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Why it is important for retailers to define their target markets and to decide how they will position themselves in these markets?
Wiki User
∙ 10y ago
why is it important for retailers to define their tarhet markets, and decide how they will position t
Wiki User
∙ 10y ago
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What is mass merchandising concept?
it says that retailers should offer low prices to get faster turnover and greater slaes volumes by appealing to larger markets.
Market are what are important not marketing and therefore more emphasis should be placed on going to market explain the statement with relivant illustration?
markets are what are important and not marketing so therefore more emphasis should be based on going to markets
What are factor markets and product markets?
Factor markets are markets for inputs into the workforce, such as labor markets, land markets, and capital markets. They represent items that are factors in the growth of business. Product markets are the the outputs produced by markets such as goods and services.
Why is market segmentation an important variable in strategy implementation for strategies such as market development product development market penetration and diversification?
it is particularly important for small businesses, which often lack the resources to target large aggregate markets or to maintain a wide range of differentiated products for varied markets.
What is the marketplace for Aztec?
The Aztecs relied on markets and merchants to move goods from producer to consumer. The volume of goods that moved through Aztec markets was enormous. Aztec markets and trade were largely independent of the state. Some Aztec markets specialized in particular types of goods. Aztec markets were not just economic institutions; they also served an important social function. Marketing was the one activity that allowed the average person to get ahead economically.
British Pretolium supplies gasoline to what retailers?
mainly BP and BP kenjo markets
Why banks have not eliminated the need for the money markets.?
Banks ARE the money markets. They are hardly likely to eliminate themselves.
What is an intermediate market?
intermediate markets are ofter known as reseller markets. these markets consist of businesses that acquire goods for the purpose of reselling them to others in order to make a profit. the main players in this market are wholesalers, retailers and importers.
Why are markets important?
Stock markets are trading places. A place to buy and sell commodities.
What are the most important markets for American eggs?
The most important markets for U.S. eggs are Canada, Belgium, Hong Kong, Japan and Mexico;
Which markets are more important to international business?
Markets such as currency and stocks are all important to international business because they help determine the value of various businesses. Investors monitor markets to increase their chances of making money.
Is it true that because corporations do not actually raise any funds in secondary markets they are less important to the economy than primary market?
This statement is false. Prices in secondary markets determine the prices that firms issuing securities receive in primary markets. In addition, secondary markets make securities more liquid and thus easier to sell in the primary markets. Therefore, secondary markets are, if anything, more important than primary markets.
What is a peasant farmer?
Farmers who grow food for themselves and for local markets, on small farms.
How Importance of financial institutions and markets?
financial institution and financial markets are playing important roles in business inviornent
Because corporations do not actually raise any funds in secondary markets they are less important to the economy than primary market?
This statement is false. Prices in secondary markets determine the prices that firms issuing securities receive in primary markets. In addition, secondary markets make securities more liquid and thus easier to sell in the primary markets. Therefore, secondary markets are, if anything, more important than primary markets.
How is Electricity Retailers in Singapore structured?
Singapore's electricity retailers in Singapore is structured to facilitate competitive wholesale and retail markets. This was achieved by separating the ownership of the contestable parts of the industry from those with characteristics of a natural monopoly.
What are roles of financial market in Tanzania?
Financial markets have an important role in Tanzania. The markets have helped with the trade market, foreign exchange, and stock markets. The financial markets also provide people a place to invest.
