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This strategy reminds me of the barter system which was very prevalent in the Old West times. This worked as a strategic approach to trade during that time because many companies were not able to maintain either the work force, or the assets to manufacture or provide a product from start to finish. The companies which could find an asset they had a prevalence of, and a company which needed that asset were able to use more of their whole product, as well as build good will both in the community and with other businesses. When assets outside of a specialty are not high, it is very beneficial to engage in a countertrade type of agreement. This allows for growth while limiting the initial liability.

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What service does CRM Marketing provide?

CRM marketing increases customer satisfaction which in turn results in increase in sales. More sales will generate more revenues and give more profit to the organisation.


What is the only element in the marketing mix that produces revenues?

Price


What is net marketing contribution?

gross profit estimates minus marketing campaign ---- Revenues - Cost of Goods Sold ================= Gross Profit - Total Marketing Expenses ================= Net Marketing Contribution - Other Expenses ================= Net Profit Before Tax


What are the advantages of implementing the Marketing Concept?

There are many marketing concepts that could be addressed in this answer. I will say only this, marketing is the momentum of a growing business. The processes needed to execute successful advertising campaigns that end up bringing in the revenues of the entire company aside from direct sales are all concepts of marketing. Research, planning, creation, and execution are all part of the mix that create the concept.


What is the Affordable Method in Marketing?

The affordable method focuses on what a company can afford in terms of promotion. The company will set the budget for promotions based on current revenues while deducting operational costs. This method of promotion budgeting is common with small business. Best marketing methods for small businesses are Internet Marketing. The benefits of internet marketing are it covers the global markets. Best marketing tools are Linkedin (linkedin.com) , twitter (twitter.com) and way2progess (marketing.way2progress.com). These website are used for marketing , which offers free and paid marketing options. It also offers the marketing @ your decided cost.

Related Questions

What service does CRM Marketing provide?

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Investment bankers can generate revenues for their firms by the amount of money they bring in from their customers. By bringing in money, the firm will have more to invest.


Copywriter Review?

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Why did the state generate 20 percent more in revenues with the online auctions?

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Productive assets are those that generate one or more revenue streams.


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What exactly the company do to generate revenues from the markets defines the nature of business of that company.


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Capability to generate REVENUES for BUSINESS through INTERNET.


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What is the importance of the matching principle in accounting and how does it ensure that expenses are properly aligned with the revenues they generate?

The matching principle in accounting is important because it ensures that expenses are recorded in the same period as the revenues they help generate. This principle helps provide a more accurate representation of a company's financial performance by aligning expenses with the revenues they contribute to, giving a clearer picture of profitability.


What is the job of a telly caller?

Tely caller has to call different people and generate lead and ultimately to increase revenues