Which of the following is among the 13 competitive factors that affect each company's branded footwear sales volumes and market shares in each of the four geographic market regions?

A. The number of discount-price sales promotions on athletic footwear that each company's footwear retailers have annually.

B. The length of the warranties covering defective materials or workmanship that each footwear maker elects to provide on each branded pair purchased by buyers.

C. The percentage of a footwear-maker's models/styles that have retail prices under $100.

D. The size of the percentage price discount off the standard retail price that footwear companies offer people shopping for athletic footwear at their websites.

E. The number of retailers stocking each company's footwear brand and the number of weeks each company takes to deliver orders to retailers.

The length of the warranties covering defective materials or workmanship that each footwear maker elects to provide on each branded pair purchased by buyer affects the company's branded footwear sales volumes and market shares in each of the 4 geographic market regions

Market refers to a place or platform where goods and services are bought and sold.

When it comes to determining the success of a company's branded footwear sales and market share, there are 13 competitive factors to consider.

These factors impact the company's performance in different geographic market regions, meaning that the company's success may vary from one region to another.

One of these factors is the number of discount-price sales promotions on athletic footwear that each company's footwear retailers have annually.

This factor is important because sales promotions can attract customers and increase the company's market share. The mathematical expression for this could be represented as follows:

Market share = (Number of sales promotions) / (Total number of sales promotions in the market)

Based on this fact, the correct option is (b).

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KatnissBrown KatnissBrown · Answer 2 · 2024-07-11T18:46:19-04:00

Final answer:

The percentage price discount offered on a company's website is a competitive factor that impacts branded footwear sales volumes and market shares in the footwear industry.

Explanation:

Among the 13 competitive factors that affect each company's branded footwear sales volumes and market shares in various geographic market regions, d. the size of the percentage price discount off the standard retail price that footwear companies offer people shopping for athletic footwear at their websites is one of these factors. This discount strategy is used to attract online customers who are seeking cost savings and value for money when purchasing footwear. The influence of price competition and marketing strategies are crucial elements in a company's success in increasing its market share and sales volumes in the competitive footwear industry. Factors such as the intensity of rivalry among firms and advertising strategies, like the physical aspects of a product promoted in advertisements, play significant roles in differentiating products and influencing consumer buying behavior.