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Suppliers of products with downward-sloping demand curves, such as luxury goods or unique services, typically face a situation where price increases lead to a decrease in quantity demanded. This may prompt them to allocate a larger advertising budget to enhance brand perception and differentiate their offerings, aiming to maintain demand despite price sensitivity. In contrast, suppliers with horizontal demand curves, like commodities, often focus less on advertising since their products are perceived as interchangeable, leading to less need for marketing investment. Consequently, suppliers with downward-sloping demand curves may need to invest more in advertising to maintain sales volume and market share.
What else can I help you with?
How do suppliers have an influence on a business?
Suppliers can affect your availability of product based on their inventory or delivery time. Suppliers can affect your costs based on their prices changing, their credit terms, etc. only joking
How would suppliers react to a price increase for a product?
Suppliers supply more of the goods as and when prices of that commodity increases.
In what ways are entrepreneurs useful to suppliers?
In what ways are enterpreneurs useful to suppliers
Who has the most influence in a free market?
suppliers.
How can suppliers affect company's productivity?
they cant
Differences and similarities between horizontal and vertical integration?
horizontal integration is partnering with other firms in the same or similar industries. vertical integration is partnering with companies that provide some service in the supply chain, ex. suppliers or vendors, of your industry.
Where can one find a online advertising business?
There are many online advertising companies available, the internet is full of them. The safest way to find a good one however is probably word of mouth. Ask colleagues, suppliers and even customers, they may use a company that is excellent and worth investing in.
Different between horizontal and vertical integration?
Vertical - Expansion of a business by buying out suppliers of commodities (required to create your product)Horizontal - Expansion of a business by buying out competition (who create a similar product)
Common advertising techniques are?
There are several types of common advertising techniques that include using loaded words, testimonials, and flattery. Facts and figures, emotional appeals, and special offers are other techniques that are often used in advertising.
What is horizontal exchange?
Horizontal exchange refers to the process of sharing or trading goods, services, or information between entities at the same level within a supply chain or market. This type of exchange can occur among competitors, partners, or peers and is often aimed at enhancing efficiency, reducing costs, or fostering collaboration. It contrasts with vertical exchange, which involves transactions between different levels of a supply chain, such as suppliers and manufacturers. Horizontal exchange can be facilitated through various platforms, networks, or agreements.
What are retail suppliers?
Retail suppliers are generally called 'wholesalers'
Where can someone buy Peugeot wheel trims?
The best place to find Peugeot wheel trims is on eBay. Price kicker has also been seen advertising this item but Peugeot just isn't a very popular vehicle and suppliers are somewhat limited.
What is a single owner businenss?
A single business owner is responsible for theliabilities, profits belong to him or her. Thesuccess or failure of a company dependson how well your business plan was executed.A business plan determines if a product or servicehas a chance at success. It's the deciding factorthat shows whether or not to continue, or start thebusiness.The business plan defines goals.Who will be suppliers? Who is the targetmarket? Where, who, are the suppliers?How will products or services get to thetarget market? How will the businessbe financed? Expenses? How will dayto day operations be handled.Designate an advertising budget. Wherewill advertising dollars be spent?Take the competition into consideration.Carefully go through the businessplan in order to have a successfulbusiness.
What are travel suppliers?
Travel suppliers are people that provide supplies for trips.
Who are wal-mart's top suppliers?
who are walmarts top ten suppliers
Packaging Machine?
Filling Machines Suppliers, Packaging Machines Suppliers
What is an example sentence with suppliers?
Suppliers is a plural noun that means entities that provide a certain good. It can be used in the following possible sentences:Middle Eastern countries are the main suppliers of oil.The local shop had to stop selling bread because their suppliers had moved elsewhere.Dell get the parts for their computers from many different suppliers.
