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by advertising the unfamiliar goods in ads in magazines.

Or businesses worked hard to create markets for these new products.

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Why is consumer loyalty an important element in the success of a business?

Consumers are important to a businessfor its survival.A business realizes its goals throughthe product or service consumerspurchase.The consumer's satisfaction is veryimportant for repeat business.Loyal customers tell others abouta business, which brings in moreprofits, new customers.It's called word-of-mouth advertising.Word-of-mouth advertising spreadsfaster than a paid ad.


What type of promotional message would suit a highly dogmatic consumers?

HIGHLY DOGMATIC CUSTOMERS: It is a personality trait that measures the degree of rigidity (versus openness) that individuals display towards unfamiliar and towards information that is contrary to their own established beliefs . A person who is high in dogmatism approaches the unfamiliar defensively while the person who is low in dogmatism will rarely consider unfamiliar or opposing beliefs. Consumers who are low in dogmatism i.e. closed minded persons generally prefer innovative products to traditional alternatives while consumers who are high in dogmatism prefer established products rather than the innovative product alternatives. So here the Promotional message towards which the highly dogmatic customers are more receptive is Ads for new products or services that contains an appeal from the authoritative figure. So here the marketer uses celebrities and experts to their new product advertising for making it easier for the potentially reluctant customers. While in contrast low dogmatic customers who have high innovativeness seems to be receptive towards messages that stress factual differences, product benefits and other forms of product usage information


What are the Disadvantages of product development?

The disadvantage of product development is that it can get costly because resources are required by the Research and Development department of the business; a lot of experiments and tests are also performed.Secondly, product development involves a risk of whether the consumers will like the new features that have been developed/added to the new/existing product.


What steps do you take to secure new business?

Please list the steps that you take to secure new business


Who are the people interested in finding new business opportunities and new ways to make profits?

Entrepreneurs, were interested in finding new business oppertunities and new ways to make profits.

Related Questions

How did American businesses get consumers to try new unfamiliar goods?

by advertising the unfamiliar goods in ads in magazines. Or businesses worked hard to create markets for these new products.


How did Americans businesses get consumers to try their new unfamiliar goods?

by advertising the unfamiliar goods in ads in magazines. Or businesses worked hard to create markets for these new products.


Why are consumers interested in a business?

New generation


What freedoms do business and consumers have in a free enterprise system?

Both of them are free to start a new business


What freedoms do business owners and consumers have in a free enterprise system?

Both of them are free to start a new business


What are new customers?

The term 'New Customers' denote customers or consumers that are not or not yet bought into a service or a product that a business is offering. These customers (or consumers) can be from the public sector be it the man on the street to the business networks you establish with other businesses (especially if the business being run relates to advertising) but these would be technically known as Clients.


Why is promotion required?

Promotion is a form of advertising that helps a business network and spread their products, ideas and services to consumers. Without promotion, there is a lesser chance for new businesses, as well as businesses with new products, to become known to consumers that such products exists. Every promotion aims to bring more sales and new consumers to the business, posing lots of risk, especially when it comes to determining your ROI.


What are the release dates for American Loggers - 2009 New Business New Problems 3-3?

American Loggers - 2009 New Business New Problems 3-3 was released on: USA: 18 March 2011


For what types of people does New York and Company make its clothing?

New York and Company makes its clothing for business CEOs and also for regular people. Their clothing has a business/casual appeal that consumers enjoy.


How do you attract customers to your business?

regardless of whether your business is new or has been operating for a while, you need to attract new consumers to purchase your products or services. Thanks to the explosion of the Internet, the potential to bring in new customers now extends well beyond the traditional brick-and-mortar business.


Fear of something new or unfamiliar?

The fear of something new or unfamiliar is called neophobia. Neophobia is also referred to as cainotophobia or cainophobia. Neophobia of food is the fear of trying new food.


To introduce an unusual or unfamiliar word to coin new words or to introduce a new meaning to a familiar word?

To introduce an unusual or unfamiliar word, to coin new words, or to introduce a new meaning to a familiar word