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Chapter 14
Chapter 14

... • Setting a low price as a major marketing weapon. Everyday Low Pricing and Discount Pricing • ELP Maintaining continuous low prices rather than relying on short-term pricecutting tactics such as cents-off coupons, rebates, and special sales. • Discount pricing Attracting customers by dropping price ...
Advantages
Advantages

... Can communicate effectively with customers and other stakeholders Can build the image and reputation of the business and its products, particularly amongst customers ...
DRAFT JOB DESCRIPTION 2008-2009 Job Holder`s Name: Job
DRAFT JOB DESCRIPTION 2008-2009 Job Holder`s Name: Job

Marketing Course Summary - Kellogg School of Management
Marketing Course Summary - Kellogg School of Management

... To define the strategic role of marketing in the firm. To introduce key elements of marketing analysis. To  provide  a  sound  conceptual  and  theoretical  “tool  kit”  for  analyzing  marketing  problems. ...
Selling and Sales Management
Selling and Sales Management

... Marketing Orientation: The marketing concept holds that the key to successful and profitable business rests with identifying the needs and wants of customers and providing products and services to satisfy them. Market segmentation and targeting are the two of the most useful concepts in marketing ...
Niche Marketing and the Importance of Product
Niche Marketing and the Importance of Product

... Examine Competition Pricing • Penetration Pricing – Lower than competition pricing – Stimulate demand ...
Segmentation, Targeting and Positioning
Segmentation, Targeting and Positioning

... Segments must respond differently to different marketing mix elements & actions. Must be able to attract and serve the segments. ...
ecommercemarketing-lecture1
ecommercemarketing-lecture1

... Using Web, as well as traditional channels, to develop positive, long-term relationship with customers, thereby creating competitive advantage for firm by allowing it to charge higher prices for products or services than competitors can charge ...
Direct marketing
Direct marketing

... • amend records as and when requested • regularly check and verify accuracy of information • deduplicate records • action removal requests • have clear policies on staff access to database • keep back-up copy of database • install virus protection software ...
Five Signs of Good Service/Support Marketing
Five Signs of Good Service/Support Marketing

... I love marketing—especially service/support marketing. I also love selling. To me, they are both wonderful; just different. To share my passion, I’d like to explore the visible signs of quality service/support marketing. This way, you’ll be better equipped to recognize it when you see it. By the way ...
Chapter 18 - McGraw Hill Higher Education
Chapter 18 - McGraw Hill Higher Education

... • Setting prices for unrelated and related firms – Transfer pricing • Intracorporate price, price of a good or service sold by one affiliate to another, the home office to an affiliate, or vice versa ...
glossary - tchaney
glossary - tchaney

... to a promotional message. Incentives: Products earned through contests, sweepstakes, and rebates. Institutional advertising: Advertising designed to create a favorable image and goodwill for a business or organization. Institutional promotion: Communication used to create a favorable image of the bu ...
Develop a foundational knowledge of PRICING to understand its
Develop a foundational knowledge of PRICING to understand its

... and delivery of final product. • Sports and Events will often charge less if tickets are purchased ahead of time. – Ex: “Purchase concert tickets now for $25 or at the door for $35.” ...
Marketing - Connexus Credit Union
Marketing - Connexus Credit Union

...  Develop and manage the Connexus brand as an asset; focusing on delivering compelling customer experiences in support of financial and market based objectives.  Develop, implement & manage execution of core marketing strategies to include, but not limited to: Brand, New Business, Retention, Commun ...
Document
Document

... • Setting prices for unrelated and related firms – Transfer pricing • Intracorporate price, price of a good or service sold by one affiliate to another, the home office to an affiliate, or vice versa ...
chapter 8 - C.T. Bauer College of Business
chapter 8 - C.T. Bauer College of Business

... • Pappas expands to Chicago • Scantrons sold to large hospitals • FedEx and UPS in China ...
SEM1 3.01 A - Market Planning PE – Select target market
SEM1 3.01 A - Market Planning PE – Select target market

... existing customers in which to communicate – About their good or service to match, understand & satisfy customer needs – (leads to customer retention too!) – Who is buying, what do they buy and why do they buy – the more you know the better your product can satisfy those specific needs ...
Lee-Whiting-Marketing-Outreach-Services
Lee-Whiting-Marketing-Outreach-Services

... What is your Mission or Purpose? • Questions the mission statement should answer include: ...
Chapter 13 PPT - Lilian Chaves
Chapter 13 PPT - Lilian Chaves

... entertaining enough for consumers to forward it to others, spreading it like a virus. Many consumers resent the intrusion of pop-up ads that suddenly appear on their computer screen. Providing funds for a sporting or cultural event in exchange for a direct association with the event. Benefits: expos ...
Market Segment
Market Segment

...  Systematic and objective process to collect information about potential customers  Guides marketing decisions  May include data on age, income, ethnicity, educational level, etc. of the target market and how frequently they purchase the product ...
The Marketing Mix: The “4 P`s” of Marketing
The Marketing Mix: The “4 P`s” of Marketing

... The total offering is created by a partnership between the buying organization and the marketing organization. The process creates an augmented product that is specific to the buying unit’s needs and maximizes the value creation capabilities of the marketer. ...
MKT 261 * Ch 3
MKT 261 * Ch 3

... supply availability and costs. • Supply shortages or delays, labour strikes and other events can cost sales in the short run and damage customer satisfaction in the long run. Rising supply costs may force price increases that can harm the company’s sales volume. Most marketers today treat their supp ...
Market Research
Market Research

... The phenomenon by which businesses can churn out products more cheaply and quickly as they grow bigger. Market research design used to expand knowledge when little is known about a problem. Market research design used to explore past occurrences, including their causes and effects. Customers who buy ...
The Marketing Mix: The “4 P`s” of Marketing
The Marketing Mix: The “4 P`s” of Marketing

... The total offering is created by a partnership between the buying organization and the marketing organization. The process creates an augmented product that is specific to the buying unit’s needs and maximizes the value creation capabilities of the marketer. ...
outbound marketing inbound marketing
outbound marketing inbound marketing

... SALES PROMOTION: pre-defined advantages and benefits offered for a limited period of time to stimulate market demand for services or products. Mostly used in retail and B2C. ...
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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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