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
dedylja [7]
4 years ago
8

Warren Cassell, owner of Just Books, a very small book store, makes special orders for customers at no extra charge, provides fr

ee gift-wrapping, conducts out-of-print book searches, offers autographed copies of books, hosts "Meet the Author" breakfasts, and publishes a newsletter for book lovers. By offering his customers lots of "extras" they do not get at larger bookstores, Cassell has won a growing base of loyal customers. Cassell is relying on which marketing strategy
Business
2 answers:
Anna007 [38]4 years ago
5 0

Answer:

Cassell is relying on Guerrilla Marketing strategy in this case.

Explanation:

Guerrilla Marketing:

It is a such type of marketing strategy in which we use non-traditional ways to accomplish our marketing goals. This unconventional way of marketing is directed towards developing an emotional between a business/organization and its customer.

Example:

The common example of guerrilla marketing is as follow:

A company named "XYZ" sells soft drink and they start a campaign in a public space in which they offer free drinks to the public. The people taste their soft drink for free and tell others about it.  

In our case, Warren Cassell use this strategy of marketing by offering them free gift-wrapping, free autographed copies of books etc so that the customer develop a very strong emotional bond with the book store. As a result, they will tell other people about her generosity and will help her to expand her business.    

Mademuasel [1]4 years ago
5 0

Answer:

Guerrilla marketing strategy

Explanation:

When a company uses guerrilla marketing strategies they are looking for unconventional ways to provide their customers with an extraordinary experience. Usually small companies are able to use this type of strategies because it involves unconventional tactics and surprise factors, which are very difficult to carry on by larger firms.

For example, a local coffee shop where the owner knows the clients by name, asks about their families and has developed a friendly relationship with them. The products are not standardized and vary every couple of days, new recipes are continuously introduced and the clients view the store as part of their lives. Those "extras" that come with the service make the difference and create a very loyal customer base.

You wouldn't find that at a Starbucks since employees come and go, and the client volume is so large that it makes personal interactions extremely difficult, and the products are standardized.

You might be interested in
Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply.
Kamila [148]

Answer:

Explanation:

1. No effect. The GDP is the total value of goods and services produced in a country in a specific period of time. If we are talking about US GDP, the purchase of a Belgium chocolate would not affect it.

2. Effect on investment. In spite Honda is a Japanese enterprise, it is producing in the United States. The GDP, is the value of all goods and services produced in country.

3. Effect on investment. Purchase of new housing affects the count of investment (not consume).

4. Affects consume. Because the air-conditioner was produced in the US.

5. Affects consume. They paid an accountant for a service produced in the U.S

6. Effect in government expenses. The salary for these workers is paid by the government, specifically the subdivision of New York.

7. Effect in government expenses. These economic benefits are paid by the government and no other private entities.

4 0
3 years ago
Mia received a credit card offer in the mail. The credit card has an annual percentage rate of 26%. What is the approximate mont
devlian [24]

Answer:

Monthly interest rate = 2.16666667%

Explanation:

Given:

Annual percentage rate = 26% = 26 / 100 = 0.26

Total number of months in a year = 12 month

Monthly interest rate = ?

Computation of monthly interest rate :

Monthly interest rate = Annual percentage rate / Total number of months in a year

Monthly interest rate = 0.26 / 12

Monthly interest rate = 0.0216666667

Monthly interest rate = 2.16666667%

6 0
4 years ago
What is moral muteness? Why do you think an advertising professional might experience this phenomenon?
SpyIntel [72]

Answer: See explanation

Explanation:

Moral muteness occurs when as individuals in the society, we choose not to speak up when we witness an unethical behavior by someone. Even though such issues don't go along with the moral beliefs of the person who witnessed it, he or she decides not to speak against it.

An advertising professional might experience this phenomenon because of the fear of the fear of the fact that speaking up might affect his or her chance of selling the product to the person with the unethical behavior and also due to fear of losing ones job.

7 0
3 years ago
The internal growth rate of a firm is best described as the: Multiple Choice Minimum growth rate achievable assuming a 100 perce
telo118 [61]

Answer:

The answer is: Maximum growth rate achievable excluding external financing of any kind.

Explanation:

The internal growth rate (IGR) of a company is the maximum level of business operations at which a company can function with its own resources, without obtaining external financing through issuing new debt or equity.

It measures the company's ability to increase sales and profit without any outside "help" (new debt or equity).

6 0
3 years ago
Joplin Industries Inc. manufactures and sells high-quality sporting goods equipment under its highly recognizable J-Sports logo.
motikmotik

Answer:

a.                         Joplin Industries Inc.

             Absorption Costing Income Statement

                  For the Month Ended June 30

Sales                                                                        $81,000,000

Less: Beginning inventory           $4,387,200          

Cost of goods manufactured       <u>$45,756,000</u>

Cost of goods sold                                                 <u>$50,143,200</u>

Gross Profit                                                              $30,856,800

Selling and Administrative Expenses                    <u>$13,122,000</u>

Operating Income                                                  <u>$17,734,800</u>

b.                           Joplin Industries Inc.

                 Variable Costing Income Statement

                      For the Month Ended June 30

Sales                                                                        $81,000,000

Variable cost of goods sold                                   <u>$40,500,000</u>

Manufacturing Margin                                            $40,500,000

Selling and Administrative Expenses                    <u>$12,150,000</u>

Contribution Margin                                                $28,350,000

<u>Fixed cost</u>

Manufacturing cost                   $8,856,000

Selling and Admin Expenses   <u>$972,000</u>

Total Fixed cost                                                         <u>$9,828,000</u>

Operating Income                                                     <u>$18,522,000</u>

4 0
3 years ago
Other questions:
  • Marigold Corp. showed the following balances at the end of its first year:
    8·1 answer
  • What kind of policy can a company implement that can help diminish the activity of sending unsolicited email? email privacy poli
    14·1 answer
  • Barton Chocolates used a promissory note to borrow $1,000,000 on July 1, 2018, at an annual interest rate of 6 percent. The note
    14·1 answer
  • Samantha's rating in a job interview is high in contrast to the candidate who was interviewed directly before her, who was rated
    6·2 answers
  • The FASAB’s Statement of Accounting and Reporting Concepts Statement No. 1 identifies four objectives of federal financial repor
    7·1 answer
  • Can anyone share important questions on Managerial Information Systems??
    10·1 answer
  • O'Reilly Beverage Company reported net income of $650,000 for 2021. In addition, the company deferred a $60,000 pretax loss on d
    10·1 answer
  • I want to become either a rapper or an artist in arts. how do i follow my dream.
    10·2 answers
  • Main Company sells a video streaming device for $100. A one-year subscription to unlimited video streaming costs $150. Alternati
    6·1 answer
  • What questions would you ask a potential customer?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!