Give applications of selling philosophy/concept.

Give applications of selling philosophy/concept.

---

1. It is used is used when firms have overabundance/ overcapacity of products that they have to sell in order to deplete their inventories. This situation is commonly referred to in marketing as the "buyer's market" - a market condition characterized by low prices and a supply of commodities exceeding demand.
2. This concept is typically practiced with unsought products, those that consumers don't ordinarily think of buying such as funeral insurance.

---

Lellah answered the question on November 3, 2021 at 08:38

Exams With Marking Schemes

• Grade 1
• Grade 2
• Grade 3
• Grade 4
• Grade 5
• Grade 6
• Grade 7
• Grade 8
• Grade 9
• PP1
• PP2
• Playgroup
• Form 1
• Form 2
• Form 3
• Form 4

Related Questions

---

• What are the limitations of selling philosophy/concept? (Solved)
  

  What are the limitations of selling philosophy/concept?

  Date posted: November 3, 2021 .    Answers (1)

• Define product philosophy/concept. (Solved)
  

  Define product philosophy/concept.

  Date posted: November 3, 2021 .    Answers (1)

• What does the product philosophy/concept focus on? (Solved)
  

  What does the product philosophy/concept focus on?

  Date posted: November 3, 2021 .    Answers (1)

• What assumptions does product philosophy/concept make? (Solved)
  

  What assumptions does product philosophy/concept make?

  Date posted: November 3, 2021 .    Answers (1)

• What are the limitations of product philosophy/concept? (Solved)
  

  What are the limitations of product philosophy/concept?

  Date posted: November 3, 2021 .    Answers (1)

• What are the limitations of production philosophy/concept? (Solved)
  

  What are the limitations of production philosophy/concept?

  Date posted: November 3, 2021 .    Answers (1)

• Give applications of production philosophy/concept. (Solved)
  

  Give applications of production philosophy/concept.

  Date posted: November 3, 2021 .    Answers (1)

• What assumption is production philosophy/concept based on? (Solved)
  

  What assumption is production philosophy/concept based on?

  Date posted: November 3, 2021 .    Answers (1)

• What does the production philosophy/concept focus on? (Solved)
  

  What does the production philosophy/concept focus on?

  Date posted: November 3, 2021 .    Answers (1)

• Define production philosophy/concept. (Solved)
  

  Define production philosophy/concept.

  Date posted: November 3, 2021 .    Answers (1)

• State six competing/alternative concepts under which business and other organizations conduct their marketing activities. (Solved)
  

  State six competing/alternative concepts under which business and other organizations conduct their marketing activities.

  Date posted: November 3, 2021 .    Answers (1)

• Define marketing orientation. (Solved)
  

  Define marketing orientation.

  Date posted: November 3, 2021 .    Answers (1)

• Briefly explain the forms of value/utility marketing creates and provides to the consumers. (Solved)
  

  Briefly explain the forms of value/utility marketing creates and provides to the consumers.

  Date posted: November 3, 2021 .    Answers (1)

• State and explain core marketing concepts. (Solved)
  

  State and explain core marketing concepts.

  Date posted: November 3, 2021 .    Answers (1)

• Briefly explain the different types of Channels of Distribution/channel structure. (Solved)
  

  Briefly explain the different types of Channels of Distribution/channel structure.

  Date posted: February 26, 2019 .    Answers (1)