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Chapter1
Chapter1

... evaluation of the difference between all benefits and all costs of a marketing offer compared to competing offers. (customers act on perceived value) ...
MARKET
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... • Marketing is more than just advertising and selling. • Marketers manage all the elements of the marketing mix. • Marketers use research to support activities. • Marketing creates exchanges between buyers and sellers. • Profits are realized when needs are met and exchange takes place. ...
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... All activities needed to get a product from the manufacturer to the__________________ . Elements of the Marketing Concept Customer Orientation: Do it the ________________ way Company Commitment: Do it better Company Goals: Do it with success in mind ...
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Business Model Overview The critical elements of a business model
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... Target one or more types of customers is the “heart” of your model. “Mass” markets and “niche” markets require starkly different approaches, while “segmented” customer bases share similarities, but their needs vary slightly. Companies with “multi-sided platforms” sell to two or more groups; for exam ...
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Customer relationship management

Customer relationship management (CRM) is an approach to managing a company’s interaction with current and future customers. It often involves using technology to organize, automate, and synchronize sales, marketing, customer service, and technical support.
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