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When would extension strategies be used by a business?
(A) A business is selling a newly designed computer. What pricing policy would you recommend? Give a reason for your choice?
(B) How can a business gain more profit by direct selling?
(C) Why is the marketing mix important for the sale of goods / services?
(D) Direct selling / marketing is becoming increasingly popular. Identify 4 ways in which a business can sell direct to the consumer.
3 Answers
- ?Lv 77 years agoFavorite Answer
A) Standard WHOLESALE MARKUP - You can find this state by state online.
B) By selling at RETAIL PRICES. Depending on method some logistics etc can be reduced or even eliminated and other costs can be avoided or reduced.
C) Customer demographics, target marketing and 10 to 2 marketing.
D) ONLINE / Store / Telesales / Advertising.
- GregLv 57 years ago
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