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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.
What does a service do?
A marketing service is a service that can help people to create a successful marketing campaign and get people to know about and use their product or service.
Why marketers go beyond selling a product or service to create a brand experiences?
The main reason marketers go beyond selling a product and/or service to create a brand experience is to gain repeat customers. If the customer is familiar and happy with the brand, they are very likely to purchase the product or service in the future.
What does a marketing service do?
A marketing service is a service that can help people to create a successful marketing campaign and get people to know about and use their product or service.
What does the dentifrice commercial represent?
The dentifrice commercial typically represents the ideals of oral hygiene and personal care, emphasizing the importance of maintaining a healthy smile. It often showcases the product's effectiveness in preventing dental issues, promoting confidence and attractiveness. Additionally, the commercial may convey emotional appeals, linking fresh breath and clean teeth to social interactions and self-esteem. Overall, it serves to create a connection between the product and a desirable lifestyle.
How can one create a demand curve for a product or service?
To create a demand curve for a product or service, one must analyze the relationship between the price of the product or service and the quantity demanded by consumers. By conducting market research, collecting data on consumer preferences, and observing how changes in price affect demand, a demand curve can be plotted to show the quantity of the product or service that consumers are willing to buy at different price points.
How do you create awareness of new product?
Promoting it would be one of the best way to create awareness. There are different type of promotions out there. But if you are on a tight budget maybe you can start with print collaterals. Using business cards, flyers, brochures and even posters to create your product awareness.
What is the purpose of a bandwagon appeal in a commercial?
The purpose of a bandwagon appeal in a commercial is to encourage consumers to join the crowd or trend by using a product or service. It aims to create a sense of belonging and influence purchasing decisions based on the idea that "everyone else is doing it, so you should too."
What is a temporary endeavor to create a unique product or service?
In the information technology profession this is the definition for a PROJECT.
The risk taker who uses resources in an entire new way to create a new product or service?
Entrepreneur
Consumer who are willing and able to purchases a product or service create an economic situation referred to as which of the following?
demand
Consumers who are willing and able to purchase a product or service create an economic situation referred to as which of the following?
demand
