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Prof. Bholanath Dutta/MBA/CMRIT/96323 18178 MODULE
Prof. Bholanath Dutta/MBA/CMRIT/96323 18178 MODULE

Marketing and Distribution
Marketing and Distribution

... is to convince consumers that a certain product will add to their utility. Utility is the ability of any good or service to satisfy consumer wants. Utility can be divided into four major types: form utility, place utility, time utility, and ownership utility. Form utility, created by production, is ...
MKT829 - National Open University of Nigeria
MKT829 - National Open University of Nigeria

... Pricing objectives should be derived from overall marketing objectives, which in turn should be derived from corporate objectives. Since it is traditionally assumed that business firms operate to maximize profits in the long run, it is often thought that the basic pricing objective is solely concern ...
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... is the interrelated collection of processes and ...
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MARKETING-BUYING DECISIONS BY CUSTOMERS

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Chapter 9 MARKET YOUR BUSINESS
Chapter 9 MARKET YOUR BUSINESS

Chapter 9 MARKET YOUR BUSINESS
Chapter 9 MARKET YOUR BUSINESS

... Long-term goals show where your business will be five, ten, even twenty years from now. Thinking about what you want to do in the long term can help you think about how to market the business today. ...
WHAT IS BUSINESS MARKETING?
WHAT IS BUSINESS MARKETING?

... groups, firms are forming partnerships to achieve goals that would be too costly, timeconsuming, or difficult to accomplish on their own. ...
Ch 1 PP
Ch 1 PP

...  Many businesses try to develop long-term relationships with their customers  Research has shown that it is less costly to keep a current customer that to get a new customer  As a result, many businesses focus on developing and maintaining those ...
Global Marketing and R&D
Global Marketing and R&D

... • Price discrimination: demand elasticity • Strategic pricing – predatory (quick share-of-market focus): • lower prices to drive competitors out, then raise prices ...
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... in a milk chocolate has ambition of catching kids, young people, but also earlier - born consumers. This bar is from our point of view more taste that healthy. 100 grams content 424 kcal/1782 kJ, 66,87 grams of total carbohydrate, 14,40 grams of fat and only 1 gram of the dietary fibre. Because of s ...
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Marketing problems of cottage industries

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Problem Identification

... on product differentiation and targeting niche markets, while at the same time simplifying the product line. ...
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PREFACE

... there are two categories of channels; (1) direct and (2) indirect. It is possible to use only one category or to use both methods simultaneously. Direct Distribution. Direct distribution is the most commonly used method for homebased entrepreneurs. This method is much less complicated than indirect ...
Chapter 2
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... Demographics are statistics that measure observable aspects of a population, including size, age, gender, ethnic group, income, education, occupation, and family structure. These descriptors are vital to identify the best potential customers for a good or service. Because they represent objective ch ...
VI Semester UNIVERSITY OF CALICUT B.B.A (MARKETING) - SPECIALISATION RETAIL MANAGEMENT
VI Semester UNIVERSITY OF CALICUT B.B.A (MARKETING) - SPECIALISATION RETAIL MANAGEMENT

... 47. __________ includes all of the activities involved in selling goods or services to those who buy for resale or business use. a. retailing c. bartering b. wholesaling d. Purchasing 48. A concept in retailing that helps explain the emergence of new retailers is called the ...
Marketing
Marketing

Marketing - Harris Academy
Marketing - Harris Academy

... quality product when customers look for good deals. Own labels are cheaper to customers as the price is always lower than that of regular brands. Whole brands can be tarnished over one product’s failure or problem. This can ruin reputation overnight. Run the risk of imitator brands, which can damage ...
Monopoly and Dominant Firms
Monopoly and Dominant Firms

Marketing Goals & Objectives
Marketing Goals & Objectives

... Involves the development of new products for existing markets to meet changing consumer needs • Product • Price and Place • Promotion ...
Industry Analysis
Industry Analysis

... market is either supermarkets being rebranded or health stores transitioning into supermarkets. Whole Foods strategy to dominating this industry was expanding through new store openings with an aggressive approach in its founding years. Whole Foods decreased their expected retaliation by gaining vol ...
The Economics of Vertical Restraints
The Economics of Vertical Restraints

... using more than the simple linear pricing rules that are the heart of most microeconomic textbooks. Instead, they are often governed by contractual provisions, referred to as vertical restraints, that not only set more general terms for payments (non-linear prices - two-part tariffs, quantity discoun ...
Analyzing the Influence of Sales Promotion on Customer Purchasing
Analyzing the Influence of Sales Promotion on Customer Purchasing

... on the purchase behavior of the firm’s consumers. It is continuously said that most types of sales promotions affect the decision-making and purchasing stages of the buying process directly that is affective in the long-run since it leads to increased sales and profit [12]. A sales promotion stimula ...
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Price discrimination

Price discrimination or price differentiation is a pricing strategy where identical or largely similar goods or services are transacted at different prices by the same provider in different markets. Price differentiation is distinguished from product differentiation by the more substantial difference in production cost for the differently priced products involved in the latter strategy. Price differentiation essentially relies on the variation in the customers' willingness to pay.The term differential pricing is also used to describe the practice of charging different prices to different buyers for the same quality and quantity of a product, but it can also refer to a combination of price differentiation and product differentiation. Other terms used to refer to price discrimination include equity pricing, preferential pricing, and tiered pricing. Within the broader domain of price differentiation, a commonly accepted classification dating to the 1920s is: Personalized pricing (or first-degree price differentiation) — selling to each customer at a different price; this is also called one-to-one marketing. The optimal incarnation of this is called perfect price discrimination and maximizes the price that each customer is willing to pay, although it is extremely difficult to achieve in practice because a means of determining the precise willingness to pay of each customer has not yet been developed. Group pricing (or third-degree price differentiation) — dividing the market in segments and charging the same price for everyone in each segment This is essentially a heuristic approximation that simplifies the problem in face of the difficulties with personalized pricing. A typical example is student discounts. Product versioning or simply versioning (or second-degree price differentiation) — offering a product line by creating slightly different products for the purpose of price differentiation, i.e. a vertical product line. Another name given to versioning is menu pricing.↑ ↑ 2.0 2.1 2.2 2.3 ↑ 3.0 3.1 3.2 3.3 ↑ ↑ ↑ ↑ 7.0 7.1 7.2 7.3 7.4 7.5 ↑ 8.0 8.1 8.2 ↑ 9.0 9.1 ↑ ↑ 11.0 11.1 ↑ ↑
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