1. a goal to \gain 10,000 instagram followers in 6 months\ is best achieved through\na) pricing strategy\nb)…

1. a goal to \gain 10,000 instagram followers in 6 months\ is best achieved through\na) pricing strategy\nb) promotion strategy\nc) distribution strategy\nd) product strategy\n2. penetration pricing is designed to\na) maximize short - term profit\nb) enter a new market by charging low prices\nc) reinforce a premium brand image\nd) avoid competition\n3. which strategy best supports a goal to \increase product convenience\?\na) promotion\nb) distribution\nc) pricing\nd) innovation\n4. if a company introduces seasonal packaging (e.g., holiday editions), this is an example of:\na) promotion strategy\nb) product strategy\nc) distribution strategy\nd) pricing strategy\n5. a company wants to boost repeat customers by 20%. the most effective strategy is:\na) loyalty programs\nb) lowering prices\nc) expanding into new markets

1. a goal to \gain 10,000 instagram followers in 6 months\ is best achieved through\na) pricing strategy\nb) promotion strategy\nc) distribution strategy\nd) product strategy\n2. penetration pricing is designed to\na) maximize short - term profit\nb) enter a new market by charging low prices\nc) reinforce a premium brand image\nd) avoid competition\n3. which strategy best supports a goal to \increase product convenience\?\na) promotion\nb) distribution\nc) pricing\nd) innovation\n4. if a company introduces seasonal packaging (e.g., holiday editions), this is an example of:\na) promotion strategy\nb) product strategy\nc) distribution strategy\nd) pricing strategy\n5. a company wants to boost repeat customers by 20%. the most effective strategy is:\na) loyalty programs\nb) lowering prices\nc) expanding into new markets

Answer

Brief Explanations:

  1. Gaining Instagram followers is about promoting oneself or a brand, so promotion strategy is key.
  2. Penetration pricing aims to enter a new market by setting low - prices to attract customers.
  3. Distribution strategy focuses on making products available to customers conveniently.
  4. Seasonal packaging is a part of product strategy as it modifies the product's appearance.
  5. Loyalty programs are designed to encourage repeat business by rewarding customers.

Answer:

  1. B. Promotion strategy
  2. B. Enter a new market by charging low prices
  3. B. Distribution
  4. B. Product strategy
  5. A. Loyalty programs