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What does advertising fashion trends and new product introductions help to create?
Wiki User
∙ 12y ago
create consumer needs
Wiki User
∙ 12y ago
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Why would you create a prototype of a product before the actual production takes place?
You create a prototype in order to test the product and get rid of any glitches or bugs before final release.
To cut off shipment of a certain product to a country is to create?
an embargo
What are some examples of the following types of product demand -- NEGATIVE NO LATENT FALLING IRREGULAR FULL OVERFULL?
ANSWERNegative Demand: The marketer will need to focus on a very creative process to create the demand for the product/service. If the product/service is unknown then a major PR campaign to introduce the new service/product should be implemented into the marketing strategy and focus from that aspect until demands reach an adequate level. The marketer will want to focus on the functionality of the new product/service and display the benefits to the new market. New distribution channels will need to be created, founded, or forged. Promotion trial offers may need introduction for product/service release.If the product/service is in in negative demand because of the misfortune of defamation, the marketer will need to create a healing PR campaign to bring demand levels back up. Many press conferences and interviews will need to be implemented into the PR campaign. Free promotional offers should be considered to regain trust and rebuild brand integrity.No Demand: The marketer will need to focus again on a PR campaign as well as find suitable industry friendly distribution channels for market delivery. Heavy media advertising will need to be used to differentiate the product/services from the others and introduce the new brand into the market.Falling Demand: The marketer will either need to work together with product/service development to revamp the service/product and/or revamp it's advertising campaign(s). In the campaign(s) strategize on newer logos, slogans, mascots, and social status. Change market demographic focus or deep mine the current demographic data. Create in-house surveys on service/product to enhance product development and change advertising direction. Strategize new PR campaign. Create promotion offers.Latent Demand: Marketer needs to focus heavily on demographics and create advertising in accordance with the appeal of the demographic market that was researched. PR campaign should be heavily focused in direction of suitable media channels for appropriate targeting. Societal campaigns should be implemented through sponsorship, trade shows, and commercials. Analyze the possible need for promotions based on pricing. Brand should be heavily analyzed for predicted performance and impact.Falling Demand: Start adding promotions to advertising campaigns. Conduct extensive in-house surveys in customer base. Find the problem points in survey data and extensively advertise the improvements made when implemented through media and PR. Change appearance of product ads and add new usability of the products/services in advertising. Irregular Demand: Conduct extensive market research into company sales and consumer behavior surrounding all products/services for all companies external and internal. Conclude on seasons and days of falling demands if appropriate and tie in promotions to advertising for particular demand falls. Reevaluate target markets and find more viable markets to add or replace current ones. Focus on brand perception identity and conduct or study surveys of consumer behaviors in relation to your product/services. Study quarterly portfolios of your competition as well.Full Demand: Focus more on product/service value in advertising campaigns while readjusting the pricing. Elevate market focus to investors. Create major investor PR campaign.Overfull Demand: Begin eternal conferencing with CEO and VP. Discuss growing manufacturer channels to alleviate the overall corporate strain. Explain that the marketer's need to better focus marketing efforts and revenue growth for the company relies on the delivery of supply. Ween off advertising campaigns and focus on internal data mining and data combining for future analysis and marketing use.
Consumers who are willing and able to purchase a product or service create an economic situation referred to as?
Consumers who are willing and able to purchase a product or service create an economic situation referred to as supply and demand. The price of the product or service tends to rise and fall depending on these factors.
the machinery and tools used to create a product are part of which factor of production?
capital
What are the roles of advertising on consumer patronage of a product?
The roles of advertising on a consumer patronage of a product is to create customer awareness.
Why are they still advertising riddex?
To obviously create more sales of their product.
How does product advertising differ from institutional advertising?
Institutional advertising promotes a company image, rather than a specific brand. It attempts to create goodwill and the desired perception of an entire company, rather than one brand or product. Product advertising is trying to promote and sell a specific brand or product.
What are the function of advertising?
Functions of advertising: 1. To differentiate the product from their competitors 2. To communicate product information 3. To urge product used 4. To expand the product distribution 5. To increase brand preference and loyalty 6. To reduce overall sales cost 7. Creates new demands
What are the goals of advertising?
Advertisers want to create indirect connections between a product and a desirable image or value.
What is a fashion retailer?
A fashion retailer sell the product. They help the customers make there choice. They create layouts. They make the clothing look its best.
Where animation is used?
Animation is used in many industries like advertising, marketing, education, product development etc. In education, it is used to create animated videos where as in advertising industry, animation is used to create animated ads.
What are the reasons for advertising?
Advertising helps companies create awareness for a new product or convince potential customers that their product is better than the competition. If companies never advertised, customers may not realize that the product even exists or may not know some of its benefits.
How does advertising fit within the marketing mix?
Advertising fits within the marketing mix in various ways. Marketing is simply creating awareness of a product or a service with the intention of convincing the consumer to buy. Advertising is the best ways to create awareness.
What is the purpose of fashion magazine advertising?
Fashion magazine advertising can primarily be about "branding" for the label being advertised. This means establishing an image that will be associated with the advertised brand. Labels want to create memorable campaigns that help readers think of their brand when they're out shopping for new clothes and trying to convey a certain image.
What are the steps to guard against phenomenon of marketing myopia?
Always focus on the customer satisfaction and remember to convey satisfactory results in the advertising of your product. Addressing the needs of your market will create the demands for your product.
What are the advantages and the benefits of humor?
The advantages of humor in advertising is that it can create memorable advertisements. If you can make people laugh, they associate positive memories with your product or service.
