Answer:
Marketing is much more than just sales and advertising.
Explanation:
Marketing is when an individual or a firm develop the interest of a client or an intending customer to the product one sells or services one render. It makes use of research, distribution, sales promotion etc .
Before an individual or a business venture goes into marketing, it must make thorough research on who his potential buyers are, how can he convince them to buy the products.
The distribution channel must also be considered, like getting the goods
directly to the buyers or involving middle men. There is also sales promotion when considering marketing. Sales promotion includes all activities aimed at promoting immediate sales like raffle draws, offering gifs after purchase etc.
The basic aim of marketing is to sell, acquire customers and retain them while employing marketing concepts and mix(using place, price, promotion and product).
Marketing is not just sales and advertising. It includes market research, product development, pricing strategies, distribution, and customer relationship management.
The statement that marketing is just sales and advertising is inaccurate. While sales and advertising are important components of marketing, they are not the entirety of it. Marketing is a broader concept that includes market research, product development, pricing strategies, distribution, and customer relationship management. It encompasses the entire process of creating, communicating, and delivering value to customers.
For example, market research is an essential part of marketing as it helps identify customer needs and preferences, allowing businesses to develop products that meet those needs. Pricing strategies determine how a product is priced in the market, taking into account factors such as production costs, competition, and customer demand. Distribution involves decisions on how a product will reach the target market, whether through wholesalers, retailers, or online channels.
By considering these factors, businesses can effectively reach their target audience, differentiate themselves from competitors, and build strong customer relationships. Therefore, marketing goes beyond sales and advertising and encompasses various activities that contribute to the success of a business.
#SPJ3
Informative is affordable by a firm as this is a technique used to inform customers that a new product has been released and therefore to come and buy the product.
Answer:
Internet advertising
Of these, the risk of losing time, energy, and money would probably be worth it in the long run.
A type of insurance whereby the insurer pays the medical costs of the insured
A type of insurance that protects your personal property if you are unable to pay your bills
A type of insurance that assists your loved ones in the event of your death
Answer:
A type of insurance whereby the insurer pays the medical costs of the insured
Explanation:
Health insurance is also known as medical insurance. It is insurance coverage that pays for the insured medical, surgical, and dental expenses. Insurance companies that underwrite health insurance cover (insurer) work with hospitals and health facilities known as providers to facilitate medical care of the insured when the need arises.
The insurer may either reimburse the insured the amounts spent in a health facility or may pay the provider the expenses incurred by the insured. Many employers offer health insurance to employees to attract and retain the best workers.
Health insurance is an agreement where the insurer agrees to pay for the insured's medical expenses in exchange for a monthly premium. It covers a range of medical services, from routine check-ups to major surgeries.
The best definition of health insurance is: A type of insurance whereby the insurer pays the medical costs of the insured. Health insurance is a contract between an insurance company and an individual where the company agrees to pay for the individual's medical expenses in exchange for a monthly premium. The provision can cover a range of medical services, from routine check-ups and preventive measures, to major surgeries and treatments for critical illnesses.
#SPJ6