1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hoa [83]
2 years ago
11

Which pricing tactic should most likely be used when marketing organization are targeted quality-conscious consumers?

Business
1 answer:
miss Akunina [59]2 years ago
5 0

A targeted pricing tactic should most likely be used when marketing organizations are targeting quality-conscious consumers.

Marketing is an activity, institution, and process for creating, communicating, delivering, and exchanging offers of value to customers, clients, partners, and society as a whole.

Marketing informs many people about a particular product. Sales increase when people get enough information about your product. Marketing is very helpful for many companies to create revenue opportunities. This is true when the corporate sector uses different marketing strategies to increase corporate profits.

Learn more about marketing  here

brainly.com/question/25754149

#SPJ4

You might be interested in
Think of a firm that has attained a differentiation focus or cost focus strategy. Are its advantages sustainable? Why? Why not?
quester [9]

Answer:

Yes they are sustainable

Explanation:

The strategies mentioned in the question were laid out my Michael Porter and therefore, we can look analyse his model to understand whether these strategies are sustainable or not.

Porter has categorized strategies into 3 broad categories: Cost Leadership, Differentiation, and Focus strategies (all three are known as "Generic Strategies). Focus strategy is branched out into two sub-segments known as Cost Focus and Differentiation Focus.

Now, the question has already clarified that the strategies in question are both focus strategies. So lets understand what each entails.

Differentiation Focus: A strategy in which the company aims to gain market leadership in a focused market (a specific market) through strategic differentiaion. This strategic differentiaion involves offering a specialized service or a unique product in a niche market. Cost focus strategy is similar in the sense is that that the aim is to offer highly low cost products/services to a niche market. Because of the focus on these niche markets, company's develop a strong understansing of the consumer thereby developing strong brand loyalty with that particular customer base. The key ingredient, again, is that the competitive advantage is being harnessed by focusing just on a particular niche market. Another key component is that the companies using this strategy rely on the consumers in the target market having different needs, tastes, and requirements than consumers in other segments in the industry.

Now, these strategies by desig were put forth my Porter has being sustainable. Hence the term "generic strategies" in that they can be broadly used to create and sustain performance. The focus strategies as defined above are sustainable since they harness the power of having priority knowledge of their target market to provide appropriate services and products. The high brand loyalty and knowledge of consumers give them an edge over competitors (competitive rivalry). Supplier power depends on the nature of products being offered therefore it cant be taken into consideration. Buyer power can be managed since you are prodiving unique service offerings to unique customers. Threat of substitution depends on the product and service offering. Threat of new entry by larger player exists, but due to the focus that the company had in the target market, barriers to entry (long strong brand loyalty) can be developed.

7 0
3 years ago
I will give u brianlest this is my klikbot central plz sub
Tresset [83]
Okay i got youuuuu i will sub
7 0
2 years ago
Read 2 more answers
Packaging Products, Inc., sends its standard purchase-order form to Quality Box Company to evidence a sale of packaging material
natima [27]

Answer:

Option D. Any of the above.

Explanation:

The reason is that the contract is not formed until the both parties don't agree on the terms and conditions of the contract which includes:

  • New terms and conditions because as we know the business environment is consistently changing like inflation changes, etc (Option A).
  • The acceptance is always required for the contract formation (Option B).
  • Additional clauses of the contract are new clauses and acceptance is required for these to form a contract (Option C).

So all of the options can alter the contract existence. So the right answer is option D.

4 0
3 years ago
Read 2 more answers
How should Kane work with the salespeople to introduce the change?
Nataly [62]

activities. In this chapter, you will learn about these two important management activities. ... To implement organizational change, managers must work to overcome that resistance ... Second, Kane's salespeople were.
3 0
3 years ago
HELP!!!
Maksim231197 [3]
The answer is:

B Because idk
4 0
3 years ago
Read 2 more answers
Other questions:
  • "books are the best of things, well used; abused, among the worst. what is the right use? what is the one end which all means go
    12·1 answer
  • In a market analysis, the _____ is considered a good indicator of the potential of the market. It is derived by dividing the per
    11·1 answer
  • A job was budgeted to require 3 hours of labor per unit at $8.00 per hour. the job consisted of 8,000 units and was completed in
    8·2 answers
  • Billings Inc. has net income of $161,000, a profit margin of 7.6 percent, and an accounts receivable balance of $127,100. Assume
    12·1 answer
  • What is the primary purpose of a mission statement
    13·1 answer
  • Using the cut-and-try method for aggregate operations planning we can determine the production requirement in units of product.
    8·1 answer
  • Gilberto manages a grocery store in a country experiencing a high rate of inflation. To keep up with inflation, he spends a lot
    6·1 answer
  • 1. What is the author trying to say in comparing Becky's world with Desta's world?<br><br> Help me
    13·1 answer
  • Money Bank has $500 million dollars in deposits and has 12 percent reserve ratio, how much can Money Bank lend
    13·1 answer
  • 1. Contrast traditional economies, command economies, and economies.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!