The promotional element is direct marketing.
Direct marketing is any form of advertising that interacts or spreads with consumers directly as opposed to indirectly via another channel, like the media. Among other channels of distribution, campaigns can be sent via email, social media, and messaging. Direct marketing is referred to as such since it frequently eliminates the intermediaries, like the media used for advertising.
People have been proclaiming that direct marketing is no longer a significant part of the marketing mix ever since the advent of digital marketing. The response rates typically range from 1 to 3 per cent. It is a waste of money and is likely to annoy the consumer when a firm attempts to reach someone who is not interested in its items.
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how should you describe the innovation process? question 10 options: irregular and unpredictable straight and narrow defined and renowned nice and easy slow and stead
The best way to describe innovation process is irregular and unpredictable.
What is innovation process?An invention process is a set of way between an idea’s generality and its perpetration. It's a streamlined process that's managed in a way that reflects a company’s structure and invention pretensions.
A strong invention process helps to optimise the identification, prisoner and curation of the stylish ideas and bring them to life. By following a process, and repeating and participating feedback at every stage, you demonstrate to your entire platoon that invention, and every single idea, matters
the innovation process involves in the following steps:
Step 1: Idea generation and collection
Step 2: Idea review and evaluation
Step 3: evidence- of- conception or a airman
Step 4: Full rollout and perpetration
Step 5: Relinquishment and benefit realisation
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marginal cost group of answer choices is the change in the total cost when hiring one more factor of production. is the change in total output from hiring one more factor of production. is the change in total cost associated with a one-unit increase in production. falls when there are diminishing returns.
Marginal cost is the change in total cost associated with a one-unit increase in production.
What is marginal cost?In managerial accounting, the idea of marginal cost is crucial because it may be used to maximize production through economies of scale within an organization.By producing at the point where marginal cost (MC) equals marginal revenue, a business can optimize its earnings (MR).Because fixed costs are fixed regardless of output levels, larger production spreads the total fixed cost over more units, resulting in a lower fixed cost per unit.Production levels affect variable costs, so increasing the number of units will increase those costs.To learn more about marginal cost visit:
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suppose the united states is more productive than china at making both t-shirts and cell phones. the theory of comparative advantage suggests that consumption in both countries will:
Production of clothing is a planned operation that includes a series of steps including laying, marking, cutting, stitching, checking, finishing, pressing, and packaging. Raw resources are transformed into finished goods through this process.
Who produces shirts with a comparative advantage?States of America : In terms of creating shirts, the US has a comparative edge. Creating one shirt costs the United States 1/3 boot in opportunity costs, but making one shirt costs one boot in Canada.The U.S. has an absolute advantage in shirt production since a U.S. worker can produce more shirts than a Chinese worker.Which city is more advantageous than others in producing each color of sock? Because a worker in Boston produces more (3 pairs of socks per hour) than a worker in Chicago, Boston has a clear edge in the manufacture of both types of socks (2 pairs of red socks per hour or 1 pair of white socks per hour).Similar to this, producing one extra shirt in China costs 1/100 worker years, which means that 0.1 fewer computers would be produced. Therefore, 0.1 computers represent the pertinent opportunity cost in China. (a) Assume that China and America each have 100 employees.However, the harmful effects don't start until the fibers are grown. After the dyeing process, the process of turning the cotton into yarn requires a lot of energy and is the second-highest contributor to carbon pollution throughout the lifecycle of a t-shirt. The fabric used to create the t-shirt is then knit using the cotton yarn.To Learn more About Production refer to:
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in early 2000s, oil prices were rising because of concern about the iraqi invasion kuwait and other situations, along with rapid growth in demand in the far east. prices eventually reached over $100 a barrel. how would most economists predict these high prices should affect the u.s. economy in terms of the ad/as model? multiple choice
Economists predict that high prices of oil should affect the US economy because oil is the most important input in many production processes. In the term of the AD/AS model, the higher prices should shift the short-run aggregate supply curve up (to the left).
The Aggregate Demand–Aggregate Supply or also known as AD/AS model can be described as a macroeconomic model that explains output and price level through the relationship of aggregate demand and aggregate supply. The Aggregate Demand–Aggregate Supply or also known as AD/AS model is based on the theory of John Maynard Keynes presented in his work The General Theory of Employment, Interest and Money. The aggregate supply curve slopes up is happen when the price level of inputs remains fixed while the price level for outputs increases. The aggregate supply curve slopes up cam make the opportunity for additional profits encourages more production.
