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Digitalization and Connectivity
Digitalization and Connectivity

... • Digitalization consists of converting text, data, sound, and image into a stream of bits that can be dispatched at incredible speeds from one location to another • Connectivity involves building networks and expresses the fact that much of the world’s business is carried over networks connecting p ...
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... promotion, event sponsorship, alcohol branded merchandise and the development of new and attractive products (Dobson, 2012), have contributed to the exacerbation of children’s exposure to alcohol marketing in recent years. ...
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... One study estimated that as many as 80% of new consumer packaged products failed. Only about 40% of new consumer products are around 5 years after introduction. Why? ...
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... ICC holds all copyright and other intellectual property rights in this collective work, and encourages its reproduction and dissemination subject to the following: ICC must be cited as the source and copyright holder mentioning the title of the document, © International Chamber of Commerce (ICC), an ...
Different Views of Customer Relationship Management
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... (2002) defined CRM as a cross-functional process for achieving a continuing dialogue with customers, across all their contact and access points, with personalized treatment of the most valuable customers, to increase customer retention and the effectiveness of marketing initiatives [1]. Kincaid (200 ...
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... (both rural and urban), and flow of industrially produced agricultural inputs and consumer goods to rural markets. In the more rurally based economies these activities take place within rural towns and their hinterlands; but as development progresses, the influence of larger urban centers becomes mo ...
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3.5 - Developing Marketing Strategies

... In many industries, businesses use well established price points for their product range. Price points are normally used when a business has a number of products in a particular product line. Marketers have to develop significant differences in quality, design or function to support the price differ ...
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Guerrilla marketing

Guerrilla marketing is an advertisement strategy concept designed for small businesses to promote their products or services in an unconventional way with little budget to spend. This involves high energy and imagination focusing on grasping the attention of the public in more personal and memorable level. Some large companies use unconventional advertisement techniques, proclaiming to be guerrilla marketing but those companies will have larger budget and the brand is already visible. The main point of guerrilla marketing is that the activities are done exclusively on the streets or other public places, such as shopping centers, parks or beaches with maximum people access so as to attract much audience.Unlike typical public marketing campaigns that utilize billboards, guerrilla marketing involves the application of multiple techniques and practices in order to establish direct contact with the customers. One of the goals of this interaction is to cause an emotional reaction in the clients and the final goal of marketing is to get people to remember brands in a different way than they are used to . The technique involves from flyer distribution in public spaces to creating an operation at major event or festival mostly without directly connecting to the event but using the opportunity. The challenge with any guerrilla marketing campaign is to find the correct place and time to do the operation without getting involved in legal issues. The different types of guerrilla marketing are: Ambient, Ambush, Stealth, Viral and the new concept called Street Marketing, coined by Dr. Marcel Saucet, Professor at University of San Diego and Harvard case study lecturer in his book Street Marketing TM, in 2013.
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