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LEcture Notes 7
LEcture Notes 7

... It is personal presentation by the firm’s sales force for the purpose of making sales and building customer relationship. C. Sales Promotion It is short-term incentives, to encourage the purchase or sale of a product or service. D. Public Relations Building good relations with the company’s various ...
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... • The product has more developed marketing than eggs. Emergence of fast food sector has encouraged significant expansion in poultry meat production and marketing • The line requires financial buoyancy hence producers have to hire own sales force,blast freeze and refrigerate / warehouse products and ...
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Chapter 3 The Demand for S & E

... Knockoffs: copies that appear in about two weeks Softlines: items made of fabrics or leather Forecasters: predict trends Merchandisers: plans styles, pricing and amount to be produced Channels of distribution: path a product takes from production to sale Economies of scale: large volume production l ...
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... increases the price, as does additional promotion. The marketing manager must carefully plan each mix element to meet customer needs as well as possible without increasing the cost so much that the customer cannot afford the product. ...
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Bus88Part2
Bus88Part2

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Retail



Retail is the process of selling consumer goods and/or services to customers through multiple channels of distribution to earn a profit. Demand is created through diverse target markets and promotional tactics, satisfying consumers' wants and needs through a lean supply chain. In the 2000s, an increasing amount of retailing is done online using electronic payment and delivery via a courier or postal mail.Retailing includes subordinated services, such as delivery. The term ""retailer"" is also applied where a service provider services the needs of a large number of individuals, such as for the public. Shops may be on residential streets, streets with few or no houses, or in a shopping mall. Shopping streets may be for pedestrians only. Sometimes a shopping street has a partial or full roof to protect customers from precipitation. Online retailing, a type of electronic commerce used for business-to-consumer (B2C) transactions and mail order, are forms of non-shop retailing.Shopping generally refers to the act of buying products. Sometimes this is done to obtain necessities such as food and clothing; sometimes it is done as a recreational activity. Recreational shopping often involves window shopping (just looking, not buying) and browsing and does not always result in a purchase.
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