ENTREPRENEURIAL OPPORTUNITIES
IDENTIFYING AND EVALUATING BUSINESS OPPORTUNITIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Using sales promotion
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Offering warranties or guarantees
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Choosing distribution channels
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Extending credit to customers
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Detailed explanation-1: -Before choosing digital marketing channels for your business, you must understand your primary objectives, audience, competitors, and budget. Different channels will give you different results. Your goals should guide your choices.
Detailed explanation-2: -A distribution channel is the network of individuals and organizations involved in getting a product or service from the producer to the customer. Distribution channels are also known as marketing channels or marketing distribution channels.
Detailed explanation-3: -Wholesaler. Goods are distributed from manufacturers to wholesalers in this channel. Retailer. Goods are distributed from manufacturer or wholesaler to retailers. Distributor. This channel moves goods from the source or manufacturer to an authorized distributor. Ecommerce. 19-Jul-2022