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Marketing: Creating and Capturing Customer Value
Marketing: Creating and Capturing Customer Value

... you in traditional forms: You see it in the abundance of products at your nearby shopping mall and the ads that fill your TV screen, spice up your magazines, or stuff your mailbox. But in recent years, marketers have assembled a host of new marketing approaches, everything from imaginative websites ...
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... Before the Industrial revolution took place, trades appeared almost exclusively on local markets, where the farmers and craftsmen personally sold their products to customers. Moreover, some trade would only occur among groups with ongoing relationships, e.g. trade on the silk route (Sheth and Parvat ...
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... Pharmacy staff can use personal selling to reduce uncertainty, better explain service benefits, and enhance the image of the pharmacy. Successful personal selling involves building rapport with customers, discovering their specific needs, questioning them to uncover barriers to service uptake and ma ...
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... Tangible products such as laptop computers can be sold alone or with many additional hardware and software items or services to provide additional benefits at a higher price. Intangible products, online research firms can offer many different business services in a variety of combinations. ...
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... paper recognises the idea that the marketing mix concept can be applied to marketing situations in any context, acknowledging that many of these contexts can be very different, but concentrates on marketing instruments which are seen as demand influencing (Van Waterschoot and Foscht, 2010). To addre ...
the cmo solution guide to leveraging new technology and marketing
the cmo solution guide to leveraging new technology and marketing

... With hundreds—if not thousands—of technology choices, it’s no surprise that CMOs are overwhelmed with options, feeling as if they need to be technology experts to be successful marketing leaders today. And indeed, there is some truth to that. But there isn’t enough time in the day for one person to ...
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... suggesting the need for organizations to be market –oriented. First, increasing competition in the economy. In recent times, organizations have not just competing locally but globally, following the advent of globalization (Kohli & Jaworski, 1990). This stiff competition in the marketing environment ...
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... Sales promotion is any paid, short-term communication program that adds tangible value to a product or brand. Consumer sales promotions are targeted at ultimate consumers; trade sales promotions are used in business-to-business marketing. Sampling gives prospective customers a chance to try a produc ...
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... independently of other measures. Thus, for example, a company might set targets for market share, gross contribution, and customer satisfaction. However, to truly measure the return on marketing, scholars and practitioners must develop metrics that explicitly link all aspects of marketing performanc ...
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Understanding the Role of E-Commerce in Sales Strategy

... becomes paramount. Many people and retail businesses have familiarity in using the Web to facilitate sales transactions with individual consumers. Retail companies employing a web-based strategy have focused on the web's ability to increase sales, improve communication with its customer and improve ...
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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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