1. Why
is labelling and
packaging of products important?
2. What are the appropriate marketing strategies that can be applied in selling enhanced or decorated finished products?
3. How do we compute for the profit?
is labelling and
packaging of products important?
2. What are the appropriate marketing strategies that can be applied in selling enhanced or decorated finished products?
3. How do we compute for the profit?
Add an Answer
More Questions From This User See All
Answers & Comments
Answer:
1. Labelling and packaging can be used by marketers to encourage potential buyers to purchase the product.
2. Marketing, often confused with advertising, promotions and public relations, is the function that guides the development and sales of products and services. Depending on your product or service, competition, budget and customer type, your small business can use one or more marketing strategy to grow your company.
3. When calculating profit for one item, the profit formula is simple enough: profit = price - cost . total profit = unit price * quantity - unit cost * quantity . Depending on the quantity of units sold, our profit calculator can also determine the total cost, profit per unit and total profit.
Answer:
1.The role of packaging and labeling has become quite significant as it helps to grab the attention of the audience. Labelling and packaging can be used by marketers to encourage potential buyers to purchase the product. Packaging is also used for convenience and information transmission.
2.
3.When calculating profit for one item, the profit formula is simple enough: profit = price - cost . total profit = unit price * quantity - unit cost * quantity . Depending on the quantity of units sold, our profit calculator can also determine the total cost, profit per unit and total profit.