Many of you would have heard many times the importance to use targeted marketing strategies to link with customers, but then how is it taken care of. Segmenting your customers into age cronies
Have you ever faced a situation where a researcher has not exactly given the results that you require? Have you ever discussed research as what you want precisely and been disappointed to find
Making changes in your business strategies with the change of the market trend is important to stay relevant. Retailers must keep themselves up to date about the products that they sell. Merely knowing
Market penetration can be defined as the strategies or methods that are adopted by an organization or proposed in order to create or penetrate an existing market and establish a stable bottom in
Research and development (R&D) is an important department of every organization in the fields such as marketing, science and technology, biology, economics, business, psychology, medicine, and sociology, etc. Research is important to make
Mass customization can be defined as the ability of a company to deliver modified goods and products to fulfil the needs of individual customers. The customized products are provided at the same price
Price Elasticity of supply can be defined as the responsiveness of the supply of goods when there is a change in the market price of the goods. Let us breakdown this definition. Here
Cost Control is one of the most efficient tools that businesses use to decrease the production cost. In this, important details are provided to the management, so they can know that actual costs
Are you intrigued about the product development process? Does the thought of how a product gets developed in a company always excite you? Then this post is personalized to you. We all know
Variable Pricing can be defined as the pricing strategy to optimize Profit by offering different prices for the same product or service vary based on point of sale, a region of sale, date
The concept of Product Line Extension can be defined as a business strategy where the firm plans to expand its established product brand name with the new range of items in the product
Definition of Macromarketing The concept of Macromarketing can be defined as the marketing policies, strategies, and objectives that have an influence on the society and the economy of the nation as a whole.
Definition of Staple Goods The term staple goods refers to those specific consumer goods that are consumed by the people on a regular basis and thus are bought regularly. These goods that are
Definition Volume Discount can be defined as when the business or the brand gives the financial incentives or advantages in order to motivate the customers or the group of individuals to purchase in
Definition of Fashion Marketing Fashion marketing is that branch of marketing in which the industry deals with advertising campaigns and promotional events of the items of clothing and accessories to the targeted customers.
Definition of Market Access The term market access is used to refer to the fact that how the capability of any company or even a country in terms of how capable they when