I want to know if you're capable of updating current marketing materials, promoting the business at trade fairs, and contacting potential clients through direct mail campaigns.
How do you recognize prospective clients?
Divide Up Your Potential Clientele. The first step in locating and comprehending your potential consumer base is segmenting your current customer base.
Research rivals.
Create a marketing plan for a healthy brand.
Recognize Changing Consumer Demands and Behaviours.
Customer and potential customer definitions
Customers are current users who consume our products, services, or other offerings and express interest in our brand. Potential clients are individuals who haven't yet used our services but are likely to be interested clients in the future.
To know more about potential customer
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Answer:
There are no barriers to entry.
5. Both buyers and sellers are price takers
.7. Firms’ products are identical.
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
A monopoly is when there's only one firm operating in an industry.
I hope my answer helps you
Answer:
D. the interest rate banks charge each other for overnight loans.
Explanation:
The Federal reserve requires banks to maintain a certain minimum amount on their local Federal bank account or in their vaults each night. The remaining amount can be lent out to the public or to other commercial banks. However, if a bank is running short of funds at the end of the day, they can borrow from another bank at the overnight federal fund rate before the business opens the next day.
I’m pretty sure it’s d sorry if it’s wrong!
If a customer has a concern about a product or service you can chat with the customer about their reservations with it and how they won't actually have an affect on the product or service. It is normal for consumers to be weary of a new product or service so helping their reservations be but to rest makes it easier to sell them the product or service.
