Randy owns a shoe company and recently retooled his company's marketing mix strategy. His new target market is wealthy, craftsman-quality-seeking younger individuals. He has hired more craftsmen in his factory, purchased premium materials to construct high-quality shoes and will distribute the shoes through Nordstroms, Zappos, and his own website. Shoe prices now begin at $500 and up. What promotion strategy would support the rest of his marketing mix decisions?

Answers

Answer 1

The promotion strategy should use is direct marketing.

Direct Marketing is simply known as a type of marketing that is often aim directly to a person. By communicating your product with a narrow group of potential customers, one can promote their offerings through telephone marketing, snail mail, email, or catalogs and brochures.

Thougn a lot of offers are available through junk mail and telemarketers, direct marketing still very important.

It gives a producer or companies a predictable and cost-effective way of reaching their target markets.

Conclusively, the use of popular promotional tactic of deploying email messages to people who have interacted with a service is still very good method to use.

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Related Questions

When making a decision, you decide that the expected benefits of your choice outweigh the expected benefits of all other options. This describes the _________________ of your decision.

Answers

Answer:

The right solution will be "trade-offs".

Explanation:

An exploration of trade-offs is a way of choosing between opposing alternatives. Even though unofficial market experiments are often conducted essentially by logically evaluating options and making an informed decision, systematic trade experiments become beneficial in refining and reasserting opinions as well as eliminating prejudice from the course of action.

Answer:

trade offs

Explanation:

An exploration of trade-offs is a way of choosing between opposing alternatives.

Even though unofficial market experiments are often conducted essentially by logically evaluating options and making an informed decision, systematic trade experiments become beneficial in refining and reasserting opinions as well as eliminating prejudice from the course of action.

Which best describes the purpose of recording past income and spending in a budget?
O to know the historic cost of goods
O to serve as the basis for future planning
O to learn why having savings is important
O to learn why expenditures are likely to increase

Answers

Answer:

to serve as the basis for future planning

Explanation:

There are a lot of uses for budget. The option that best describes the purpose of recording past income and spending in a budget is that to serve as the basis for future planning.

What Is a Budget?

A budget is is known to be an estimate of revenue and expenses that would be used in a specific future time.

It is known to be compiled and thoroughly reevaluated on interval basis. Budgets are known to be made by people, a group of people, a business, etc.

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The type of business that provides a product or a service, makes sales to customers, and incurs expenses is ____.
A. a service business
B. a merchandising business
C. a manufacturing business
D. All of these

Answers

It’s D. Hope this helps. Plz Mark As Brainliest

Answer:D

Explanation:

hurry!! #10
What is one of the SMART guidelines that help develop objectives?

O Rigorous

O Specific

O Abstract

Theoretica​

Answers

It should be specific

How do long-term goals differ from short-term goals?
Long-term goals require more money than short-term goals do.
Long-term goals require more planning than short-term goals do.
Long-term goals are less attainable than short-term goals are.
Long-term goals involve less planning than short-term goals do.

Answers

Long-term goals require more planning than short-term goals do.

Planning what to do to get a car would take more planning than choosing breakfast. Therefore the second option is correct.

The correct answer is B. Long-term goals require more planning than short-term goals do.

Hope this helps

:)

When a calendar is made public, then anybody with the calendar's URL can: A. Modify the calendar. B. Delete the calendar. C. Change the calendar. D.View the calendar. E. Edit the calendar.

Answers

D: view the calendar

A calendar is made public, then anybody with the calendar's URL can View the calendar. The correct option is (D).

What do you understand by the calendar?

A calendar is a diagram or object that shows the date, the day of the week, and frequently the entire year, broken down into months, weeks, and days.

An electronic calendar establishing reminders and notifications for significant events. setting aside time so that you can work uninterruptedly on important things. connecting to other mobile devices so you can always easily access your calendar.

