Question: **PLEASE USE THIS FORMAT GIVEN AND PROVIDE CONCISE SHORT ANSWERS: (MARKETING 480 QUESTION) ** 1. For each of the Strategies for Growing Marketing Profits PROVIDED
**PLEASE USE THIS FORMAT GIVEN AND PROVIDE CONCISE SHORT ANSWERS: (MARKETING 480 QUESTION) **
1. For each of the Strategies for Growing Marketing Profits PROVIDED BELOW
- Provide an example how each of the six strategies can be used to grow net marketing contribution (NMC). Also for each of these six strategies, please discuss how implementing the strategies you suggest could affect the rest of the NMC equation.
Strategy1- Strategies to Grow Market Demand:
How implementing it could affect the rest of NMC equation:
Strategy 2- Strategies to Grow Market Share:
How implementing it could affect the rest of NMC equation:
Strategy 3- Strategies to Increase Average Selling Price:
How implementing it could affect the rest of NMC equation:
Strategy 4- Strategies to Lower Channel Costs:
How implementing it could affect the rest of NMC equation:
strategy 5- Strategies to Increase Profit Margin:
How implementing it could affect the rest of NMC equation:
Strategy 6- Strategies to Improve Marketing Efficiency:
How implementing it could affect the rest of NMC equation:
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2- How do marketing metrics differ from internal metrics?
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