Product Concept Development and Evaluation
When a product idea is revolutionary, the concept itself must be tested. For example, people talk about ‘battery-driven cars’ to...
Business
When a product idea is revolutionary, the concept itself must be tested. For example, people talk about ‘battery-driven cars’ to...
As you must have realized by now, it is crucial to have a strategy for developing new products. Many products...
Product Life Cycle - Most products have a limited profitable life. This unit will give you a complete picture of...
The following are some of the functions of retailers in the marketing of goods: Estimate the probable demands of the...
Retailing includes all the marketing activities done by traders to satiate the consumers’ demands while making profits. It involves selling...
Merchants Wholesalers Independently owned businesses that take title to the merchandise they handled. In different trades, they are called different...
Let us eliminate the middlemen in marketing because middlemen make all the “profits”, are cries that have been echoed by...
Producers/manufacturers must decide on the best way to store, handle and move their products and services so they can be...
Below is the importance of channels of distribution and the procedures for selecting an appropriate channel: The Importance of Channels...
Marketing channels are described by the levels involved. Each layer of middlemen that performs some work in bringing the product...
Placing goods and services where they are required and when they are wanted is the area of concern of this...
The higher the demand for the final item, the higher the need for industrial goods, and vice versa. The demand...
Generally, products are of two types: consumer products and industrial products. Consumer Products Consumer goods are those used by ultimate...
Businesses are set up to produce. These products are sold to members of society for money. Goods consist of items...
In order to ensure the success of an enterprise, the management must take a careful look at the marketing environment....
Google My Business is a free tool provided by Google that can help businesses to manage their online presence on...
In the marketing environment, the economy and businesses of a country are affected by things that happen throughout the world....
Marketing functions are namely merchandising function, physical distribution, and auxiliary function. Merchandising Function Product Planning and Development Product planning begins...
Marketing develops as a society as its economic activities develop. Over the years, the economy has transitioned from one based...
Relationship marketing is a process of creating, maintaining, and enhancing strong value-laden relationships with customers and other stockholders. Markets A...
The following are the basic concepts underlying marketing; Needs The most basic concept underlying marketing is that of human needs....
The marketing process matches the firm’s offer and the customer’s need in such a way that both benefit one in...
Influencer marketing platforms provide assistance to make managing and collaborating with influencers easier for agencies and companies. A software program...
Mix marketing - Experts developed the concept of the marketing mix to address the aforementioned problem, but depending on how...
The process of captivating and enticing your target audience to the point where they want to provide you with their...
The network marketing business model relies on the sale of a good or service from person to person. It entails...
Content marketing doesn't advertise things or even your brand, in contrary to traditional marketing. The purpose of content marketing is...