<span>Benefit of direct and digital marketing for buyers is that it is easy, convenient and private.
Direct digital marketing (DDM) uses email, websites and mobile services to connect content with their users. This is a private, direct and easy way for companies to share their information directly with the consumer that it is intended for. This is similar to plan direct marketing mailing their information, just electronically.
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It is an example of Club marketing program. Club marketing program is a marketing program mainly designed for regular and frequent buyers of a company's particular product or those with special interests with the product. Club marketing programs offer members special benefits and create member communities. For example Apples encourages members to form local Apple user groups offering services such as newsletters, advice on technical issues, and training classes which benefits the members.
Answer: 20000
Explanation:
Fixed Operating cost = $500,000
Variable cost = $50 per unit
Selling price = $75 per unit
Break Even Quantity can be calculated as:
Fixed Cost/Unit contribution margin
= 500,000/(75-50)
= 500,000/25
= 20,000
Answer: is a seller that has the ability to control to some degree the price of the product it sells.
Explanation:
A price maker is a firm with the ability to influence the market price of its goods or services.
Features of a price makers
1. They are usually monopolies
2. They have a downward-sloping demand curve
3 The goods they produce do not have perfect substitutes,
Answer:
The amount to be saved at the age of 65 is $1940755.74
Explanation:
To calculate the amount needed at 65 including inflation = 40000 * 1.0336 = 115931.13
Present Value of Growing Annuity = PMT / (r-g) [ 1 - {(1+g)/(1+r)}n ]
= 115931.13 / (0.045 - 0.03) [ 1 - (1.03/1.045)20 ]
= 7728742.2 * 0.2511089
= 1940755.74