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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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Joanna received $69,300 compensation from her employer, the value of her stock in ABC company appreciated by $13,900 during the
vovikov84 [41]

Answer:

$69,300

Explanation:

According to the scenario, given data are as follows:

Compensation received = $69,300

Stock value appreciated (Not sell)= $13,900

Insurance amount = $31,800

So, we can calculate the Joanna's gross income by using following formula:

Joanna's Gross income = $69,300 + 0 + 0 = $69,300

Stock value is not included because it is not sold.

Insurance amount is not considered in gross income.

Hence, Joanna's gross income is $69,300.

7 0
3 years ago
Several small vineyard owners in the Napa Valley region of California banded together to market their grapes and wine in an atte
julsineya [31]

Answer: Farm cooperative.

Explanation:

A farm cooperative is a type of agricultural business that is owned by farmers who pool their resources together in their farm or livestock production  by performing and adding  various services methods  in terms of packaging, distribution, providing financial and technical services and marketing of their production so as to get better prices and increased sales.

for instance Napa Valley vine owners coming together to include other services so as to get more profit for sale of their produce

7 0
3 years ago
Read 2 more answers
Ryan is self-employed. This year Ryan used his personal auto for several long business trips. Ryan paid $1,500 for gasoline on t
Pie

Answer:

A.$2,250

B.$1,152

Explanation:

A.

$1500 + 3000*[3000/12000]

$1,500 + $750

= $2,250

B.

{[820/12000]*3000} + {[820/1300]*1500}

=$205 +$946

=$1,152

6 0
3 years ago
Which of the following techniques will help the writer of an advertisement
OLga [1]

Answer:

a

Explanation:

3 0
3 years ago
Why do some auto insurance customers want medical coverage for their
velikii [3]

9514 1404 393

Answer:

  C.  To avoid having to pay for hospital bills resulting from an accident they cause

Explanation:

The purpose of any sort of insurance is to limit or eliminate the policy-holder's liability. Medical insurance in an auto policy pays for medical bills the policy-holder might otherwise be liable for as a consequence of an auto accident.

4 0
3 years ago
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