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Year 12 Business Studies
Year 12 Business Studies

... Role of marketing  What is marketing?  Marketing is the process of developing a product and implementing a series of strategies aimed at correctly promoting, pricing and distributing the product to a core group of customers. ...
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3.02-GuidedNotes

... Ind. 3.02 – Select a target market appropriate for venture/product to obtain the best return on marketing investment  How are marketers grouping you?  Business owners are excited about people’s similarities. Why?  Grouping is how marketers discover the best ways to match products with their custo ...
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... in the other marketing mix areas 2. Set distribution objectives and state them explicitly 3. Check to see if the distribution objectives set are congruent with marketing and other general objectives and strategies of the firm ...
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... Key Terms Consumer Movement: to pass laws protecting consumers from unfair and unsafe business practices Product Liability: a legal responsibility that manufacturers have to make a safe product Bait and Switch: a sales tactic in which buyers are tempted by an advertised bargain but are then persuade ...
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... of goods/services for household’s income takes place in the goods and services market. Households own the resources used in production. In all cases, households provide either labour or other resources and in return receive an income from firms. The level of these incomes will be determined by the i ...
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Understand sport/event marketing`s role and function

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... exchanges that satisfy individual and organizational objectives to serve both buyers and sellers. ...
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promotion mix-IMC - Jahanzaib Yousaf

... Connecting directly with carefully targeted individual consumers to obtain an immediate response from the customers and cultivate customer relationships. ...
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... Focus on better developing product to create a more differentiated offering. Wait for AR and other specialized software to create “wow” factor Establish partnership agreements with firms as potential users Sell product online (multiples of 5) Prices can remain high ...
Session 3 -Promotion
Session 3 -Promotion

... individual consumers to both obtain an immediate response and develop long term customer relationships • Public relations—a planned communication effort by an organisation to contribute to generally favourable attitudes and opinions toward an organisation and its products. • Sponsorhip – an organisa ...
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... United States, building LG as a premium appliance brand, and continuing to expand sales and distribution channels. He joined LG from Amana where he held a variety of executive level positions including vice president of marketing and national account sales. ...
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Marketing Manager - VR Systems, Inc.

... Position company products to take advantage of market growth opportunities by analyzing market structure; market and technology trends, preparing and communicating plans that support implementation of these initiatives. Develop and implement the marketing plan to communicate the products positioning ...
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... The TV show “Shark Tank” is an excellent example of capitalism, it demonstrates: • Rich people looking for new products or services to invest in them make the richer. • The financial risk entrepreneurs take and the hard work entrepreneurs have to do to try to be successful. • Everyone in the United ...
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Marketing_Assessment_Student-2

... All of the following are considered marketing research “who’s” except _______ a. User b. Influencer c. Neutral d. Decision-maker In market research, the term “demographics” means: a. The process of deciding who will buy a product or service. b. Numeric facts about particular groups of people. c. Pri ...
Marketing Management-(MKT-501) - VULMS.edu.pk
Marketing Management-(MKT-501) - VULMS.edu.pk

... that buyers perceive they will obtain if they purchase the product”. It is the sum of all physical, psychological, symbolic, and service attributes. A product is similar to goods. In accounting, goods are physical objects that are available in the marketplace. This differentiates them from a service ...
business-to-business online direct marketing
business-to-business online direct marketing

... More complex: Long buying cycle. Multiple parties involved. Decision drivers are more rational. ...
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resume - Navayuga Group

... CLIENT AND CUSTOMER RELATION Collecting customer satisfaction reports on service after sales. Developed valuable business relationships with key clients. Demonstrated effective and consistent technical support. Developed staff to maintain high levels of service and to meet department standards and g ...
Stealth Marketing - Pace University ePortfolio
Stealth Marketing - Pace University ePortfolio

... How it was Deceptive o Making up a ruse to get the product directly into the hands of a consumer o “Actresses” are being paid to fake interest in these random non-acting men o Not really allowing the consumer to have a say in participating in the marketing ...
Creating Superior Customer Value • Marketing is the organisational
Creating Superior Customer Value • Marketing is the organisational

... Creating  Superior  Customer  Value     ...
Profitable Cattle Marketing
Profitable Cattle Marketing

... Lack of volume and uniformity Cannot ID stock & producers after sale Hard to establish reputation for good cattle ...
3. Marketing Objectives Instructions
3. Marketing Objectives Instructions

... revenues from sales, which marketing strategy might provide the best result for the subject of your marketing plan? Note: increasing revenues is just one business goal, but its an important one! ...
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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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