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Organic Social Media plan
Organic Social Media plan

... 2.1 Traditional Marketing vs. Modern Marketing The “Father of Marketing” Philip Kotler assembled the definition of marketing in a simple yet strikingly precise sentence as; “Marketing is the delivery of customer satisfaction at a profit” (Kotler & Armstrong, 2009). Some examples on traditional marke ...
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... interview: Group 2) also produced more accurate recall than the control, but the effect was not great and not statistically significant. This is contrary to expectations, as it has been assumed in the past that the initial interview in Juster studies would serve as a landmark event and significantly ...
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The marketing communications mix of a Port Authority

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... wait for the media to take notice? No! It went out and launched a Will it Blend? viral marketing campaign utilizing YouTube. These clever and amusing 30-second to two-minute videos show Blendtec founder and CEO Tom Dickson attempting to blend various items including golf balls, credit cards, a camco ...
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Introducing Marketing

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Knowledge-based New Product Development
Knowledge-based New Product Development

... Contrary to the assumptions made by most of the literature, the required knowledge is not simply ‘out there’, ready to be collected and processed by the firm, but actually needs – at least partly – to be created. This then involves the co-creation of essential knowledge with other entities in the bu ...
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Marketing mix modeling

Marketing mix modeling (MMM) is a term of art for the use of statistical analysis such as multivariate regressions on sales and marketing time series data to estimate the impact of various marketing tactics (marketing mix) on sales and then forecast the impact of future sets of tactics. It is often used to optimize advertising mix and promotional tactics with respect to sales revenue or profit.The techniques were developed by econometricians and were first applied to consumer packaged goods, since manufacturers of those goods had access to good data on sales and marketing support. The first companies dedicated to the commercial development of MMM were MMA (then Media Marketing Assessment) started in 1990 and the Hudson River Group founded in 1989. Other early pioneer-users of econometric modeling were the ATG group at the advertising agency JWT in the 1990s and later incorporated into MindShare ATG, BrandScience at Omnicom, and the specialist modeling agency OHAL since the late 1980s. These agencies took MMM from being a little-used and academic discipline to being a widespread and common marketing tool. Improved availability of data, massively greater computing power, and the pressure to measure and optimize marketing spend has driven the explosion in popularity as a marketing tool. In the recent times MMM has found acceptance as a trustworthy marketing tool among the major consumer marketing companies. Often in the digital media context, MMM is referred to as attribution modeling.
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