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Marketing
Marketing

... Feedback: Marketing channels can be compared with a pipeline through which water flows from a source to terminus. Marketing channels make possible the flow of goods from a producer, through intermediaries, to a buyer. Page: 412 Learning Objective: 1 9. You probably own several pairs of shoes. Furthe ...
April 2009 - Academy of Marketing Science
April 2009 - Academy of Marketing Science

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Relationship Quality as a Predictor of B2B Customer loyalty
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... includes customer loyalty as a dependent construct. Previous research has confirmed that the relationship between perceived quality and customer loyalty exists and is positive (Anderson and Sullivan 1993; Cronin and Taylor 1992; Harrison-Walker 2001). Nevertheless, since most of the empirical resea ...
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Go Away, Please - The Australia Institute
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to - University of Management and Technology

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Mobile Marketing How-to-Guide Everything you need to know to get

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Marketing

Marketing is about communicating the value of a product, service or brand to customers or consumers for the purpose of promoting or selling that product, service, or brand. The oldest – and perhaps simplest and most natural form of marketing – is 'word of mouth' (WOM) marketing, in which consumers convey their experiences of a product, service or brand in their day-to-day communications with others. These communications can of course be either positive or negative. In recent times, the internet has provided a platform for mass, electronic WOM marketing (e-WOM), with consumers actively engaged in rating and commenting on goods and services.In for-profit enterprise the main purpose of marketing is to increase product sales and therefore the profits of the company. In the case of nonprofit marketing, the aim is to increase the take-up of the organization's services by its consumers or clients. Governments often employ social marketing to communicate messages with a social purpose, such as a public health or safety message, to citizens. In for-profit enterprise marketing often acts as a support for the sales team by propagating the message and information to the desired target audience.Marketing techniques include choosing target markets through market analysis and market segmentation, as well as understanding consumer behavior and advertising a product's value to the customer.From a societal point of view, marketing provides the link between a society's material requirements and its economic patterns of response.Marketing satisfies these needs and wants through the development of exchange processes and the building of long-term relationships.Marketing can be considered a marriage of art and applied science (such as behavioural sciences) and makes use of information technology.Marketing is applied in enterprise and organisations via marketing management techniques.
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