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if the average adult produces $30,000 of output per year, how much global output is lost annually as a result of adult deaths from secondhand smoke? instructions: round your response to one decimal place. output lost
According to a global assessment, secondhand smoke causes the deaths of 600,000 individuals worldwide. 435,000 of these 600,000 victims are adults. The output lost as a result is 13.05 billion.
Elaborate on passive smoking.A deadly concoction of more than 4,000 irritants, poisons, and cancer-causing agents makes up secondhand smoking. People around you continue to breathe in the dangerous toxins no matter how cautious you believe you are because the majority of secondhand smoke is invisible and odorless.
People are not protected by opening windows and doors or by smoking in another room of the house. Even with a window open, smoke can remain in the air for two to three hours after you've finished a cigarette. Additionally, even if you just allow smoking in one room, the smoke will enter the other rooms in the house and be inhaled by residents.
Considering that an adult produces 30,000 worth of production annually, 435,000 adults would have generated,
= 30,000 × 435,000
= 13,050,000,000
As a result, the annual loss in global output due to adult mortality is 13.05 billion.
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which of the following are strategies to modify the market? (select all that apply) multiple select question. alter one or more of a product's characteristics create new use situations increase a product's use among existing customers find new customers create a new product
The strategies to modify the market include the following:
alter one or more of a product's characteristics.create new use situations.increase a product's use among existing customers.What is a marketing strategy?A marketing strategy can be defined as a technique that is typically used by business firms to attract customers to their products (goods) or service, especially by giving them a lower price during its initial operation and offering.
In conclusion, we can reasonably infer and logically deduce that altering one or more of a product's characteristics and creating some new use situations is an efficient and effective marketing strategy that should be adopted by manufacturers.
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Brickhouse is expected to pay a dividend of $2. 50 and $2. 20 over the next two years, respectively. After that, the company is expected to increase its annual dividend at 2. 6 percent. What is the stock price today if the required return is 10 percent?.
It is the price at which a share of stock or any other security last traded. In an open market, the current price functions as a baseline. It indicates the price a buyer would be willing to pay and a seller would be willing to accept for a subsequent transaction in that security
Calculation to determine the current share price?It is the last traded price for a share of stock or any other security.The present price serves as the starting point in an open market.It shows the price that a buyer and seller would be prepared to accept for a subsequent transaction involving that security.
First step is to determine the price of the stock in year 2
P2=$2.50/(0.1− 0.026)
P2=$2.50/0.74
P2=$3.37
Now let determine the Current price
P0=3.37/(1+0.1)^2
P0=3.37/1.1^2
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karen was at the checkout at the grocery store and remembered that she was out of chewing gum that she normally likes to keep in her purse. without much thought, she grabbed two packages of the gum she likes. what type of consumer decision does this illustration?
An assortment of consumers that have similar demands and desires make up a market segment checkout. As a result, businesses should concentrate on the sector where they have the most grocery possibility of succeeding.
They include buying things frequently, buying a well-known brand or product, buying things with minimal effort, and buying with little engagement. According to marketing jargon, perceived value refers to how well a product or service meets a customer's wants and expectations, particularly when compared to its competitors. grocery After making a purchase, consumers anticipate a product to perform a certain way. A corporation chooses to concentrate all of its marketing efforts on a single market segment while using the concentration strategy. The development of a single marketing mix, which combines product offerings, promotional checkout messaging, and distribution and price that is specific to that market niche. The four primary categories of market segmentation are thought to be geographic, psychographic, behavioral, and demographic; however, there are many other tactics you can employ, as well as countless variants on the four primary types. Low participation items are frequently affordable and carry little risk to the buyer if they choose incorrectly grocery. If high-involvement items fail, are checkout complicated, or are expensive, the consumer runs a considerable risk. Products with limited engagement fall somewhere in the middle.
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nearshore consultants, a business consulting firm, wants to attract and keep highly ambitious employees who work hard and want to advance in their careers. which benefit would especially appeal to this type of employee?multiple choicea 529 savings plana defined-benefit pension plana generous vacation policya health maintenance organizationtuition reimbursement
Tuition reimbursement would be the benefit, especially appealing to this type of employee.
So, the correct option is D.
