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What is the only element in the marketing mix that produces revenues?
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∙ 11y ago
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Wiki User
∙ 11y ago
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Which among the following is the only revenue generating element among the 4ps of marketing?
Price
Importance of marketing mix to its marketers?
Marketing MIX COMPROMISES of 4p's ,Product- can be defined as the tangible and the physical attributes- such as the weight dimensions and the materials. Its the product which a marketer has to market , so all the marketing strategies are made to ponder a product.PRICE - It is the sum all the values that consumers exchange or the benefits of having or using the product or services. Price is the only element in the marketing mix which produces revenues and plays a vital role in marketing objectives.PLACE- distribution channels make the product available to the end users and help marketers in segmenting a product where it will consumed in an optimum way.PROMOTION- its the way a marketer is able to promote his/her product through advertisements ,promotions,print media and all other factors to make a product known to the customers .All these mixes help a marketer in making critical decisions before and after the launch of a product.
What are the advantages of implementing the Marketing Concept?
There are many marketing concepts that could be addressed in this answer. I will say only this, marketing is the momentum of a growing business. The processes needed to execute successful advertising campaigns that end up bringing in the revenues of the entire company aside from direct sales are all concepts of marketing. Research, planning, creation, and execution are all part of the mix that create the concept.
What is meant by Marketing Myopia in the study of Marketing as a subject?
marketing myopia Narrow-minded approach to a marketing situation where only short-range goals are considered or where the marketing focuses on only one aspect out of many possible marketing attributes. Because of its shortsightedness, marketing myopia is an inefficient marketing approach. Above taken from Answers.com Viper1
Whats the difference between the shotgun approach to marketing efforts and the rifle approach to marketing efforts?
The shotgun theory simply means marketing to the masses, rather than selecting a specific target market. An example of shotgun marketing would be to simply place and advert on primetime television, without focussing on any specific audience (target market). The rifle theory refers to mroe specific target marketing where specific audiences/customers are focussed upon. For example a company produces a podcast (advert for ipods) aimed at teenagers. Not only will the message be relevant to this specific audience but so is the medium. So it is basically mass marketing and target marketing.
Which among the following is the only revenue generating element among the 4ps of marketing?
Price
Importance of marketing mix to its marketers?
Marketing MIX COMPROMISES of 4p's ,Product- can be defined as the tangible and the physical attributes- such as the weight dimensions and the materials. Its the product which a marketer has to market , so all the marketing strategies are made to ponder a product.PRICE - It is the sum all the values that consumers exchange or the benefits of having or using the product or services. Price is the only element in the marketing mix which produces revenues and plays a vital role in marketing objectives.PLACE- distribution channels make the product available to the end users and help marketers in segmenting a product where it will consumed in an optimum way.PROMOTION- its the way a marketer is able to promote his/her product through advertisements ,promotions,print media and all other factors to make a product known to the customers .All these mixes help a marketer in making critical decisions before and after the launch of a product.
What represents the profits from revenues after deducting only the cost of goods sold?
After only deducting cost of goods sold from revenues is the Gross profit which is the difference between revenues and cost of goods sold.
What are the advantages of implementing the Marketing Concept?
There are many marketing concepts that could be addressed in this answer. I will say only this, marketing is the momentum of a growing business. The processes needed to execute successful advertising campaigns that end up bringing in the revenues of the entire company aside from direct sales are all concepts of marketing. Research, planning, creation, and execution are all part of the mix that create the concept.
What is the price range for Element shoes?
Element produces a wide range of clothes for both men and women, producing only a small range of shoes. They sell sneakers that range from $95 to $55.
What is nonexpendable fund?
Funds that only the revenues/income of them can be used to benefit the beneficiaries.
How do Marketing Agencies Leverage the Power of Affiliate Marketing?
Marketing agencies are harnessing the tremendous potential of Best Affiliate Marketing to amplify their client's online presence and boost revenues. By collaborating with affiliates who are experts in various niches, Agencies Marketing can tap into a vast network of influencers and content creators. These affiliates promote the agency's clients' products or services, driving targeted traffic and sales. This symbiotic partnership not only expands the reach of the businesses but also enables affiliates to earn commissions for their efforts. This dynamic approach exemplifies the innovative strategies that agencies are adopting to stay ahead in the ever-evolving world of digital marketing.
What is meant by Marketing Myopia in the study of Marketing as a subject?
marketing myopia Narrow-minded approach to a marketing situation where only short-range goals are considered or where the marketing focuses on only one aspect out of many possible marketing attributes. Because of its shortsightedness, marketing myopia is an inefficient marketing approach. Above taken from Answers.com Viper1
What are the five categories of adjusting entries?
deferred expenses, deferred revenues, accrued expenses, accrued revenues and estimated expensesAdjustments to the enterprise's accounts can only be made in the time period when the business terminates.
A unit of a business that not only incurs costs but also generates revenues is called a?
profit center
How do you calculate contribution margin ration if you're only given revenues and fixed costs not selling price?
Revenues Less: Variable cost Contribution Margin Less: Fixed Cost Net Income
Which element can only form one ion?
which element can only formed one ion
