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lisabon 2012 [21]
3 years ago
14

Part 4: Marketing Strategy Describe the target market strategy for Lee’s business. Paint a very clear picture of who Lee will be

targeting for her product. For example: Appealing to an entire market, concentrating on one particular segment, or multiple market segments. Explain the four strategies for growth: market penetration, market development, product development, and diversification. How can Lee use market penetration to increase her sales? Explain. Briefly describe your marketing mix strategy: product (size, colors, packaging, use, etc.), place or distribution method, pricing, and promotion. Part 5: Implementation Using the concepts from the text, explain how you will turn your plan into a reality. For example: Detailed job assignments and activity descriptions. Part 6: Evaluation Using the concepts from the text, describe how will you evaluate your marketing strategy.
Business
1 answer:
love history [14]3 years ago
6 0

Answer:

Part 4  

The focused on crowd would be secondary school and undergrads. Since the store is situated in the city, which is storage room to our present area according to given data. Focusing on youthful crowd would sure offer lift to deals.  

Market entrance use organization current assets and abilities to pick up benefit. It is least dangerous as we should simply keep up piece of the overall industry in showcase. It is like focusing on the database or clients we as of now have, the individuals who will purchase the item when we dispatch it.  

Market improvement advises us to catch new fragments and territory with the goal that we can build deal by focusing on new clients and at the same time growing organization branches to new areas.  

An item improvement center around explicit objective crowd and more often than not it is made for existing clients. It use organization quality and convey explicit items to existing clients.  

Broadening is the most dangerous technique as it requires market and item improvement. The market pattern is generally significant right now the organization can endure immense if the item neglects to catch showcase.  

The technique is straightforward comprehend the requirements of crowd and afterward convey the item. For this undertaking we need to consider the fulfillment in the region, comprehend what they are offering and how might we beat them by giving better highlights at same or less expense.  

Part 5 (since I don't have content that is being alluded, I will give general methodology that will work fine and dandy)  

The execution thought would expect us to accomplice up with nearby stores from the start and request that they promote our items until we open new stores in that area. We can have separate area showing our items and structures and what make us novel from other in the market. We can put accentuation on how our image convey quality items and how they are useful for focused crowd. We can likewise select a salesman on most mainstream areas that will help instruct the clients about our item and its advantages. We can likewise actualize new arrangements for opening week like purchase 2 sets and get 40% rebate. We need to push comparative techniques to pick up consideration and afterward promoting our items to new crowd.  

Part 6  

To assess our system we have to accomplish our objectives in or before time. We need to assess edges and benefits for better outcomes. On the off chance that our methodology can bring new clients and we can hold them after some time. This will help support our development and afterward we can concentrate on catching various markets around there. This will help boosting our offer in the market.

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A. A<span>n individual who pretends to be a customer to help a company test its offerings a detailed description of a typical, but fictional customer</span>
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3 years ago
Bateman Enterprises invested in the bonds of Greater Gloucester on January​ 1, 2018. These 10minus​year, $ 400 comma 000 bonds p
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Explanation:

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3 years ago
On November 2, 2020, Bramble Company has cash sales of $6120 from merchandise having a cost of $3540. The entries to record the
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Cash will be debited and sales will be credited by $6,120 and cost of good sold with be debited and inventory will be credited by $3,540.

A journal entry is the act of maintaining or producing records of any economic or the non-economic transaction. An accounting journal, which shows a company's debit and credit balances, records transactions. The journal entry may have many records, each of which is either a debit or a credit.

The journal entry to record days cash sales would be as given below:

Cash (Dr)                     $6,120

   To sales                                 $6120

(Being cash sales of $6,120)

Cost of good sold  (Dr)  $3,540

    To inventory                          $3,540.

(Being cost of cost of good sold)

 

To know more about journal entries click here:

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7 0
2 years ago
Today is your 21st birthday and you just decided to start saving money so you can retire early. Thus, you are going to save $500
inna [77]

Answer: Option E -- 54.39years old

Explanation:

Compound interest is calculated using compound interest formula. Using compound interest formula, which is A = P(1+(r/n)) ^nt

Where A= Final Amount

P = Initial Principal Amount

r = Interest Rate

n = number of times interest applied per time period

t = number of times period elapsed

You/I would be 54.39years old when you/I retired. Which is Option E

3 0
3 years ago
Explain why it might be more advantageous to borrow money from a credit union than to use other sources of credit.
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Answer:

Explanation:

Credit unions offer higher savings rates and lower interest rates on loans. This means that their members are better served and might be able to save a significant amount on car loans, student loans, and mortgages.

5 0
3 years ago
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