subject
Business, 08.07.2021 09:00 Michaelpem1789

From the description give answers of the question below: Herb Marks had built his enterprise on the faithful patronage of four specialty shops and a large contract from Elmore Distributors. But after two years, the maker of novelty pens and pencils had to rethink his strategy when his two-year contract with Elmore ended.
Herb had built a company reputation on the manufacture and distribution of a variety of wooden writing utensils with customized engravings. Specialty shops loved to display the products in their fancy, lighted showcases, but such specialty shops—alone—were not profitable. Herb Marks had established a brand name, known merely as Marks, and decided to expound on it.
Herb extended his writing utensil lines to include quills, felt-tip pens, and multiple-cartridge pens that write in different colors. He even added a line of various grades of personalized stationery and business cards. Perhaps Herb’s biggest added touch, however, was the addition of two salespeople who would work to explain the diverse array of products offered by Marks, as well as nurture existing accounts.
“We make an excellent product,” Herb Marks stated, “and we honor a good guarantee on everything we sell. But let’s face it—we face hundreds of competitors! We need Marks representatives out there to help prospects understand what they should demand in something so simple as a writing tool.”
The Marks brand was fast-becoming synonymous with top-notch customer service. Part of the purchase package brought personal visits from the Marks representative, before the purchase and long after.

Q1. What are the Products produced by "Marks"? What is their market strategy?
Q2. Does organization marketing occur in this scenario? Explain. Give suggestions for improvisation.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:10
Strawberry plants reproduce by
Answers: 1
question
Business, 22.06.2019 06:00
Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr
Answers: 2
question
Business, 22.06.2019 11:00
Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?
Answers: 1
question
Business, 22.06.2019 22:40
The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?
Answers: 2
You know the right answer?
From the description give answers of the question below: Herb Marks had built his enterprise on the...
Questions
question
Mathematics, 30.01.2020 13:49
question
Mathematics, 30.01.2020 13:49
question
Chemistry, 30.01.2020 13:49