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European Journal of Marketing
European Journal of Marketing

... generally addresses only our higher senses, sight and hearing, and tends to neglect the other senses (Lindstrom, 2005; Krishna, 2010). Instead of concentrating solely on sight and hearing, it would also be worth trying to take advantage of the other senses, such as taste, to increase the appeal and ...
Strategic Mkt Man Ch..
Strategic Mkt Man Ch..

...  Spread business risk across a wider market base  Capitalize on an firm’s distinctive competencies and capabilities  Lower costs and achieve operating efficiencies, thereby enhancing a firm’s competitiveness © 2010 Pearson Education, Inc. publishing as Prentice Hall ...
Making Product Decision
Making Product Decision

... Product Idea: An idea for a possible product that the company can see itself offering to market Product Concept: A detailed version of the idea stated in meaningful consumer terms. Concept Testing: Testing new product concepts with a group of target consumers to find out if the concepts have strong ...
General
General

... Process and organizational innovations differ from product innovations in terms of the implementation of ideas. Process and organizational innovations have an internal focus, i.e., they are most often implemented within the company Product innovations are embedded into products and launched into ext ...
MARKETING MIX POLICIES IN FMCG CASE
MARKETING MIX POLICIES IN FMCG CASE

... identified twelve controllable marketing elements that, properly managed, would result to a “profitable business operation”. Jerome McCarthy (1964) reduced Borden’s factors to a simple fourelement framework: Product, Price, Promotion and Place. Practitioners and academics alike promptly embraced the ...
Chapter Questions and Activities
Chapter Questions and Activities

... of target customers. The number of separate items within the same category determines the product line length. We describe a large number of variations in a product line as a full line that targets many customer segments to boost sales potential. A limited-line strategy, with fewer product variation ...
MKT 521 02W: MARKETING MANAGEMENT  Summer I - 2014
MKT 521 02W: MARKETING MANAGEMENT Summer I - 2014

... Microsoft Office 2003/2007 and post it in the appropriate ―Dropboxes when they are due. The final exam will open at the end of the semester and can be found under the Week 5 tab. ...
The Oxford Future of Marketing Initiative
The Oxford Future of Marketing Initiative

Market representations in industrial markerting: Could representations influence strategy? Linköping University Post Print
Market representations in industrial markerting: Could representations influence strategy? Linköping University Post Print

... network (long-term or short-term), and one that understands its markets based on profitability (high or low). These differing conceptions may contribute to very different business decisions between these firms; for example, the firm that views its market through the lens of relationships is more li ...
Brief Analysis of Marketing Innovation in Photovoltaic Industry of Xinyu City
Brief Analysis of Marketing Innovation in Photovoltaic Industry of Xinyu City

... guide which either integrating related enterprises’ resources in xinyu city and releasing related policy or supporting in aspects of capital and market. 4.2 To building a strong entrepreneurs team Entrepreneurs are the subject of innovation who engage in operation innovation, take risk and manage en ...
Using Marketing Research and Positioning Techniques to Create
Using Marketing Research and Positioning Techniques to Create

... research data in a visual manner. Early work in this field was detailed by Shocker and Srinivasan (1979), who concluded that this methodology helps provide marketers with “…an understanding of the structure of customer decisions with respect to the market offerings of a firm…” (1979: 159). This enha ...
Solomon_6e_PPT_Student_07
Solomon_6e_PPT_Student_07

... as much detail as possible  Differentiate customers by their needs and value to the company  Interact with customers; find ways to improve cost efficiency and the effectiveness of the interaction  Customize some aspect of the products you offer each customer ...
this PDF file - Toulon Verona Conference
this PDF file - Toulon Verona Conference

298C Ch 7
298C Ch 7

... the Marketing Mix Mass Customization: – Marketing communication messages tailored to individuals and delivered electronically. – Customers who can customize to meet their individual needs are more likely to use that company’s products and services over time. ...
Chart Your Course to Business Success
Chart Your Course to Business Success

... • How do you sell your products or services? ...
Companies receiving unwanted marketing v1
Companies receiving unwanted marketing v1

... Registering with the CTPS prevents unsolicited marketing calls. It will not prevent organisations from calling your company if you have asked them to do so, as these calls would be solicited. They can also still call you if you have specifically opted in to receive marketing calls from them. In othe ...
Brand Extension
Brand Extension

... unions, government, local communities, and customers. d. Are timeless and should not change due to short-term financial, operational, or strategic concerns. e. Guide the organization’s conduct. f. Must be supported by the chief executive officer and board of directors. 2. Mission. By understanding i ...
Product
Product

... Product Idea: An idea for a possible product that the company can see itself offering to market Product Concept: A detailed version of the idea stated in meaningful consumer terms. Concept Testing: Testing new product concepts with a group of target consumers to find out if the concepts have strong ...
kotler01_crsr
kotler01_crsr

... Human welfare, want satisfaction, and profits are the three considerations underlining the concept known as _____. 1. societal marketing 2. customer-driven 3. sales-driven 4. production ...
Keegan_6e_06_im - Glendale Community College
Keegan_6e_06_im - Glendale Community College

... • Individuals must have access to information collected about them and must be able to correct or delete inaccurate information. Databases called data warehouses are frequently an integral part of a CRM system. Behind the familiar interfaces, however, is specialized software capable of performing mu ...
1 Course Summary
1 Course Summary

... This Course Program establishes minimum requirements for skills and knowledge of the student and determines the content and the forms of educational activities and reporting. The Course Program is designed for lecturers, teaching assistants and students of Master Program 080200.68 ‘Marketing’. The C ...
Factors Leading to Marketing`s Limited Role in Many High
Factors Leading to Marketing`s Limited Role in Many High

... Their potential customers are the Baby Bells and other phone companies, but they have to help these customers understand the potential end market for video on demand services and the advantages and disadvantage of various technical approaches to providing these services. Interpreting Market Informa ...
Marketing is _____.
Marketing is _____.

... Human welfare, want satisfaction, and profits are the three considerations underlining the concept known as _____. 1. societal marketing 2. customer-driven 3. sales-driven 4. production ...
An exploratory study of entrepreneurial marketing in SMEs the role
An exploratory study of entrepreneurial marketing in SMEs the role

market segments
market segments

... such as management philosophy, decisionmaking structures, purchasing policies. Micro • What term refers to using a number of different variables to develop a rich profile of a target group of customers? Multivariate segmentation ...
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Marketing channel

A marketing channel is a set of practices or activities necessary to transfer the ownership of goods from the point of production to the point of consumption. It is the way products and services get to the end-user, the consumer; and is also known as a distribution channel. A marketing channel is a useful tool for management, and is crucial to creating an effective and well-planned marketing strategy.Another less known form of the marketing channel is the Dual Distribution channel. This channel is a less traditional form that allows the manufacturer or wholesaler to reach the end-user by using more than one distribution channel. The producer can simultaneously reach the consumer through a direct market, such as a website, or sell to another company or retailer that will reach the consumer through another channel, i.e., a store. An example of this type of channel would be franchising.Roles of marketing channel in marketing strategies Links producers to buyers. Influences the firm's pricing strategy. Affecting product strategy through branding, policies, willingness to stock. Customizes profits, install, maintain, offer credit, etc.↑ ↑ ↑ ↑ 4.0 4.1
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