answersLogoWhite

0

What else can I help you with?

Continue Learning about Marketing

What market strategy is used to entice the consumer to make a purchase?

sales tactics


What is Procter and gamble corporate level strategy?

Related diversification


What is the difference between price strategy and price tactics?

A price strategy defines the initial price and gives direction for price movements over the product life cycle. The price policy is a strategy set for a specific market segment, based on a well-defined positioning strategy. Price tactics used to fine-tune a base price are the following: discounts (such as cash, quantity, and functional or seasonal discounts); allowances (such as promotional allowances); and rebates. All three are ways to induce buyers to do something they might otherwise not do. Geographic pricing tactics (such as FOB origin, uniform delivered, zone, freight absorption, and basing-point pricing) all moderate the impact of shipping charges as a portion of the product price. Special pricing tactics (such as single-price tactics, flexible pricing, price lining, professional services pricing, leader pricing, odd-even pricing, bait pricing, price bundling, and two-part pricing) can be used for a variety of reasons. For example, a business might decide to introduce a new product at a high skimming price, but use some price tactics such as rebates or freight absorption to induce trial.


Cultural effect on international marketing?

There are some cultures that may be offended by tactics used in Western marketing. The business must adjust their marketing strategy so that they are not alienating customers.


What are push and pull strategies in a supply chain management?

Push strategy: A push promotional strategy involves taking the product directly to the customer via whatever means to ensure the customer is aware of your brand at the point of purchase. "Taking the product to the customer" Examples of push tactics: · Trade show promotions to encourage retailer demand · Direct selling to customers in showrooms or face to face · Negotiation with retailers to stock your product · Efficient supply chain allowing retailers an efficient supply · Packaging design to encourage purchase · Point of sale displays Pull strategy A pull strategy involves motivating customers to seek out your brand in an active process. "Getting the customer to come to you" Examples of pull tactics: · Examples of pull tactics · Advertising and mass media promotion · Word of mouth referrals · Customer relationship management · Sales promotions and discounts

Related Questions

What is the difference between strategy and tactics in a round of golf or is there a difference?

The tactics are each deliberate action you take. Your strategy is the combination of tactics and the overall plan to win.


contrast tactics and strategy?

Strategy is an overall plan to get to your long term goal. Tactics are small steps to advance your plan in the short term.


How can management collectives bargaining tactics be influence by the company labor relation strategy?

How can management's collective bargaining tactics be influenced by the company's labor relations strategy


What was Napoleon Bonarparte famous for?

Military strategy and tactics.


Who is the Author of The Strategy and Tactics of Pricing?

The author of The Strategy and Tactics of Pricing, is as follows Thomas Nagle, John Hogan, and Joseph Zale. There are three actual offers of this writing selection.


What is tactical management?

The difference between strategy and tactics is that strategy defines "what" is to be done but tactics defines the "how". Tactical management is the use of tactics to implement strategy. This is different from traditional management in that in traditional management there is usually one procedure (standard operating procedure) for getting any action done whereas tactical management allows the manager to select appropriate tactics for best achieving the objective.


What does this saying 'all men can see these tactics whereby you conquer but what none can see is the strategy out of which victory is evolved' mean?

Napolean said it abit clearer for the average fighting man to understand: Strategy is out of cannon shot range; tactics is within cannon range. For the civilian: Strategy is the big picture, tactics is the smaller picture.


What is another word for strategy?

plan of action


What is the technical definition of strategy?

The technical definition of strategy is the plan which and principles with the tactics relating to use of the technologies in the business. It is a business strategy to have a plan for a business.


What are synonyms for strategy?

tactics, plans, methods, blueprints, ideas, stimulation


How was Philip able to defeat the Greeks?

By superior force, strategy and tactics.


What where the Norths tactics during the civil war?

Until the end of the war, tactics on both sides remained the same as in Napoleonic times. The union strategy was a blockade strategy at sea and on the rivers, coupled with a total war strategy to destroy the means of producing war supplies on land.