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Profile Documents Logout
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... and services, to conduct exchanges that satisfy individual and organizational goals. Marketing is one of the most essential tools for business success through business orientation towards the market, in other words, customer orientation. The study of consumer behavior became a concern for marketers, ...
Managing the Product
Managing the Product

... • Signaled by a long-run drop in sales • Rate of decline is governed by how rapidly consumer tastes change or how rapidly substitute products are adopted. • Falling demand forces many out of market • Few specialty firms left ...
File
File

... - many people are involved and the process is long – suppliers need to invest heavily in time to influence all of ...
Session 2 Kotler4e_C..
Session 2 Kotler4e_C..

... Needs, Wants and Demands (2) – When a need is not satisfied, a person will either try to reduce the need or look for an object that will satisfy it – People in less economically developed societies might try to reduce their desires and satisfy them with what is available – People in industrial soci ...
Marketing Management
Marketing Management

... a) Transportation: The physical movement of the products from the producers to the consumers. This makes the availability of the goods conveniently and they are easily accessible. The better and faster means of transportation used, faster the product reaches the customers and the manufacturer gets t ...
Jennifer Weiderman
Jennifer Weiderman

Market Segmentation
Market Segmentation

... consumers into groups with similar needs and buying behaviors even though they are located in different countries ...
Document
Document

... Study 3: The Value of Virtual Communities: A Test of Competing Models • Both member-initiated and firm-sponsored virtual customer communities can be valuable to marketers, based on relational trust in the sponsor. (Devaraj, Porter and Sun 2006) – Member perceptions of information quality drive trus ...
Jay Hofkamp Resume
Jay Hofkamp Resume

... Lands' End, Dodgeville, WI Provided leadership, strategic direction and management for all Search Marketing channels including Paid Search, Search Engine Optimization (SEO), Comparison Search Engines, and Display Advertising. Responsibilities included growing qualified website traffic, identifying a ...
Creating a marketing communications plan
Creating a marketing communications plan

... • About your company image typically address overall branding. • Must be consistent and compatible with each other and your company branding. • Must reflect the stage of the communications process you are addressing. Creating awareness requires different messages than creating preference. To learn m ...
Market Research
Market Research

... • How to collect certain information about your customers, market and competitors. This information tells you about your potential market, prices, trends, competition, target customer, its preferences, income, habits, accessibility, convenient time and plans. This information should be accurate, and ...
4-18 - J. Sargeant Reynolds
4-18 - J. Sargeant Reynolds

... Channels: the means by which organizations attempt to inform, persuade, and remind consumers directly or indirectly about the products and services they offer. Collateral: a collection of media used to support the sales and promotion of a product or service. Social media: a form of online communicat ...
Building your school`s brand
Building your school`s brand

... so are the office staff who answer the phone ...
Matthew Berry Named as Academy of Marketing Science 2014
Matthew Berry Named as Academy of Marketing Science 2014

CH3
CH3

... Developing and implementing marketing plans involves a number of decisions. Making those decisions is both an art and a science. To provide insight into and inspiration for marketing decision making, companies must possess comprehensive, up-to-date information on both macro trends as well as more mi ...
SerCom Solutions Marketing Materials White Paper
SerCom Solutions Marketing Materials White Paper

... The challenge for companies is to get the right balance between controlling the cost of these items and ensuring they have sufficient budget to support attractive opportunities. This is particularly important when budgets are tight. Research among North American companies shows that costs are an is ...
KotlerMM_ch16
KotlerMM_ch16

... meet demand, then implementing and controlling the physical flow of materials and goods from points of origin to points of use to meet customer requirements ...
POSITION DESCRIPTION Name: TBA Job title: Marketing Assistant
POSITION DESCRIPTION Name: TBA Job title: Marketing Assistant

... The Marketing Assistant, Secondary will contribute to the sales success of Cengage’s Secondary Division by assisting with the marketing of locally published and imported resources in Secondary marketing department. The Marketing Assistant, Secondary will assist the Secondary marketing department for ...
How Retailers Can Better Identify High-Potential Prospects
How Retailers Can Better Identify High-Potential Prospects

... Outcome: With the addition of economic insights, retailers can likely reduce their target audience and still reach a highpotential sweet spot of buyers Retailers can now combine IXI economic data, insights and prospecting lists to enhance the efficiency of marketing efforts promoting new store openi ...
File - Md. Mahbubul Alam, PhD
File - Md. Mahbubul Alam, PhD

...  Collaborative shopping sharing shopping experiences.  Network notification sharing consumers’ approval (or disapproval).  Social search (recommendation) Asking friends for purchase decisions. Blog marketing  Educated, higher-income audience  Ideal platform to start viral campaign Game marke ...
Marketing January 22
Marketing January 22

... Be able to define the three steps of target marketing: market segmentation, target marketing, and market positioning. Understand the major bases for segmenting consumer and business markets. ...
PPT
PPT

... • A university might consider different academic schools or departments as separate businesses • In small groups, consider how your university might divide its academic units into separate SBUs • What would be the problems with implementing such a plan? • What would be the advantages & disadvantages ...
Auto Dealers Report Targeted Direct Mail
Auto Dealers Report Targeted Direct Mail

... Today’s “big data” opportunities deliver a wealth of data on each customer that can be turned into actionable marketing information to drive them back to the dealership. The biggest opportunity here is the low-hanging fruit of customers who are currently ‘in equity’ in their vehicle. Using complex d ...
COURSE TITLE (COURSE CODE)
COURSE TITLE (COURSE CODE)

... I.3 Illustrate the role of market research in understanding consumer behavior c. Practical/Professional Skills Upon completion of the course, students should be able to: P.1 Analyze and explain strategies related to the elements of the marketing mix (product, price, distribution, promotion d. Genera ...
Promotion and Pricing Strategies
Promotion and Pricing Strategies

... Advertising and the Product Life Cycle • Informative advertising Build ____________ demand for a product. • Persuasive advertising Improve the ____________ status of a product. • Reminder-oriented advertising Maintain awareness of the importance and usefulness of a ____________. ...
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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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