Is a career in finance and consumer services a wise choice? Let’s make a fruitful decision after reading this article. What is a finance consumer service? A finance consumer service is a company or a firm that provides its customers with a range of financial services such as advice on savings, home loans, and insurance. […]
What are the Characteristics of the mixed economic system?
It is a common misconception that a mixed economy is a hybrid of capitalism and socialism. In existence, it’s an economic model in which the government controls some or most of the process of production. The ownership percentage varies from country to country, but the government typically controls important industries like utilities, transportation, and communication […]
Social media strategy for short-term rental business
What is a rental business? A rental business is one whose primary business activity is renting out space. Rent is defined in modern economics as the difference between the total return on a factor of production such as land, labor, or capital, and its supply price. Let’s discover- Modern Integrated marketing communications. What is social media […]
How Marketing can Bring about a more Peaceful World
To promote peace, what does one mean? The goal of peace marketing is to change people’s behaviors. At the same time, it changes attitudes, and habits for the betterment of society, not just for the benefit of the individual who is marketing. Precisely what is “peace marketing,” and how does it differ from other marketing? […]
Pre approach Marketing in Sales
What is a Pre Approach to marketing in sales? Pre-approach marketing is the process of creating a strategy to identify and qualify potential customers before you ever speak to them. This involves creating a target list of prospects, researching their needs, and identifying ways to reach them. The goal is to create a plan that […]
Customer retention and its Drivers
Identify Customer Retention Drivers Finding the factors that impact retention is the first step in putting customer retention initiatives into action. Besides, You run the danger of blindly adopting a variety of programs that might or might not have an impact on client retention if you don’t initially discover the turnover drivers. So let’s get […]
Explanation of major types of wholesaler & their marketing decisions
Wholesaling Wholesaling is a process in which all the activities are involved in selling goods & services for those who buy these for resale or business use. Wholesaler A person who engaged in wholesaling business is known as the wholesaler. Wholesaler often buys goods & services from producer & resale these retailers, industrial consumers & […]
Channel Behavior & Types of Organization
People & companies interact in complex behavioral systems. Distribution channels are the more simple collection of firms. Some channel members have interacted in a more informal way, others may interact in a formal way. Moreover, the channel system doesn’t stand still for anyone. The new member comes & operates the task. Here we‘re going to […]
Job duties for digital marketing as an instructor
What is job duty? A job description is a written outline of the tasks, responsibilities, and qualifications needed to succeed in a given position. Besides, The metrics used to judge an employee’s effectiveness on the job will be outlined in a comprehensive job description. Furthermore, Digital marketing is for enthusiastic and creative individuals. Besides, The […]
Importance of customer loyalty
Higher profit comes from more loyal customers. However, the main thing that really makes loyal consumers so important to small businesses is that they raise revenue. Improving customer retention by just 5% will result in a 25% profit boost because investing more cash per visit to your store builds up over time. However, there is […]
