Download file to see previous pages...
In advertising for commodities, one should always choose the right marketing strategy.
In order for commodities to sell through good advertising, one has to ensure two very important components are checked: price and value. People only respond to commodities that are offered at low prices compared to their competitors. In addition, high value products tend to attract a good market compared to low value commodities (Forker 2012, p.34). Therefore, one has to ensure these two factors are kept at bay when deciding on proper advertising tools. According to Forker (2012), commodities can never sell when they are low value and placed at high prices. It human nature to acquire goods cheaply that he or she fins high quality. Therefore, when one intends to conduct commodity advertising, one has two place these two factors in check, Lowering of prices can only be achieved if the expense of acquiring the commodity is kept low (Forker 2012, p.88).
Branding of the commodities is one of the key ways in which one can ensure the commodities sale. Branding basically refers to making the given commodity unique to the consumers (Jackson 2005, p.76). Branding can be achieved through making the commodity highly sort after based on the qualities which it has. One basically needs to be aware of the market which one is targeting. Knowing the target market can be useful in knowing their taste and preference in order to tone down the commodities to the level which satisfies the clients need. In branding, one has to create a unique image that will give your commodity an upper hand over the competitors (Jackson 2005, p.46). In addition, one would have to identify reasons as to why customers purchase commodities from your competitors and try to eliminate them. Commodities that have been branded generally have a good impact of attracting and retaining clients who are attached to it (Jackson 2005, p.88). Brands creates things which people are able to associate and relate with.
...Download file to see next pagesRead More
8 Figure 2 p. 12 Figure 3 p. 15 Figure 4 p.16 China: Dragon, Mining, and Manufacturing Sectors Introduction China’s gradual opening of her doors to international trade is the definitive approach that awakens the slumbering dragon of Asia. Some scholars (Sachs and Woo 1993) have considered China’s economic growth in the past twenty-five years as a miracle, an extraordinary feat that is unique only in China (Luo and Burton 2008).
Firstly, it is going to cement the argument, which is usually the fact, that the fundamental thing that determines the price of a commodity is that commodity’s supply as well as demand by stating the laws of demand and supply. The law of supply says that if the price of a commodity rises so will the quantity supplied of the same commodity.
One major risk that businesses have to cushion their business from is the risk of price fluctuation. The risk of price fluctuation goes both ways, which mean that the business will have to cushion itself from the risk of increased cost of its raw materials and the risk of future reduced prices of its products.
The book also illustrates how oil was the most significant among the non-human resources that drove the 20th century economy among nations, as well as organizations, considered to be industrial powers.
According to the report the credit crunch will lead to a fall in stock markets in the US. International organizations may witness a drop in their stock prices. The credit crunch may lead to greater fluctuations in exchange rates and interest rates and this will mean that international organizations need to rethink their risk management policies.
This paper seeks to discuss the world trade and commodities in 15th century with a particular focus in world modern history.
The Portuguese exploration of the 15th century saw a discovery of various trading
The essay analyzes the fashion outline and Commodities. This has also enhanced the development of the urban center and the social classes. In romantic style there is no specific or fixed restriction on the laws relating to beauty and the property. Also the neoclassic style define the human nature which has a lot of wants.