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MARKETING TERMS _ CONCEPTS RELATIVE TO
MARKETING TERMS _ CONCEPTS RELATIVE TO

... Events & experiences – Uses a time-specific event or the creation of an experience through the focused efforts of combining multiple goods and services for the consumer. Public relations – Programs that are designed to promote or protect a company’s image or its individual products. Personal selling ...
Pricing Techniques - St Aloysius` College
Pricing Techniques - St Aloysius` College

... When the type of product or service is decided, it’s price must also be considered. Important factors include the following: Price of competitors’ products; Quality of product; Cost of materials and labour used; Type of market. e.g. Luxury products such as perfume will charge high prices, which are ...
MARKETING AND THE ORGANIZATION`S PURPOSE
MARKETING AND THE ORGANIZATION`S PURPOSE

... • A bold use of market-like mechanisms for those parts of the public sector that cannot be transferred directly into private ownership • Intensified organizational and spatial decentralization of the management and delivery of services • A constant rhetorical emphasis on the need to improve service ...
Consuming class
Consuming class

... Building long term relationship Look at Management of Customer Relationships Customer Equity Relationship risk Build competitive advantages using relationships ...
Develop a foundational knowledge of PRICING to understand its
Develop a foundational knowledge of PRICING to understand its

... – Measure of how sensitive customers are to changes in price • Gauges relationship between market demand and price ...
RESUME - Eastman Hand Tools
RESUME - Eastman Hand Tools

... company while streamlining overall operations pertaining to business development. Spearheading efforts in handling dealers & sub dealers network of Karnataka. Responsible for putting the stall at high end exhibitions related to plumbing, industrial & HVAC. Developing a competitive business developme ...
Ch 17
Ch 17

... Forward Buying and Diverting Forward Buying ...
Pep stores case study - UCT Graduate School of Business
Pep stores case study - UCT Graduate School of Business

... intended to stimulate classroom discussion about profitable opportunities in low-income markets. It has evolved during three years of use in our MBA programmes,” said Burgess. The research focuses on the upward mobility of many South African low-income consumers and its effects on Pep Stores marketi ...
Develop a foundational knowledge of PRICING to understand its
Develop a foundational knowledge of PRICING to understand its

... – Measure of how sensitive customers are to changes in price • Gauges relationship between market demand and price ...
Buying In -- The Secret Dialogue Between What We Buy and Who
Buying In -- The Secret Dialogue Between What We Buy and Who

... “Pretty Good” problem, in which today’s manufacturing technologies have led to the situation where most products are pretty good. The functionality, consistent quality, and features of most modern products generally meet consumer expectations. As a result, organizations have great difficulty truly d ...
Lecture 20
Lecture 20

... • .. “interpersonal communication process by which a seller ascertains and then satisfies the needs of a buyer to the mutual long-term benefit of both parties.” ...
CHAPTER 6
CHAPTER 6

... Should “Mattress Mac” change his advertising message on TV? ...
Advertising - Rockdale County Public Schools
Advertising - Rockdale County Public Schools

... • Ads are crated to convince people to think or do something in particular. • For example, a sneaker company’s point of view might be that you can’t be a real athlete without special shoes-their shoes. ...
Sports_and_Entertainment_Marketing
Sports_and_Entertainment_Marketing

... profits increase. Target market is aware and buying product. • During growth stage of American Idol, similar shows popped up like America’s Got Talent. Success of one makes others want to do it. ...
Fundamentals of Selling
Fundamentals of Selling

...  May occur when the salesperson’s interest in the customer declines  Usually after the sale  Yet the customer’s interest increases after the sale  This is one reason why service after the sales is so important ...
Document
Document

... corporate level. Some people call this “free advertising,” but is can be expensive and must be done well to be effective. Examples? ...
LO1 - McGraw-Hill
LO1 - McGraw-Hill

... customers why an organization’s products/services meet their needs and why they should be judged superior to competitors’ offerings ...
Document
Document

... 1. Many potential customers lack an awareness of direct selling as an alternative. 2. A significant portion of potential customers have a negative impression of direct selling in general. 3. There is a lower availability of consumers for at-home sales calls and parties. ...
Business Markets
Business Markets

... degree of effort required of the firm’s personnel to collect information and make a purchase decision • Straight rebuy • Modified rebuy • New task buying ...
The Market
The Market

... work; buyers are exposed to a variety of goods and services that vary in quality. Do you think that the price of these products are “set in stone” or will the prices fluctuate? How does this relate to the larger markets? ...
What is Promotion Intro
What is Promotion Intro

... PERSONAL SELLING The PERSONAL presentation of a product or company to one or more potential buyers ...
Characterizing our Experience Culture - Cal State LA
Characterizing our Experience Culture - Cal State LA

... assets: franchises, licenses, royalties, copyrights, trademarks, good will, and brand or logo ...
Generating Prospects and Customers with
Generating Prospects and Customers with

... Promotion can be defined as any method that communicates to the target market about the right product to be sold in the right place at the right price. What the marketing manager communicates is basically determined when the target customers' needs and preferences are known. How the information is c ...
Chapter 11 Quiz 1. Which of the following is the goal of point
Chapter 11 Quiz 1. Which of the following is the goal of point

Bureau of Consumer Protection
Bureau of Consumer Protection

... "anti-competitive" business practices, such as coercive monopoly. Coercive Monopoly: business concern that prohibits competitors from entering the field, with the natural result being that the firm is able to make pricing and production decisions independent of competitive forces. ...
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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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