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
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.

You might be interested in
The portrayal of jobs on TV and in the movies is usually accurate.<br> true or false?
kakasveta [241]
False they tend to make way more easy to get a job on tv an in movies 
3 0
3 years ago
Read 2 more answers
The price index in the first year is 110, in the second year is 100, and in the third year is 96. The economy experienced
Digiron [165]

Answer:

a. 9.1 percent deflation between the first and second years, and 4 percent deflation between the second and third years.

Explanation:

To calculate the rate of inflation/deflation, we have to divide by the oldest price index.

The second year, the variation of the price index was:

\Delta PI/PI=\frac{PI_2-PI_1}{PI_1}=\frac{100-110}{110}=\frac{-10}{110}=-0.909=-9.1\%

This means a 9.1% deflation.

The third year, the variation of the price index was:

\Delta PI/PI=\frac{PI_3-PI_2}{PI_2}=\frac{96-100}{100}=\frac{-4}{100}=-0.04=-4\%

This means a 4% deflation.

8 0
3 years ago
All of the following are expenses associated with home ownership that should be planned for early in the process except
grandymaker [24]
Mortgage payments are expenses associated with home ownership
7 0
3 years ago
Wildhorse Co. incurred research and development costs in 2018 as follows:
vazorg [7]

Answer:

d. $2,950,000

Explanation:

The computation of amount of research and development costs charged is shown below:-

Amount of research and development costs = Direct materials + Personnel cost + Consulting fee paid to outsiders + Indirect costs + Depreciation

= $995,000 + $795,000 + $345,000 + $270,000 + $545,000

= $2,950,000

Therefore for computing the amount of research and development costs we simply applied the above formula.

8 0
3 years ago
Based on your knowledge of pricing concepts, why does Warby Parker stress that the price tag for frames starts at $95
gladu [14]

Answer:

He is used to paying less for other things. He expected the glasses to be cheaper.

5 0
2 years ago
Other questions:
  • The XYZ Company has just hired you as Production Manager of their North American Fabrication Facility. Your first job is to use
    5·1 answer
  • The economy is initially in short-run equilibrium when incomes taxes decline and productivity rises. If the change in aggregate
    14·2 answers
  • Tickets to a concert are $35 each. In addition to the cost for the tickets ordered, there is a $15 processing charge per order.
    9·1 answer
  • According to entry-level analysis project (elap) statistics, what percentage of therapists are leaving the profession in the fir
    8·1 answer
  • Fullerton Waste Management purchased land and a warehouse for $720,000. In addition to the purchase price, Fullerton made the fo
    12·1 answer
  • The stock in Up-Towne Movers is selling for $46.00 per share. Investors have a required return of 11.1 percent and expect the di
    12·1 answer
  • Real GDP is calculated using unchanging prices.<br><br> True<br><br> False
    5·1 answer
  • Which business letter feature is found at the top of the page?
    6·2 answers
  • What can occur as a result of not having an innovation and planning iteration?
    8·1 answer
  • a consumer's line or constraint shows various combinations of two products that can be purchased with a specific amount of incom
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!