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marketing decision support system
marketing decision support system

... problems on a variety of levels. Undoubtedly, the main thrust of MDSS is to support marketing DM in a strategic planning context, which includes product design and planning, research and development, largescope forecasting, customer profile analysis, and so forth. The MDSS can support marketing deci ...
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... The next section explores the principles of marketing and will examine the nature of a sales process. You will outline the main types of market research that are commonly used to make marketing decisions. These include primary (desk-based) and secondary (field-based) types of research. You will also ...
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Principles of Marketing-Lecture Slides 4
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... kitchens and phone directories. While most people would recognise the need for these items, it is rare for consumers to go out looking for them. These products are usually sold through aggressive sales efforts. ...
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Target market



A target market is a group of customers a business has decided to aim its marketing efforts and ultimately its merchandise towards. A well-defined target market is the first element of a marketing strategy. Product, price, promotion, and place are the four elements of a marketing mix strategy that determine the success of a product or service in the marketplace.
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