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1 year ago

Why do you need to know what your audience is thinking and feeling on their path-to-purchase with your organization

1 answer:

6 0

We may begin to develop material that speaks to the requirements of our audience if we are aware of their underlying motives and potential obstacles.

<h3>Why do you need to know what your audience on their path-to-purchase?</h3>

Many manufacturers examine patron pride as a mirrored image of ways efficiently the enterprise is assembly patron expectations.

However, not withstanding the perception it could offer into the effect a commercial enterprise is making, patron pride by myself fails to offer perception into the fulfillment of a company’s patron enjoy strategy. For example, a patron might be particularly glad however absolutely unmotivated to make extra purchases or propose the logo to others.

When you integrate patron pride with a broader strategy, to leverage emotional connection, you’re capable of compare how probable clients are to buy greater, propose greater, and continue to be dependable over time.

Our today's studies has determined that the clients of these days need manufacturers to construct an emotional reference to them and exhibit an know-how of ways they feel. More than 60% of clients need groups to care greater approximately them and say that they might purchase greater as a result.

Customer pride is a miles less complicated metric to degree than emotion. As defined in our manual to taking pictures patron emotion, even if clients try to describe how they feel, they won't completely recognize their very own subconscious emotional responses and be capable of as it should be describe their enjoy. As a result, groups ought to leverage an omnichannel analytics platform to investigate the emotional connection a patron has together along with your commercial enterprise primarily based totally on records from throughout sources.

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What should you plan for first when creating a budget

alexira [117]

Answer:

CALCULATE EXPENSES

Your first order of business is finding out exactly how much you’re spending each month. Do this by consulting your bank statements, receipts and financial files. Because some expenses are intermittent, such as insurance payments, you’ll get the most accurate financial picture if you calculate an average for six months to a year. Add up everything you spent for the last six to 12 months and then divide by the amount of months, which will give you your average monthly expenses.

Remember that being thorough when you add up expenses is important in creating a realistic budget. A forgotten bill really throws a wrench into your savings plan. When calculating your expenses, also factor in unexpected bills, such as unplanned car repairs. A good rule of thumb is to add an extra 10 percent to 15 percent. So if you’ve determined that you spend $1,500 a month, add $150 to $225.

4 0

3 years ago

Suppose that the united states and canada each produce only two products, televisions and food. The united states can produce 10

Alex

Answer: Trade between the two countries is beneficial when United States trade food to Canada and Canada would trade televisions to the United States.

Explanation: In international trade, each country will produce a good in which it has a comparative advantage (lower opportunity cost).

Opportunity cost of food is,

Unites states = $\frac{100}{150} = 0.66$

Canada = $\frac{300}{330} = 0.90$

Opportunity cost of television is,

Unites states = $\frac{150}{100} = 1.5$

Canada = $\frac{330}{300} = 1.1$

Since, opportunity cost of food is lower in the United states, United states will export food.

Opportunity cost of television is lower in Canada, Canada will export television to the United States.

6 0

3 years ago

Currency markets operate under a system of _____ in which the prices of different currencies move up or down based on the deman

neonofarm [45]

Answer: Floating exchange rate

Explanation: The floating exchange rate is a mechanism under which a country's exchange prices are set by the supply and demand-based foreign exchange market compared to other currencies. It compares with a fixed exchange rate, wherein the government decides the rate completely or mainly.

Floating currency regimes mean that lengthy-term currency price movements represent relative economic power and country-to-country rate of interest differences.

A currency that is too high or low may have a negative impact on the country's economy, impacting trade and debt-paying efficiency. The state or banking system would try to take action to bring their currencies towards a more desirable level.

4 0

2 years ago

A stock has a beta of 1.3 and an expected return of 12.8 percent. a risk-free asset currently earns 4.3 percent.

BigorU [14]

The expected return on this portfolio will be given by:
E[P]=Rf+(E[Rm]-Rf)β
Where:
Rf=Risk Free interest rate
Rm=Return on the market portfolio
β= Market Beta
The return on our portfolio will be:
E[p]=0.043+(0.128-0.043)0.013
=0.043+0.085*0.013
=0.044105
=4.4105%

6 0

3 years ago

Suppose you are the manager of a watchmaking firm operating in a competitive market. Your cost of production is given by C = 200

irga5000 [103]

Answer:

1. 20 units

2. $600

Explanation:

1. $C = 200 + 2q^{2}$

MC = 4q

Price, P = $80

For maximizing profits,

Marginal cost = Price of the commodity

4q = 80

q = 20 units

$C = 200 + 2q^{2}$

$C = 200 + 2(20)^{2}$

= 200 + 800

= 1,000

2. Profit = Total revenue - Total cost

= (Price × Quantity) - TC

= (80 × 20) - $1,000

= $1,600 - $1,000

= $600

3. We know that the firm in the short run will be produce at a point where total revenue is greater than the total variable cost

Average variable cost = variable cost ÷ quantity

$=\frac{2Q^{2}}{Q}$

= 2Q

MC = 4Q

Here, MC is greater than AVC at any given point.

so in the short run firm will producing short run positive profit.

4 0

3 years ago