For Phase by Introduction of Goods & Services, Use an Example

question 4

Essay

For Phase by Introduction of Goods & Services, use an example of a campaign to influence homeowners to plant native plants. Give two potential phases for the campaign.

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Definitions:

Existing Customers

Individuals or entities that have previously purchased from a company, considered crucial for repeat business and loyalty building.

Sales Forecast

An estimation of the revenue a company expects to generate within a specific time frame, based on historical data, market analysis, and other factors.

Units

In business, refers to the individual items or a standardized measurement of quantity that can be counted to assess inventory, production, or sales.

Product

A good, idea, method, information, service, or object created as a result of a process and serves a need or satisfies a want.