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How can an internet-only company gain exposure and attract the attention of consumers to draw business away from more established competitors?
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∙ 12y ago
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How can an internet only company gain exposure and attract the attention of consumers to draw business away from more established competitors?
One solution is to pay to embed adverts into other peoples web-sites. For example, a company could have their advert displayed on the MSN web-site or Google. Since these are popular sites, any advertiser would get a lot of potential coverage.
Why is it important for companies to have competitors?
It forces companies to perform well and give consumers choices.
What are advertising appeals?
Advertising appeal is used to grasp the attention of consumers and to persuade consumers to purchase a service or product.
What is a way that companies attempt to get consumers to buy their product instead of their competitor's products?
The answer is branding, it differentiates a product from the product of its competitors and thus increase the interest of consumers in that good.
What is a way that companies attempt to get consumers to buy their products instead of their competitors products?
One way is to advertise their product.
Which do producers pay attention to in order to know what people want to buy and how much their willing to pay?
Consumers' purchases
Why did congress established federal trade commission in 1914?
The Federal Trade Commission was established to protect consumers from unscrupulous trade practices.
Who are procter and gamble's stakeholders?
P&G employees, suppliers, distributers, retailers, consumers, shareholders, board of directors and competitors.
In order to know what people want to buy and how much they're willing to pay producers pay attention to which of the following?
Consumers' purchases--- Apexvs.com
Competition benefits consumers by insuring what?
Competition benefits consumers by ensuring a variety of products and services to choose from at a fair price. Competitors will often run sales or specials on their goods, which leads to savings for the consumer.
What factors do firms have to take into account when promoting goods in?
the costs to be involved in promoting it the target population the competitors in the market the potential of the consumers
How do you craft an effective business strategy?
Best business strategies come with experience when you can read the consumers need better than your competitors.
