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Tacit knowledge - Royal Holloway, University of London

... domain relevant knowledge, experience and creativity (above references and Reimann and Chi, 1989; Murphy and Wright, 1984; Henry, 1991). Large amounts of marketing knowledge are codified in popular texts and constitute a public discourse. However, much of the knowledge underpinning practical marketi ...
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... the difference between Freemium product and the traditional game which has a fixed price once you are buying it, is that the work of developers of F2P products only really starts when the game is released. It is highly important to maintain customer‟s interest in the game, since the longer they use ...
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... Best and Coney 2004), but perhaps more importantly, they also talk to each other. Described as word-of mouth communication (WOM), the process allows consumers to share information and opinions that direct buyers towards and away from specific products, brands, and services (Hawkins, Best and Coney 2 ...
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... We have won Incentive Marketing Association Gold Circle Awards for programs developed for Verbatim Corp., GE Capital (Lowe’s), Goodyear Distributor Max Finkelstein, Inc., Astoria Federal Savings Bank, and others. Additional awards include, PROMO Magazine’s PRO Award, the Marketing Association, the S ...
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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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