Describe a value proposition and provide an example


Questions:

1. Question :  Describe a value proposition and provide an example. How important is value to the consumer?

2. Question :  How would you describe relationship marketing? Why are these relationships so important to successful marketing?

3. Question :  What are the similarities and differences between holistic marketing and integrated marketing communications?

4. Question :  Describe Michael Porter's value chain model. What makes this an effective approach?

5. Question :  What key elements should be covered when writing a good mission statement? What is the purpose of a mission statement?

6. Question :  What is the difference between primary and secondary research methods? Provide an example of how each of these could be used.

7. Question :  Write out two different examples of closed-end questions you might use for a market research survey.

8. Question :  Putting surveys aside, what other market research methods could be used to gather data? Please describe at least three.

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