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bezimeni [28]
1 year ago
13

After years of selling in the consumer market, Dave accepted a job as a salesperson for a firm that markets its products in the

B2B market. As he considers his new responsibilities, it's likely that he will
Business
1 answer:
ArbitrLikvidat [17]1 year ago
6 0

Dave accepted a position as a salesperson for a company that markets its products in the B2B sector after years of selling to consumers. He'll probably discover the following when he thinks about his new responsibilities: industrial clients typically need more individualized attention than clients in the consumer sector.

What is the consumer market?

When people buy goods or services for their consumption rather than to resell them, such market is known as the consumer market. Consumer markets are generally made up of goods that individuals use daily.

What is B2B marketing?

Businesses that use B2B marketing concentrate on promoting their products or services to other businesses. B2B enterprises sometimes function in this way because they offer goods that are in high demand among other businesses alone.

Do consumers prefer personalization?

More than 76% of consumers claimed that receiving tailored messages was a significant motivator for them to consider a brand, and 78% claimed that such information increased their likelihood of making a second purchase.

Learn more about Marketing: brainly.com/question/13414268

#SPJ4

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Suppose that the production of $500,000 worth of steel in the United States requires $100,000 worth of iron ore. The U.S. nomina
brilliants [131]

Answer:

The effective rate of protection for the U.S. steel industry is approximately 17.5%

Explanation:

Mathematically, the effective rate of protection is calculated as follows;

e = (n-ab)/(1-a)

where n is the nominal tariff rate on the final product , a is the ratio of the value of the imported input to the value of the finished product and b is the nominal tariff rate on the imported input

Mathematically;

a = value of iron ore/value of steel = 100,00/500,000 = 1/5 = 0.2

From the question, we can see that nominal tariff rate for steel n = 15% = 15/100 = 0.15

The nominal rate for iron ore b = 5% = 5/100 = 0.05

So we substitute all of these into the equation of e above

e = {0.15-0.2(0.05)}/(1-0.2) = (0.15-0.01)/0.8 = 0.14/0.8 = 0.175 which is same as 17.5%

3 0
2 years ago
Direct marketing ___________.a. is synonymous to word-of-mouth marketing. b. seeks the same objectives as personal selling strat
Alenkinab [10]

Answer: the correct option is E.

Explanation: Direct marketing can be referred to as an advertising strategy that implements an individual distribution of a sales pitch directly the to potential customers. The delivery systems used here, include, mail, e-mail, texting, and calls.

This method of marketing is called direct marketing because it is usually carried out without the use of middleman such as advertising media. This is because it will make no economical sense to utilize the media to market to just one particular customer.

Therefore, the direct method of marketing is not used in combination with other forms of promotional media.

8 0
3 years ago
Where in a business plan should the executive summary go?
scoundrel [369]
I think the answer is in the middle  
5 0
3 years ago
A practical approach that is frequently used by managers when setting a normal selling price is the ______
zhenek [66]

This combined process is called the market-related cost approach and is primarily used when valuing residential property The Valuation Process.

<h3>What is Valuation Process?</h3>

Analysts use valuation to determine the current or expected value of a stock, company, or asset. The goal of valuation is to appraise a security and compare its calculated worth to the current market price in order to identify promising investment possibilities.

The appraisal procedure starts when an appraiser finds the appraisal problem and finishes when they present their findings to you. Estimating market value is the most common appraisal assignment.

A valuation is used to assess the efficacy of your strategic decision-making process and to provide the opportunity to track performance in terms of expected change in value rather than just revenue.

To know more about Valuation Process follow the link:

brainly.com/question/15904086

#SPJ4

8 0
1 year ago
One probable reason that the Constitution's framers included very strong wording protecting private property and contracts was _
kykrilka [37]

Answer: ...they were invested and had to protect their own wealth.

Explanation:

The constitution's framers of America were founding fathers and visionaries. They designed the America's constitution to endure times and to stand the pressures of being a new country. They also aimed at addressing not only the specific challenges facing the nation during their lifetimes, but they also tried to establish the foundational principles that would lead and guide the young nation into an uncertain future of our days.

7 0
3 years ago
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