Calendars are practical tools for remembering impending appointments, due dates, and achievements. They can assist you in seeing your schedule clearly and serve as a reminder of significant occasions, including work holidays and vacation days.

Therefore, a calendar is made public, then anybody with the calendar's URL can View the calendar.

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The transfer of existing mortgages between investors is the:___________

Answers

Answer:

Secondary mortgage market

Explanation:

The secondary mortgage market is a market in which the loan related to the home and the services rights are purchased and sold between the lenders and the investors

here the transfer is to be done with respect to the mortgages that are previously existed between the investors

Therefore in the given case, it is the situation of the secondary mortgage market and hence, the same is to be considered

There are four steps in solving one's personal financial challenges:
1. considering opportunity costs
2. assessing risks and returns
3. setting short- and long-term goals
4. assessing needs and wants
Which of these is the correct order of these steps?

a) 2, 3, 1, 4
b) 1, 2, 3, 4
c) 4, 1, 2, 3
d) 3.1, 4, 2

Answers

Explanation:

Answer is C

4123

4. assessing needs and wants

1. considering opportunity costs

2. assessing risks and returns

3. setting short- and long-term goals

How is the market price for a product determined?

Answers

The market price of an asset is determined by the forces of supply and demand; the price at which quantity supplied equals quantity demanded is the markets price.

your thoughts on copy right laws. What does it protect, who does it protect and what could happen if a copy right law is broken?

Answers

Answer:

I am not really sure but I believe copyright protects an idea that somebody created on their own. I don't believe it's a person though. Like for example in movies they issue a copyright so that other people couldn't. make that movie just by a little different in the story. Or songs so that people don't take the lyrics or the beat. The punishment is just paying a fine but it could be a big amount (how ever the court sees fit)

Any examples of product for product proposal

Answers

Answer:

D'Harari belt i-FALAH production NURUL AQILAH FATIN SYARMIMI NUR AINAThe easy way to get fit.D'Harari belt i-FALAH production NURUL AQILAH FATIN SYARMIMI NUR AINAThe easy way to get fit.1.0 THE VISION • Our product will work with electric as a source to help women in getting slimmest body with good posture.

tv show suggestions?

Answers

Ratched on Netflix is pretty good

Answer:

the umbrella academy, the good place, locke and key, i'm not okay with this, and the end of the fkcunig world

Explanation:

Please please please help me please I don’t know how to do it please help me
Can please show all the work please

Answers

Answer:

11) 9 cantaloupes

The answer would be 9 because three cantaloupes cost 7 dollars. And 7 times 3 equals 21. Then we would need to multiply the three cantaloupes by three to get the total amount if she has 21 dollars.

12) 20 Dirhams

The answer would be 20 Dirhams because 4 of them would cost 1 dollar. And if we add 4 more dollars it would equal 5. hen we would need to multiply 4 five times to get the total amount of Dirhams with the exchange of 5 dollars.

13) 8 Bunches of fennel

The answer would be 8 bunches of fennel because it cost 9 dollars for one bunch. And if we multiply it by two then we will get 18. Then if we get 18 we will need to multiply the four bunches by 2 since one bunch cost 9 dollars and two bunches cost 18.

14) Two fruit baskets

The answer would be 2 fruit baskets because if we were to buy on fruit basket it would cost 30 dollars. And we we would buy two it would cost 60 because 30 times 2 is 60.

15) 21 dollars

If I multiply 11.1 by 4 then I would get 44.4. Then I would need to multiply 5.30 dollars by 4 too and I would get 21.2 and round it up I get 21 dollars.

16) 40 peso

If I divide 121.10 by 3 then I would get 40.36... Then I would round the number to the nearest tenth and get 40 pesos.

17) 46 in width

The height / tall of the painting would not be affected because we didn't change the tall only the width. The width however would be 46.2 rounded down to 46. Because if I add 3.3 to 42.9 then I would get 46 as the width.

