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What is it that makes customers stay and purchase goods or services on offer?
Wiki User
∙ 14y ago
If you are selling to the customer on the basis of the customers needs.
E.g If you are selling horse saddles suggest the one that best fits their needs not the one that will sell/look the best for your business.
A good discount, and full disclosure of a certain product will also help to ensure the customer that this is the best buy.
Wiki User
∙ 14y ago
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The nature of service consumption?
the term consumption is often equated in the economic literature with consumer and corporate expenditures. in reality the word means "the act or process of using something up". its easy to understand how packaged goods are consumed. in service marketing, customers didn`t normally obtain ownership of services. they merely acquire the right to a performance that makes use of the service firms assets.
What is the Wholesaler function?
what are the functions of the retailer and wholesaler in the distribution of goods and servicesAnswerFUNCTIONS OF A WHOLESALERThe primary functions performed by the wholesalers are as follows:i. He assembles varieties of goods from different producers. In case of agricultural goods, he collects small quantities of goods from numerous small-scale producers and store in his godown.ii. He stores the assembled goods in proper warehouse till the goods are sold. Warehousing or storing of goods fills up the time gap between the production and consumption.iii. He distributes the assembled goods to the retailer or to the consumer directly. He thus helps in the dispersion process of marketing.iv. He helps in the transportation of goods form the place of production to his godown and to the retailer.v. He provides financial assistance to the retailers by supplying products on credit.vi. He helps in proper grading of goods as per quality, size and colour.vii. He involves all the risks associated with the ownership as he makes bulk purchases and makes arrangement for assembling and warehousing.FUNCTIONS OF A RETAILERRetailers perform a number of functions. These are:· The retailer buys a variety of products from the wholesaler or a number of wholesalers. He thus performs two functions like buying of goods and assembling of goods.· The retailer performs storing function by stocking the goods for a consumer.· He develops personal contact with the consumers and gives them goods on credit.· He bears the risks in connection with Physical Spoilage of goods and fall in price. Besides he bears risks on account of fire, theft, deterioration in the quality and spoilage of goods.· He resorts to standardization and grading of goods in such a way that these are accepted by the customers.· He makes arrangement for delivery of goods and supply valuable market information to both wholesaler and the consumer.
Explain the role of marketing channels with appropriate examples?
Time and place utiliy: Marketing channels help manufacturers deliver their goods when and where its needed. Customer Convenience: Makes goods and services available to the customer in a convenient way. i.e in units,packs etc relief from marketing activities: The manufacturer do not ve to market the product.Marekting is done by distributors
Person who makes products or provides services?
Manufacturing
What are a customer service duties?
Customer Service Duties are activities expected to be performed by the seller in order to delight the customer. In modern marketing, it is not just enough to satisfy customers but rather the emphasis is to actually delight the customer. Some of these activities include, but not limited to: 1. The seller must be a good listener in order to show concern for the customers' demands. 2. In instances where the customer demands products (goods and services) which the seller does not immediately stock but in a position to supply them, efforts must be made to supply them on the due date, in the right quality and in the right quantity. 3. Where warranties are in place as a policy of the business, the seller must endeavour to act as and where necessary. 4. After sales services where necessary 5. where customer makes enquiries concerning products being purcased, the seller is expected to deliver the right information and not give false information that would make the customer undertake the purchase. by so doing, the customer would not return to undertake business with the Organisation and the business is liable to lose prospective customers as the disappointed customer would talk to friends about the service offered him. (Word of mouth) By Sunu Prince Kwaku (BSc. Accounting)
Who makes purchases of goods and services for personal use is considered to be a?
peter
What is an intermidiatel buyer?
Assuming you mean 'intermediate buyer', it is a buyer who makes use of goods and services with the intention of creating further goods or services for the benefit of the economy.
Art and economics?
art is the production of goods and services,this makes it an economic activity
Who is a person company or business that makes the goods or provides services for consumers?
A person, company, or business that makes goods or provides services for consumers is commonly referred to as a "provider" or "supplier." These entities are responsible for producing, manufacturing, or offering products and services that meet consumer demand and fulfill specific needs or desires. Providers can range from small-scale individual artisans to large multinational corporations, and they play a crucial role in the economy by contributing to the production and distribution of goods and services to consumers.
What is invoice or delivery note?
Delivery note is a document accompanying a shipment of goods that lists the description, grade, and quantity of the goods delivered. A copy of the delivery note, signed by the buyer, is returned to the seller as a proof of delivery. This will help the business to estimate the expenses within next few years. invoice is the method of recording the sale of goods services provide from the business to the customers. This invoice shows us the sales that the business has made but still the customers haven't paid, which makes the customers known as a debtors.
What makes foreign goods more expensive?
Foreign goods are more expensive to purchase. The extra cost from purchasing foreign goods comes from the shipment of the goods over long distances.
Who decides what goods and services will be produced in a market economy?
In a market economy, it is the producer, typically influenced by the demands of the consumer, who makes decisions about what to produce. This is in contrast to a command economy where the government makes those decisions.
Which of these describes a controlled econmic system?
The government makes decisions about production and distribution of goods and services.
Who makes all of the goods and services?
Most usually, people or machines operated by, maintained and monitored by people.
What makes allocation decisions necessary?
There are never enough goods and services to satisfy all wants and needs.
System in which the central government makes all decisions on the production and consumption of goods and services?
mixed economy
What is an economic system in which government makes all economic decisions about how goods and services and produced and distributed is called?
Socialism.
