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Who is the target market for H&M regarding couponing?
Target Market - Basically target market tells itself that it target the group of age and customers in market.Target market target on the group of peoples by doing survey's and collecting data to know the customers preferences.So that they can make a product on customers demand and earn more profit.
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- (1) If most coupons are never used, why docompanies keep distributing so many? (2) Ifwholesalers and retailers can make money selling amanufacturer’s product, why would the manufacturerneed to offer incentives such as sales contests?In what situations might a producer use agents or commission merchants rather than its own sales offices orbranches?Explain the basic method of segmentation. What sets it different from paging? What does the term "compaction" mean?
- Among the 7P's of marketing, which do you think are the three most appropriate marketing mix in a sari-sari store business, and why?While doing his MBA, Mr. Chintan Bhagat thought of a business idea. He observed that many MBA institutes in India use case method to teach disciplines such as marketing, strategy, and finance. His idea was to develop an online platform for case solutions at a reasonable price to target MBA students. Mr. Bhagat has utilized the consulting services of bright MBA students for online advertising (search and display ads) and SEO. Now, your job is to suggest how would you use the following digital marketing techniques to expand the business of Mr. Bhagat? Justify your answer with suitable assumptions/explanations. a. Mobile marketing (text, voice, display, video) b. Email marketing c. LinkedIn marketingBeall started realizing that the value of her ser-vice was so great to retailers, who told her their sales tripled or quadrupled on days when she vis-ited, that she had no need to pay them for “place-ment.” With this insight in hand, she began to barter for free space at baby expos and trade shows. The event organizer would get more sales, while Clean-BeeBaby would get free marketing to a large group of prospective and targeted customers. She would also trade free cleaning services for mommy blog-ger attention. She observed, “The few times I’ve spent money on marketing, I’ve felt that I’ve not gotten my money’s worth.” In addition to bartering for space, she eradicated what would otherwise be the second largest cost for her company (after labor)—convincing cleaning product manufacturers to sponsor CleanBeeBaby. At different points in time, both BabyGanics and The Honest Company provided free cleaning supplies to Beall; doing so helped them market their own wares.By July 2012, when…
- Explain in broad terms the main steps of the segmentation procedure. The method by which it operates sets it apart from paging. When someone or something is said to be "compacted," what precisely does it mean?When HOM Furniture advertises, it looks for a resulting spike in sales using an extensive database.(a) What are the possible shortmings of this approach and how would you address them?Telephone and direct-mail retailers: have real trouble selling because they only target the really wealthy. have real trouble reaching their target markets, since their customers are so dispersed geographically. can do well with products that would be unprofitable for a local retailer to carry. All of the above are true. None of the above is true.
- Describe in the simplest terms possible how segmentation actually operates. How does it differ from standard paging methods? In other words, what exactly does the term "compaction" mean?Help me answer question d & e. Thank you!1. What are 2 ways in which your company can avoid a disruption created by a regular vendor that cannot deliver a component of a product you make? 2. Describe one advantage and one disadvantage for the Push business model