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Why is a firm so obsessed with the pricing elements of the marketing mix?
Wiki User
∙ 9y ago
Firms focus on price because they have to generate a profit. With the right product, price and promotion the firm can expand their market share.
Wiki User
∙ 9y ago
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What are the duties and respocsabilities of a marketing manager?
Marketing managers develop the firm's marketing strategy in detail. With the help of subordinates, including product development managers and market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets-for example, business firms, wholesalers, retailers, government, or the general public. Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm's customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm's products and services and to attract potential usersMarketing managers develop the firm's marketing strategy in detail. With the help of subordinates, including product development managers and market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets-for example, business firms, wholesalers, retailers, government, or the general public. Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm's customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm's products and services and to attract potential users Marketing managers develop the firm's marketing strategy in detail. With the help of subordinates, including product development managersand market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets-for example, business firms, wholesalers, retailers, government, or the general public. Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm's customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm's products and services and to attract potential users
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How are marketing activities developed?
Aligning the marketing activities with the objectives of the firm is completed through the process of marketing management
What is the fundamental purpose of marketing?
The fundamental purpose of marketing is to link the productive capacities of the firm with the market for those capacities.In more detail, marketing is concerned with defining what products the firm's capacities will produce, pricingthose products, communicating the firm's capabilities and value proposition to the market place (promotion), and getting the product from the firm to the customer (physical distribution) ... the classic "4-P's" of marketing.
What are the core marketing activities that must be addressed by the firm?
customer research, product development, communication, distrubution and pricing
Which is the most successful search engine marketing firm in Argentina?
The most successful marketing firm in Argentina is currently the Asociacion Argentina de Marketing. This firm does much of the search work for the country.
What has the author Derek F Abell written?
Derek F. Abell has written: 'Pricing in the diversified firm' 'Managing with dual strategies' -- subject- s -: Management, Marketing, Organizational effectiveness, Strategic planning
Hire an Internet Marketing Firm?
form_title=Hire an Internet Marketing Firm form_header=An internet marketing firm can increase business and draw in new customers What type of marketing services do you require?=_ Are there any particular markets you are after?=_ Please describe the product/service you want to market?=_
Explain the importance of the marketing function within a business?
"Marketing is critical for organic growth of a business and its central role is in creating, communicating, capturing and sustaining value for an organization. Marketing helps a firm in creating value by better understanding the needs of its customers and providing them with innovative products and services. This value is communicated through a variety of channels as well as through the firm's branding strategy. Effective management of customers and pricing allows the firm to capture part of the value it has created. Finally, by building an effective customer-centric organization a firm attempts to sustain value over time." (HBS).
What is a financial marketing solutions firm?
A firm that provides financial marketing solutions for the financial services and alternative asset management industries. One example of this kind of firm is Ovis Creative.
What are the duties and respocsabilities of a marketing manager?
Marketing managers develop the firm's marketing strategy in detail. With the help of subordinates, including product development managers and market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets-for example, business firms, wholesalers, retailers, government, or the general public. Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm's customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm's products and services and to attract potential usersMarketing managers develop the firm's marketing strategy in detail. With the help of subordinates, including product development managers and market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets-for example, business firms, wholesalers, retailers, government, or the general public. Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm's customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm's products and services and to attract potential users Marketing managers develop the firm's marketing strategy in detail. With the help of subordinates, including product development managersand market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets-for example, business firms, wholesalers, retailers, government, or the general public. Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm's customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm's products and services and to attract potential users
Starting a Multilevel Marketing Firm?
Starting a multilevel marketing firm is an excellent way to make residual income. Earn money even when you are not working, with a multilevel marketing firm. Millions of people have made money in this business, and the profits are endless. Start your own firm today and watch the money roll in.
What is an example of a dental marketing company?
An example of a dental marketing company would be New Patients Inc, which is a marketing firm exclusively for dentists. The firm promotes the benefits of dentistry around the world.
How are marketing activities developed?
Aligning the marketing activities with the objectives of the firm is completed through the process of marketing management
What is the fundamental purpose of marketing?
The fundamental purpose of marketing is to link the productive capacities of the firm with the market for those capacities.In more detail, marketing is concerned with defining what products the firm's capacities will produce, pricingthose products, communicating the firm's capabilities and value proposition to the market place (promotion), and getting the product from the firm to the customer (physical distribution) ... the classic "4-P's" of marketing.
What is meant by term marketing environment?
Marketing Environment is the sum total of all the forces that affects the firm's or a business organisation's decisions. Because, the firm's internal environment is controllable to a certain extent, so marketing environment basically includes the firm's external uncontrollable environment.
