GENERAL KNOWLEDGE

GK

MARKETING MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Very few if any products can be marketed to both industrial buyers and to final consumers.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -There are four types of products and each is classified based on consumer habits, price, and product characteristics: convenience goods, shopping goods, specialty products, and unsought goods.

Detailed explanation-2: -A consumer is a person who purchases/buys any goods or services for his personal use that is not for further selling them or manufacturing. The consumer pays price for the product or service he purchases.

Detailed explanation-3: -Introduce a loyalty program. Create an email win-back campaign. Email or SMS sign-up coupons. Release new items on a schedule. Build a subscription model. Use mean, median, and mode to your advantage. Perfect the cross-sell and upsell. Start with paid marketing to find your footing. More items •29-Apr-2022

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