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Alborosie
2 years ago
6

How would you market a health club in the South versus on the East Coast or West Coast?

Business
1 answer:
Delicious77 [7]2 years ago
7 0

We will first make a list of the market characteristics that are pertinent to the health club, and then, based on that list, we will determine the type of marketing strategy that needs to be adopted for the marketing of the health club. This will allow us to gain an understanding of the differences in how marketing is approached for the East, West, and South markets.

The East Coast is distinguished by its high levels of affluence, hectic urban environments, and limited free time, all of which contribute to a lower frequency of visits to fitness and health clubs. The most difficult task is to persuade them to make time for themselves and go to the fitness center. It is a very difficult task to sell memberships to a health club since most individuals would rather join a social club, which allows them to drink and host get-togethers.

This is further explained below.

<h3>What is a health club?</h3>

Generally, Because marketing a health club is not about the product but rather about the experience that the facility can provide, the strategy should be analogous to experiential marketing. Furthermore, in order to increase sales, the experience needs to be improved while also being maintained in terms of the quality of the experience that it delivers.

In conclusion, West Coast: Relaxed, natural, and health-focused. High spending power. Marketing should separate the health club via benefit selling. Because of increased competition, marketing should differentiate more.

Read more about the health club

brainly.com/question/19778727

#SPJ1

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The totals from the first payroll of the year are shown below. Total Earnings FICA OASDI FICA HI FIT W/H State Tax Union Dues Ne
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Answer and Explanation:

The journal entry to deposit the FICA and FIT taxes is as follows:

FICA OASDI $2,244.10  

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(Being to record deposit the FICA and FIT taxes)

Here the FICA OASDI FICA HI FIT W/H is debited and the cash is credited

So the same is to be considered

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3 years ago
Assume that the market for pencils is perfectly competitive. The market equilibrium price is $0.50 and Perry's Pencil Company ha
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The marginal revenue is $0.5 which is being earned if the company sells one more pencil.

<h3>What is total revenue?</h3>

Total revenue is the amount being obtained by the firm after selling the goods and services in the market.

Given values:

Quantity sold: 10,000 units

Marginal quantity: 10,001 units

Equilibrium price: $0.50

Computation of marginal revenue earned:

\rm\ Marginal \rm\ revenue=\frac{ \rm\ Additional \rm\ revenue-\rm\ Total \rm\ revenue}{\rm\ Total \rm\ quanitiy - \rm\ Additional \rm\ quantity} \\\rm\ Marginal \rm\ revenue=\frac{ 10,001 \times\ \$0.50 - 10,000 \times\ \$0.50}{10,001-10,000} \\\rm\ Marginal \rm\ revenue=\frac{\$5,000.50-\$5,000}{1} \\\rm\ Marginal \rm\ revenue=\$0.50

Therefore, when the company sells one more pencil then it earned a marginal revenue of $0.50.

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6 0
2 years ago
g Declaring bankruptcy by the bond issuing firm ______ . a. has no impact on value of its bonds b. increases the value of its bo
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Answer:

c. decreases the value of its bonds

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It complies with Revenue Recognition Accounting Policy 9. It will be a burden for the organization, until the moment services are provided for which the money is taken.

Revenue recognition is a GAAP which defines the specific conditions under which revenue can be recognized. Revenue recognition is a generally accepted concept of accounting. In fact, when the crucial event happened, profits are remembered and the value of the profit for the company is tangible.

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