An employer will pay for a certain number of continuing education credits or college courses that will be used to fulfill the requirements for a degree through the tuition reimbursement program, often known as tuition aid. Because it increases their options for learning and growth, tuition aid helps keep lifetime learners interested and dedicated to their careers. More than 80% of the employees who took part in the EdAssist poll claimed the program made them happier at work and more likely to stick around.
When determining how much help will be given out, the amount of tuition reimbursement will be taken into account since it is included in the student's overall financial resources. Tuition reimbursement may therefore result in a student receiving less financial aid than they otherwise would.
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g a company is expected to pay shareholders a $4 dividend next year. if dividends are expected to grow by 4% annually and investors require a 14% return on this stock, what is the stock worth today?
Based on the dividends to be paid in the next year, and the growth rate in dividends, as well as the required return, the stock today would be worth $40.
How to find the value of the stock?When given the dividend to be paid in the next year, the growth rate, and the required return on the stock, stock value or price today can be found using the Gordon Growth Model.
The Gordon Growth Model takes the formula:
Value of stock = Next dividend / (Required return - Dividend growth rate)
The stock worth in the current period can therefore be found to be:
Value of stock = 4 / (14% - 4%)
Value of stock = 4 / 10%
Value of stock = $40
In conclusion, the required return, next dividend to be paid, and the dividend growth rate show that the stock worth is $40.
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What happens when a limited partnership fails to substantially comply with all the requirements of the state statute regarding limited partnerships?.
A confined partner is not answerable for the duties of the constrained partnership except in appreciation of the quantity of property he contributes or concurs to contribute to the capital of the limited partnership.
Remember, actively participating in control will purpose a restricted associate to be treated as a general associate. This means dropping the limited liability protection and risking one's personal property for debts of the business.
The causes for the dissolution of a limited partnership
Dissolution of confined PartnershipDiscontinuation of Partnership.demise or financial disaster of 1 or greater companions.by using Order of court.another purpose.Learn more about property here: https://brainly.com/question/1078532
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what are the three broad categories of incentive pay?multiple select question.incentives linked to individualsincentives linked to company turnoverincentives linked to reducing competitionincentives linked to organizational performanceincentives linked to groups
The many kinds of incentive pay fall into three broad categories incentives linked to individual, group, or organizational performance.
The various types of incentive pay are divided into three broad categories. Individual, group, or organizational performance-based incentives. Here are the different incentive pays.
Annual bonus: An annual payment that is typically based on a worker's annual salary.
Signing bonus: A one-time payment made when a candidate agrees to work for a company.
A discretionary or spot bonus is a one-time cash payment that recognizes past performance.
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jessica's sports wear has $38,100 in receivables and $523,700 in total assets. the total asset turnover rate is 1.17 and the profit margin is 7.3 percent. how long on average does it take to collect the receivables? assume a 365-day year.
22.70 days are the average collecting period.
proper choice is a 26.91 days
as evidence
Inventories = $38,100
assets total $523,700.
Rate of total asset turnover: 1.17
Profit margin is 7.3%.
Total Asset Turnover Ratio is said to be equal to Sales minus Total Assets.
in this case, a sale
sales = (523700 × 1.17)
sales = $612729
and
The anticipated profit is 7.3% or $612729.
Earnings = $44729.217
therefore, we have accounts receivable turnover.
Customer receivables Sales minus Accounts Receivable equals turnover.
so
turnover of the accounts receivables =
Turnover of receivables = 16.08
and
The typical collecting time is
22.70 days are the average collecting period.
proper choice of collecting period is 26.91 days
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lourdes corporation's 11% coupon rate, semiannual payment, $1,000 par value bonds, which mature in 15 years, are callable 4 years from today at $1,050. they sell at a price of $1,190.03, and the yield curve is flat. assume that interest rates are expected to remain at their current level. what is the best estimate of these bonds' remaining life? round your answer to the nearest whole number.
The remaining life of the bond is 4 years and the YTM is 8.70%
Par value of the bond = $1000
In a bond, the owner of the bond loans money to a business or the government. Up to a certain future date, when they return the principal amount of the loan, the borrower pays recurring interest payments.
The total sum that the bond issuer returns to the bondholder is known as the "principal," and the interest is represented by a series of payments known as the "coupon."
