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What is promoting product?
Product promotion is one of the main elements of marketing. It's the action taken to advertise and encourage the sale of a good or service to a specific audience.
What are the most important factors in generating repeat purchase?
1. The quality of the product or service compared to competitors in the area 2. The price you are charging for the product or service (compared to the quality of the product and service) 3. How easy it is to get the product or service, so the place that it is found or if there is any public transport e.g bus , train. 4. promoting your business so that people are aware of the product or service that you are offering. 5. leave a good impression.
Why marketers go beyond selling a product or service to create a brand experiences?
The main reason marketers go beyond selling a product and/or service to create a brand experience is to gain repeat customers. If the customer is familiar and happy with the brand, they are very likely to purchase the product or service in the future.
What are advertising appeals?
Advertising appeal is used to grasp the attention of consumers and to persuade consumers to purchase a service or product.
What is the desire and ability to purchase a product or service?
The desire and ability to purchase a product or service refer to a consumer's willingness and financial capacity to acquire it. Desire encompasses emotional and psychological factors that motivate a person to want the product, while ability involves their financial resources and access to it. Together, these elements drive consumer behavior and influence purchasing decisions in the marketplace. Without both desire and ability, a purchase is unlikely to occur.
How would you encourage a customer to make a purchase?
You would encourage a customer to make a purchase by showing knowledge about the product itself. You will also need to show excellent customer service, and not force the item(s) on the customer.
What is retail purchase?
to buy a product, goods or a service
How much is a free sample?
A free sample is typically provided at no cost to the recipient. It is a small portion of a product or service intended to give individuals a taste or experience to encourage them to make a purchase in the future.
What determines a demand for a product?
Purchase power,income level,necessarity,willingness
Consumers who are willing and able to purchase a product or service create an economic situation referred to as?
Consumers who are willing and able to purchase a product or service create an economic situation referred to as supply and demand. The price of the product or service tends to rise and fall depending on these factors.
What does an advertisement have?
An advertisement contains information about a product or service that is available for purchase by consumers. It usually has: details about the product or service, where it is available and how much it costs.
The purpose of advertising is to convince the audience to?
purchase the advertiser's product, service, or idea
What are the three functions of promotion?
The three main functions of promotion are to inform customers about a product or service, persuade them to make a purchase, and remind them about the benefits of the product or service.
What is the difference between producersconsmers?
Im guessing you mean the difference between producers and consumers. Producers make a product or give a service, and consumers purchase, a service or product.
What is the product or service that comes with a 100 money back guarantee?
A product or service that comes with a 100 money back guarantee means that if you are not satisfied with your purchase, you can get a full refund of your money.
How does the law of supply and demand explain the relationship between the availability of a product or service and the level of consumer interest and willingness to purchase it?
The law of supply and demand states that as the availability of a product or service decreases, while consumer interest and willingness to purchase it remains constant or increases, the price of the product or service will rise. Conversely, if the availability of a product or service increases while consumer interest and willingness to purchase it remains constant or decreases, the price will fall. This relationship helps to balance the market by adjusting prices based on the level of supply and demand.
How to fully check out a product or service before making a purchase?
To fully check out a product or service before making a purchase, you can read reviews, compare prices, research the company's reputation, check for warranties or guarantees, and ask for recommendations from friends or family.
