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504 15 Mktg Communic..
504 15 Mktg Communic..

...  Word-of-mouth marketing  Personal selling ...
Chapter 18 Personal Selling and Sales Management
Chapter 18 Personal Selling and Sales Management

... of the distribution channel, and consumer promotions, aimed at consumers. o Sales promotion popularity factors:  short-term results  competitive pressure  buyers’ expectations – once offered incentives, you begin to expect it  low quality of retail selling – only effective promotional tools avai ...
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Horticultural_Marketing

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Chapter 12 Monopoly I. Market Power A. Market power and

... required to practice law. Licensing doesn’t always create a monopoly, but it does restrict competition. iii) A patent is an exclusive right granted to the inventor of a product or service, and a copyright is an exclusive right granted to the author or composer of a literary, musical, dramatic, or ar ...
Chapter 2
Chapter 2

... customers with current products. How? Cut prices, increase advertising, get products into more stores. • Market Development: develop new markets with current products. How? Identify new demographic or geographic markets. ...
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Horticultural Marketing

... Wen-fei Uva Senior Extension Associate Department of Agricultural, Resource, and Managerial Economics Cornell University ...
Monopolistic Competition
Monopolistic Competition

... • There is no excess capacity in perfect competition in the long run. • Free entry results in competitive firms producing at the point where average total cost is minimized, which is the efficient scale of the firm. • There is excess capacity in monopolistic competition in the long run. • In monopol ...
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Monopolistic Competition

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... • There is no excess capacity in perfect competition in the long run. • Free entry results in competitive firms producing at the point where average total cost is minimized, which is the efficient scale of the firm. • There is excess capacity in monopolistic competition in the long run. • In monopol ...
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Marketing Agricultural Products and Services

... is essential and that a brand image is ever-evolving. b. Emotion can equal profit for the company when customers have a positive experience each time they come in contact with the brand. 3. Once a brand is established for a customer, the brand promise must be kept each time the customer encounters i ...
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How market research supports the new product

... as or better than the brand they normally used. This gave a measure of how likely the consumer would be to swap brands. The results of the test were very positive. Most consumers loved the fragrance and the feel of the product on their skin. They felt it performed as well as their current deodorant. ...
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... d. Electronic wholesaling e. Mobile vending ____ 35. A(n) _____ is a continuing relationship in which an individual or business grants business rights to operate or sell a product to another individual or business. a. leasing contract b. alliance for profit c. brokered partnership d. franchise e. c ...
Personalization, Customization and Choice
Personalization, Customization and Choice

... strategies may differ in terms of offering discounts to own vs. the rival’s customers. In that case, Shaffer and Zhang (2000) show that personalized pricing can alleviate price competition and benefit firms (earn higher profits in equilibrium). In a more general model, Shaffer and Zhang (2002) cons ...
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... ▸Changes in production costs ▸Prices of related goods ▸Number of sellers in the market ▸Future expectations of price ▸Past performances of price ...
Chapter 5 - WTPS.org
Chapter 5 - WTPS.org

... a good or service and cannot be used by anyone but the owner  Copyright: anything that is authored by an individual (ie: books, music, art) ...
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finalterm examination

... The two components of a marketing strategy are _______. A) Marketing objectives and promotion B) Marketing mix and marketing objectives C) Target market and marketing mix D) Target markets and promotions ...
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1. INTRODUCTION

... market share, product innovation, customer orientation, entering high growth market and such strategies no longer give a guarantee of success. Customer is no longer a "King". He is an emperor. Marketing jargon now has a host of previously unheard of expressions. Designing an effective marketing mix ...
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... a commodity traded on the futures market. But such a market does not now operate so the claims are only conjectures. Mandatory Reporting of Market Information When markets are thin or when the amount of information is nonexistent because of direct marketing, vertical integration or contract purchase ...
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... submissions? Or send samples to catalogue companies? What do your competitors do, and how can you learn from that and/or differentiate? Identify which type of distribution you will be using. Intensive distribution A marketing strategy under which a company sells through as many outlets as possible, ...
SEGMENTATION – TARGETING – POSITIONING
SEGMENTATION – TARGETING – POSITIONING

... market offerings along similar attributes in the same target segment 2. differentiation positioning – less competitive, smaller market niche in which to locate a brand PERCEPTUAL MAPS 1. identify important attributes for a product class 2. judge existing brands re these impt attributes 3. ratings of ...
Marketing Awareness
Marketing Awareness

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Pricing strategies

A business can use a variety of pricing strategies when selling a product or service. The price can be set to maximize profitability for each unit sold or from the market overall. It can be used to defend an existing market from new entrants, to increase market share within a market or to enter a new market. Businesses may benefit from lowering or raising prices, depending on the needs and behaviors of customers and clients in the particular market. Finding the right pricing strategy is an important element in running a successful business.
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