Identify the 2 types of marketing variables
Answers
Two types of marketing variables are-
1. Dependent types of variables
2. Independent types of variables
Explanation:
1. Dependent variables- This type of variable can not be controlled . One can see coordinate impacts of autonomous factors on subordinate factors , since of this reason they are moreover alluded to as reaction factors. The components like deals development , deals income , an normal estimate of exchange , unused client request and same- store rehash deals are illustrate of subordinate factors.
2. Independent variables- This types of variable is controlled in nature. Advertiser employments these factors to control the subordinate variable to gage the alter. The components like cost, advancement fashion, item etc. are some illustration of free factors since these components can be altered by a advertiser at any point in time.