Commerce JAMB

The main frame of selling directly to the consumers by manufacturers is to?

A. reduce transportation cost
B. make contact with individual consumers
C. discourage the activities of middlemen
D. maximize profit margin

Correct Answer:

Option B – make contact with individual consumers

Explanation

Direct selling allows you to further reinforce MSRP (manufacturer’s suggested retail price) and communicate directly with consumers about price points. Selling direct allows you to collect a goldmine of data. Better customer data leads to better promotions, better products, better relationships and more sales.

Sunday

Share
Published by
Sunday
Tags: Commerce

Recent Posts

EME 405 Theory Questions: Management Accounting And Functions

400 Level  Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…

5 hours ago

EME 405 Theory Questions: Basic Accounting Conventions

400 Level  Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…

5 hours ago

EME 405 Theory Question: Qualities And Objectives Of Financial Accounting

400 Level  Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…

5 hours ago

EME 405 Theory Question: Basic Accounting Conventions

400 Level  Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…

6 hours ago

EME 405 Theory Questions: Budgeting Process in Nigerian Education ​​

400 Level  Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…

6 hours ago

EME 405 Theory Question: Qualitative Factors in Decision Making

400 Level  Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…

6 hours ago