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Advertisement has a great effect on the demand of products. That is why there is so much advertisement in our world. It works and it is effective.
Advertisements are made to be attractive to a certain group of people depending on the product. It gets their attention and stays in their mind. When they go shopping, they see it on the shelves and they think, "I saw something about this." and then they buy it because they are familiar with it.
Advertisement works in many different ways aside from what I have described.
Anyone, please add on if you want to.
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∙ 13y ago
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If a price increase has little or no effect the demand for the product is?
When a price increase has little or no effect on the demand for a product, it is inelastic.
What is the effect of advertisement on sales of laptops?
the effective sale is promotion, it depend on offers and the customer demand.
Can you give five examples of negative demand?
Offensive advertising, false advertisement, low quality product, product misrepresentation, and company reputation can all cause negative demand, which is the determination of consumers not to buy a product.
How are advertisement effect the demand?
If your question is "how does advertisement lead to effective demand, or promote demand",This is not far fetched, as there is no controversy over it.In a short note, advertisement is more effective and required, mainly in the case of competitive goods.This is because, "ceteris paribus", Your market competitor is believed to make advertisement, in order to increase his sales over yours.In this situation, the best way to combat the issue, and remain in the market is to also make advertisement. Advertisement is the act of making awareness to the novice public, in order to divert attention of the masses to your products; the advert may include product name, band, benefits, and location where purchases can be made.All things being equal, advertisement is supposed to effect demand, by improving your sales over the previous level of sales. This is because the public entity, who wishes to have your product, but doesn't have full information, will now be made aware of it. Likewise, one who isn't even aware of the existence of the product now does.By these, i hope i have satisfied your question.If need be for any further explanation, please feel free to contact me on soulspride@gmail.comYours faithfully,Fakorede.
What effect does radio advertisement have on it audience?
Radio advertisement normally educates the audience on the given service or product. The information can then be used in decision making.
If the prices have a little effect on the quantity of a product demanded the product is said to have?
inelastic demand
Conclusion of price elasticity of demand?
The conclusion of the price of elasticity of demand is the effect of price change based on the revenue it receives. It is based off the demand of the product and the price of the product.
What is selective demand advertisement?
what is selective demand advertising
If price changes have little effect on the quantity of a product demanded the product is said to have?
inelastic demand
Which effect does scarcity have on the price of the product if the demand stays the same?
The scarcer the product, the higher the price.
How impose the product without advertisement?
how can we promote a product without advertisement
What factors can have an impact on market share?
Successfully increasing market share depends on advertisement quality, competitor responses, and product demand and quality.
