what is the difirence between traditional marketing and contemporary maeketing?
1. what is the difirence between traditional marketing and contemporary maeketing?
Answer:
Contemporary Marketing refers to theories that stress the importance of customer orientation versus the traditional market orientation. They are strategies that, when implemented, offer greater support for their client base with a product range that varies depending on what the target market desires.
2. 1. Why markeling nix is very important to development of marketing strategy?
Answer:
The mix helps in determining which marketing strategy is right for your organization. It is the first step before you even create your business or marketing plan. The reason is that your marketing mix decisions also have an impact on your positioning, targeting, and segmentation decisions.
3. how important is competitive comparison in targeting markets?explain the important of the targeting to the marker,
Answer:
It helps you gauge how to curb competitors and refine your strategy. Conducting a competitive analysis is important because you'll build: An understanding of how your existing and potential customers rate the competition. A mechanism to develop effective competitive strategies in your target market.
4. describe traditional and contemporary approaches to marketi perform marketing approach comparison using a single produ display pragmatic attitude towards marketing Before we start, you need to be familiar with the following words. Activity 1: Words to Ponder Direction: Look for the definition of the following words and write it on the space provided. DEFINITION WORD Production Concept Product Concept Selling Concept Relationship Marketing Industrial Marketing Social Marketing
Answer:
The Production Concept. This concept is the oldest of the concepts in business. It holds that consumers will prefer products that are widely available and inexpensive. Managers focusing on this concept concentrate on achieving high production efficiency, low costs, and mass distribution. They assume that consumers are primarily interested in product availability and low prices. This orientation makes sense in developing countries, where consumers are more interested in obtaining the product than in its features.
The Product Concept. This orientation holds that consumers will favor those products that offer the most quality, performance, or innovative features. Managers focusing on this concept concentrate on making superior products and improving them over time. They assume that buyers admire well-made products and can appraise quality and performance. However, these managers are sometimes caught up in a love affair with their product and do not realize what the market needs. Management might commit the “better-mousetrap” fallacy, believing that a better mousetrap will lead people to beat a path to its door.
The Selling Concept. This is another common business orientation. It holds that consumers and businesses, if left alone, will ordinarily not buy enough of the selling company’s products. The organization must, therefore, undertake an aggressive selling and promotion effort. This concept assumes that consumers typically sho9w buyi8ng inertia or resistance and must be coaxed into buying. It also assumes that the company has a whole battery of effective selling and promotional tools to stimulate more buying. Most firms practice the selling concept when they have overcapacity. Their aim is to sell what they make rather than make what the market wants.
The Marketing Concept. This is a business philosophy that challenges the above three business orientations. Its central tenets crystallized in the 1950s. It holds that the key to achieving its organizational goals (goals of the selling company) consists of the company being more effective than competitors in creating, delivering, and communicating customer value to its selected target customers. The marketing concept rests on four pillars: target market, customer needs, integrated marketing and profitability.
The Societal Marketing Concept. This concept holds that the organization’s task is to determine the needs, wants, and interests of target markets and to deliver the desired satisfactions more effectively and efficiently than competitors (this is the original Marketing Concept). Additionally, it holds that this all must be done in a way that preserves or enhances the consumer’s and the society’s well-being.
5. What marketing tool is essential as a marker for use on materials? A) Pencil C) tracing wheel B) tailors chalk D) wax chalk
Answer:
b) tailors chalk
Explanation:
6. Who are your potential market,target market, available market and/or penetrated market?Fashion Business
Answer:
Qualified available market - those in the available market who legally are permitted to buy the product. Target market - the segment of the qualified available market that the firm has decided to serve (the served market). Penetrated market - those in the target market who have purchased the product.
