Explore BrainMass

Explore BrainMass

    elements of the marketing strategy

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    This job fully describes how increased budget has an effect on the 5 elements of the marketing strategy.

    © BrainMass Inc. brainmass.com March 4, 2021, 5:47 pm ad1c9bdddf

    Solution Preview

    It would be great to target every segment of the population, but unfortunately that is unfeasible due to the lack of resources. Targeting is very costly, as it involves conducting research, sending out surveys, compiling statistical information. Therefore, the limit to the capacity to target is dependent on financial resources.
    Promotion is a key aspect, yet it is costly. ...

    Solution Summary

    Budget increases are examined.