Question: Why is it important for marketers to consider 'Demographic environment'? Explain with relevant local examples how 'Economic environment' effects marketing strategy

Why is it important for marketers to consider 'Demographic environment'? Explain with relevant local examples how 'Economic environment' effects marketing strategy

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Marketing Questions!

ASSIGNMENT BRIEF The assessment evaluates students' understanding of marketing environments of a business and their influences on marketing decisions as well as their proficiency in applying these...

Context: Market development - Find an existing product OR service that is successful in a foreign country, which is NOT currently available in Canada. - Your task would be to introduce this...

Using the information from Module 3 ( Chapter 3 of the prescribed book ) , research the macro environment of your product. This should cover: Demographic Economic Natural Technological Political...

i have the clear pictures but when i upload it like this In your own words explain: 1. Which of the two types of research you considered is most effective? Give reasons why. 2. Why in your opinion is...

Business Sustainability Values: [Consider how your Business operates in the sustainable, social and economic environment. How will you incorporate this stance into your marketing strategy?] The...

slide 17 i have uploaded 4. Pick any type of good or service of any company and do a quick Vrio Analysis as shown is Slide 17. 5. Explain what is an offensive and a defensive marketing strategy and...

Create a marketing plan for the coronation bakery gratto bread. The product must be marketed internationally, clearly stating the market in which it will be entering by following the guide provided...

J. of the Acad. Mark. Sci. (2011) 39:158-174 DOI 10.1007/s11747-010-0227-0 Green marketing strategies: an examination of stakeholders and the opportunities they present J. Joseph Cronin, Jr & Jeffery...

J. of the Acad. Mark. Sci. (2013) 41:389-399 DOI 10.1007/s11747-013-0331-z CONCEPTUAL/THEORETICAL PAPER Elevating marketing: marketing is dead! Long live marketing! Frederick E. Webster Jr. & Robert...

Integrated Marketing Communications Plan DELL CASE STUDY Introduction Integrated Marketing communications report has been executed over the topic Marketing communication which is an important aspect...

where do you see your self in 5 years from now ( Major is Supply chain Analytics) write 4 lines

Write a program that simulates coin tossing. The probability of heads in your coin toss experiment is p, where p is equal to the sum of the last 4 digits of your RUID divided by 36. Generate a figure...

Which situation below demonstrates the orientation stage on mutual self - disclosure? Select an anvwer and tubmit. For keyboand nuvigation, ute the up / down anow heyn to select an anteve. teling...

SIMAD UNIVERSITY Class: BACC25 Subject: Islamic Accounting Instructions: a) Follow The Instructions. Midterm Exam Instructor: All Ibrahim Date: 6-4-2022 b) You Have 1.5 Hrs. To Complete This Test. c)...

What are three ways that visual aids complement your business reports? (Objective 1)

Construct a graph that shows Student Housing at Be Smart University for 2007. This graph is for an oral presentation and will not need a figure number but will need a title. Follow traditional style...

Technology.Teamwork. Individually or as a group, develop a proposal on one of the following topics. The proposal is to be sent to the appropriate administrator at your college. (Objectives 1 and 3)...