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
Art [367]
3 years ago
14

One of the reasons marketers use loyalty segmentation is

Business
1 answer:
xeze [42]3 years ago
6 0

Answer:

The high cost of finding new customers.

Explanation:

Loyalty segmentation is when customers are grouped based on how they interact with you product and services. It is aimed at identifying those that use a business's products and services frequently or that are loyal to the business.

Loyalty segmentation is preferred by marketers because it maximises the lifetime value of customers. It is expensive to get new customers, so marketers maintain already existing relationships.

You might be interested in
Explain the meanings of market timing and security selection, highlighting their similarities and differences.
elena-s [515]
<h3>What Is Market Timing?</h3>

Market timing is the act of moving investment funds into or out of financial markets – or moving funds between asset classes – based on predictive methods. If an investor can predict when the market will go up and down, they can trade to turn that market movement into a profit.

<h3>What is security selection?</h3>

Security selection is the process of determining which financial stocks to include in a particular portfolio. Good stock picks can generate profits during market ups and downs and climate losses during bear markets.

Security selection implies picking individual stocks that the fund manager expects will outperform the market as a whole. Market timing implies betting on systematic risk factors. We see that Swedish equity mutual funds engage in both these types of active behaviour.

To learn more about mutual funds from given link

brainly.com/question/14967316

#SPJ4

8 0
1 year ago
In 2018, the Barton and Barton Company changed its method of valuing inventory from the FIFO method to the average cost method.
Sati [7]

Answer:

In Barton and Barton Company's general journal, entry required include:

Debit Retained Earnings Account with $8.2 million

Credit Opening Inventory with $8.2 million

Being reversal of overstated inventory due to change from FIFO to Average cost method.

Explanation:

The debit entry to the Retained Earnings Account will reduce the balance by $8.2 million.  The effect of overstating the closing inventory is overstatement of the net income because the cost of sales was understated as a result of the inventory overstatement.

The credit entry to the Opening Inventory reduces the balance to the new balance based on the average cost method of $23.8 million.

The FIFO cost method or First-In, First-Out method is an inventory costing method that assumes that goods that were bought first were the ones to be sold first.  The inventory cost is therefore valued with the most recent quantity and cost price.

On the other hand, the Average Cost Method, also called the Weighted Average Cost Method, calculates the inventory cost by adding all the period's inventory and dividing it by the quantity for the period.  This gives an average cost which is in turn used to multiply the quantity of inventory at the end of the period to obtain the inventory cost.

Both methods are estimates that produce different results and affect the reported net income differently.  There is always the need for consistency in choosing the method to apply so that reported net income is not unduly distorted.

3 0
3 years ago
trade-oriented sales promotions are directed at . multiple choice question. customers that are unhappy with your brand and are c
Rudiy27

Trade-oriented sales promotions are directed at B. wholesalers, retailers, or distributors.

<h3>What are Trade-oriented sales promotions ?</h3>

Trade-oriented sales promotion programs are aimed at the company's dealer network to compel them to promote the company's brand more than competing brands. It is sometimes referred to as a "push strategy," and it is aimed at the dealer network in order to encourage them to promote the brand to customers by giving it precedence over competing products.

In order to encourage volume sales, it may take the form of a product display, an additional case for every five cases ordered, cash discounts or straight cash payments, or it may be used to support a price reduction for customers. This is why it is directed at wholesalers, retailers, or distributors.

Find out more on trade - oriented promotions at brainly.com/question/14293289

#SPJ1

6 0
1 year ago
Resale price maintenance prevents retailers from competing on price.<br> a. true<br> b. false
-Dominant- [34]
The answer is (A) - True
7 0
3 years ago
Extremely powerful thunderstorms that develop intense rotating updrafts are
Deffense [45]
Extremely powerful thunderstorms that develop intense rotating updrafts are known as super cells.
8 0
3 years ago
Other questions:
  • McLeod Inc. is considering an investment that has an expected return of 8% and a standard deviation of 10%. What is the investme
    6·1 answer
  • The accompanying list describes the responses of four individuals to a bureau of labor statistics (bls) survey of employment. 1.
    8·1 answer
  • What power has social media granted companies that they had never had before
    6·1 answer
  • Define and explain each concept and give specific examples: a. Marginal Propensity to Consume and Marginal Propensity to Save (
    14·1 answer
  • Constitutional scholars have pointed out there is an inconsistency in justice marshalls opinion with respect to what the constit
    15·2 answers
  • What determines how the burden of tax is divided between buyers and sellers? Why?
    9·2 answers
  • The income statement for Stretch-Tape Corporation reports net sales of $540,000 and net income of $65,700. Average total assets
    15·1 answer
  • A 50 year old customer receives an inheritance of $1,000,000 which he places with an investment adviser to invest with the objec
    14·1 answer
  • Why do consumers and producers conduct marginal analyses?
    9·2 answers
  • Who should Jake Paul fight next? Currently in an argument with my brother!!
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!