Business Practice Makes Perfect by Iman Osama Sabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy Gr12 Q3 Business en-us 2023-03-06 08:08:32 UTC 2023-03-06 08:25:46 UTC hello@padlet.com https://padlet-uploads.storage.googleapis.com/669303794/ae9cb80a80f5888e14e21fd384ce6c3f/Advertising_2.jpg State at least 2 methods of marketing research that can be used either for qualitative and quantitative. what are the pros and cons of each? imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504774521 2023-03-06 08:17:29 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504774521 Referring to your PT product/service, what will be your product/service positioning and how will you attain this position? imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504775104 2023-03-06 08:17:59 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504775104 Can you think of potential challenges in market segmentation and targeting? imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504775484 2023-03-06 08:18:21 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504775484 Qualitative and quantitative researches are 2 methods used for market research. Create a situation that illustrates the difference between both methods. (You can refer to your PT as an example) imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504775971 2023-03-06 08:18:51 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504775971 How can market research help companies understand their target audience better? imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504776958 2023-03-06 08:19:43 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504776958 Can you give an example of how a company can use demographic segmentation to target its market? imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504777458 2023-03-06 08:20:11 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504777458 How does market research inform the development of a new product or service? imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504777952 2023-03-06 08:20:33 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504777952 How can market segmentation and targeting help a company create a unique value proposition for its customers? imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504778610 2023-03-06 08:20:59 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504778610 How does market research help companies understand the competition and stay ahead in the market? imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504778911 2023-03-06 08:21:17 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504778911 In carrying out a market research for a clothing retail store, you gather information about age, height and weight. Which type of research you will be using? imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504779702 2023-03-06 08:22:05 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504779702 How does the use of different channels for promotion, such as advertising, sales promotions, public relations, and direct marketing, impact the overall effectiveness of a marketing campaign? imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504780704 2023-03-06 08:23:08 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504780704 How does the use of intermediaries in indirect distribution impact a company's relationship with its customers? imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504780994 2023-03-06 08:23:25 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504780994 In what ways can a company use pricing to differentiate itself from competitors? (Think of types of pricing strategies) imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504781289 2023-03-06 08:23:42 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504781289 How does indirect distribution differ from direct distribution in terms of cost and control? imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504781600 2023-03-06 08:24:03 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504781600 What role do distribution channels play in a company's overall marketing strategy? imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504781925 2023-03-06 08:24:20 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504781925 Think of some common challenges and limitations that companies face when it comes to promoting their products or services, and how can these challenges be overcome imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504782200 2023-03-06 08:24:36 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504782200 Think of concerns should be considered when determining the pricing strategy for a product or service in a marketing mix? imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504782551 2023-03-06 08:24:55 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504782551 What challenges may be encountered when selling a product at a high price point in a competitive marketplace? imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504782795 2023-03-06 08:25:09 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504782795 Think of the advantages and disadvantages of using event sponsorship as a promotional tool imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504783261 2023-03-06 08:25:28 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504783261 Referring to your Business Performance Task, how will you apply the sales promotion to market for your product/service? imansabry https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504783621 2023-03-06 08:25:46 UTC https://padlet.com/imansabry/cvzwnzdxf8d8lbfy/wish/2504783621