answersLogoWhite

0

What else can I help you with?

Continue Learning about Marketing

What are the duties and respocsabilities of a marketing manager?

Marketing managers develop the firm's marketing strategy in detail. With the help of subordinates, including product development managers and market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets-for example, business firms, wholesalers, retailers, government, or the general public. Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm's customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm's products and services and to attract potential usersMarketing managers develop the firm's marketing strategy in detail. With the help of subordinates, including product development managers and market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets-for example, business firms, wholesalers, retailers, government, or the general public. Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm's customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm's products and services and to attract potential users Marketing managers develop the firm's marketing strategy in detail. With the help of subordinates, including product development managersand market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets-for example, business firms, wholesalers, retailers, government, or the general public. Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm's customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm's products and services and to attract potential users


What is the difference between marketing potential and sales potentials?

Marketing Potential is the total amount of product customers will purchase in a specified period and Sales potential is the maximum percentage of market share a firm can expect for a product. In other words market potential is the total market value of your product and sales potential is the percent of the market your product can take over


Why are the consumers who make up the target market for a product referred to as potential customers?

because market


Why are the consumers who make up the target market a product referred to as potential customers?

because market


How do you calculate market potential for a product?

# population x % awareness after one year x % who will actually try product x% availability from distribution channels = potential units

Related Questions

What are the duties and respocsabilities of a marketing manager?

Marketing managers develop the firm's marketing strategy in detail. With the help of subordinates, including product development managers and market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets-for example, business firms, wholesalers, retailers, government, or the general public. Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm's customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm's products and services and to attract potential usersMarketing managers develop the firm's marketing strategy in detail. With the help of subordinates, including product development managers and market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets-for example, business firms, wholesalers, retailers, government, or the general public. Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm's customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm's products and services and to attract potential users Marketing managers develop the firm's marketing strategy in detail. With the help of subordinates, including product development managersand market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets-for example, business firms, wholesalers, retailers, government, or the general public. Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm's customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm's products and services and to attract potential users


What is the difference between marketing potential and sales potentials?

Marketing Potential is the total amount of product customers will purchase in a specified period and Sales potential is the maximum percentage of market share a firm can expect for a product. In other words market potential is the total market value of your product and sales potential is the percent of the market your product can take over


What is the salary for product manager?

It depends on the product, the company, the current employment market for product managers, and the individual's education, experience and performance.


Why are the consumers who make up the target market for a product referred to as potential customers?

because market


Why are the consumers who make up the target market a product referred to as potential customers?

because market


Why are the consumers who make up the target market for a product referred to as potential customer?

because market


How do you calculate market potential for a product?

# population x % awareness after one year x % who will actually try product x% availability from distribution channels = potential units


How can you succinctly communicate the unique value proposition of your product in a compelling and engaging manner to potential investors, incorporating key elements such as problem-solving, differentiation, and market potential?

To effectively pitch your product to potential investors, clearly outline how your product solves a specific problem, highlight what sets it apart from competitors, and demonstrate the market demand and growth potential. This will help investors understand the unique value proposition and why they should invest in your product.


How would you analyze a new product market and Cisco's potential financial return?

to analyze new product market is to test first the new product before you discuss to the costumer so that if they encounter problem you can teach them easily....


What is the process used to test consumer reactions about a product among potential users?

a test market.


Is a process used to test consumer reactions about a product among potential users?

a test market.


What are the market potential indicators?

Market Potential Indicators are statistics that are designed to help managers make decisions regarding expansion in to an emerging market. Some examples are Market Size, Market Growth Rate, Economic Freedom, Country Risk, etc. They are intended to be used in combination with traditional evaluation procedures in order to make the best possible decision.