dell again is another good example of this as when ever you buy a Dell you get options to buy other accessories such as mice, speakers, keyboards, storage devices, flash drives, printers, etc. Car manufacturers are practice this to increase revenues as they offer add-ons such as alloy wheels, cd changers, leather interior, spoilers, and other trim options.Then there is Captive Product Pricing, which involves selling and making products that must be used along with the main product. Examples being; printer cartridges, video game cartridges, Razor blades, staples, computer software, or camera film(or memory cards these days).Another clever strategy is By-Product Pricing in which the company sells its By-products at a very cheap rate in order to attract customers to buy the firms main products.Most Customers are very much attracted when they see Bundle offers, a company may earn more revenue by selling different products in a bundle and giving discount on it, this way they will be able to sell more and give the customers more value. A very common examples is of restaurants which make food deals like Mc Donlads, KFC, Pizza Hut, all they do is bundle in a couple of their products discount them a little and that's its. The customer would be more willing to buy a set bundle rather than buying the same things separately. This is called Product Bundle Pricing.


Related questions

What are the release dates for Auction Hunters - 2010 Hot Wheels 2-23?

Auction Hunters - 2010 Hot Wheels 2-23 was released on: USA: 1 November 2011


Where can one purchase rims for a Harley?

You can purchase rims for a Harley online from the Renegade Wheels website. Alternatively, you can also purchase these rims from auction websites such as eBay and classifieds such as Craigslist.


Where can one purchase Pram wheels?

You can purchase Pram wheels online from websites such as Alibaba. Alternatively, you can also purchase these wheels online from auction websites such as eBay.


Where can one purchase alloy wheels?

You can purchase Alloy Wheels online from the Big Wheels website. You can also get these wheels from the Alloy Wheels website or from retailers such as Amazon.


Where online can one purchase replacement automotive wheels?

You can purchase replacement automotive wheels from the autopartswarehouse website, the kten website, the amazon shopping website and the partstrain website.


What Website that have yak wheels?

You can buy yak wheels at www.yaksearch.com or at www.skaterhq.com. These are the best websites that have yak wheels.


Where can Hot Wheels trucks be bought?

You can purchase Hot Wheels brand toy trucks from the Toys'R'Us store or from their official website. Alternatively you may purchase directly from the Hot Wheels official website or from the Amazon shopping website.


What is the best website to find cheap camaro tires and wheels?

The best website to find cheap camaro tires and wheels is ANDY'S AUTO SPORT ( http://www.andysautosport.com/wheels/chevrolet_camaro.html )


What is a reliable source where Mini Cooper wheels can be bought?

A reliable source to purchase Mini Cooper Wheels is from the Carid Website. Once on the website, select the year of your vehicle to browse compatible wheels.


On Saab Wheels' website what are some of the products that are featured on their homepage?

The Saab Wheels website features a wide variety of wheels and rims in many styles available for Saab vehicles, including the Saab 900 and 9000 models.


Where can one purchase Mazda wheels in the Chicago area?

One can purchase Mazda wheels in the Chicago area by visiting a website such as the Car Gurus website. Different wheels are available, depending on the model, and there are frequent new listsing posted.


Where can one purchase Boss wheels?

Boss wheels are currently in the sale at Custom Wheels Direct. Their website offers a full range at excellent prices - your one-stop shop for Boss wheels.