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During the growth stage of the Product Life Cycle (PLC), ad expenditures remain high to capitalize on increasing market demand and to differentiate the product from competitors. Companies aim to build brand loyalty and awareness while expanding market share, often leading to aggressive advertising strategies. Additionally, as more consumers become aware of the product, consistent advertising helps maintain momentum and encourages repeat purchases. This investment in marketing is crucial for sustaining growth and maximizing profitability in a competitive landscape.
What else can I help you with?
How do you define the young segment - that is to say what does young mean for marketers - from which age and until when are customers considered young?
It varies depending on the product being marketed. When referring to music, clothes, cosmetics etc. the market targets a consumer at the average age of 15 to 25. Usually any product has 4 stages, infant, growth, maturity and decline, we say young segment when it reflect high return to the company and that's happened in the growth stage.
What are the advantages to enter emerging markets?
high growth potential ,,,, increase of foreign currency reserves
What is the role of marketing in a company?
Marketing play a vital role in the company,s performance.....due to high marketing and advertisement the companies reached their heights of glory in both since of high profits and high growth.
What part of the Product Life Cycle PLC about ADD gel pens are they giving valid justification in the study titled Purchase Behavior of Consumers With Special Reference to Add Gel Brands?
ADD Gel pens are in the growth stage of PLC because: 1.high sales 2.low cost 3.no. of competitors in add gel industry is increasing 4.distribution is widening
Why product extension and refinement are important.?
Product extension and refinement are crucial for maintaining a competitive edge and meeting evolving customer needs. By extending a product line, companies can tap into new markets and diversify their offerings, which can lead to increased revenue. Refinement, on the other hand, ensures that existing products remain relevant and high-quality, enhancing customer satisfaction and loyalty. Together, these strategies help businesses adapt to market changes and drive long-term growth.
What are the expenditures of the Philippines' government?
the Philippine expenditure is very high!
What occur at each of the four stages of demographic transition?
Stage 1: High birth and death rates, leading to a stable population. Stage 2: High birth rates and decreasing death rates, resulting in rapid population growth. Stage 3: Declining birth and death rates, leading to a slowing population growth. Stage 4: Low birth and death rates, resulting in a stable or declining population.
What stage of the demographic transition is Azerbaijan in?
It is in Stage 3 of the DTM. The reason for this is that The Crude Birth Rate is slightly higher than the Crude Death Rate. The NIR is not quite 0. like in stage 4 and the population is growth is not high as in stage 2. There is no country in stage 1, and this makes Azerbaijan stage 3.
Declining death rates due to increase food production and improved medical care while birth rates remain high is charaterisric of the?
Transitional stage
What stage of the demographic transition model is Madagascar in?
Madagascar is in the early stages of Stage 2 of the demographic transition model. This stage is characterized by high birth rates and declining death rates, leading to rapid population growth.
What are the 4 stages demographic transition?
The four stages of demographic transition are:Stage 1: low growth- when hunter-gatherers were living and population growth was very little at all, almost no natural increase rate at allStage 2: high growth- after agricultural revolution when new farming and living techniques were discovered, population grew dramatically. it wasn't that more people were being born, just that more people were living longer than before. industrial revolution and the medical revolution also heightened population growthStage 3: moderate growth- happens when birth rate drops increasingly and death rate still drops but still slowly, but overall birth rate is still higher than death rate. country enters stage 3 when people choose to have less children. (Ex: united states and EuropeStage 4: low growth- meaning there is no growth at all, or ZPG, zero population growth. this is not the same as stage 1*Stage 5* (not a real stage but could be possibly soon) this would mean that the death rate is higher then the birth rate, more people are dying then are being born.!
How much will a trustee take out of your monthly income in a chapter 13 bankruptcy Is it a certain percentage?
It's your disposable income. The debtor files a statement of income and expenditures. The expenditures cannot be unreasonably high. The chapter 13 payment is the difference between the income and expenditures.
What are the Stages of demographic transition?
The United States and the United Kingdom are both in stages of demographic transition. For both countries, an influx of immigrants have changed the culture.
What best distinguishes the infancy stage from other stages of development?
The infancy stage is characterized by rapid physical growth and development, high dependence on caregivers for survival, and limited communication abilities. This stage is also marked by the formation of secure attachments with primary caregivers, laying the foundation for future social and emotional development.
In the first stage of the demographic transition both birth rates and death rates are high?
Yes, in the first stage of the demographic transition, both birth rates and death rates are high, resulting in a stable population size. This is typically seen in pre-industrial societies where high birth rates compensate for high death rates, leading to minimal population growth.
What stage of the demographic transition has the highest natural increase rate?
The second stage of demographic transition has the highest natural increase rate because there's a very low growth rate due to advances in medicine and sanitation technology, but families are still feeling like they need to have more children in case some die. In rural societies, families also see it as beneficial to have larger families to help farm.
Why gender bias causes poverty and population growth?
women are not exposed to sex education as a result they end up getting pregnant and thus lead to high population growth. and also seen as inferior while men remain superior.
