Business, 04.03.2021 15:30 nanagardiner08

Why target market trade is executed

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Answer from: jesser9

The target marketing reduces the marketing cost to business as they only market their product in specified markets. They only target those customers who are genuinely willing to buy company's product. This strategy rewards its customers of buying the genuine product at a reasonable price as there will be no extra cost charged to them. The price charged to customers is the price set by the business itself for the product.

Answer from: clhxxlv

Target market is strategy in which a company offers its product in specific market only. This strategy enables the business to reach its customers through marketing efforts. The target market trade refers to trading in certain markets only to ensure the limited availability of products. The organization who want do not want to market its products through wholesalers or retailer choose such strategy.

Explanation:

The target marketing reduces the marketing cost to business as they only market their product in specified markets. They only target those customers who are genuinely willing to buy company's product. This strategy rewards its customers of buying a genuine product at a reasonable price as there will be no extra cost charged to them. The price charged to customers is the price set by the business itself for the product.

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Answer from: Quest

Xd ik what you mean i was very behind last year in my classes. if u have trouble with math i suggest photomath.

Answer from: Quest

hi : ) i found this so i hope this !

"we first find value of tax in dollars.

the difference between the two prices is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be (amount of tax / original cost price ) × 100

(1.54 / 22) × 100 → (0.07) × 100 = 7

so the tax rate is 7%

we can double check the answer.

7 % of 22 → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"

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