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macroeconomics
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how can KIP create demand in Norway
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How Can KIP Create Demand in Norway?
Conclusion
In brief, Macroeconomics is a branch of economics that examines the overall market system
operation. In this case, KIP has to consider the epidemic of the coronavirus to succeed in his
demand creation. This can be achieved by integrating his marketing techniques to concur with
the current cosmopolitan market situation.
The company should ameliorate its internet technology for better validation. As the
outstanding caravan manufacturer, KIP can formulate his demand through validation. Validation
is the process in which the business makes sure that consumers are willing to sacrifice a portion
of their income to purchase the business products. In this case of the epidemic outbreak, KIP
should put more effort in online advertisement and promotion through websites and catalogs. To
expand, KIP should refine its business websites to keep close contact with the customers as well
as developing catalogs for product display. Consequently, the company would have created
demand.
Moreover, for demand inception success, KIP caravans should dispatch intensive online
competitive analysis of the Norwegian market. In doing so, KIP would be updated about the
market and open competition. The analysis advocates for KIP market competence, thus
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