Arizona State University How to find Qualified Buyers In the US Discussion

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Nynwynar

Business Finance

Arizona State University

Description

Describe what activities would you follow to find qualified buyers for U.S. products

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Explanation & Answer

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Activities I would follow to find Qualified Buyers in the U.S
Quality products and need a new strategy that will make a successful entrance and
assimilation to the American market. Producers introduce their products to the market with
hopes that the buyers will accept it to achieve the expected payoff or profit. Seeking the
appropriate buyer is an essential requirement in running a successful business within the US
market. The first activity to follow when finding appropriate buyers is to conduct customized
research about the target market and different types of clients within the region. Customized
research studies help highlight the buying patterns of target clients before introducing a
product to the market fully (Diba et al., 2019). Data acquired from the research is used to
determine the most effective advertising strategies that will promote the product accordingly.
As the producer, I will be informed about the client’s expectations of the final product once it
is introduced to the general market. This would also help determine the rate of pricing and
distribution to apply within diffe...


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