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ANEK [815]
3 years ago
8

Find three examples of each tool in the promotional mix. Answer these questions: 1.What is the purpose of the promotional tool?

Is it to inform, remind, or persuade? Provide reasons for your answer. 2.Does the tool address a mass audience or a customized audience? 3.Consider the product’s complexity. How well does the promotional tool address the needs of consumers and convince them to buy the product? 4.What is the target audience of the promotional tool? Explain what clues about the promotional tool helped you answer this question. 5.In your opinion, where is the product/service in the product life cycle? Explain your belief.
Business
1 answer:
pickupchik [31]3 years ago
8 0

Answer:

Three products advertised on radio are washing detergent, an energy drink, and cold cream.

The purpose of the promotional tool is to inform and persuade customers to buy the products. It addresses a mass audience. These products are simple. They address the needs of consumers and convince them to purchase the product. The target audience for these products is the general public. These products are in the growth stage.

Three products advertised in print media are a TV set, houses for sale, and branded footwear.

The purpose of the promotional tool is to remind the customers to buy the products. It addresses a mass audience. These products have medium level of complexity. They address the needs of consumers and convince them to purchase the product. The target audience for these products is the general public. These products are in the maturity stage.

Three PR initiatives are buying children’s diapers and contributing a certain portion of the price toward child education, supermarkets being promoted by the sheer name of a conglomerate brand, and a parent company’s name used to launch new cell phones.

The purpose of the promotional tool is to inform and persuade customers to buy the products. It addresses a mass audience. These products have medium level of complexity. They address the needs of consumers and convince them to purchase the product. The target audience for these products is the general public. These products are in the introductory stage.

Three personal selling programs include selling insurance policies, copiers, and mutual fund plans.

The purpose of the promotional tool is to inform and persuade customers to buy the products. It addresses a customized set of audience. These products are complex. They address the needs of consumers and convince them to purchase the product. Working individuals are the target audience for these products. These products are in the introductory stage.

Three sales promotion programs include selling footwear, clothes, and ice cream.

The purpose of the promotional tool is to remind and persuade customers to buy the products. It addresses a mass audience. These products are simple. They address the need of consumers and convince them to purchase the product. The target audience for these products is the general public. These products are in the maturity stage.

Three direct marketing programs include selling insurance policies, mutual fund plans, and automobiles.

The purpose of the promotional tool is to inform and persuade customers to buy the products. It addresses a customized set of audience. These products are complex. They address the needs of consumers and convince them to purchase the product. Working individuals are the target audience for these products. These products are in the growth stage.

Explanation:

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Forrester Company is considering buying new equipment that would increase monthly fixed costs from $276,000 to $544,500 and woul
REY [17]

Answer:

The correct answer is E.

Explanation:

Giving the following information:

Forrester Company is considering buying new equipment that would increase monthly fixed costs from $276,000 to $544,500 and would decrease the current variable costs of $60 by $15 per unit. The selling price of $100 is not expected to change.

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 544,500/ [(100-45)/100]

Break-even point (dollars)= $990,000

6 0
3 years ago
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Jane currently has $5,000 in her savings account and $2,000 in her checking account at the local bank. Instructions: Use a posit
diamong [38]

Answer:

Change in M1 $400

Changd in M2 $0

Explanation:

The money which is been held by individuals in savings accounts is part of the M2 money supply, but its not part ofthe M1 money supply.

Hence when Jane withdraws $400 cash from her savings account,the M1 money supply will increases by $400. However, the M2 money supply does not tend to change reason been that the M1 money supply is included as part of the M2 money

Change in M1 $400

Changd in M2 $0

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3 years ago
GDP, or Gross Domestic Product is (most precisely) defiend as Your answer: value of all final goods and services produced for th
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3 years ago
surfshack corp. buys surfboards, wetsuits, and surf wax from rip to shreds, inc. for sale to consumers. what type of company is
viva [34]

Buys surfboards, wetsuits, and surf wax from rip to shreds, inc. for sale to consumers. The type of company is surf shack corp is a retail merchandiser.

Merchandising is any practice that contributes to the sale of products to retail consumers. At the retail level, merchandising refers to the presentation of products that are sold in creative ways that induce customers to purchase more items or products.

Retail store clerks are responsible for ensuring that appropriate quantities of merchandise are available in stores and sold at appropriate prices. Clever planning, careful purchases, and smart advertising campaigns can increase your profits.

Merchandisers keep merchandise on retail shelves and present it appropriately to customers. They also track inventory levels, report problems and shortages to management, and clean up unwanted items for blatant violations of store decor.

Learn more about retail merchandiser brainly.com/question/7145120

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6 0
1 year ago
What information do you believe is needed in order to create a budget?
Sholpan [36]

Answer:

How to create a budget?

How to create a budget

Calculate your net income

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Determine average monthly costs for each expense

Make adjustments

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