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5-3. What one department is almost always represented by a person in the buying center?
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- What is a market sizeIllustrate about how a buying center will play a part to purchase 20 Air Conditioners from a well-known electronic appliance company for its new office branch.Find words which mean the following. 1 a company's sales expressed as a percentage of the total market 2 short-term tactics designed to stimulate stronger sales of a product 3 the situation in which there is only one seller of a product 4 companies offering similar goods or services to the same set of customers 5 a short and easily memorized phrase used in advertising 6 the division of a market into submarkets according to the needs or buying habits of different groups of potential customers 7 a small and specific market segment 8 a factor which makes you superior to competitors in a certain respect 9 a business's total sales revenue 10 a period during which an economy is working below its potential
- 5 - Which of the following is NOT one of the major strategies in the marketing mix? Distribution Competition Price Promotionwhats the common target market groups, their purchasing habits and the ways companies try to attract consumers to buy their product or service.Do you think oraganizational purchases should behave like entrepreneurs. Why or why not
- What are the two primary factors that are difficult to estimate theinitial market size?Which are the economic, social and cultural factors that influences customer's buying process . For Example, while purchasing cloths.what type of buying behavior will be displayed in the followinga) buying a lexusb) buying coca-cola c) buying a designer dress
- FIVE (5) reasons why young consumers are more interested in purchasing products they need (e.g clothing, electronics, accessories) online than from the physical stores.What is meant by High Value Customers ?1. WHAT IS THE MAJOR SPECIFIC PURCHASE THAT YOU MADE RECENTLY? What type of buying decision was it?