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preface - Cengage
preface - Cengage

... destination is vitally important, as the organization must first know where it wants to go before it can construct a plan (strategy) for getting there. Implicit in the identification of this desired destination is that it is a choice of one end-point over other alternatives; and therefore, the organ ...
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... Iconic clothing brand Lacoste leveraged unique consumer data from Slice Intelligence to find and acquire high-value customers. By creating targeted seed audiences, Lacoste reached new consumers with similar purchase behavior from competitor brands and major retailers. Compared to other prospecting t ...
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...  In such business, all of unintentional message sent to the market will contradict the message intended to achieve its market objectives, this is characteristic of Centrifugal Marketing  The more effective kind of organization, in which all activities are focused towards achieving specific marketi ...
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... – Identifies groups of consumers who are similar to one another in one or more ways and then devises marketing strategies that appeal to one or more groups ...
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Marketing Continuum - Shailesh J. Mehta School of Management

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... strategy for pricing new products, and the objective is to capture as much of the market at a very low price. Everyday pricing is a strategy used to gain long term profitability through volume. Walmart and Costco are two good examples. High/low pricing is a strategy to get the consumer in a retail s ...
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... without considering the idea of integration as a realistic approach to reach a competitive strategic position for the company. Some early attempts in the beginning of the 1980s initiated academic interest and articles appeared in the academic literature (Dyer, 1982; Coulson-Thomas, 1983). From the b ...
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... • State policymakers and agencies – Prohibit advertising on school buses – Conduct a statewide study/assessment of marketing in schools ...
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Direct marketing



Direct marketing is a channel-agnostic form of advertising which allows businesses and nonprofit organizations to communicate straight to the customer, with advertising techniques that can include cell phone text messaging, email, interactive consumer websites, online display ads, database marketing, fliers, catalog distribution, promotional letters, targeted television commercials, response-generating newspaper/magazine advertisements, and outdoor advertising. Amongst its practitioners, it is also referred to as direct response.Direct marketing messages focus on the customer, data, and accountability. Hence, besides the actual communication, it is integral to a direct marketing campaign to create actionable segments, use pre- and post-campaign analytics, and measure results. Characteristics that distinguish direct marketing from other types of marketing are: A database of names (prospects, customers, businesses, etc.), often with certain other relevant information such as contact number/address, demographic information, purchase habits/history, and company history, is used to develop a list of targeted entities with some existing common interests, traits or characteristics. Generating such a database is often considered part of the direct marketing campaign. Marketing messages are addressed directly to this list of customers and/or prospects. Direct marketing relies on being able to address the members of a target market directly. Addressability comes in a variety of forms including email addresses, phone numbers, fax numbers, postal addresses, and even web browser cookies. Direct marketing seeks to drive a specific ""call to action."" For example, an advertisement may ask the prospect to call a free phone number, mail in a response or order, or click on a link to a website. Direct marketing emphasizes trackable, measurable responses, results and costs from prospects and/or customers, regardless of medium.Direct marketing is practiced by businesses of all sizes, from the smallest start-up to the leaders on the Fortune 500. A well-executed direct advertising campaign can indicate a positive return on investment by showing how many potential customers responded to a clear call-to-action. General advertising eschews calls-for-action in favor of messages that try to build prospects’ emotional awareness or engagement with a brand. Even well-designed general advertisements can rarely prove their impact on the organization’s bottom line.
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