Explanation:
Pa brainliest answer po please
#CARRY ON LEARNING7. Ano ang kaugnayan ng factor markert at product market sa sambahayan at Bahay-kalakal
Answer: Ang ekonomiya ay may isang mahusay na tinukoy na paikot na daloy na sumasalamin sa paggawa ng mga kalakal at ang pagbabayad para sa kanila ng mga sambahayan at negosyo
8. It refers to the description of the target market, market size, competition, market share and market trends.
Answer:
market is the answerExplanation:
sana makabubuti
9. Direction: Fill in the blanks with the correct answers. Choose your answer from the box below.MarketingOnline MarketingSurveyQualityMarket selling1. The use of of orchard trees/seedlings is the fastest way to market productsnowadays.2.Conductto find the needs of the community. Whatfruits are in demand?3.Prepare and distribute pamphlet, flyers, and brochures-containing information about theof products.4.also known as internet marketing, is amarketing strategy that uses the internet, web, andemail to introduce product directly to the customers5. Marketing isis one of the most challenging activities in orchard gardening6. is the process of buying and selling of farm product from the producers tothe costumers is called sales,
Answer:
1.QUALITY
2.SURVEY
3.MARKET SELLING
4.ONLINE MARKETING
5.SURVEY
6.MARKETING
Explanation:
sana po makatulong correct me po if im wrong
10. suriin ang larawan at tukuyin ang bansa ang sinasagisag ng mga ito not been sa loob ng kahon ang uri ng sistema pang ekonomiya mayroon ang bawat bansaanswer1market economy2market economy3market economy4command economy
Answer:
san yung picture?
Explanation:
walang picture
11. Is a form of marketing develop from direct response of marketing campaignDIrect A marketing B Social marketing C Re lationship marketing D Word of mouth marketing
Answer:
its okay your work have a relationship but you always matured that marketing
Explanation:
That my answer
12. Ano ang kaugnayan ng factor markert at product market sa Sambahayan atBahay Kalakal?.
Answer:
Ang ekonomiya ay may isang mahusay na tinukoy na paikot na daloy na sumasalamin sa paggawa ng mga kalakal at ang pagbabayad para sa kanila ng mga sambahayan at negosyo
Explanation:
hope it's help
13. it is also known as cloud marketing? a.transactional marketing b.free sample marketing strategy c.personalized marketing d.transactional marketing
Answer:
B. Free sample marketing strategy
Explanation:
Sana Naka tulong
14. DIrect marketing Social marketing Relationship marketing Word of mouth marketing A finance B administration C management D marketing
Answer:
D. marketing
Explanation:
hope it helps.
15. Draw at least 5 of your favorite fruits. Inside the drawing write if it is indemand in the market or not in demand.example:than nomine ich rart markerin demand
Answer:
apple strawberries and juice
16. Ano ang meaning ng free market , tradisyonal market ,command market at mixed market?
Traditional Economy
Ang traditional economy ay ang pinakapayak at pinakamatandang sistema sa apat na uri. Ang sistema na ito ay nakabatay sa paglikha ng produkto at serbisyo na sumusunod sa naaakmang panahon. Madalas ang sistema na ito ay makikita sa mga rural na lugar kung saan ang agrikultura ang pangunahing kabuhayan.
Market EconomyAng market economy ay kumikilos sa konsepto ng malayang pamilihan o free market. Ang pamahalaan ay hindi nakikialam sa ekonomiya. Ang pamahalaan ay may maliit na kontrol lamang sa mga pinagkukunang yaman at hindi nakikiaalam sa mga mahalagang bahagi ng produksyon. Ang regulasyon ng pamilihan ay nagmumula sa mga mamimili at sa epekto ng paggalaw ng supply at demand.
Command Economy
Sa isang command economy, malaking bahagi ng ekonomiya ay kontrolado ng isang sentralisadong gobyerno. Dahil sentro ang pamahalaan ng sistema na ito, ang pamahalaan ay bahagi ng pagpaplano hanggang sa pamamahagi ng mga pinagkukunang yaman. Ang command economy ay may kakayahan na lumikha ng maayos na supply ng mga pinagkukunang yaman at nakakatulong din ito para mabigyan ang mga mamamayan ng mababang presyo ng bilihin. Madalas ay kontrolado ng gobyerno ang mga mahahalagang industriya sa bansa tulad ng tubig, kuryente, paliparan, daungan at mga riles. Ang mga mamamayan ay may kontrol sa mga hindi gaanong importanteng sektor ng ekonomiya tulad ng agrikultura.
