Question: Olivia worked in a shoe store part-time while going to school and studying general business for the past few years. Unfortunately, she was laid off
Olivia worked in a shoe store part-time while going to school and studying general business for the past few years. Unfortunately, she was laid off from her job during the pandemic, but she has recently gone back to work and now that she has finished school, she is picking up extra shifts to save money.
While Olivia enjoys working in a clothing store, her real passion is shoes. So, she is planning to open her own shoe store where she lives, in Kitchener, Ontario, about an hour west of Toronto. Olivia's dream is to sell all kinds of shoes, particularly those of high quality and made of natural or recycled materials. While Olivia did learn some general business concepts while at school, she realizes she needs help with the details of her store and what and how she should offer her customers and prospects for her business to be successful.
So, Olivia has just hired you as her marketing consultant and she wants your help in answering the following questions:
- Products, Services, and Branding
In developing the new brand, Olivia is asking some basic brand questions that she would like you to answer.
Identify and explain two key differences in selling and branding products vs. services. How do these differences affect marketing efforts?
What would be a good name for Olivia's new shoe store and why? Write an effective tag line she could use.
Define "cross-promotion" and provide two reasons why a marketer would choose this tactic.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
