Question

ONLY ANSWER IF YOU KNOW WILL MARK BRANLIEST MAX POINTS

Answer 1

Answer:

1. Fans are different from customers because fans are more willing to spend money to support their idols. Fans are also different from customers because fans do more advertising because the items they buy have more logos from the things they are supporting. Fans are different from customers because customers will only buy one product from a certain company but a fan is more likely to buy multiple products to show their support for the group.

2. Some factors that affect the demand of an item are the items supply, if there are very few copies of the items it will be seen as a collectible thus allowing it to be sold at a high price. Another factor that could affect the demand for a product is price changes for related products, this affects the demand for a product because people won’t want to buy a product if it is not the cheapest or highest quality items on the market. Another factor that could affect an item's demand is how many consumers there are. If there are few consumers in the industry then chances would be that people wouldn’t buy the item. Another factor that could affect the demand of an item is the income of the product’s consumers, if the consumers of the product aren’t making money and the company doesn’t change the price of the product then people won’t be able to afford the product.

Explanation:

Answer 2

1. Customers buy your product but fans buy and love it. Fans will enthusiastically promote the product to friends and family, will loyally continue to buy without having to be convinced, and will support the company and it's decisions with little hesitation because of how much they love the product.

2. Some factors affecting demand are price, quality, available substitutes, and consumer income.

3. People want a distraction from financial hardships.

4. If the core product is good, it increases the perceived value of ancilliary products. So people who buy an iPhone are more likely to value the other apple products more highly.

5. Event marketing increases brand visibility and gets large groups of people excited and talking about the product.

6. It depends, there are absolutely other things that they could spend millions on but the Superbowl ads are the most-watched ads of any US event so the exposure is generally worth more.

7. It increases brand visibility, recognition, and associates it with someone successful and popular.

8. There are arguments for both. Marketing yourself can get you far, increase your exposure, and help promote your career but at some point if you don't back it up with talent and results it won't matter.

9. This might level the field for athletes who shouldn't get an unfair advantage over each other but there is little relation to marketing without more context.

10. They bring in a lot of money and visibility for the company.