Sales Mix

Sales Mix

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video tutorial explains the concept of a sales mix, which is the array of products a company sells and the proportion of overall sales each product accounts for. It highlights the importance of understanding the sales mix to ensure products are profitable and to identify areas for improvement. The sales mix reflects product popularity through revenue generation, guiding marketers in strategic decision-making.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the primary responsibility of marketers regarding the sales mix?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What should marketers do with products that are not selling well?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the sales mix reflect product popularity?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What might indicate areas for improvement in a company's sales mix?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is it important for marketers to understand their company's sales mix?

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OFF

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