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SALES AND MARKETING - Dearborn Real Estate Education
SALES AND MARKETING - Dearborn Real Estate Education

... to agents and creating a sale that meets the personal needs of prospects. The second function may not necessarily result in a sale, but it increases the reputation of the agent or agency. Professional marketers carefully research their environment. After analyzing the research data, marketers balanc ...
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... 6. What are the benefits and limitations of global marketing strategies? Benefits of global marketing strategy fall into four categories: cost reduction, improved quality of products and programs, enhanced customer preference and increased competitive advantage. The limits to global marketing includ ...
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... insight has become even more vital as it has given rise to a savvy, more empowered consumer who now expects much more from brands before purchase commitment. Consumers are demanding to be seen as individuals and therefore careful consideration must be taken to satisfy and understand each individual ...
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... management functional areas of the organization. The contiguous communication between consumers and organization affirmed to support the implementation of IMC by catering information about consumers and getting the feedback. Adverse market ambiance characterized by close competition and a deficiency ...
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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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