18) 16 cabbage

I divided 28.80 from 1.80 and get 16.

why can customers need change​

Answers

Customers might need change incase they don’t have the exact number of money to give a person who doesn’t has change to give in return !

Select the correct answer.
What effect does inflation have on the prices of goods and services?
OA.
Prices decrease.
OB.
Prices double.
Ос. .
Prices increase.
OD
Prices stay the same.

Answers

Answer:

Prices increase, C

Explanation:

Inflation is when the value of a dollar, or other currency type, drops. This happens most commonly when more money is being printed. The more there is, the less it is worth. This causes prices to increase.

Hope this helps

Answer:

A

Explanation:

if inflation of SUPPLIES then price will decrease.

If inflation of MONEY then yea the price would rise.

Sam is responsible for overseeing all new high school construction and Jordan is responsible for all middle school construction within their county. According to the PMBOK, they would be considered:

Answers

Answer:

project managers

Explanation:

We need to take note of the word "responsible" and "overseeing" which is often applied to project managers. A project manager is one responsible or who oversees the initiating, planning, execution, controlling, and directing of a team towards achieving a project.

PMBOK which stands for Project Management Body of Knowledge would categorize Sam and Jordan as project managers.

There is a difference between Ethics and Law.
Write a paragraph explaining what ETHICS are and write a paragraph explaining what the LAW is.
Then write a paragraph on how ethics and law are similar and write a paragraph on how ethics and law are different.
You will be writing a total of 4 paragraphs. In your explanation paragraphs, you should include examples as well.

Answers

Answer:

Ethics are a thing of morals. They are someone's beliefs and opinions on what is right and wrong, and differ from person to person. Ethics are decided based on a persons upbringing, experiences, and social status; other things also play a part, but these are usually the most decisive factors. Ethics govern one's behaviour; people live their lives in many different ways based on these principals, despite the fact that a lot of the time there is no law telling them to, e.g. someone not swearing because they think it's wrong, despite there being nothing prohibiting them from doing so.  

Law is the system of rules which a country and its inhabitants must abide. Laws are in place to make everyone behave "correctly", and while they do limit the actions of many, some do break them. If a person refuses to follow the law, or breaks one of them, they are punished either with a fine, jail time, and in some places, death.  

Both ethics and law are meant to stop someone from behaving a certain way. They are both a set of rules, and while some of those rules are bent or broken in both cases, for the general population they do their job in making sure the person they're trying to control actually listen. You could also say both come with the threat of penalty if disobeyed; breaking the law is often followed by fines and sometimes jail time, breaking your ethics is often followed by intense feelings of guilt and sometimes effects on ones mental health.

However, unlike ethics, laws do not differ from one person to another, and are the same for everyone living in the subject country. For example, the law prohibiting murder applies to everyone, but the ethical choice not to smoke doesn't. Both have effects on peoples lives and how we all behave, but law is imposed by the government and is something that must not be broken, while you personally decide whether or not it's okay to break your morals; your ethics change as you grow and mature as a person, your laws do not.

Step-by-step explanation:

i hope this is okay! i dont take this subject but ive been told im okay at writing, so im hoping it makes enough sense. its like 3am for me so im putting any spelling or grammar mistakes down to that lol. sorry if its not right! have a nice day/night

Which is the equilibrium for an economic perspective

Answers

In economics, economic equilibrium is a situation in which economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium) values of economic variables will not change.

help fast! Ed and Maria’s gross monthly income is $3,700 and monthly debt is $2,500. What is their debt-to-income ratio to the nearest percent?
A. 53%
B. 68%
C. 82%
D. 25%

Answers

Answer is A. 53% Good luck

Answer:

C. 68

Explanation:

These hotels are cater primarily to ___________ travelers.

Answers

answer

Resort hotels cater primarily to leisure travelers. The rack rate refers to the lowest price a hotel will charge for a room. Usually, the better the hotel's location, the higher the price.

