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marketing_mangement__bam_511_unit_1-4_
marketing_mangement__bam_511_unit_1-4_

... the research department, and her company leveraged its engineering and design competencies to develop a new hand-held hot-pad that allows for significantly greater dexterity in handling hot cooking implements, while protecting the cook from burns. This is an example of the element of the holistic ma ...
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... Industrial products tend to be sold more directly to its customers than durable goods. Geographic area of target market – where are my customers? The wider area, the more likely intermediaries will be needed. Level of service expected from customers. Technical complexity of the product. Unit value o ...
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... Industrial products tend to be sold more directly to its customers than durable goods. Geographic area of target market – where are my customers? The wider area, the more likely intermediaries will be needed. Level of service expected from customers. Technical complexity of the product. Unit value o ...
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... - Line stretching: adding items to either. Highend of the line can be stretched downwards. Marriott, Mercedes. - Line filling: adding items within the product line range. Increase sizes, ...
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... performance on the road to fully achieving the longer-term aspirational positioning. Such a positioning focuses on those aspects of the brand on which the organization is currently able to deliver. Interim positioning is often essential when a brand stakes out new territory considered “up market,” a ...
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Brand loyalty

Brand loyalty is where a person buys products from the same manufacturer repeatedly rather than from other suppliers.In a survey of nearly 200 senior marketing managers, 68 percent responded that they found the ""loyalty"" metric very useful.True brand loyalty occurs when consumers are willing to pay higher prices for a certain brand, go out of their way for the brand, or think highly of it.
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