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Why are the consumers who make up the target market a product referred to as potential customers?
Wiki User
∙ 6y ago
because market
Esperanza Hahn
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Why are the consumers who make up the target market for a product referred to as potential customers?
because market
What is Cadbury's promotional objectives?
Cadbury's promotional objective is for potential customers to know that whatever their selling, whether it is a product or service, exists. Cadbury's promotional objective is for potential customers to know that whatever their selling, whether it is a product or service, exists.
What is the difference between marketing potential and sales potentials?
Marketing Potential is the total amount of product customers will purchase in a specified period and Sales potential is the maximum percentage of market share a firm can expect for a product. In other words market potential is the total market value of your product and sales potential is the percent of the market your product can take over
What is it called when you actively searching out sales leads in order to identify potential customers for your product is called?
Marketing
What is the advantage of advertising?
The main advantage of advertising, and its main purpose, is to inform potential customers about a product a company is selling and then hope that those customers buy the product and tell their friends about it. Advertising is a multi-billion dollar business.
Why are the consumers who make up the target market for a product referred to as potential customers?
because market
Why are the consumers who make up the target market for a product referred to as potential customer?
because market
Why are mortgage leads valuable?
Businesses survive by having a continuous supply of customers. Some businesses must seek out new clients by mean of leads. Leads are established by collecting information and then targeting consumers that could be potential new customers for the business's product. A mortgage lender uses this valuable marketing technique to acquire a continuous supply of potential new customers.
Why doesnt coke lose its customers when it raises its price?
because of the product itself. customers buy the product not only looking at the price but because of the quality of the product. if consumers are satisfied with the product, they will entertain the product even if it raises price.
Consumers who are willing and able to purchase a product or service create an economic situation referred to as?
Consumers who are willing and able to purchase a product or service create an economic situation referred to as supply and demand. The price of the product or service tends to rise and fall depending on these factors.
Why doesnt coke lose all its customers when it raises its price?
because of the product itself. customers buy the product not only looking at the price but because of the quality of the product. if consumers are satisfied with the product, they will entertain the product even if it raises price.
What is Cadbury's promotional objectives?
Cadbury's promotional objective is for potential customers to know that whatever their selling, whether it is a product or service, exists. Cadbury's promotional objective is for potential customers to know that whatever their selling, whether it is a product or service, exists.
What are safety labels used for in the supermarket?
Safety labels are used to prevent potential customers from harming themselves. These labels warn the customers of possible dangers, specifying what to do with the product or what not to do with the product.
That the defining products features for software product will be left to consumers or client only?
defining the product features/requirements for a software product will be left to customers or clients only
Consumers who are willing and able to purchase a product or service create an economic situation referred to as which of the following?
demand
What is the difference between marketing potential and sales potentials?
Marketing Potential is the total amount of product customers will purchase in a specified period and Sales potential is the maximum percentage of market share a firm can expect for a product. In other words market potential is the total market value of your product and sales potential is the percent of the market your product can take over
What are new customers?
The term 'New Customers' denote customers or consumers that are not or not yet bought into a service or a product that a business is offering. These customers (or consumers) can be from the public sector be it the man on the street to the business networks you establish with other businesses (especially if the business being run relates to advertising) but these would be technically known as Clients.
