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timurjin [86]
2 years ago
7

When zappos first started out, which form of promotional tool did it use to build its customer base?

Business
1 answer:
CaHeK987 [17]2 years ago
6 0

When Zappos first started out, the promotional tool which he used to build its customer base was Word-of-mouth.

Word-of-mouth advertising occurs when a consumer expresses interest in a brand's goods or services in casual conversations. In essence, it is free promotion brought on by a positive customer experience, which typically goes above and above their expectations. Through various publicity initiatives set up by businesses or by providing opportunities to promote consumer-to-consumer and consumer-to-marketer communications, word-of-mouth marketing can be promoted. Word-of-mouth advertising (WOM marketing) occurs when customers recommend a business's goods or services to their friends, relatives, and other people they value significantly.

To know more about Word-of-mouth advertising refer:

brainly.com/question/7230019

#SPJ4

You might be interested in
What is the price of a perpetual bond that pays a $45 per year into perpetuity, and has a 3.5% yield to maturity (YTM)
snow_tiger [21]

Answer:

Price =$1,285.71

Explanation:

<em>A perpetual bond is that which pays a fixed amount of interest income for the foreseeable future. It issuer does not always have an obligation for redemption under the terms of loan contract.</em>

The price of   perpetual bond can be determined as the present value of a perpetuity. An perpetuity is an annuity that pays a fixed amount of cash flow for a certain number of years

PV = A/r

PV- price of bond- ?

A- annual interest - 45

r- Yield to maturity- 3.5%

Price = 45/0.035=1,285.714

Price =$1,285.71

6 0
4 years ago
________ is the shift from people making their own fun to people purchasing it as goods and services.
Greeley [361]

The commodification of recreational activities is the shift from people making their own fun to people purchasing it as goods and services.

<h3>What is commodification?</h3>

This is when values are assigned to objects or things which are previously meant for fun. Commodification occurs when something that used to have intrinsic value gradually develops a monetary value like water, or sunshine, or knowledge as an example.

Here, human and socio cultural value are converted into market value which also applies to goods, services, ideas, and other forms and products.

Commodification provides benefit to a business environment which includes opportunities for developing new products and services inorder to meet ever changing customer needs and demand.

Learn more about commodification here: brainly.com/question/13235742

#SPJ1

6 0
2 years ago
Expansionary fiscal policy is used in order to ______ the economy.
Tresset [83]

Answer:

stimulate

expansionary fiscal policy is used in order to “stimulate” the economy; this is the right answer

8 0
3 years ago
Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually.
aleksley [76]

Answer:

a) Future Value = $530

b) Future Value = $561.8

c) Present Value =$566.037

d) Present Value =$533.99

Explanation:

FV = PV × (1+r)^n

FV -future Value , r- interest rate,n- number of years , PV-present Value

FV = 500 ×(1.06)^1 =

Future Value = $530

b

FV = 500 × 1.06^2 =

Future Value = $561.8

c) Present Value

PV = FV × (1+r)^(-n)

PV =  600 ×1.06^(-1)=566.037

Present Value =$566.037

d)

PV = FV × (1+r)^(-n)

FV -future Value , r- interest rate,n- number of years , PV-present Value

PV =  600 ×1.06^(-2) = 533.99

Present Value =$533.99

a) Future Value = $530

b) Future Value = $561.8

c) Present Value =$566.037

d) Present Value =$533.99

3 0
3 years ago
A Person who works and provides services for a fee, but not a full time employee. . A. Vendor . . B. Broker . . C. Contractor .
Sveta_85 [38]
The answer: C. Contractor
6 0
3 years ago
Read 2 more answers
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