Question: 2. Complete the written requirements below. When asked to provide a description or an example, be sure to provide sufficient detail to show that you
2. Complete the written requirements below. When asked to provide a description or an example, be sure to provide sufficient detail to show that you understand the concept. Use proper grammar and do not copy the text.
a. Pick two pricing strategies described in the text and describe one real-life example for each pricing strategy. Be sure to explain why your real-life examples relate to the pricing strategies you chose.
b. For each of the three elements that go into promoting a product (advertising, personal selling, and publicity), describe one real-life example for each element that is not from the book. Be sure to explain why your real-life examples relate to each of the promotion strategies.
c. What products have you purchased lately and what kind of promotion influenced your decision? Provide at least two examples. (Remember, products can be goods or services.) Explain whether you were influenced by advertising, personal selling, sales promotions, or something else. Which form of promotion influenced you the most; that is, which form of promotion was most effective in your opinion? Explain why the promotion you chose was most effective.
Note : This question is from Introduction to Business subject. Ans this part is from chapter 10 - "Marketing".
2. Complete the written requirements below. When asked to provide a description or an example, be sure to provide sufficient detail to show that you understand the concept. Use proper grammar and do not copy the text. a. Pick two pricing strategies described in the text and describe one real-life example for each pricing strategy. Be sure to explain why your real-life examples relate to the pricing strategies you chose. b. For each of the three elements that go into promoting a product (advertising, personal selling, and publicity), describe one real-life example for each element that is not from the book. Be sure to explain why your real-life examples relate to each of the promotion strategies. c. What products have you purchased lately and what kind of promotion influenced your decision? Provide at least two examples. (Remember, products can be goods or services.) Explain whether you were influenced by advertising, personal selling, sales promotions, or something else. Which form of promotion influenced you the most; that is, which form of promotion was most effective in your opinion? Explain why the promotion you chose was most effectiveStep by Step Solution
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