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Part One - Lingnan University
Part One - Lingnan University

... These products and services are purchased for: • Use in producing their products (i.e. raw materials, components, tools and machinery) • Facilitate their operations (i.e. copy papers, fax machine, ...
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... business, firm, not-for-profit organization, product, or idea by a sponsor identified in a message intended to inform or persuade members of a particular audience ...
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... company that may be supplying the large televisions corporations. The “depth” may be something like the plastic manufacturing company that is sending out the plastic for the front of the televisions. Since all of the flat screen TVs need to have a similar plastic screen, the plastic manufacturer wil ...
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Pride/Hughes/Kapoor Business, 10th Edition

... competition is the market situation in which there are many buyers and sellers of a product, and no single buyer or seller is powerful enough to affect the price of that product. All buyers and sellers together determine the price of a product through the forces of supply and demand. The supply is t ...
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... between the level of involvement by the consumers in the purchase of goods and services and the level at which diverse goods or services differ from one another. He therefore came up with for different buying behaviors as explained in figure Figure: refer page no-122 1. Complex buying behavior: cons ...
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... 2.03 Summarize ways to reach markets ...
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... quantities of many producers and break them down into the smaller quantities and broader assortments wanted by consumers. ...
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Consumer Behavior and Marketing Strategy

... disposal (e.g., motor oil being sent into sewage systems to save the recycling fee, or garbage piling up at landfills) this is also an area of interest. Consumer behavior involves services and ideas as well as tangible products. The impact of consumer behavior on society is also of relevance. For ex ...
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Principles of Marketing-Lecture Slides 4
Principles of Marketing-Lecture Slides 4

... Such products are usually expensive and different from others.The consumer's efforts go into finding an outlet that can supply exactly the item needed. Examples include designer clothes ,Wedding Dresses,Diamonds,Antiques,Luxury Cars. ...
< 1 ... 657 658 659 660 661 662 663 664 665 ... 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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