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7. Insert prepositions.

A. When a company starts to sell goods … a new market, they often do some market research or a preliminary study to see if the project is feasible. They research the market potential or do a feasibility study to see if they will make money … selling … a new market (i.e. to see if the product is viable).

B. One way to assess the market potential is to take a stand … a Trade Fair where companies can exhibit samples … their products and see what response they get … prospective customers. The Trade Fair is an exhibition of goods and a company exhibits a sample of its product … its stand. This is also a form … publicity (or advertising) and the company representative will probably hand out publicity brochures to advertise (or promote) the product further. Often journalists (the press) write … the Trade Fair and sometimes companies hold a press conference if they want to promote a particular model or range. (Each different type of car, bike, etc. is a model. All the different models made … a company make up its range. The full range of goods is normally displayed … the company’s catalogue. The catalogue is a booklet or brochure.)

C. Another way … promoting (or publicizing) a new product is to place advertisements … magazines or newspapers. Advertisements are also called adverts or ads … short. A plan to do a lot of advertising … one product is called a campaign. Starting an advertising campaign … a new product is known as launching the product.

D. The aim … promotion is to interest customers (or buyers, or clients) … the product. Initially customers might make enquiries … the product. When they decide to buy, they place an order. … a Trade Fair companies are trying to win (obtain) as many orders as possible. However, … a client places an order he wants to know many things: how long delivery takes, whether the company can supply replacements and spare parts, what the after sales service is like, etc. (All the individual parts … a model are called components. If one … the components breaks the customer will want a replacement spare part. If the product is complicated, skilled workers might be needed to fit spare part or to service or maintain the machinery. Any maintenance or servicing the company does … it has sold the product is called after sales service.)

b) Answer the questions.

1. Why does a company do some preliminary study when it starts to sell goods on a new market?

2. What are the ways to assess market potential?

3. What forms of promotion are used at Trade Fairs?

4. What is launching the product?

5. What is the aim of any promotion?

6. What are the customers usually interested in?

8. From the text write out different Degrees of Comparison of Adjectives or Adverbs. Translate them into Russian.

9. In the text find the words which describe or mean the following:

  • movable articles (e.g. clothes, food, kitchen materials, etc.) which can be owned, bought or sold;

  • a business or organization doing useful work or supplying a need;

  • something one must have;

  • business company;

  • a general idea, thought or understanding;

  • a large shop divided into departments, in each of which different type of goods is sold.