What are the brands of your 2 products? Please include the market segment for each of your brands.
What retail price did you set for each product?
What is your products’ Cost of Production under Task List > Marketing > Pricing.
What is your products’ Cost Per Unit under Manufacturing > Factory Simulation. Is there a difference between your answers to Question 3? Why?
What was your rationale for each price (competitive pricing, a desired profit margin that you wanted, costs etc…)? Remember to include the data to support your pricing decision.
RM (customer dating control) is an facts enterprise time period for methodologies, software program, and usually net talents that help an agency control consumer relationships in an organized way. It occurs by means of retaining and updating the contacts of consumer. that is for the: 1. present customers 2. potential clients as an example, an organization might build a databaseabout its customers that defined relationships in sufficient detail in order that control, salespeople, people presenting provider, and perhaps the patron without delay may want to get entry to information, match customer needs with product plans and services, remind clients of carrier necessities, recognise what other products a consumer had bought, and so forth. It includes the following: supporting an organisation to enable its advertising departments to discover and goal their exceptional clients, control advertising campaigns and generate quality leads for the income team. Assessing the enterprise to improve telesales, account, and sales management through optimizing statistics shared by a couple of personnel, and streamlining current strategies (as an instance, taking orders using cell devices) allowing the formation of individualized relationships with customers, with the aim of improving consumer delight and maximizing income; identifying the maximum profitable clients and offering them the very best degree of service. providing personnel with the records and methods important to realize their customers, understand and identify consumer desires and effectively build relationships among the corporation, its purchaser base, and distribution companions. CRM strategies followed with the aid of Union bank of India these days, many organizations inclusive of banks, coverage companies, and other carrier providers realise the importance of patron relationship control (CRM) and its potential to assist them accumulate new customers preserve present ones and maximize their lifetime price. At this point, close relationship with clients would require a robust coordination among IT and marketing departments to offer an extended-time period retention of selected clients. Union financial institution ambitions to boom customer profitability with any customer retention. it's miles a sound business approach to pick out the bank’s maximum worthwhile customers and potentialities, and devotes time and interest to increasing account relationships with the ones clients through individualized advertising and marketing, pricing, discretionary choice making. according to Union financial institution of India having and acting upon deeper expertise about the purchaser, make certain that the purchaser along with how to fund the consumer, get to understand the purchaser, keep in hard with the customer, make certain that the client receives what he needs from provider issuer and recognize while they may be not satisfied and might leave the carrier provider and act for that reason. Union financial institution of India has a database of its customers and informs them about the various schemes presented through the bank. The bank has a proposal box wherein customers of the bank ca>GET ANSWER