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... With either a “push” or a “pull” promotional approach firms need to take into account: ...
New product Development Process Conti…..
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... new product concepts with a group of target consumers to find out if the concepts have strong consumer appeal. ...
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... communication, namely the marketing of places. Today, between 5 and 10 % of all advertising space in newspapers is devoted to the marketing of places, regions and nations (Kotler et al 1999:29). It might appear strange that place characteristics gain more importance rather than loosing importance, a ...
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... Communicating Product—an organization exists because it has a product, service, idea or cause to offer. Discussion can focus on the value offered by the product and the fact that goods and services offer attributes and benefits that satisfy not only functional but social and psychological needs as w ...
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... National Institute of Marketing of Nigeria is the professional body of marketers. It is empowered by the NIMN Act 25 of 2003 to develop, promote, and regulate the practice of Marketing in Nigeria. The Institute's Mission is to create enduring, distinctive value for all stakeholders through the devel ...
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... Australian government began requiring verification of marketing concept knowledge and marketing plans as criteria for obtaining government support in 1994. Traditional marketing is not appropriate for arts marketing; it must be creative and entrepreneurial. Non-linearity, focus on change, and non-tr ...
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... that people are too concerned with “pushing” technologies into the market rather than allowing buyers’ needs to “pull” those technologies in naturally. But the real problem is that, very often, buyers don’t even know what their needs are! For example, consider the Internet. Although today, most peop ...
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... • For growth strategies - identify new customers, suggest product opportunities, create advertising and promotional programs, arrange distribution channels, and creates pricing and customer service policies • For stability or retrenchment strategies - focus on most profitable segments by reducing nu ...
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... information—via the retailer’s or manufacturer’s websites. For most products, though, consumers still had to go to a physical store to purchase items and call the manufacturer for support. Today, consumers make their purchases either via retailers’ or manufacturers’ sites or retailers’ physical stor ...
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... A key ingredient of the marketing management process is insightful, creative marketing strategies and plans that can guide marketing activities. Developing the right marketing strategy over time requires a blend of discipline and flexibility. Firms must stick to a strategy but must also find ways to ...
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... Suggesting that a problem, or a solution, is the responsibility of one sector or another is to ignore the dynamic interrelationships that exist in the system. To develop intrasectoral and cross-sectoral partnerships, therefore, is an inherent part of shaping and adapting marketing systems to new way ...
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... The most important change in the present day market are the quality standards product decisions Which were previously determined by the markets but are now determined by the consumers. The Rural customer village wants training experience and delight which require special attention, communication, di ...
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... Differentiated marketing targets several different market segments and designs separate offers for each  Goal is to achieve higher sales and stronger position  More expensive than undifferentiated marketing ...
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Chapter 1

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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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