Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the basic difference between primary and secondary data? Also, what are the advantages and disadvantages of each? explain the STP strategy Describe the

  1. What is the basic difference between primary and secondary data? Also, what are the advantages and disadvantages of each?
  2. explain the STP strategy
  3. Describe the four general bases that are used to segment consumer markets
  4. Based on ParetoPrinciple(80-20 Rule), why are VIP or VVIP customers important?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advertising and Promotion An Integrated Marketing Communications Perspective

Authors: George Belch, Michael Belch

10th Edition

78028973, 978-0078028977

More Books

Students also viewed these Marketing questions

Question

Distinguish between harmony, harmonization and standardization.

Answered: 1 week ago

Question

7. Identify six intercultural communication dialectics.

Answered: 1 week ago