Selling price = $1190.03
Callable price = $1050
N = 15 years
Interest rate = 11%
Semi payment = Interest rate*Par value*Time in years
= 11%*1000*0.5 = $55
Since those bonds are expected to be called in 4 years, the remaining life of the bond is 4 years
Calculating the yield to maturity:
Future value (FV) = 1000
Present value (PV) = -1190.03
N = 15*2 = 30
PMT = $55
Yield to maturity = [Annual Interest + {(FV-Price)/Maturity}] / [(FV+Price)/2]
= {0.11 + {1000 - 1190.03}/1050}/{(1000 + 1190.03)/2}
So, Yield to maturity = 8.70%
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assume the mpc is 0.70. if government were to impose $20 billion of new taxes on household income, consumption spending would initially decrease by multiple choice $20 billion. $14 billion. $6 billion. $60 billion.
The consumption spending would initially decrease by $ 14 billion.
Elaborate on Marginal Propensity to Consume.The marginal propensity to consume (MPC) is a measure of induced consumption in economics, which is the idea that an increase in disposable income leads to an increase in personal consumer spending (consumption) (income after taxes and transfers). Propensity to consume is the percentage of disposable income that people spend on consumption. MPC is the percentage of additional money that a person spends. For instance, if a household receives an additional $1 in disposable income and the marginal propensity to consume is 0.65, it will spend 65 cents of that dollar and save 35 cents. Of course, the family cannot spend more than the additional $1. (without borrowing). When compared to wealthier people, the MPC is higher for impoverished persons.
To solve this question :
In accordance with the given data.
Marginal propensity to consume (MPC) = 0.7
Change in disposable income = $20 billion
MPC = (Change in consumption ) ÷ (Change in disposable income)
0.7 = (Change in consumption ) ÷ 20
20 × 0.7 = Change in consumption, i.e., 14 billion
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a 7% convertible debenture is selling at 101, and it is convertible into the common stock of the same corporation at $25. the common stock is currently trading at $23. what is the parity price of the debenture?
$920.00 The bond's parity price, first find the number of shares the debenture can be converted into (the conversion ratio) by dividing the par value by the conversion price ($1,000 x $25 = 40 shares).
Next, divide the conversion ratio by the current common price. The bond's parity price is the result (40 shares minus $23 = $920).
The present value of the liability divided by the market interest rate is the effective interest. The amount of actual interest paid is equal to the bond's face value divided by the number. of Issued Bonds x Coupon Rate
What is the convertible bond value formula?
The following formula can be used by investors to arrive at convertible bond valuations: The value of a convertible bond is the sum of the independent values of a straight bond and a conversion option.
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Why do competitive markets move toward equilibrium?
The multiplier is 5 and, as a result of a change in expenditure, equilibrium expenditure and real gdp change by $200 billion. What was the initial change in autonomous expenditure?.
X = $40 billion.
Any changes in consumer spending that follow any real GDP expansion or contraction brought on by the application of fiscal policy are referred to as the multiplier impact.
What is the expenditure multiplier's formula?Any changes in consumer spending that follow any real GDP expansion or contraction brought on by the application of fiscal policy are referred to as the multiplier impact. Government expenditure growth stimulates the economy's overall demand and contributes to some real GDP growth. As a result of that increase, more people are employed and make money.Any changes in consumer spending that follow any real GDP expansion or contraction brought on by the application of fiscal policy are referred to as the multiplier impact.The expenditure multiplier illustrates the effects of a change in autonomous spending on overall spending and aggregate demand. Divide the final change in real GDP by the change in expenditures to determine the expenditure multiplier.To learn more about GDP refer to:
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what are two profit-oriented approaches to setting a price?multiple select question.cost-plus pricingskimming pricingcustomary pricingtarget return pricingtarget profit pricing
Two price-setting strategies focus on making a profit:
target return pricingtarget profit pricingWhat are the two methods of pricing?We discuss the three main and most popular pricing techniques in this concise guide:
Price based on cost. Pricing based on value. Pricing based on competition.What does profit-driven pricing mean?When a corporation has a profit-oriented pricing purpose, it means that it wants to maximize profits from each sale or service it offers while achieving long-term corporate viability.
What is a profit-oriented strategy?Profit-focused strategies: Setting the price to achieve targeted profits, a return on sales, or a return on investment is necessary for profit orientation. Three pricing methods emphasize profits: optimum pricing for profit. Ideally priced for return on sales.
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under the innovative management system approach, one company department works individually to complete its stage of the process before passing the new product along to the next department and stage. true false
‘Under the sequential product development approach, one company department works individually to complete its stage of the process before passing the new product along to the next department and stage’. Thus, the given statement is false.
