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Marketing: An Introduction, 11e (Armstrong)
Marketing: An Introduction, 11e (Armstrong)

... 19) Customer-driven marketing is most likely to work well when ________ and when customers ________. A) a clear need exists; are difficult to identify B) customers do not know what they want; have limited budgets C) there are few competitors; are concerned about their long-run welfare D) a clear nee ...
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... © 2010 Pearson Higher Education, Inc. Pearson Prentice Hall - Upper Saddle River, NJ 07458 ...
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... Answer: Core competency has three characteristics. They are: 1. it is a source of competitive advantage 2. it has applications in a wide variety of markets 3. it is difficult for competitors to imitate Diff: 2 LO: 2.1: How does marketing affect customer value? AACSB: Analytical thinking 43) Hot Topi ...
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... Leges 2000). Product attributes can affect the positional competitive advantage (Neil A Morgan 2004), which influence export marketing strategy include cultural- specificity, strength of patent (Craig C, Julian, O Cass 2004), unit value, uniqueness, age, and service/ maintenance requirements of prod ...
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... Peppers and Rogers have many CRM resources, including case studies, on their websites http://www.peppersandrogers.com and http://www.1to1.com as well as offering a free enewsletter. I have often had students sign up for the newsletter. International Speedway is a case study of using data to create d ...
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... Yet without some kind of plan we have no idea what we should be doing when we go into work on Monday morning. For marketers, planning revolves largely around what we think our customers and consumers will want us to do: we then need to work out how we can profit from meeting their needs. This book is ...
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... Price lining X is a special pricing technique that sets a limited number of prices for specific groups or lines of merchandise. One advantage is that the target market is fully aware of the price range of products in a given store. Optional product pricing involves setting prices for accessories or ...
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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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