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Who are considered product market stakeholders?
primary customers suppliers host communities Unions
What is the definition of primary production in business?
it is the product that draws the most customers toward the business.
What is the purpose of point-of-purpose advertising?
The primary motivation is to attract customers to the display so that they will purchase the product.
What is the core benefit?
The core benefit is the primary value or advantage that a product or service offers to its customers. It addresses the fundamental need or problem that the product/service aims to fulfill or solve, making it the main reason why customers choose it over alternatives.
What is the primary purpose of persuasive advertising?
The primary purpose of persuasive advertising is to influence consumer attitudes and behavior towards a product or service. It aims to create a desire for the product, persuade consumers to make a purchase, and ultimately drive sales for the advertiser.
Identify the main characteristics of a marketing oriented and product oriented organisations?
Marketing oriented business centers its activities on satisfying the needs or wants of its customers. Product oriented has its primary focus on the development of its product.
How does a service oriented company do marketing?
A company whose primary function is to perform labor tasks for customers; as opposed to a PRODUCT-ORIENTED BUSINESS.
What is the proess of promoting and presenting a product to customers?
what is the process of promoting and presenting a product to customers.
What does ancillary services mean?
Ancillary services are supportive services or products that accompany a primary product or service. These services often enhance the value or functionality of the primary product, providing additional benefits to customers. Examples include maintenance, customer support, and training services offered alongside a main product.
Is SABMiller's customers their secondary stakeholders?
Customers are primary stakeholders.
What is a demand for a product?
A demand for a product is when a customer expresses a desire or willingness to purchase a product. It is the amount of a product that customers are willing to buy at a specific price. Generally the demand for a product is determined by the price of the product the customers income the availability of a substitute and the customers preferences. When the price rises demand falls and when the price decreases demand increases.Factors that affect the demand for a product include: Price of the product Customers income Availability of a substitute Customers preferencesIf the price of the product rises then the demand for the product falls and vice versa. This is due to the fact that customers are willing to pay a certain price for a product and when the price increases customers will be less likely to purchase the product.
How do you write a letter informing your customers about a new product?
You write a letter informing your customers about a new product by sending out a large informative email blast that shows customers the value of your new product.