Sequential product development is an approach in which a new product is manufactured and passed through all departments of a company properly and systematically. In this method, one department of the company fully finishes the required stage of the tasks on the product before sending the product to the next department for another stage.
While the innovative management system approach provides innovative ways to manage new ideas i.e. from generating ideas to taking actions and making the actions a reality.
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how do the location and size of warehouses affect the performance of a firm such as amazon? what factors should amazon take into account when deciding where and how big its warehouses should be?
The location and size of Amazon's warehouses have a direct bearing on how responsive and efficient they can be.
what factors should amazon take into account when deciding where and how big its warehouses should be?
In order to properly balance their efficiency and responsiveness with their goal, Amazon should think about which locations are underserved by the current network of warehouses and where it is most economical to put the new warehouse.
Why is Amazon expanding by adding new warehouses, and where should they be situated?
can aid in hastening delivery For more earnings, locate warehouses close to the top 20 U.S. metro areas. A market watcher named Tompkins claims that the corporation is constructing tens of millions of square feet of DC space, with an increasing amount of it being located close to major cities.
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companies headquartered in countries with weak investor protection can reduce agency costs between shareholders and management group of answer choices having a press conference and promising to be nice to their investors. by listing their stocks in countries with strong investor protection. by moving to a better county. by voluntarily complying with the provisions of the u.s. sarbanes-oxley act.
Companies headquartered in countries with weak investor protection can reduce agency costs between shareholders and management by listing their stocks in countries with strong investor protection.
The answer is option B.
Investor protection includes numerous measures installed to protect the pursuits of investors from malpractices. The Securities and Exchange Board of India (SEBI) is chargeable for regulations of the Mutual fund range and for safeguarding the pursuits of the traders.
The stock exchanges have an investor protection budget to compensate investors while a broker is said a defaulter. The depository indemnifies investors for loss because of the negligence of the depository or depository participant.
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question content area cordell, inc., has an operating leverage of 3. sales are expected to increase by 9% next year. what is the expected change in operating income next year?
The term "OI" refers for "operating income," which is defined as the accounting figure that assesses or calculates the profit amount that is achieved or acquired from the activities of the business after deducting operational expenses such as COGS (cost of goods sold), salaries, and depreciation.
what is the expected change in operating income next year?Next year's operational income is anticipated to change by 27%.The term "OI" refers for "operating income," which is defined as the accounting figure that assesses or calculates the profit amount that is achieved or acquired from the activities of the business after deducting operational expenses such as COGS (cost of goods sold), salaries, and depreciation.Next year's operational income is anticipated to change by 27%.The operational income that will likely fluctuate in the upcoming year is calculated as;Operating Income = Sales Growth + Operating Leverage, where Sales Growth is 9%.
3 is the operating leverage.
Making use of the values above:
OI = 9% × 3\sOI = 27%
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on december 31, year 2 before adjustments, silver co.'s accounts receivable account balance was $20,000 and the allowance for doubtful accounts account balance was $300. silver estimates uncollectible accounts to be 5% of accounts receivable. the year 2 uncollectible accounts expense shown on the income statement will be:
The year 2 uncollectible accounts expense shown on the income statement will be -700.
An expense is an item requiring an outflow of money, or any form of fortune in trendy, to another character or institution as payment for an item, provider, or some other category of costs. For a tenant, rent is a cost. For students or mothers and fathers, tuition is a cost. Buying food, clothing, fixtures, or a vehicle is frequently referred to as a rate. An expense is a price that is "paid" or "remitted", generally in trade for something of the fee. Something that appears to cost an outstanding deal is "high-priced". Something that appears to price little is "inexpensive". "fees of the table" are prices for dining, refreshments, a ceremonial dinner, and so forth.
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Vulcan, inc. , has 7 percent coupon bonds on the market that have 13 years left to maturity. The bonds make annual payments and have a par value of $1,000. If the ytm on these bonds is 8. 4 percent, what is the current bond price?.
The discounted present value of the future cash flow that a bond will generate is the bond price. It is the sum of the anticipated coupon payments' present values plus the par value at maturity. The cost of the bond right now is $891.74.
Explain about the current bond price?The discounted present value of the future cash flow that a bond will generate is the bond price. It is the sum of the anticipated coupon payments' present values plus the par value at maturity. To determine the bond price, the known future cash flows must simply be discounted.
