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bulgar [2K]
3 years ago
8

Organic Beauty, a company manufacturing organic cosmetics, body care products, and fragrances, doesn't want to pay the expensive

costs of carrying celebrity-sponsored fragrance brands. However, since many of the company's customers want to buy these products, its refusal to carry them has caused decreasing market share. As a result, the company eventually started carrying these sought-after brands. This is an example of how
Business
1 answer:
Damm [24]3 years ago
4 0

Answer:

Consumer pull caused a company to change its practises.

Explanation:

Consumer pull marketing is when a company devices several means to get customers to buy its products. The aim is to increase product demand, win and retain customer loyalty. Unlike consumer push which is a method used to dispose already existing products by bringing them to consumers ; consumer pull attract buyers to its product.

Generally, most companies uses several advertising mode like word of mouth referrals, placement of a product in a strategic place, sales promotion, blogs etc to stimulate the demand for their products since they know customers are looking for products that would meet or suit their need but needed to be attracted to the solution offered by the company.

Morever, the cost expended on consumer pull marketing is way higher before it becomes a brand and household name among consumers. As in the case above, the celebrities have influence on consumers demand for the products even though they have interest in purchasing them hence result to fall in market share.

Example of consumer pull marketing is children wares. Companies would get the wares advertised through various channels such that children and parents becomes attracted to them. Once they are attracted, demand for these wares will increase and retailers would also want to stock up their shops with these wares.

The whole process of the above example is called consumer pull because the company has been able to get customers to buy its products.

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vichka [17]

Answer:

C because Perishability is used in marketing to describe the way in which service cannot be stored for sale in the future

6 0
3 years ago
Suppose Ms. Smith sells her 2018 Honda Fit next year. The original cost of the
Greeley [361]

Answer:

C

Explanation:

Cost=10000

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7 0
3 years ago
Cost of goods manufactured during the year is $240,000, and work in process inventory on December 31 is $50,000. Work in process
Zinaida [17]

Answer:

$165,000

Explanation:

The first step is to calculate the work in process inventory

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Hence the total manufacturing costs is $165,000

8 0
3 years ago
What is the name of the Inca tot of stock market prices that averages 30 selected industrial stocks?
nydimaria [60]

Answer:

C

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I'm smart boy that's y because y = u and u nedda pay attention in class blood

6 0
3 years ago
What is the double meaning in atticus' statement that "this case is as simple as black and white"?
son4ous [18]
<span>he means that it is as simple as black people being subordinate to white people



i hope this helps you
</span><span />
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