Hotels and restaurants fall into the category of the hospitality service industry. It’s one of the most successful businesses across the world, and it contributes billions of dollars to the global economy. Hundreds of thousands of people are employed and dependent on this industry. The tourism industry wouldn’t have become successful if it wasn’t for the hotels. In the ear …
What is Business Marketing? Business marketing is a process through which a business markets and then sells its products and services. Government, private or public institutions, or commercial businesses and organizations use business marketing for the promotion, selling or reselling. Business marketing also goes by many names like business to business marketing, industrial marketing, and business to government marketing. Importance …
In the current competitive business environment, increasing online sales is the principal and foremost objective of multiple business, regardless of whether large or small. It does not matter either you manage small family owned independent retail business such as mom-and-pop stores or work for a gigantic online commerce companies like Alibaba and Amazon, increasing sales through online networks is relatively …
Have you ever thought about why companies and businesses provide offers to loyal customers or new customers? It is all about customer segmentation. If the business or a company is big or even has a low customer base, then it would be very difficult to cater to the needs and requirements of all the customers. Even to approach the less …
If someone asks you to market the product of some well-established company; but you’re busy and you have got enough on your plate. However, you ask your friend to do this job who is very well familiar with marketing activities. Therefore, he not performs the task but also does it so well that the business profits from it for a …
What is a Startup Company? When an entrepreneur launches a business project to find developing growth and a valid scalable model, as we know that entrepreneurship means self-employment and a new business that never plans to become legal and registered, but startup business always aims to go beyond, become big, and have more founders. Some of the start-ups are worth …
Introduction Australia is a vast beautiful country and a continent comprising of some other smaller Islands. The landscape of the country is so diverse that it has beaches, deserts, tropical forests and a variety of plant species and wildlife. Australia is the world’s 6th biggest country in terms of size and area. Canberra is the capital of the country, and …
Sale is the process comprised of all the activities that a business performs to sell its product and service. Multiple parties involved in the sales process and they’re as follows; Buyer. It’s the person who wants to purchase. Seller. It’s the person who wants to sell. Product/services. It’s the commodity that brings buyer and seller at one platform. Sale process. …
The idea of marketing concept is to find out the needs and wants of customers, and then try to satisfy them better than competitors. Nowadays, most businesses and companies follow this ideology, but it hasn’t been the same in the past. Main points of the marketing concept are; Finding the right target market Trying to understand the needs and wants …
Product is any piece of thing or an item that you purchase it from the market in the exchange of cash or any monetary item. A product comprises of many things like furniture, computer, table, chair, house, electronic gadgets, etc. Product is something that people can buy and sell in the exchange of money when money circulates in the society …