Bonds that are selling for close to or at par value are referred to as current coupon bonds. In particular, the coupon rate on the bond must be within 0.5% of current market rates.
Bonds' current yield is calculated by dividing their coupon yield by their current market value. The current yield will vary if the market price changes.
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harrimon industries bonds have 6 years left to maturity. interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 10%. what is the yield to maturity at a current market price of $813? round your answer to two decimal places
14.78% is the yield to maturity at a current market price of $813 for the given question
The internal rate of return on an investment is the same as the yield to maturity. YTM is the interest rate at which the initial investment and the present value of future cash flows will be equal:
computed as:
N = 6
Fv = $1,000
Pmt = $1,000 × 10% = $100
Pv = - $813
P/yr = 1
I (YTM) = ?
The yield to maturity (YTM), calculated by entering the aforementioned figures into a financial calculator, is 1,478.22%, or 14.78%.
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for the year ended december 31, 2020, terrance, a single professional, reported the following: net investment income from taxable interest, $14,000 other expenses unrelated to the generation of interest, $6,000 investment interest expense on funds borrowed in 2018 to purchase stocks and bonds, $15,000 what is the maximum amount that terrance can deduct in 2019 as investment interest expense?
The most Terrance may write off for investment interest costs in 2019
is $14000.
Given
Terrance, a lone professional, provided the following financial information for the year ended December 31, 2020:
Net investment income from taxable interest, $14,000 in additional costs not connected to interest generation, and borrowing money in 2018 to buy stocks and bonds resulted in investment interest costs of $6,000 and $15,000, respectively.
Calculation of the maximum investment interest expense that Terrance may deduct in 2020:
Interest costs may be deducted in full.
Amount of investment expenses up to the maximum allowed by total net investment income
The difference between net investment income and expense for the year is $14,000 ($15,000 + $6,000).
Therefore,
The maximum deduction is allowed in 2020.
= $14000
Hence the total amount of investment interest is = $14000
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the salary paid to the assembly line supervisor would normally be classified as: multiple choice a period cost. direct labor. a prime cost. a general and administrative expense. indirect labor.
The salary paid to the supervisor of an assembly line would normally be classified as indirect labor.
What is indirect labor ?
Employees who undertake duties that improve the functioning of the business without directly generating goods or services are referred to as performing "indirect labour." They are employed in departments including the administrative, accounting, and engineering ones.
What is an example of indirect labor?
For instance, the maintenance workers and the receptionist who assist the hair stylists at a salon in providing haircuts and other services are considered indirect labor whereas the former are called direct labor.
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which of the following is an advantage of making a product correctly from the outset? multiple choice it allows the company to pinpoint quality problems in the production system. it allows employees to make better use of their time and materials. it gives the company more time to rework defective products. it eliminates the need to make other products. it makes the transformation process slower and more deliberate.
The advantage of making a product correctly from the outset is It allows employees to make better use of their time and materials
Prior to launching your items on the market, it's critical to guarantee that there is demand, your final products are of the greatest possible quality, and that your potential clients will receive value from them. All members of your product design, testing, manufacturing, marketing, and sales teams can benefit from product development. It guarantees that your product is marketable and that the entire process proceeds as planned. Customers gain from this as well because it guarantees that your product meets their needs and budgetary requirements, resulting in a product that is also marketable.
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hopfrog woodworks is an artisan woodworking shop that sells custom-designed and handcrafted woodworks such as boxes, birdhouses, signs, and plaques. the owner knows that his customers do not want pre-fabricated products made out of manufactured particle board. they are looking for products made of responsibly sourced, high-quality wood, where each handcrafted item reflects the personality of the customer that orders it. the most effective segmentation strategy for a company like hopfrog woodworks is
In a case whereby hopfrog woodworks works as an artisan woodworking shop that sells custom-designed the most effective segmentation strategy for a company like hopfrog woodworks is Behavioral marketing.
What is Behavioral marketing?Behavioral marketing can be described as the strategy that is been used by the company so that they can target the customers which is been done to focus ion the specific actions that the customer has taken on the website then this will now be used as a behavioral segmentation for the target specific consumers .
It should be noted that this Behavioral marketing do focus on the behaviors as well as the the way the customer perceive the product to work on their company so that they can have the attention of the target customer so that they can increase their profit as well a the way to improve their product for the potential customers.
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