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tensa zangetsu [6.8K]
3 years ago
8

When marketing managers attempt to identify "Key Success Factors" they typically are engaged in the _________________ component

of the strategic marketing planning process.
Business
1 answer:
spin [16.1K]3 years ago
7 0

Answer:

The correct answer is letter "D": Industry analysis.

Explanation:

The strategic marketing planning process represents the set of steps companies take to advertise their products. The process could take five (5) steps which are <em>planning the firm's mission, goals, and objectives; analyze the industry positioning; establishing marketing tactics; conducting the process; </em>and<em>, monitoring. </em>

By analyzing the industry position, organizations conduct a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis to find out the "Key Success Factors" and determine the inner and outer companies factors that could affect its performance.

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You want to re-engage with people from your CRM database that bought something from your website in the past six months. Which a
kirill115 [55]

Answer:

Answer is Option A: Affinity

Explanation:

If one wants to search for the audience that aligns with their product, one must choose the affinity method. With this method, large amount of data can be gathered and organised into groups based on the criteria. It picks people's preferences based on online browsing and then organizes them based on their interests. Similar interests people will be grouped together and they are presented the data they are interested in. This method is also called “Space Saturate and Group”.

So, if one wants to re-engage with people from the database who bought something from the website in the past 6 months, affinity method will be used.

7 0
3 years ago
I will mark you as brainliest !!
jonny [76]

Answer:

400,000

Explanation:

7% of what number = 28,000

(0.07)(X) = 28,000

X = 400,000

(which is less than 700,000. But that makes sense because not everyone living in Michael's city is necessarily part of the labor force. Some could be kids in school, others grandparents who have retired, others people who stay at home and don't work.)

4 0
3 years ago
Read 2 more answers
What are the implications of price wars for a company?
Elanso [62]

Implications led to more sales of the products, they are being sold for less money per product, which might potentially result in shorter-term profits.

<h3>What is the meaning of price wars ?</h3>

A price war is a conflict between rival businesses that lower the prices of their goods in an effort to strategically undercut one another and get a larger market share. A price war may be implemented as a longer-term strategy or as a short-term tactic to boost sales.

In a Price Conflict Five Techniques That Might Work:

  1. To understand why you are engaged in this price war, do some study.
  2. Without reducing the price, add value to the good or service.
  3. If you can't further reduce your rates in the price war, advertise.
  4. Find a different strategy to differentiate out from the competition than price.
  5. Think about your brand.

Learn more about the price war:

brainly.com/question/12995874

#SPJ1

3 0
2 years ago
Describe why most countries are described as having a mixed economy​
Tamiku [17]

Explanation:

A mixed economic system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims.

8 0
3 years ago
A city block has several different clothing stores that offer a variety of options
pickupchik [31]

Answer:

C. Monopolistic competition

Explanation:

Monopolistic competition describes a type of market structure with many firms competing, but each sells a slightly different product. In this case, there are several stores offering a variety of products to customers. This implies competition among sellers and differentiated products. Other features that identify a monopolistic competition include

  1. A large number of buyers and sellers:
  2. There are no restrictions to entry and exit of Firms:
  3. sellers have differentiated Products
  4. Each firm can set its price.
5 0
3 years ago
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