Discussion Questions Essay Example | Topics and Well Written Essays - 500 words - 28

Discussion Questions - Essay ExampleA longer productive backing life means a steady profitability for longer and for all these to be achieved, effective trade of the companys products and services must be carried out.Marketing is d integrity mostly through advertisements and promotions. These deuce services are important to any established argument venture. For these two to succeed, they have to be support by a brand position statement that embodies a factor of production that the firm takes surcharge in. For instance, these may embroil in high spirits quality products, low prices, convenience among other attributes. When choosing a brand stance tool, care must be taken so that it gets straight into the minds of the target audience. Taking pride in quality means that prices should not matter to the customers no matter how high the goods and services are priced, they go forth still access the market. Trying to convince a customer that a product is of a high quality and low pri ce is never achievable. A marketer must thus stay bluff minded and be keen enough to grab an opportunity where others opt not to see any.The meat of setting up any business is to benefit from accrued profits. The strategy for attaining success differs from one business to another. Some concentrate on quality while others concentrate on sales brought in from the products offered. When expanding ones customer base, it is very likely for the business to engage in activities that will lower moolah but in the long run, the business stays viable for longer and promises and steady flow of income from the increase customer size (Kotler 78).While the manager who is interested in profits will be exploiting a limited customer base, the other who believes in expansion will seek to get more. Some of the methods of doing this include price reductions and the provisions of other incentives. Chances are high that these incentives will attract customers from the other business. After a short peri od of time, as the