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Slide 1
Slide 1

... Creating Customer Acquisition and Retention by means of Permission Based Email Marketing ...
Preview Sample 1
Preview Sample 1

... 31. Each element of the marketing mix—product, price, distribution, and promotion—is a subset of the overall marketing strategy. ANS: OBJ: STA: TOP: KEY: ...
Relationship Marketing in Tourism
Relationship Marketing in Tourism

The Social Marketing Solution
The Social Marketing Solution

... poverty. But poverty is affected by behavioral choices, and behavior is influenced by information. Social marketing views the poor as rational consumers of information who change their behaviors when presented with information in a compelling way…the very thing marketers do so well, whether selling ...
Master Thesis Exposé
Master Thesis Exposé

... subject of popular commentaries for centuries (Tigert, Ring, & King, 1976). In contemporary society, however, fashion lifecycle further speeded up, as a consequence of materialism and increasing search for variety. It is now fundamental for firms to have a clear understanding of people’s interpretat ...
Marketing Strategy Chapter 3
Marketing Strategy Chapter 3

... Both current and potential customers can be segmented according to expected long-term profits or CLV. The graph below plots the CLV distribution of firm, which consists of inactive customers (low to negative CLV), active customers (positive CLV), and highly active customers (very high CLV) shows tha ...
Marketing Strategy Chapter 3
Marketing Strategy Chapter 3

... Both current and potential customers can be segmented according to expected long-term profits or CLV. The graph below plots the CLV distribution of firm, which consists of inactive customers (low to negative CLV), active customers (positive CLV), and highly active customers (very high CLV) shows tha ...
FREE Sample Here
FREE Sample Here

... 16. Environmental scanning entails the collection and analysis of information about factors that may affect the organization as well as the identification of market opportunities and threats. ANS: T PTS: 1 REF: 24 OBJ: 02-5 TOP: AACSB Reflective Thinking KEY: CB&E Model Strategy MSC: BLOOMS Level II ...
Customer Loyalty Development: The Role Of Switching Costs
Customer Loyalty Development: The Role Of Switching Costs

... offline channels to the target audience), but also on the interactive dimension where promises are delivered (through the direct or remote interaction with employees of the organization). In order to enable the delivery of these promises the organization needs to identify managerial actions, such as ...
PRIMEtime
PRIMEtime

Determinants of Consumer Perceptions toward Mobile Advertising
Determinants of Consumer Perceptions toward Mobile Advertising

... been investigated more in the context of the “traditional” Internet. Web-based research in a cross-cultural context has revealed that a user's cultural background strongly influences his/her perception of visible advertising design elements (Marcus and Gould 2000; Park and Lee 2009; Sultan, Rohm, an ...
Chapter 26 Pricing Strategies
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... how the public will receive their product or service based on supply-and-demand theory and on the exceptions that occur because of demand elasticity. Businesses need to investigate what prices their competitors are charging for similar goods. ...
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- TAKORADI POLYTECHNIC REPOSITORY

... Commercial advertisers often seek to generate increased consumption of their products or services through branding, which involves the repetition of an image or product name in an effort to associate related qualities with the brand in the minds of consumers. Different types of media can be used to ...
Steven Carlisle
Steven Carlisle

... these, Pizza Hut and Dominoes Pizza are the strongest competitors. However, recently, there has been an increase in the amount of take and bake pizza restaurants owned both locally and nationally; Papa Murphy‟s Take and Bake Pizza is one of the nationally owned chains. These restaurants put pressure ...
introducing and managing the product
introducing and managing the product

... i.e., wholesalers and retailers, to carry the product. If the product is not available when, where, and in a form desirable by the consumer, the convenience product will fail. From the consumer's perspective, little time, planning, or effort go into buying convenience goods. Consequently, marketers ...
catalogues
catalogues

... artwork etc, but keeping to a predetermined length may mean something will have to be deleted or have its space reallocated 3. Major changes and new editions of a catalogue are not done frequently 4. A catalogue needs to be sent out and then left with clients for some time before its costs are recov ...
Is Customer Satisfaction an Indicator of Customer Loyalty?
Is Customer Satisfaction an Indicator of Customer Loyalty?

... received against what was expected, including the purchase decision itself and the needs and wants associated with the purchase (Armstrong and Kotler, 1996). Many empirical studies have shown that customer satisfaction secures future revenues (Fornell, 1992; Bolton, 1998), reduces future transaction ...
Guerrilla Marketing: A low-cost strategy for startups
Guerrilla Marketing: A low-cost strategy for startups

... are restricted from using traditional marketing methods that are associated with high costs. An alternative strategy that does not require extensive financial resources and can help break through the endless clutter of marketing campaigns is guerrilla marketing. The aim of this paper is to contribut ...
Common (Mis)understandings of Marketing ROI
Common (Mis)understandings of Marketing ROI

... Decision Making Presumably the mantra “if it ain’t broke, don’t fix it” enters the business and marketing world. However just because a process or a campaign is not broken does not mean it cannot be improved upon. At one end of the spectrum, a campaign that is unsuccessful is often met with hosts of ...
4.5: Relationship between promotional activities and brand loyalty.
4.5: Relationship between promotional activities and brand loyalty.

... of the marketing mix i.e. product, price, promotions, and distribution. It is the communication link between sellers and buyers for the purpose of influencing, informing, or persuading a potential buyer’s purchasing decision (Kurtz and Dave 2010). The specification of five elements creates a promoti ...
FREE Sample Here
FREE Sample Here

... the marketing mix, or four Ps, including all of the following EXCEPT: A. product B. place C. performance D. promotion E. price ...
Influence of Customer Relationship Management (CRM) on
Influence of Customer Relationship Management (CRM) on

... retaining current customers. Indeed, retaining customers and strengthening their loyalty is a very effective but complicated method to increase a company’s success. On their way to profitability companies seek for the best marketing strategy. There are a lot of marketing strategies. Some companies h ...
Global marketing advertising with cultural differences
Global marketing advertising with cultural differences

... consumption behavior (Tse and Wong, 1988). Cultural influences what is purchased as well as why, how, when, where and by whom a product is purchased (Ricks, 1983). Therefore, it can be assumed that “culture impacts every aspects of marketing strategy” (Jain, 1989, p. 73). The marketer who does not u ...
Branding and its Competitive Advantage in the Consumer
Branding and its Competitive Advantage in the Consumer

... The Indian retail market has undergone a sea of change since the early nineties till the present time. This highly fragmented retail market, with organized retail in a very nascent stage had negligible organized retail in the early nineties. There were no large departmental stores that catered to ev ...
keynotes
keynotes

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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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