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Chapter 20
Chapter 20

... Trade Shows and Conventions: Industry associations organize annual trade shows and conventions. Business marketers may spend as much as 35 percent of their annual promotion budget on trade shows. Over 5,600 trade shows take place every year, drawing approximately 80 million attendees. Trade show att ...
ProServe Tech Times Bi-Monthly Newsletter ISSUE 02 OCT/NOV 2014 this issue
ProServe Tech Times Bi-Monthly Newsletter ISSUE 02 OCT/NOV 2014 this issue

... Beyond Sales: The Business KPI's of Marketing ROI Newman, Daniel. Beyond Sales: The Business KPI's of Marketing ROI Forbes. Retrieved September 30, 2014, from http://www.forbes.com/sites/nielnewman/2014/06/24/beyondBy this point we all know that at the end of the day the top priority of marketing s ...
Cross-Media Marketing
Cross-Media Marketing

... Coordinate your message and branding – MUST be consistent throughout all forms of media! ...
Updating the Marketing Plan
Updating the Marketing Plan

... Reviewing Your Marketing Plan and Mix There are many benefits to ongoing market research. The research provides information you need to make adjustments to your marketing plan and allows you to revise and rework your marketing mix strategies to make them more effective. ...
Marketing : Quo Vadis? A Discusion paper By
Marketing : Quo Vadis? A Discusion paper By

... cost and difficulty of attracting new customers means that it is more profitable to concentrate on retaining a long-term relationship with existing ones. Increasingly, firms are identifying customer relationships as among their most valuable assets. Of course this depends on the level of customer lo ...
Regional Economic Integration
Regional Economic Integration

... In order to reach this goal, Coca-Cola embarked on an aggressive marketing campaign. In the battle to grow volume, Coke’s main weapon is market information. As recently as the mid 1990s the company had little knowledge of who was drinking its product and where. Trucks would line up outside bottlers ...
Match the Following: Q33) Psychology – Study of an individual
Match the Following: Q33) Psychology – Study of an individual

... Q20) Product attributes or benefits can be sometimes negatively co-related ...
77 Cause Related Marketing_ A Successful Strategy in Enhancing
77 Cause Related Marketing_ A Successful Strategy in Enhancing

... opportunity to enhance their corporate reputation, raise brand awareness, increase customer loyalty, build sales and increase press coverage”. Business in the Community defines Cause Related Marketing as "a commercial activity by which businesses and charities or causes form a partnership with each ...
Ch. 16 - Business Course Materials – Winter 2016
Ch. 16 - Business Course Materials – Winter 2016

... and promotion of ideas, goods, or services by an identified sponsor. U.S. advertisers spend in excess of $231 billion each year ($500b in the World). Advertising is used by: ...
How do you say it?
How do you say it?

... A free gift to every customer who fills out a registration card. A hardware store supermarket might give each registrant a free pair of pliers. A stationer might offer a free pen or some floppy disks. A sweepstake offering a number of major prizes but allowing every person who registers to win som ...
Untitled - Nottingham Trent University
Untitled - Nottingham Trent University

... outside the box. Learning to work with the deadlines, taught me to manage and use my time well, to ensure the best possible results. ...
Channel of distribution
Channel of distribution

... channel members will be inversely proportional to the intensity of distribution used. (huh?) • A producer using intensive distribution will sell to any and all intermediaries who are willing to carry the product, so they will not likely be too choosy in who they pick. • Conversely, a producer using ...
Enacting Guerilla Marketing to Attain Commercial Speech Protection
Enacting Guerilla Marketing to Attain Commercial Speech Protection

The Consequences Of Flying Dynamic Pricing
The Consequences Of Flying Dynamic Pricing

... More detrimental are the scars left behind when a publisher extracts the highest dollar amount from a buyer in a heightened moment of need. These scars turn into scorn, creating a roadmap to any other vendor than "this one" next time around. That's because buyers are people, and people's actions are ...
Beyond demographics: Add lifestyle information to improve direct
Beyond demographics: Add lifestyle information to improve direct

... Keep in mind, though, that not all lifestyle and interest data is  created equally.  In addition to self‐reported data, some  companies offer lifestyle and interest attributes that are inferred  ...
Promotion- introduction
Promotion- introduction

