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FY Mktg Mix DISTRIBUTION
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... imported products in their respective countries. In many cases they are experts on particular markets of interest.  Agents specialize by customer type or by product and product line. ...
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... Different customers have different needs. They do not all require the same product or product benefits, and not all customers will buy a particular product for the same reasons. Market segmentation allows you to consider the markets you are actually in and the markets you should be in. It is useful ...
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... we’ve found is to determine our key performance indicators, and then measure how we are doing against them on a regular basis. This allows us to optimize and expand those programs that are working, while pulling back on those that are not. In today’s hyper-competitive business landscape, most market ...
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... services. This is the case with gift-giving behaviors. Gift giving is at the heart of a enormous amount of consumer behavior, and the retail industry often lives or dies by its sales of gifts during Christmas and other important international holidays. In the United States, for example, consumers sp ...
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... The movement of products between places is one of the most important functions at every stage. Quick and efficient transportation of produce to the desired place had direct bearing on the operational efficiency in marketing. Transportation is essential for certain of place utility which helps in tim ...
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... (such as electricity). In other words, you need to make a profit and cover your costs! Items that are sold in stores are marked up, as the retailer needs to make money on the items it sells. Chapter 7: MARKETING ...
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... • Is the foundation for the consistency of your message across all channels • Helps to identify an association’s intangible services • Enables associations to extend their reach - when you offer a new product or service using your existing recognized brand, potential users can use the brand as short ...
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... the climate threat is different. No warning signals will be activated in the brain as long as the threat does not immediately affect our local environment or us directly. The cost for acting in an environmentally friendly way today may be perceived as a sacrifice and a cost, while the yield not only ...
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... product ideas. Some typical criteria are: potential estimated demand for the product, cost/revenue expectations, fit with the organization’s business and marketing strategy (you may want to go back and review compatibility in the discussion of requirements for effective segmentation in Chapter Three ...
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... about ethical matters in areas where there is a distinct right and wrong, but relatively little written about how to make decisions when the ethical issue isn’t as black and white. When marketing a product, it is one’s hope that ethical issues are typically not inherent to the marketer; however, whe ...
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... dimension for firms that try to be market oriented, as it aims to manage objectives, capabilities and resources in line with changes in market opportunities. Therefore, a marketing strategy aims to shape the product business in the best way to obtain profits (Kotler, 2004; Kohli and Jaworski, 1990). ...
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... a single, primary target market and focuses all its energies on providing a product to fit that market’s needs. Differentiated segmentation strategy: When firms target several market segments with a different offering for each. Lifestyles: How we live our lives to achieve goals. Micromarketing: When ...
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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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