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POB 3.01 PPT
POB 3.01 PPT

... Inseparable - services are consumed at the same time they are produced. The person or technology producing the service must be available when and where the consumer needs it. Marketers must determine when and where consumers want a service and must be able to provide it at that location and time. Pe ...
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The Concept of Promotion
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... mix— a combination of strategies and cost effective allocation of resources. Most businesses use more than one type of promotion to achieve their promotional goals. How do companies decide which mix will be most effective? Identify the target market, to measuring the results and design strategies th ...
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... creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.  It matches up producers with the customers who want to buy their products  It finds out what customers are looking for, shares this information with producers, and ...
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an experiential exercise in product benefit segmentation

... Russell I. Haley - University of New Hampshire J. Taylor Sims - Wright State University INTRODUCTION This exercise provides students with a practical learning experience in product benefit segmentation. Benefit segmentation stresses causal factors rather than descriptive factors for identifying mark ...
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...  They are not enforceable through law. Truth, accuracy and good taste in advertising  It is expected that when promotional material is distributed, this material represents information that is truthful, accurate and in good taste.  The Competition and Consumer Act prohibits a corporation from sup ...
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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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