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Chapter 1-Personal Selling Today
Chapter 1-Personal Selling Today

... Customer orientation replaces product orientation. Salespeople becoming diagnosticians of customer’s needs as well as consultants. Mass markets change to target markets. Evolution to a more complex selling environment with greater emphasis on niches. More emphasis on planning. Salespeople are encour ...
PART 1 PART 2 PART 3 PART 4 PART 5
PART 1 PART 2 PART 3 PART 4 PART 5

... outlets is essential. A consumer wanting Wrigley’s Spearmint Gum would most likely purchase another brand of spearmint gum if Wrigley’s were not available. Durable products, however, generally cost more than nondurable goods and last longer, and so consumers usually deliberate longer before purchasi ...
LESSON 2.4
LESSON 2.4

... Primary Functions of Marketing 1. Pricing: Assigning a value to products and services Price is determined on the basis of supply and demand Tickets to the Super Bowl are very expensive because demand is high. In 2013, the New York Jets chose to lower the prices on about 5,000 seats combined for seas ...
Customer Life Cycle Journey - I imagine Creative Innovation
Customer Life Cycle Journey - I imagine Creative Innovation



... Firms or businesses exist when there is a market to serve or when there is a demand to fill. Expansion for an existing firm is a complex process much less starting from scratch. When deciding to choose a market, there are many considerations that have to be done on the manager's level and on the bus ...
Market - TU Freiberg
Market - TU Freiberg

... • Nevertheless, 48 million predominantly low-income consumers in Brazil´s Northeast are a segment that Unilever does not reach with its current brands Omo, Minerva, and Campeiro. • Unilever Brazil discusses how the segment can be reached and developed for Unilever´s detergent powder. • Critics at Un ...
Social Media Marketing – why businesses need to use it and how
Social Media Marketing – why businesses need to use it and how

... Social media can be a devourer of resources, especially time. It is a mistake to believe that social media marketing is free because time is a valuable business resource and there will be an opportunity cost for the time spent on social media. Therefore it is important to be disciplined in terms of ...
Political Marketing vs. Commercial Marketing: Something in
Political Marketing vs. Commercial Marketing: Something in

... The game can be good or bad, ethical or immoral, depending upon the attitude of the player.” Politics are 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 governm ...
Promo Marketing Media Kit 2017
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... f you’re convinced cold calling is still a worthwhile sales tactic, don’t look to Google for affirmation. A search for “cold-calling statistics” turns up a whole bunch of numbers, most of them overwhelmingly negative. An article titled “The Horrifying Reality of Cold Calling” (the first Google resul ...
brand - isomclasses
brand - isomclasses

... Brand extension X is a branding strategy that uses an existing brand name to promote a new or improved product in a company’s product line. This strategy’s risk is overextending a product line and diluting the brand with too many products. ...
The Marketing of Professional Services—An Organisational Dilemma
The Marketing of Professional Services—An Organisational Dilemma

... It is common for a professional mainly to spend his time in operating assignments but it is less common for him only to market, develop or administer the services. In the cases I have come across, where the professional is restricted to marketing, developing or administering services, results have b ...
Winning with Hispanic Shoppers
Winning with Hispanic Shoppers

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Marketing Strategy

... • A strength is meaningful only when it is useful to satisfy a customer need. When this is the case, that strength becomes a capability. • A customer-focused SWOT analysis can also uncover a firm's potential weaknesses. • While some weaknesses may be harmless, those that relate to specific customer ...
Marketing Information System
Marketing Information System

... • A sample is a segment of the population selected to represent the population as a whole • To design a sample four decisions must be made: – Who will be surveyed? – How many people will be surveyed? – How will the sample be chosen? • Probability or nonprobability samples ...
Reading on Marketing Mix
Reading on Marketing Mix

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... use of advanced research methods in business research. Application of advanced sampling, measurement, and data analysis methods in research on market segmentation, market structure, consumers' perceptions and decision processes, marketing communication, new product development, and pricing. MKT 545: ...
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... INTRODUCTION The world is such a diverse place, filled with people from different cultures and countries, speaking different languages and dialects. Due to this diversity, it is crucial that media communications are just as diverse as the audiences of the world. A company should make advertisements ...
marketing starts with customers
marketing starts with customers

... Why is problem recognition so crucial to consumers’ decisionmaking processes? Click icon to listen to answer ...
Introduction to Nonprofit Marketing
Introduction to Nonprofit Marketing

... Nonprofit organizations usually benefit from being widely known in society. There are many nonprofit organizations and many opportunities for people to contribute to a worthy cause. A nonprofit’s first task in competing for donations is becoming well-known to the community it serves. People are bomb ...
Marketing for MOST
Marketing for MOST

... – A product is anything that can be offered to a market for attention, acquisition, use or consumption that might satisfy a want or need. It includes physical objects, services, person, places, organizations and ideas. – More broadly defined, products also include other entities such as experiences, ...
Information gathering and marketing
Information gathering and marketing

... However, if consumers are ex-ante heterogeneous (if a good match is worth more to some consumers than others), the …rm might prefer an intermediate information strategy. In this case, some consumers choose to get informed, while others prefer to buy without getting informed. Indeed, the …rm might pr ...
Strategic Planning & The Marketing Process
Strategic Planning & The Marketing Process

... Importance of Marketing  Everyone needs it! (politicians, churches, resumes)  What if marketing (e.g., ads, brands) did not exist? How would your life be different in these ways?  Your favorite (and not so favorite) local and global businesses ...
ECOFORUM [Volume 6, Issue 1(10), 2017] M.IŠORAITĖ Vilniaus
ECOFORUM [Volume 6, Issue 1(10), 2017] M.IŠORAITĖ Vilniaus

... specifically describe (selected keywords) every online store page photo and others. Search engines and online shopping quality of the content, so the text should also be then integrated the relevant keywords. In addition, SEM includes a reference from the store to the store and use, e.g. more and be ...
MARKETING AND CREATIVE ECONOMY
MARKETING AND CREATIVE ECONOMY

... The hard and soft issues, internal and external factors of the business include: economics, regulations, politics and natural environment. The combination between these variables decides the success or failure of the business. (Blank & Dorf, 2012) ...
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Target audience

A target audience is the intended audience or readership of a publication, advertisement, or other message. In marketing and advertising, it is a specific group of people within the target market at which a product or the marketing message of a product is aimed (Kotler 2000). For example, if a company sells new diet programs for men with heart disease (target market), the communication may be aimed at those men but also perhaps at their spouses (target audience). Targeted marketing and targeted advertising strive for narrowcasting rather than broadcasting.A target audience can be formed of people of a certain age group, gender, marital status, etc., e.g. teenagers, females, single people, etc. A combination of factors, e.g. men aged 20–30 is a common target audience. Other groups, although not the main focus, may also be interested. Discovering the appropriate target market(s)and determining the target audience is one of the most important activities in marketing management (Niewenhuizen et al. 2000). Perhaps the biggest mistake it is possible to make in targeting is trying to reach everybody and ending up appealing to no-one.
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