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THE MARKETING PLAN
THE MARKETING PLAN

... of product or service  Statement that distinctly defines the product in its market and against its competition over time  Consumer promise  Statement summarizing the benefit of the product or service to the consumer ...
THE MARKETING PLAN
THE MARKETING PLAN

... of product or service  Statement that distinctly defines the product in its market and against its competition over time  Consumer promise  Statement summarizing the benefit of the product or service to the consumer ...
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... least in the near term. But: They have features that a few fringe and generally new customers value and which represent a key source of competitive value in the future. Products based on them are typically cheaper, simpler, smaller and frequently more convenient to use - often representing a new pro ...
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Marketing Information, Strategy and Plans

... an increase in sales. A sample of people will be measured prior to the treatment and after. Generally a second sample of people will be measured prior to and after the first group receives the treatment, however, they will not receive the treatment and be used as a comparison group. COMBINATION DESI ...
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... and customer service, marketing costs increase. The company will need to charge a higher price under these circumstances (a “more for more” value proposition), but how much higher? • It is marketing’s job to find out how much consumers are willing to pay for a particular product. The target price is ...
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Business Marketing

... All those persons in an organization who become involved in the purchase decision. ...
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... Predatory pricing - the profit gained in one market is used to support aggressive pricing designed to drive competitors out, in another market 2. Multi-point pricing - a firm’s pricing strategy in one market may have an impact on a rival’s pricing strategy in another market  aggressive pricing in o ...
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... activity as safari holidays (which may even have a range of different types like day safaris, 1-3 nights short-break safaris, luxury safaris, budget safaris... ...
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... strategies and PR planning to ensure effective brand building through brand awareness and visibility. The objective is to implement effective campaigns and promotions which would help in meeting the business targets and getting media coverage for the same. The Marketing Team in Kotak Mahindra Bank i ...
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... 1. Increasing market share: Market share refers to the business share of the total industry sales for a product. SNAPSHOT IN BOOK 2. Expanding product range: The total range of products a business offers. Expanding this means to introduce more products over a time period. To expand businesses must u ...
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... analysis of data about a particular target market, competition, and/or environment. It always incorporates some form of data collection whether it be secondary research (often referred to as desk research) or primary research which is collected direct from a respondent. The purpose of any market res ...
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Product planning

Product Planning is the ongoing process of identifying and articulating market requirements that define a product’s feature set.Product planning serves as the basis for decisions about price, distribution and promotion.Product planning is the process of creating a product idea and following through on it until the product is introduced to the market. Additionally, a small company must have an exit strategy for its product in case the product does not sell. Product planning entails managing the product throughout its life using various marketing strategies, including product extensions or improvements, increased distribution, price changes and promotions.
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