Explanation:
There are several drawbacks involved with the use of the tiered pricing approach, such as the commitment of a buyer to the firm, a - customer relationship and a variety of benefits and services for the customer.
a) The end of year will be awarded to customers purchasing $100,000 worth of products, due to a five percent bonus offer for their sales throughout the year.
b) commitments to resolve all customer service problems in the next day turnaround time.
c) Consumers ordering goods over $500,000 will be compensated with a 10% discount and a 4-hour contribution to solving all customer service issues.
Answer: a. Madison & Vine.
Explanation:
Madison and Vine advertising refers to an innovative way of marketing where both advertising and entertainment are merged so as to present a different style and reach more people.
People are usually more attentive when being entertained and so advertising to them during these times increases the chances of success which is what prompted this type of advertising and this is what is being offered to the electronics business by you in the scenario above.