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Marketing Concepts
Marketing Concepts

... identified by how people spend their time and resources, what they consider important in their environment, and what they think of themselves and the world ...
Johansson - Tunghai University
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... history of marketing. 3. Define the marketing concept and its relationship to marketing myopia. 4. Describe the characteristics of not-for-profit marketing. 5. Describe the five types of nontraditional marketing. 6. Outline the changes in the marketing environment due to technology. 7. Explain the s ...
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...  Identify and profile distinct groups of buyers who differ in their needs and preferences (market segmentation).  Select one or more market segments to enter (market targeting).  For each target segment, establish and communicate the key distinctive benefit(s) of the company’s market offering (ma ...
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... more. How far you can practically plan for depends on the rate and depth of change. 2.1.2 Definition An organization's strategy that combines all of its marketing goals into one comprehensive plan. A good marketing strategy should be drawn from market research and focus ...
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... PRODUCT ELIMINATION: The removal of a weak product from the market and from the company’s product mix, also known as product discontinuation. PRODUCT ITEM: Each individual good, service, or idea that a business offers for sale. PRODUCT LIABILITY: The producer’s responsibility for any injury that the ...
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... PRODUCT ELIMINATION: The removal of a weak product from the market and from the company’s product mix, also known as product discontinuation. PRODUCT ITEM: Each individual good, service, or idea that a business offers for sale. PRODUCT LIABILITY: The producer’s responsibility for any injury that the ...
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About the Author

Market Planning and Marketing What You Produce
Market Planning and Marketing What You Produce

... “measurable” (increase sales by 10%, 15% more customers, etc. Message: to be conveyed in campaign Audience: who do you want to hear your message Strategy: how are you going to deliver your message? Includes public relations, ads, news releases Budget: what will it cost to get your message out? ...
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Introduction to Marketing - College of Business « UNT
Introduction to Marketing - College of Business « UNT

... Marketing is an organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders. ...
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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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