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Click to edit Master title style
Click to edit Master title style

... The optimal strategy depends on the relative costs and benefits of each alternative Since each intermediary in a channel adds its own markup to the products, there is generally a critical link between channel length and the firm's profit margin So, when price is important, a shorter channel is be ...
MARKETING WEEK 1: CONSUMER VALUE • Marketing is about
MARKETING WEEK 1: CONSUMER VALUE • Marketing is about

... Customer satisfaction is the extent to which a product’s perceived performance matches expectations. ...
Product Category Director Foot Care 12-19-15
Product Category Director Foot Care 12-19-15

... In March of 2014, ASO was selected as Wal*Mart’s supplier of the year besting all other branded companies and private label suppliers in the health and beauty care category. Our success is directly attributable to ASO’s talented employees who innovate, create and support the highest quality products ...
Orientation to Sports and Entertainment Marketing
Orientation to Sports and Entertainment Marketing

... -Communicating with consumers to assess and fill their needs, as well as anticipating future needs -Involves the following activities, cultivating prospective buyers (or leads) in a market segment; conveying the features, advantages and benefits of a product or service to the lead; and closing the s ...
Topic 4 PPT Marketing ppt review
Topic 4 PPT Marketing ppt review

... ● Place: Where the product is placed to obtain the most profit, how it is presented ● Staff must be trained well in providing service. ● Goods are packaged in a unique way to stick out to the ...
ROLE OF ADVERTISING IN THE MARKETING STRATEGY
ROLE OF ADVERTISING IN THE MARKETING STRATEGY

... transportation, warehousing, receptions of sale, etc. Each of these aspects can in some way affect the advertising methods, and, conversely, advertising needs can influence any of marketing aspects. Today, for success in the market, proper construction of a marketing network and trade channels have ...
Marketing
Marketing

... Word of mouth, personal selling  The process of setting cost for a product  The management aspect of marketing dealing with specifications of the actual good or service; how it relates to the end user “client”  How the product gets to the customer ...
Marketing - Knox Academy
Marketing - Knox Academy

... Activities they take part in include: ...
3.4 Market Mix - AIS-iGCSE
3.4 Market Mix - AIS-iGCSE

... • As part of its marketing strategy, a company needs to decide where best to distribute a product. • What is place? • Place is the point where products are made available to customers. A business has to decide on the most cost-effective way to make their products easily available to customers. ...
The Marketing Mix File
The Marketing Mix File

... market their latest product (a non stick frying pan). A rival marketing company is also competing for the account. Use the elements of the marketing mix to market a fry pan. You need to sell this product; how are you going to make people want it? For each element of the marketing mix, describe strat ...
Lecture __. The Agribusiness System
Lecture __. The Agribusiness System

... – if left alone, consumers won’t buy enough of the product that’s already been produced – result: producers try to convince consumers that their products are really the best – setting: supply is greater than demand – Problem: assumes that with enough pressure, or correct language, anything can be so ...
BUILDING, MEASURING, AND MANAGING BRAND EQUITY
BUILDING, MEASURING, AND MANAGING BRAND EQUITY

... prospective customers by mail, phone, electronic means, in-person visits, and so forth Selling through third-party intermediaries such as agents or broker representatives, wholesalers or distributors, and retailers or dealers Push and pull strategies ...
BUILDING, MEASURING, AND MANAGING BRAND EQUITY
BUILDING, MEASURING, AND MANAGING BRAND EQUITY

... prospective customers by mail, phone, electronic means, in-person visits, and so forth Selling through third-party intermediaries such as agents or broker representatives, wholesalers or distributors, and retailers or dealers Push and pull strategies ...
BUILDING, MEASURING, AND MANAGING BRAND EQUITY
BUILDING, MEASURING, AND MANAGING BRAND EQUITY

... prospective customers by mail, phone, electronic means, in-person visits, and so forth Selling through third-party intermediaries such as agents or broker representatives, wholesalers or distributors, and retailers or dealers Push and pull strategies ...
MLSP to Accompany Essentials of Marketing
MLSP to Accompany Essentials of Marketing

... PROMOTION--communicating information between seller and potential buyer or others in the channel to influence attitudes and behavior. PERSONAL SELLING--direct spoken communication between sellers and potential customers. MASS SELLING--communicating with large numbers of potential customers at the sa ...
PowerPoint - New Mexico FFA
PowerPoint - New Mexico FFA

... Product refers to the goods or services that meet the needs of customers. Price is how much money a person pays to purchase a product or service. Place refers to the location, convenience, and availability of the product. Communication between the seller and buyer is ...
PowerPoint - New Mexico FFA
PowerPoint - New Mexico FFA

... factors used in trying to reach target customers is known as a marketing mix. These four factors are product, place, price, and promotion. The right combination of these factors is essential to a successful business. ...
0000 - Ohio University
0000 - Ohio University

... Merchandising allowance- reimburses the retailer for in-store support of the product Case allowance- a discount to the retailer or wholesaler based on the volume of product ordered Co-op advertising- a sales promotion where the manufacturer and the retailer share the cost Trade show- events at which ...
Promotion - bankexam.co.in
Promotion - bankexam.co.in

... 3. Stages in the product life cycle: The marketing objectives and strategies are different at each stage of the product in its life cycle. During the introductory stage intensive advertising and personal selling are required for effecting product awareness. During growth stage advertising should be ...
Unit11-Promotion
Unit11-Promotion

... 3. Stages in the product life cycle: The marketing objectives and strategies are different at each stage of the product in its life cycle. During the introductory stage intensive advertising and personal selling are required for effecting product awareness. During growth stage advertising should be ...
mkt221 tutorial kit - Covenant University
mkt221 tutorial kit - Covenant University

... (i) Direct Exporting: This involves entering a foreign market by sending products through the company’s run Export department, a branch office or sales representative. Here the company establishes office in the foreign country. (ii) Indirect Exporting: this involves entering a foreign market by sen ...
The cynical use of marketing to the unwitting
The cynical use of marketing to the unwitting

... captured the popular mind. It is difficult to think such sellers of subliminal manipulation theories actually believe a great conspiracy exists to manipulate consumers, but it provides a source of income as long as they find an audience willing to believe their tales. Of a greater danger to the publ ...
Notes for chapter 13/14
Notes for chapter 13/14

... Trade shows serve a much more important role in other countries where most prospects are found European trade shows attract high-level decision makers who are there to buy products Trade shows provide the facilities for a manufacturer to exhibit and demonstrate products to potential users and to vie ...
Introduction to Business
Introduction to Business

... List 3 products that you want and why do you want that particular product? ...
Understanding the Consumer Worksheet
Understanding the Consumer Worksheet

... A ______________ consists of all the customers for a specific type of product. There is only _______ marketing mix. This approach assumes that everyone’s _______ and _____ for a product are exactly the same. Two problems with mass marketing: 1. _______________________________  contain many subgroup ...
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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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