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Trends
Trends

... Seven (or Eight) Steps in Marketing Process • Identify and understand changes in the external environment that creates opportunities • Identify and understand customer needs – Identify customer segments (groups of customers with similar needs and response to marketing offer) – Identify target marke ...
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... To maximize employee buy-in and program success it is important to conduct awareness campaigns or incentive programs to drive appropriate associate participation in the program. Once the program is completed, tracking and reporting the actual results of the campaign will assist in building internal ...
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... shape a firm’s ability to create value, and familiarize you with tools to analyze industries, resources and competitive interactions, both on the corporate and individual business level. The course strives to instill a strategic mindset that will enable you to go beyond simply applying tools to deri ...
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... Nation’s economy in that it is a major source of raw materials for the agro-allied industries and a potent source of the much needed foreign exchange. It is a major contributor to Nigeria’s GDP and small-scale farmers play a dominant role in this contribution (Rahji and Fakayode 2009:91). However, o ...
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social marketing for health

... Social marketing may broadly be defined as the application of marketing techniques to social problems. It covers a wide variety of disciplines including health education, advertising, economics, business management, scientific research, systems analysis, community organization, psychology and epide ...
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... buyers to some extent, to move from single transaction consummation to investment in longer term streams of mutually profitable partnership behaviors ( Anderson and Weitz, 1989; Dwyer, Schurr and Oh, 1987; Morgan and Hunt, 1994; Weitz and Jap, 1995). In this context, the following objectives are lai ...
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... some cases even at the “unconscious” level. In order to develop the practice, it takes a wellproven theory that must also be adapted to the current demands of the domain of business relationship with suppliers. Thus, it is necessary to have the required information about the current state of impleme ...
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... other graphic elements used in an ad. It should attract and hold attention and encourage action. Clip art X takes the form of images, stock drawings, and photographs. Clip art is often used for print advertisements. ...
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... helps him to achieve this. Knowledge of strategic planning, implementation and control is therefore necessary for a marketer to survive in the changing environment. ...
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... are spending more time pounding the pavement and visiting precincts like Causeway Bay than they do online. As such, e-commerce is not as advanced in Hong Kong as it is in other economies and shopping is still very much a leisure pursuit. These two factors have hindered the development of some channe ...
The Marketing Research Process
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... – Cost-effective alternative and also provide anonymity. – Help markets track consumer attitudes through ongoing research. – Response rates are typically much lower than for personal interviews. – Usually takes a long time to conduct. – Questionnaire cannot answer unanticipated questions that occur. ...
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Evolution of Marketing as a Discipline - AMA Journals

... tools, inventory management tools, and content management systems (Hunter and Perreault 2007). These technologies enabled managers to gain timely access to customer, product inventory, and market intelligence data and thus respond to customer questions more quickly and with better information. In th ...
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Customer Relationship Management, Database Marketing

... research, evaluate and buy product and services they use. 2. Digital channels transcend traditional constraints like geography and time zones. 3. Digital technology allows you to hone your marketing message with laser-like precision to target very specific niche segment within the wider market 4. Di ...
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Services Marketing Strategies

... services are supplied by a person (service provider) and assume the ‘characteristic of inseparability’. • Location is a key marketing decision about where to locate the service for easy access to the customer and how to bring the two ...
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Marketing research

Marketing research is ""the process or set of processes that links the consumers, customers, and end users to the marketer through information — information used to identify and define marketing opportunities and problems; generate, refine, and evaluate marketing actions; monitor marketing performance; and improve understanding of marketing as a process. Marketing research specifies the information required to address these issues, designs the method for collecting information, manages and implements the data collection process, analyzes the results, and communicates the findings and their implications.""It is the systematic gathering, recording, and analysis of qualitative and quantitative data about issues relating to marketing products and services. The goal of marketing research is to identify and assess how changing elements of the marketing mix impacts customer behavior. The term is commonly interchanged with market research; however, expert practitioners may wish to draw a distinction, in that market research is concerned specifically with markets, while marketing research is concerned specifically about marketing processes.Marketing research is often partitioned into two sets of categorical pairs, either by target market: Consumer marketing research, and Business-to-business (B2B) marketing researchOr, alternatively, by methodological approach: Qualitative marketing research, and Quantitative marketing researchConsumer marketing research is a form of applied sociology that concentrates on understanding the preferences, attitudes, and behaviors of consumers in a market-based economy, and it aims to understand the effects and comparative success of marketing campaigns. The field of consumer marketing research as a statistical science was pioneered by Arthur Nielsen with the founding of the ACNielsen Company in 1923.Thus, marketing research may also be described as the systematic and objective identification, collection, analysis, and dissemination of information for the purpose of assisting management in decision making related to the identification and solution of problems and opportunities in marketing.
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