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Principles of Marketing
Principles of Marketing

... with promotion; start off with defining specific objectives, determine tasks needed to achieve with those objectives, estimate costs of performing these tasks.. The advantage of this method is that it forces management to spell out its assumptions about the relationship b/w dollars and promotion ...
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... There are some prices which is changed daily like shares, gold prices, currencies prices etc. To change price there are strategic or technics reasons, which I will discuss it later on this seminar paper. Pricing decisions supposed to make a profit margin and the right or probable price with take car ...
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... Distribution includes all the various activities the company undertakes to make the product accessible and available to target customers. It involves the marketing channel and physical distribution. Marketing channel makes the product available to the customers. Physical distribution makes the produ ...
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... Justification for establishing a direct marketing outlet is based primarily on the producer’s desire to increase the financial returns from farm production. This opportunity for increased returns stems from 1) opportunities ...
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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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