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Marketing
Marketing

... The portion of a market that an organization attempts to serve with its marketing mix Irwin/McGraw-Hill ...
PDF
PDF

... to keep their brands at the top. A way to steal a march on the competition is to open up a new market for your product or convert an existing audience. For example, drinks companies compete in a very saturated market where the consumer will favour a few types of drinks, and stick with a couple of br ...
Central vs de-central marketing organization
Central vs de-central marketing organization

... In the aftermath of economic pressure we see a strong tendency for centralization. In an effort to increase strategic and operational control, to enforce alignment and to reduce costs. This drive for centralization also occurs in many marketing organizations and can be seen on local level but more o ...
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FREE Sample Here
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... In 2005, the American Marketing Association changed the definition of marketing to better reflect the realities of competing in today’s marketplace: “Marketing is an organizational function and a set of business processes for creating, communicating, and delivering value to customers and for managin ...
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Marketing - The Basics

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Chapter 2 - Market Structure, Types and Segmentation
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... thousands of people that cannot be reached by just having a store on the corner. Marketing gets the word out about the services/products a company has to offer. Marketing lets people know what the company is about and how the company can help them or make their life easier. Without it, marketing, pe ...
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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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