Mixed EconomyPinagsasama sa mixed economy ang mga katangian na taglay ng command economy at market economy. Sa mixed economy pinagsasama ang mga magagandang aspeto ng command economy at market economy. Ang suliranin na kinahaharap ng sistema na ito ay ang pagbalanse sa impluwensya ng malayang pamilihan at kontrol ng pamahalaan.
source: our fellow brainly geniuses
17. Business example with potential market, target market, available market and penetrated market
Answer:
ano po yan akin nalang points
Potential market - those in the total population who have interest in acquiring the product. ... Target market - the segment of the qualified available market that the firm has decided to serve (the served market). Penetrated market - those in the target market who have purchased the product.
For example, a business that makes baby products and markets them to parents could identify potential markets such as:
•Toddler products marketed to parents of older children.
•Baby products marketed to grandparents.
•Toddler products marketed to grandparents.
•Baby and toddler products marketed to childcare providers.
18. Before we start the next lesson, let us recall the types of market structures and give their characteristics. Tyncs of Marker Structures Characteristics Characteristics Characteristics Characteristics
Answer:
The social architecture, age, maturity, and size of an organization.
19. describe export marketing, domestic marketing, international marketing and multinational marketing
Answer:
export marketing
Explanation:
exporting is defined as the sale of products and services in foreign countries. hope it helps
20. List down (5) Examples of:•Person Marketing•Place Marketing•Cause Marketing•Event Marketing•Organization Marketing
Answer:
1.Marketing activity aimed at creating target market awareness, and a favourable opinion, of a particular person.
2.Place marketing is a kind of marketing strategy to do business in a particular place. Taking it as a strategy marketers use its local attractions, cultures, business opportunities, economic and political power to attract people from different places of the world and invest their money in the business at that place.
3.Cause Marketing is defined as a type of Corporate Social Responsibility (CSR) in which a company's promotional campaign has the dual purpose of increasing profitability while bettering society. Or, more colloquially: cause marketing occurs when a company does well by doing good.
4.Event marketing is the experiential marketing of a brand, service, or product through memorable experiences or promotional events. It typically involves direct interaction with a brand's representatives. It should not be confused with event management, which is a process of organizing, promoting and conducting events.
5.Organizational marketing can be defined as business to business marketing or B2B marketing. It means that the targeted customer of any organization would also be an organization rather than an individual. In simple words, it is important for the seller and the buyer to be an organization for marketing.
21. Provide an example of real product advertisement for each marketing approach.Digital marketing -Social media marketing - E-marketing - Online marketing - Outdoor promotion - Mobile promotion - Telemarketing - Events marketing - Sachet marketing
Answer:
I know you can answer that
22. In your own personal understanding what is 1.prestige pricing 2.market skimming pricing 3market penetration pricing 4.product bundling pricing 5.Discriminatory pricing
Answer:
1.A pricing strategy in which prices are set at a high level, recognising that lower prices will inhibit sales rather than encourage them and that buyers will associate a high price for the product with superior quality; also called Image Pricing.
2.A pricing approach in which the producer sets a high introductory price to attract buyers with a strong desire for the product and the resources to buy it, and then gradually reduces the price to attract the next and subsequent layers of the market.
3.Penetration pricing is a marketing strategy used by businesses to attract customers to a new product or service by offering a lower price during its initial offering. ... Market penetration pricing relies on the strategy of using low prices initially to make a wide number of customers aware of a new product
4.Price bundling, also product bundle pricing, is a strategy that retailers use to sell lots of items at higher margins while providing consumers a discount at the same time.
5.Many industries, such as the airline industry, the arts and entertainment industry, and the pharmaceutical industry, use price discrimination strategies. Examples of price discrimination include issuing coupons, applying specific discounts (e.g., age discounts), and creating loyalty programs.
