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Valentin [98]
3 years ago
7

Which of the following statements is true of direct marketing? Direct marketers can target only large groups of customers whose

demographic features have not been determined. Online direct marketing results in higher cost-per-contact for the company when compared to traditional mass marketing strategies. Direct marketing is immediate, interactive, and gives consumers a lot of control in making purchases. For buyers, direct marketing is an inconvenient and lengthy process. Direct marketers offer a limited selection of products and services to customers.
Business
1 answer:
Lady bird [3.3K]3 years ago
6 0

Answer:

The correct answer is: Direct marketing offers sellers a low-cost alternative for reaching their markets.

Explanation:

Direct marketing generally consists of creating direct connections or links with potential consumers in order to cultivate as long-lasting business relationships as possible. Achieve a closeness of constant loyalty with them.

Sellers or direct sales consultants often communicate with customers interactively, that is, one by one. With the help of detailed databases, they adapt their offers and marketing communications to the needs of narrowly defined segments or even individual buyers.

The first sellers or direct sales consultants (such as catalog sales companies, direct mail and telemarketers), collected customer names and sold items mainly by mail and telephone. Today, direct marketing has undergone an impressive transformation driven by rapid advances in database technologies and new marketing media, especially the internet.

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False we use it to save money
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Payton Inc. r reports in its 2017 annual report 10-K, sales of $8,180 million and cost of goods sold of $3,272 million. For next
jek_recluse [69]

Answer:

C. $3,454 million

Explanation:

Calculation to determine what the Projected cost of goods sold for 2018 will be:

2018 Projected cost of goods sold = [(8,180*1.03)*(3,272/8,180)+1%)]

2018 Projected cost of goods sold = (8,425 * (0.40+1%)

2018 Projected cost of goods sold= 3,454 million

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Which of the following is true of viral marketing? It is the Internet version of word-of-mouth marketing. It refers to problems
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Answer:

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5 0
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A hardware store makes a profit of $30,000 during its first year. The store owner sets a goal of increasing profits by $4000 eac
MrMuchimi

Answer:

$294,000

Explanation:

Data provided in the question:

Profit during the first year = $30,000

Increase in profit each year = $4,000

Now,

Profit for the current year = Profit for the previous year + $4,000

Therefore,

Year                 Current year profit

1                           $30,000

2                           $34,000                   [$30,000 + $4.000]

3                           $38,000                   [$34,000 + $4.000]

4                           $42,000                   [$38,000 + $4.000]

5                           $46,000                   [$42,000 + $4.000]

6                           $50,000                   [$46,000 + $4.000]

7                           $54,000                   [$50,000 + $4.000]

Hence,

The total profit during the first 7 years of business = ∑ (Current year profit)

= $30,000 + $34,000 + $38,000 + $42,000 + $46,000 + $50,000 + $54,000

= $294,000

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