What kind of strategy is being used when a company puts coupons in front of the product at the grocery store?
customer loyalty
word-of-mouth
pull marketing
push marketing

Answers

Answer:

d

Explanation:

what is it called when the government uses some tool other than money to allocate goods?

A. rationing

B. supply management

C. disequilibrium

D. resource allocation​

Answers

A
Its rationing easily

It is important to emphasize benefits in a sales presentation to a prospective buyer because benefits:_______.
a) focus on the psychological reasons of a purchase.
b) fulfill the buyer's needs and motives.
c) fulfill the buyer's economic wants.
d) focus on rational reasons of a purchase.
e) focus on emotional reasons for a purchase.

Answers

Answer:

b) fulfill the buyer's needs and motives.

Explanation:

When the company gives the presentation based on the sales so it should be benefit for the buyer as the company fulfill buyer needs and motives and gains the maximum satisfaction while delivering the goods and services to the consumer

Therefore in the given case, the option B is correct as the company meets the customer needs, wants and motives

Hence, all the other options are wrong

Which of the following circumstances is most likely to reduce one's standard of living?
1. An increase in the cost of some goods such as escalating gasoline prices.
2. A decrease in the cost of some goods such as a decrease in housing prices.
3. Stable prices and an increase in employee wages.
4. Losing your job, but gaining a sizeable inheritance.

Answers

Answer:

1. An increase in the cost of some goods such as escalating gasoline prices.

Explanation:

The standard of living refer to a comfort level, the goods, and the material, necessities and wants that are available to a person

In case when there is a decline in standard of living so it is due to the increased in price as it reduced the purchasing power of the consumer

If the price of the goods increased, then the quantity demanded decreased as per the law of demand

Therefore in the given case, the option A is correct

Both Coca Cola and Benetton are global enterprises. Conduct online research and answer the following questions: What characteristics do these two firms display that qualify them as global enterprises?

Answers

Answer: here’s a photo of sample answer

Explanation:

Answer:

Both companies (Coca Cola and Benetton) registered as corporations, and both have a worldwide footprint across a number of countries. Both companies registered under the Companies Act of the respective countries in which they maintain a presence, and both abide by the laws and regulations of each nation.The companies operate on a large scale with huge investments in research and development, machinery, plants, and capital. They have numerous business functions that include marketing, manufacturing, market research, advertising, finance, and many more. They simultaneously work toward their core missions of generating profits, satisfying the needs of their customers, and continuously expanding their presence in current business markets and additional nations. They both raise capital from stock exchange markets.Both firms provide employment opportunities in their host nations and provide good quality products at moderate local rates. They also help in transferring resources such as raw materials and technology from advanced nations to the nations in which they operate.

Explanation:

Im going to skyveiw!!!??

Answers

that is so cool! good for you

To see all the constraints in a sketch, * Highlight all the sketch pieces you would like to see constraints for O Click the show constraints box in the sketch dialogue box O Hoover over the sketch geometry you would like to look at Other White constraint icons indicate * Goose​

Answers

Answer:

Explanation:

now where the to truck top shot dont f around i walk in the building with every chain on jaydayoungan every chain on gleeeeeeeeeee

What is marketing? Help pls

Answers

the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large

Which of the following is an example of the ethical issue of gift-giving in the
health care industry?

Answers

Answer:

Patient Privacy and Confidentiality. The protection of private patient information is one of the most important ethical and legal issues in the field of healthcare. ...

Transmission of Diseases. ...

Relationships. ...

End-of-Life Issues

etc.

Answer:

A doctor prescribes medication to patients after the pharmaceutical company present tickets to a basketball game to the doctor.

Explanation:

good luck with your homework <3

You will want to list your work content skills, functional skills, educational history, and work experience in your?

Answers

Answer: yes résumé

Explanation:

Answer: résumé

Explanation: Usually when you list the above given information, you are trying to apply for a job, which needs your education level, your diplomas, etc. -APEX

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