Explanation:
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#CarryOnLearning
23. evey saturday,mother and claire go to the market on each bmarketing day they spend 3 hours including the travel time what fraction of the day is used in marketing every saturday? express your answer in lowest term
3/24=3 is the number of hours that is spend and 24 hours is equal to 1 day.=3/24 to the lowest term=1/8
24. what marker form eggs can be seen ang bouht in the wet market?
Answer:
Hope it helps
Explanation:
pa brainliest po
25. Marketing “one to one” is characteristic of the following marketing approaches:a. Mass Marketing b. Concentrated Marketing c. Differentiated Marketing
The answer is B. Concentrated Marketing.
Concentrated marketing, also known as niche marketing or micromarketing, is a strategy where a business targets a specific, well-defined segment of the market rather than trying to appeal to a mass audience. This approach typically involves a more personalized or customized approach to marketing, such as "one to one" marketing, which is tailored to the specific needs and preferences of individual customers. This approach can be more effective for smaller businesses that don't have the resources to compete in a broader market.
- Servion
Answer:
b. Concentrated Marketing
Explanation:
The concept of marketing has undergone numerous transformations over the years, as well as most of the concepts we have today, it has been changing and transforming itself so that it can finally meet the demands effectively and necessary for that work to be successfully concluded.
Initially, marketing was aimed at the broad masses, as the main objective was to get as many customers as possible for that advertising product. But one-to-one marketing is focused on the relationship with only one customer, that is, it focuses on winning that customer.
26. Stock markets, bond markets, commodity markets, and currency markets are all examples of financial markets. * a. True b. False
Answer:A. True
I hope na makatulong ako sa'yo!
Answer:
True
Explanation:
try to search example of financial markets, makikita mo dun yang stock markets, bond markets, commodity markets, and currency markets.
27. 3. It is also known as cloud marketing.b. Word of Mouth Marketinga. Transactional MarketingC.Internet MarketingD.Word of Mouth Marketing
Answer:
C
Explanation:
Answer: C
Digital marketing or Internet Marketing is the component of marketing that utilizes internet and online based digital technologies such as desktop computers, mobile phones and other digital media and platforms to promote products and services.
28. The following are types of market except: A. Financial Market B. Money Market C. Capital Market D. Black Market
Answer:
B. Money Market is the correct answer :)
29. Let's do business Name the target marker The following are products that are sold Identify the target market Target market captured Designs/Modifications Product market for a target market Notebooks Cellphones T-shirts with pictures of teen-star love teams Rubber shoes Vitamins Toy cars GelENTREPRENEURSHIP
Answer:
Business Name: Teen Star Fashion
Target Market: Teens aged 12-18 who are fans of popular teen celebrity couples.
Products:
- Notebooks with pictures of teen-star love teams
- T-shirts with pictures of teen-star love teams
- Rubber shoes with designs inspired by teen celebrities
- Vitamins geared towards the health and wellness of teens
- Toy cars featuring teen celebrity car designs
- Gel for styling hair inspired by teen celebrity hairstyles
Target Market Captured: Teen Star Fashion targets teens who are fans of the latest teen celebrity couples. These teens are likely to follow the latest fashion trends and are influenced by the style and personalities of their favorite celebrity couples.
Designs/Modifications: The products are designed with logos and designs inspired by the teen celebrity couples. The designs are colorful, bold, and eye-catching, perfect for catching the attention of the target market.
Product Market for a Target Market: Teen Star Fashion offers trendy products that cater to the unique taste and preferences of the target market. The products are marketed towards teens who want to express their fandom and stay up to date with the latest fashion trends. By offering products that appeal to this specific demographic, Teen Star Fashion has created a product market for the target market.
30. did the blue car move? what is your frame of rafarence?
Answer:
Simply put, when you are standing on the ground, that is your frame of reference. Anything that you see, watch, or measure will be compared to the reference point of the ground. If you are standing at the back of a moving truck, the truck is now your frame of reference, and everything will be measured, compared to it.
