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A user-generated information and Media 2.0
A user-generated information and Media 2.0

the role of personal selling in a firm`s marketing strategy
the role of personal selling in a firm`s marketing strategy

... Sellers are engaging in systems selling more frequently as one way to provide better service and satisfaction to major customers. Systems selling involves two components : the design of well-integrated groups of interlocking products the implementation of a system of production, inventory control, d ...
3 Marketing Essentials for Apparel Retailers in 2014
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... Do you get that warm and fuzzy feeling when you open up an email that shows you the item that you’ve just been fiending to purchase? We do. In fact, the more personalized experience that an apparel retailer can offer their customers, the happier and more satisfied they will be (not to mention how ha ...
Approaches of marketing
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... wheels of the marketing machinery and perhaps provide services at costs lower than farmers and consumers can perform them. In evaluating marketing functions consideration must be given to both the costs and benefits of the functions. The value added by a marketing function may be greater or less tha ...
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The DNA of Marketing

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Multi-level marketing

Multi-Level Marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales they generate, but also for the sales of the other salespeople that they recruit. This recruited sales force is referred to as the participant's ""downline"", and can provide multiple levels of compensation. Other terms used for MLM include pyramid selling, network marketing, and referral marketing. According to the US FTC, some MLM companies constitute illegal pyramid schemes which exploit members of the organization.MLM is one type of direct selling. Most commonly, the salespeople are expected to sell products directly to consumers by means of relationship referrals and word of mouth marketing. MLM salespeople not only sell the company's products but also encourage others to join the company as a distributor.Companies that use MLM models for compensation have been a frequent subject of criticism and lawsuits. Criticism has focused on their similarity to illegal pyramid schemes, price fixing of products, high initial entry costs (for marketing kit and first products), emphasis on recruitment of others over actual sales, encouraging if not requiring members to purchase and use the company's products, exploitation of personal relationships as both sales and recruiting targets, complex and exaggerated compensation schemes, the company and/or leading distributors making major money off training events and materials, and cult-like techniques which some groups use to enhance their members' enthusiasm and devotion.
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