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Business Evaluation Checklist: Marketing
Warranties
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Have appropriate disclaimers been included?
Service Policies
- Can after-sale services become a profit center?
Market Research
- Have target customers been identified?
- Are customers regularly surveyed to keep in touch with their needs and wants?
Competition
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Are competitors neglecting opportunities?
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Are competitors regularly shopped?
Marketing Measurement
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Can the costs of each marketing exercise be separately identified?
Advertising
- Are the number of sales needed to pay for each advertisement calculated?
Planning
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Has a certain business niche been identified?
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Are all advertising results monitored and recorded?
Price and Product
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Do services have features for which customers will pay more willingly?
Business Location
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Would this site be favorable five or ten years from now?
Advertising Format
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Does copy give basic facts about the product or service?
Print Advertising
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Are headlines aimed at target prospects?
Direct Mail
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Is direct mail supported with other media advertising?
Selling Techniques
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Does the business create a favorable buying climate?
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Do employees actively try to close the sale (ask for the order)?
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