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Chapter 5
Chapter 5

... Usage rate: segmentation as light, medium, and heavy product users. ...
Strategic Planning and the Marketing Process
Strategic Planning and the Marketing Process

...  The company’s strategic plan establishes what kinds of businesses the company will be in and its objectives for each.  Then, within each business unit more detailed planning must take place.  There is much overlap between overall company strategy and marketing strategy. Marketing looks at consum ...
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... well being. • Firms make marketing decisions in an ethical and socially responsible manner. • Practise Green Marketing ...
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... • Occurs when firms competing at the same level of business reach an agreement to divide the market to eliminate competition among those firms. • These are often held to violate antitrust law. • An activity that is legal if undertaken by a single firm may be illegal if undertaken by a group of firms ...
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... Sales/Marketing Operations: Ensuring territory coverage to touch all opportunities on a scheduled basis. Developing processes to obtain leads through sourcing opportunities to leverage prospects/clients. Developing & executing effective marketing plans to assure achievement of agreed-to volume, mark ...
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... through said coordination, companies can avoid duplication, benefit from the synergy between their means of promotion, and develop more effective and efficient forms of marketing communications. It can be argued that the use of IMC is one of the easiest ways for a company to maximise the return on i ...
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Market the Small Business - Part 1 - NSW E

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... Positioning  A distinctive place in the mind of the consumer  Identifying the unique features of the product/ service  Differences with respect to competition  Selecting differences having a greater competitive advantage  Communicating the best advantage to the consumer ...
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... Here the firm goes after the ‘individual’ in every customer rather than the customer in every individual. This is the practice of tailoring products and marketing programs to the needs and wants of specific individuals and local customer groups. Local Marketing: Focused on local customer groups, Thi ...
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Marketing for Wood Products Companies

... Another great example of this total product concept is illustrated by up-scale restaurants. Let’s face it, a USDA grade A choice cut steak is just that, regardless of where you get it. However, atmosphere, superior service, and prestige might be reasons for eating that steak at an up-scale restauran ...
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Selling to Grocery Stores in North Carolina

... grown produce.2 Other formal and informal surveys revealed similar objections from grocery buyers for both fresh and processed foods. Requirements for meats, value-added, or processed products should also be obtained from the grocer. Produce should be graded, cleaned and packaged according to a buye ...
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... that already exists somewhere and is outdated that does not currently exist in an organized form that already exists somewhere and was collected for another purpose used by competitors that the researcher can obtain through surveys and observation ...
Marketing task
Marketing task

... new businesses trying to get a ‘toehold’. Creaming – the opposite to penetration pricing, this involves charging a deliberately high price to persuade people that the product is of high quality. Luxury car makers often use this strategy Cost plus Pricing – this is the most common form of pricing. Co ...
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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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