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How to get close to your customers
How to get close to your customers

... The greatest marketers understand this premise. Certainly, the avenues of communication are critical, but the overall mindset that focuses on the customers they serve always will prevail. They realize that what defines them is more about who their clients want to be rather than the products they pro ...
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Market Segmenting, Targeting, and Positioning

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Market-Driven Strategy
Market-Driven Strategy

... and limited services (no meals). Nonetheless, major emphasis throughout the organization is placed on building a loyal customer base. Operating costs are kept low by using only Boeing 737 aircraft, minimizing the time span from landing to departure, and developing strong customer loyalty. The compan ...
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... the initial costs, quickly, i.e. recovering initial costs is the priority • Price skimming – setting the price high at first because there are consumers ready and willing to pay more, e.g. new computer chip • Penetration pricing – setting the price low to gain a greater share of a market (underprice ...
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... or products in the dynamic environment in which they operate. In order to achieve reputation, corporations try to be active participants in the societies in which they operate and they also try to initiate activities that can contribute to the society’s well-being. CRM includes all the different way ...
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Woodside 2015 Iconic Studies in Marketing

... offers several advantages in providing an enriched and deep view of the complexities of realities including the recognition for the need to model the negation of outcomes separately from high scores in an outcome condition; a core tenet of complexity theory is that causes for a negative outcome diff ...
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... 17. Demonstration is technique of demand creation under which the  complete details products are explained to the people.  18. Fairs means assembling of people at a particular place periodically to  celebrate an event which may be social, religious or cultural.  19. The exhibitions are also known as ...
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Neuromarketing

Neuromarketing is a field of marketing research that studies consumers' sensorimotor, cognitive, and affective response to marketing stimuli. Researchers use technologies such as functional magnetic resonance imaging (fMRI) to measure changes in activity in parts of the brain, electroencephalography (EEG) and Steady state topography (SST) to measure activity in specific regional spectra of the brain response, or sensors to measure changes in one's physiological state, also known as biometrics, including heart rate and respiratory rate, galvanic skin response to learn why consumers make the decisions they do, and which brain areas are responsible. Certain companies, particularly those with large-scale ambitions to predict consumer behaviour, have invested in their own laboratories, science personnel or partnerships with academia. Present in over ten countries, the Neuromarketing Business Association today centralizes academic publications and certifications and serves as a networking platform for professionals in the field.Companies such as Google, CBS, Frito-Lay, and A & E Television amongst others have used neuromarketing research services to measure consumer thoughts on their advertisements or products.Whilst the origin of the term ""neuromarketing"" has been attributed to Ale Smidts in 2002, the phrase was in use earlier. In the late 1990s, both Neurosense (UK) and Gerry Zaltmann (USA) had established neuromarketing companies. Unilever's Consumer Research Exploratory Fund (CREF) too had been publishing white papers on the potential applications of Neuromarketing.
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