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vitfil [10]
4 years ago
7

After extensive customer research and segmentation, an artist sketchpad company decided it would offer low-priced pads for artis

ts. It then decided it could off-set the lower price by removing the pads from retail stores and offering them exclusively through their own website. After implementation of their marketing strategy, sales plummeted for the sketchpad. What question should the company have asked itself about the promotion of its sketchpad before implementing their new marketing strategy
Business
1 answer:
natulia [17]4 years ago
5 0

Answer:

The correct answer is: How this new decision would impact in the consumers?

Explanation:

To begin with, due to the fact that the company first offer a low price to its costumers and then eventually tend to charge a different price by offering something completely different then the consumers will find that situation pretty unpleasent due to the fact that first they had something better and that is the main reason why the sales for the sketchpad plummeted after making that new decision. Therefore that the company's employees may have asked themself before the question of how the new price would impact in the consumers eventually.

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The money you pay for an insurance policy is called your
Aleonysh [2.5K]

Answer: Insurance premium

Explanation:

4 0
3 years ago
The four types of consumer products differ in terms of the (1) effort the consumer spends on the decision, (2) attributes used i
yarga [219]

Answer:

Types of Consumer Product       Examples

Convenience Product:                 Zest bar soap

Shopping Product:                       Sony Blu-ray Disc™ player

                                                     Doritos Hermès Birkin bag

                                                     Goodyear Ultra Grip tires

Specialty Product:                       Patek Philippe watch

                                                    Maytag® dishwasher

Unsought Product:                      Royce Poplar coffin

Explanation:

a) The factors that distinguish consumer products are:

(1) effort the consumer spends on the decision

(2) attributes used in making the purchase decision

(3) frequency of purchase.

b) Types of Consumer Product

Convenience Product

Shopping Product

Specialty Product

Unsought Product

c) Product Examples:

Royce Poplar coffin

Patek Philippe watch

Sony Blu-ray Disc™ player

Maytag® dishwasher

Doritos Hermès Birkin bag

Zest bar soap

Goodyear Ultra Grip tires

6 0
3 years ago
The original marketing strategy of McDonald's in BrazilSelect one:a. promoted a beer with lunch.b. completely changed the menu t
MAXImum [283]

Answer:

c. tried to Americanize Brazilian eating habits

Explanation:

McDonald's is an American brand that popularize the eating burgers, that represents the american culture.

McDonald's has a culture of selling american and the country version of burgers where the outlet is located. But it do not sell the local dish in its food chain.

Accordingly in Brazil also the McDonald's was selling huge variety of burgers and was trying to create an American habit among the people of Brazil.

Thus, it was developing the eating habits of the people of Brazil in American way.

8 0
4 years ago
Is budget towards a new computer a fixed or variable expense?
Damm [24]
A budget isn’t an expense, nor is a new computer rather an asset
5 0
4 years ago
Sunland Company accumulates the following data concerning a proposed capital investment: cash cost $208,780, net annual cash flo
siniylev [52]

The net present value is 12,100. The investment should be made because NPV is positive

The present value of an investment's after-tax cash flows is known as the investment's net present value.

Businesses can make decisions using the NPV technique. It aids in not only comparing projects of the same size but also in determining whether a given investment is profitable or not.

While the net present value has advantages such as taking time worth of money into an account and assisting management in making better decisions, it also has drawbacks such as not taking hidden costs into account and being unable to be utilized by the company to compare projects of various sizes.

NPV =( Net annual cash flows x present value factor)  - cost

NPV =  (44,000 x 5,02 ) - $208,780 = 12,100

To know more about net present value refer to:  brainly.com/question/17162144

#SPJ1

3 0
2 years ago
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