... Marketers should remember that the role of advertising is to create demand for a product. The amount spent on advertising should be relevant to the potential sales impact of the campaign. This, in turn will reflect the characteristics of the product being advertised. For example, new products tend t ...
Planning a Global Promotion_Strategy
Planning a Global Promotion_Strategy

... 1. PROMOTIONAL GOALS Identify specific objectives related to the promotion of your global business operations and product (or service). (Promotional goals vary. Some organizations need to create awareness of their product’s benefits compared to competitors. Other promotional goals may involve commun ...
the internet as a cost- effective marketing tool for small
the internet as a cost- effective marketing tool for small

... was 24 million new web addresses alone during that year. A great part of these websites follow old concepts and copy existing ideas, however new web sites offering something that has not yet been experienced fit in this bunch as well. (Paloheimo 2009, 11-12; Suomen Internetopas 2013) What makes the ...
Four Factors of Successful Accounting Firm Marketers
Four Factors of Successful Accounting Firm Marketers

... hear from older partners saying they are not going to put another dollar of capital into the firm. Firms that choose to pull every dollar out of the firm each year or operate with a lot of debt are at a major competitive disadvantage vs. firms with no debt or those that have a philosophy of retainin ...
SWP 59/91 “INTERNAL SERVICES MARKETING”
SWP 59/91 “INTERNAL SERVICES MARKETING”

... and its customers. Consequently the importance of handling these interactions, and the ‘costs’ of not making the most of opportunities are greater. In a relatively homogeneous industry such as banking, a key opportunity for banks to gain a competitive edge over competitors lies in the quality of it ...
Divide and Conquer: Decoupling is Digital Marketing`s
Divide and Conquer: Decoupling is Digital Marketing`s

... of consumers from traditional to digital media, the game of tomorrow is going to be very different, and the stakes will be higher. There is one game-changing step that CPG companies can take to adapt their business model for success in this future environment: decoupling creative and production work ...
Political Marketing vs. Commercial Marketing: Something in
Political Marketing vs. Commercial Marketing: Something in

... defined as “the art and science of government” (MWO, 2006). It’s a process by which collective decisions are made within groups. Although the term is generally applied to behavior within governments, politics is observed in all human group interactions, including corporate, academic, and religious i ...
Future tense: The global CMO - Economist Intelligence Unit
Future tense: The global CMO - Economist Intelligence Unit

... From monologue to dialogue) that detailed how marketing efforts had shifted from one- to two-way communications with customers. Marketing executives were recognising that merely pushing out messages about their products through static television and print advertisements was no longer satisfying cons ...
promotional mix - Wando High School
promotional mix - Wando High School

... strategies and a cost-effective allocation of resources a company uses to reach its promotional goals. The strategies in the mix are designed to complement one another: • Advertising and direct marketing create public awareness. • Public relations helps cultivate a favorable image and brand recognit ...
Marketing
Marketing

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Viral marketing

Viral marketing, viral advertising, or marketing buzz are buzzwords referring to marketing techniques that use pre-existing social networking services and other technologies to try to produce increases in brand awareness or to achieve other marketing objectives (such as product sales) through self-replicating viral processes, analogous to the spread of viruses or computer viruses (cf. Internet memes and memetics). It can be delivered by word of mouth or enhanced by the network effects of the Internet and mobile networks. Viral advertising is personal and, while coming from an identified sponsor, it does not mean businesses pay for its distribution. Most of the well-known viral ads circulating online are ads paid by a sponsor company, launched either on their own platform (company webpage or social media profile) or on social media websites such as YouTube. Consumers receive the page link from a social media network or copy the entire ad from a website and pass it along through e-mail or posting it on a blog, webpage or social media profile. Viral marketing may take the form of video clips, interactive Flash games, advergames, ebooks, brandable software, images, text messages, email messages, or web pages. The most commonly utilized transmission vehicles for viral messages include: pass-along based, incentive based, trendy based, and undercover based. However, the creative nature of viral marketing enables an ""endless amount of potential forms and vehicles the messages can utilize for transmission"", including mobile devices.The ultimate goal of marketers interested in creating successful viral marketing programs is to create viral messages that appeal to individuals with high social networking potential (SNP) and that have a high probability of being presented and spread by these individuals and their competitors in their communications with others in a short period of time.The term ""VRL marketing"" has also been used pejoratively to refer to stealth marketing campaigns—marketing strategies that advertise a product to people without them knowing they are being marketed to.
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