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What does the term noise mean in marketing?
“Noise” has a negative connotation in marketing, meaning there is so much promotional clutter, like advertising, that consumers tire of it. Market noise is the seemingly mindless back and forth movement on the smaller time frames.
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Asked 4/12/2013 7:18:48 AM
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will identifying te appropiate prce strategy be easy in business?
Weegy: I think that a business pricing strategy is very important and not an easy thing to do. If a company understands their target market it will also help to determine the appropriate pricing model. [ Some business strategy planning involves exclusivity with a premium price while other products follow a mass market approach and discounted pricing. For example, a product like a Prada handbag is a luxury item that is found in select upscale stores and boutiques. The image of this product is that it is a high end luxurious handbag that not many people can afford. This makes the handbag sought after which is exactly what the company wants. The target market for this handbag is image conscious which is what this product offers. The business strategy implementation for this product is to remain very exclusive and only to offer the product to very high end stores. The business growth strategy might mean expanding the product offerings but only in these select stores. ] (More)
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Asked 4/7/2013 8:26:15 AM
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why will Kudler Fine Foods continue to be successful in the future?
Weegy: Kudler Fine Foods can monitor the activities of its competitors to increase its competitive and understand the processes they use to continue to be successful. [ Kudler Fine Foods realizes that they have to keep updating their technology to remain successful in the gourmet foods industry. Kudler needs to modernize the internet website that is available for its customers. The current website gives a brief description of the company, the locations of the three stores, the hours of operation, and a description of the products that Kudler offers. Kudler Fine Foods can monitor the activities of its competitors to increase its competitive intelligence. Kudler can use Porter's Five Forces model to determine which generic strategy to pursue to stay ahead of their competition. These five major forces can endanger Kudler's position in the gourmet food industry if the company does not focus on them. 'The forces consist of the threat of entry of new competitors, the bargaining power of suppliers, the bargaining power of customers, the threat of substitute products or services and the rivalry among existing firms in the industry. ] (More)
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Asked 4/7/2013 1:48:08 PM
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why do prices vary amongst different internet organizations?
Weegy: Websites Vary Prices, Deals Based on Users' Information. The reason why because they have different resources and different capitals. [ Offering different prices to different people is legal, with a few exceptions for race-based discrimination and other sensitive situations. Several companies pointed out that their online price-tweaking simply mirrors the real world. Regular shops routinely adjust their prices to account for local demand, competition, store location and so on. Nobody is surprised if, say, a gallon of gas is cheaper at the same chain, one town over. ] (More)
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Asked 4/7/2013 3:14:43 PM
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why should a product stand out to potential customers?
Weegy: A product should stand out for potential customers to let them know that this is what they need. However good your product or service is, the simple truth is that no-one will buy it if they don't want it or believe they don't need it. [ And you won't persuade anyone that they want or need to buy what you're offering unless you clearly understand what it is your customers really want. ] (More)
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Asked 4/7/2013 3:38:48 PM
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Why would a company developing parts for vehicles to an automotive company be an example for differentiation?
Weegy: Differentiation is a concept used in business strategy and describes one of the three ways to establish competitive advantage. [ Differentiation advantage occurs when a firm delivers greater services for a non-unlimited higher price than its competitors. They are collectively known as positional advantages because they denote the firm's position in its industry as a leader in either superior services or cost.[1] Product differentiation is what allows firms in monopolistic competition (a market structure) to sell their products at different prices, even though they are essentially the same. ] User: why is time delivery important? (More)
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Asked 4/7/2013 4:17:32 PM
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