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* products might not be independent - think back to economics and marketing
* customer loyalty might be lost when products are not available - profits lost may be more than the loss of contribution per unit in the long run
* price elasticity of demand might be a factor
* labour may be specialised and cannot easily switch between the two products
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What are factors that affect a product price?
"What factors affect the pricing of Fast Moving Consumer Goods?"
Factors might affect cost of product?
Labor, resources, distribution costs, overhead, and taxes.
What factors affect product?
If the price of the product is very high, people are unaware about your product, promotion of the product is not proper, place where you sell your product are not correct etc. there are also many things which can cause the great impact on our product.
Factors affecting cost behavior?
Volume Price Efficience Sales mix Production changes
What factors affect pricing when determining a new selling price?
· The cost of production · The market demand for the product · The desired markup by the business owner
What factors affect promotion mix?
Promotion mix, in marketing, involves selling, sales promotions, public relations and advertising. Factors that affect this include a product's life cycle and the stage in which it currently is, product features, buyer readiness, distribution type and buyer types.
What are the factors that affect the product mix in a jobbing industry?
Customer demand effects the product mix at companies. Companies try to balance their product offering between customer demand and products that generate profit margins.
Discuss the factors influencing product mix?
There are a few factors that influence product mix . The main few are changes in the demand in the market , what is costs to produce the product , and financial generation.
What are the internal factor that affects the marketing mix in a business?
There are many internal factors that affect the marketing mix in a business. The most obvious ones include price, place, promotion and the product.
What factors are considered for determining promotion mix for any given product?
the factors considered when selecting a promotion mix
Does the number of positive factors affect the sign of a product?
No, only the number of negative factors affect its sign.
What factors affect the globalization of an business?
Various factors can affect the globalization of a business. For example, cultural factors may affect how viable a product is in a certain location.
Different factors in the 4Ps maximise marketing mix?
There are different factors in the 4Ps which help to maximize marketing mix. The main factors are price, product, promotion and the place which actually form the marketing mix.
Does the number of positive factors affect the sign of the product?
No. Any number of positive factors will lead to a positive product.
True or false the order of factors does not affect a product?
True
What are factors that affect a product price?
"What factors affect the pricing of Fast Moving Consumer Goods?"
Is this true or false In arithmetic the grouping of the addends or factors does not affect the sum or product?
True.
