As products (markets) mature, both the location of sales and of (optimal) production change, thereby affecting the pattern of exports and imports
what effect does water have in the moss lifecycle
what effect does water have in the moss lifecycle
Product data management software allows a business to track the data about their products in an effect manner. The software can help a business track products through their lifecycle and use the data when redesigning the product.
Sales promotion is an important component of a small business's overall marketing strategy, along with advertising, public relations, and personal selling.
Advertising can have an effect on the price of a product. Advertising might cause consumers to view products differently than they did before. If the affect is a negative one, then the price might tend to be lower to offset demand. Of course the reverse can also be true. Generally when competitors see a rival set off a large advertising campaign, it would generally spark the same with this company. The result would seem to trend towards a more competitive market, which might cause lower prices on the product involved. This would have a positive affect on society as a whole.
Advertising is basically a type of communication. It attempts to persuade potential customers to purchase or consume a product or service. It is designed in such a way that it creates and reinforces brand image and brand loyalty.Thus, advertising plays a very important role in forming consumer behavior. Advertising is usually important for triggering the first time purchase of the product. Then, if the consumer likes it, he will purchase the product again. However, if the advertising and promotion portrays a good image of the product, the repurchase of the product is guaranteed.Buyers of convenience goods are especially affected by advertising. This is because the products are more or less the same. Advertising plays a vital role in reminding consumers of the brand name. Thus, a strong brand image portrayed through advertising would ensure the repurchase of convenience goods.
In the modern world, proper adversing helps to accelerate product turnover and India is no exception. Of late, advertising has helped a lot and has become part and parcel of Indian business life. It is only through advertising that even a mediocore commodity can be judiciously marketed. Sales fluctuate when business houses do not bother to spend on advertising.
David Corkindale has written: 'Measuring the effect of advertising' -- subject(s): Advertising
advertising is a sub system of economic system of nation. advertising in the developing countries like india, plays an important role in economy. Advertising has various positive and negative economic aspects. POSITIVE ASPECTS A) Effect on costs 1. Effect on production cost 2. Effect on distribution cost 3. Effect on prices B)Effect on demand C)Effect on Competition D)Effect on consumer choice E)Effect on Business cycles F)Effect on Nation income G)Effect on Employment Positive Social Effects 1. Information 2. Material Utilities 3. Production 4. Consumption 5. Socio-Economic Welfare
The most desirable characteristic would be its effect on sales and brand perception. As far as specifics, it'd be helpful to know whether you are marketing to the medical industry or to consumers.
When a price increase has little or no effect on the demand for a product, it is inelastic.
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