A major advantage of advertising is the ease of measuring advertising effectiveness.
The buyer and seller exchanges in transaction-based marketin…
The buyer and seller exchanges in transaction-based marketing are characterized by limited communications and little or no ongoing relationships.
A brand is said to have high relevance if a large number of…
A brand is said to have high relevance if a large number of consumers feel the need for the benefits offered by the brand.
Successful internal marketing efforts create satisfied emplo…
Successful internal marketing efforts create satisfied employees who spread positive word-of-mouth messages to relatives, friends, and acquaintances.
Rebates are usually granted to customers by retailers.
Rebates are usually granted to customers by retailers.
Sports celebrities and actors use social media marketing to…
Sports celebrities and actors use social media marketing to create a positive public image.
Many consumers shop for reasons other than just purchasing n…
Many consumers shop for reasons other than just purchasing needed products.
To be successful at e-business, firms must establish and mai…
To be successful at e-business, firms must establish and maintain competitive standards for customer service.
Building and managing long-term relationships between buyers…
Building and managing long-term relationships between buyers and sellers are the hallmarks of transaction-based marketing.
Database marketing is not effective in identifying potential…
Database marketing is not effective in identifying potential customers as it increases the marketing and promotion costs.