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3 years ago

What is the term for convincing a customer to buy a larger quantity of an item or a more expensive item?

2 answers:

7 0

This technique is known as "upselling". The seller might induce a customer to buy/ purchase "more expensive items", upgrades or even other add-ons with the purpose of getting more profitable sales. it might consist on provide the customer with more options or opinions that may not have been considered before.

MaRussiya [10]3 years ago

5 0

The answer to your question is “Upselling”

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Angela's monthly disposable income is $2 comma 3682,368. She has monthly expenses of $2 comma 1272,127 (including recreationa

Alchen [17]

Answer:

12.88%

Explanation:

Angela's disposable income $2,368

monthly expenses including recreational expenses ($2,127)

net cash flow $241

after expenses are reduced by $64, her net cash flow will increase to $305

Angela's monthly savings rate = (net cash flow / disposable income) x 100 = $305 / $2,368 = 12.88%

A person's savings rate is how much money they save (do not spend) compared to their total disposable income.

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3 years ago

In a firm's external environment, _____ primarily capture population characteristics related to age, gender, family size, ethnic

Tpy6a [65]

Answer:

demographic trends

Explanation:

Demographic trends cover statistics such as age, gender, religion and socioeconomic class.

I hope my answer helps you

4 0

3 years ago

Imagine you own a small gift shop in a popular but remote tourist location. You want to develop an effective marketing strategy

Arlecino [84]

Answer:

Situational actions on SWOT of a business

Explanation:

Strengths

You have especially good relationships with many suppliers due to your years in business and your success.

You have developed a software system that makes online orders extremely easy.

Weaknesses

You are dependent upon a few artists to keep you in stock.

Opportunities

Your business is in a location that is easy to get into and out of.

The highway that they have been talking about for years is finally being built.

Two new hotels are scheduled for opening next year.

Threats

It is difficult to hire workers with retail experience in the area.

The price of gas goes up.

Wal-Mart moves into a town a few miles away.

The Post Office decides to cut deliveries on Saturday.

Another gift shop may open next door.

Three marketing actions to ensure the success of the shop and why it will work include:

1. Expand your advertisement outreach for experienced retail workers beyond your location, with motivational packages and incentives. Alternatively, get workers around your location and train them to acquire the required retail experience for the job

2. With increase in the price of gas which affects your profit margin, and taking into cognizance your strength in cusstomer relationship, endeavour to increase your product and service outreach and turnover to mitigate for the addition expenses.

3. With the arrival of Wal-Mart as competitor, you will need to maintain consistency in products and services, as well as offer promotional packages

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4 years ago

Open innovation’ can only operate across web-based platforms – true or false?

gizmo_the_mogwai [7]

I am not very sure but I believe that the correct answer is True.

6 0

3 years ago

A what is when a group of companies illegally work together and essentially create a monopoly in order to increase prices and th

ser-zykov [4K]

A cartel is when a group of companies illegally work together and essentially create a monopoly in order to increase prices and their profits.

8 0

3 years ago