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MBA 1302 Title:Principles of Marketing
MBA 1302 Title:Principles of Marketing

... What is Marketing ? People in a society have different meanings of marketing. Most popularly, marketing is perceived of activities like selling and advertising. Members of a society are today exposed to TV and radio commercials, newspaper ads, bill boards, neon signs, direct mail, sales calls and in ...
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... Here, we mean the creation of attractive customer value – the value obtained by the customer by buying the innovated product and from the company´s perspective to create a competitive advantage. Competitive advantage is also becoming one of the fundamental objectives of the marketing strategy. In th ...
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... The cries for more accountability from marketing started in the early 1990s with a Coopers & Lybrand report on leading British companies issued in 1993, and McKinsey & Booz Allen reports about the same time. McKinsey’s words then are akin to those being voiced today by leaders at P&G and GE. “Doubts ...
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... The more pertinent, general issue is not that the S-D logic of marketing is overly managerially marketing oriented, but rather that there is a need for a more robust (than economics) positive foundation (Vargo 2007) for the development of normative theory that can inform marketing managers as well a ...
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... Petrol retailers have had to contend with the “no loyalty” situation. For example, research carried out by Shell in the early 1990s suggested that 85 per cent of petrol buyers were not loyal to any brand or location (Dignam, 1996). Competing offers are generally perceived as being undifferentiated, ...
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... B. products, services, ideas and experiences. C. physical goods and services. D. products only. 13. Telus' goal in offering a specific phone that is not offered by any of the other mobile phone carriers in Canada is focused on achieving a long term advantage to deliver a unique customer experience. ...
“Service-dominant logic: continuing the evolution” (Vargo and
“Service-dominant logic: continuing the evolution” (Vargo and

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Marketing communications

Marketing communications are messages and related media used to communicate with a market. Marketing communications is the ""promotion"" part of the ""marketing mix"" or the ""four Ps"": price, place, promotion, and product. It can also refer to the strategy used by a company or individual to reach their target market through various types of communication.
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