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sample-questions-from-test-bank
sample-questions-from-test-bank

... hh. How can marketers use social networks, brand communities, and weblogs to locate new customers and target them? ii. Compare the advantages and disadvantages of the four methods of measuring opinion leadership. jj. How can companies strategically use buzz agents and viral marketing? Illustrate wi ...
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... Distribution – methods used to get goods from a business to a customer Channel of Distribution – path products and services use to move from the producer to the consumer Direct channel – distribution method which producers sell directly to final consumers Indirect channel – distribution method invol ...
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... to a wide variety of potential customers. Due to this, variety marketing had to be changed in order to persuade a wide audience with different needs into buying the same thing. It has developed over the years into a worldwide multi-billion dollar industry. Although sagging in the Great Depression it ...
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... Planning Phase – Situation Analysis  This is a complete analysis of the firm’s situation which assesses internal strengths and weaknesses and external threats and opportunities (SWOT)  Internal analysis (controllable factors) – assess the firm itself to identify strengths and weaknesses  Externa ...
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... • ACORN (A Classification Of Residential Neighbourhoods) is a system that segments markets according to a wide variety of types of households and the characteristics of the families that live in them. It can be done by post code and better informs businesses on where to set up and where to target ce ...
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Chapter 14 - Promotion and Pricing Strategies

... Types of Advertising • Product advertising Messages designed to sell a particular good or service. • Institutional advertising Messages that promote concepts, ideas, philosophies, or goodwill for industries, companies, organizations, or government entities. • Cause advertising Form of institutional ...
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... Requests for academic accommodations are to be made during the first three weeks of the semester, except for unusual circumstances. Students are encouraged to register with Disability Services Center to verify their eligibility for appropriate accommodations. Course Outline Part 1–Defining Marketin ...
< 1 ... 580 581 582 583 584 585 586 587 588 ... 693 >

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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