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Promotional Concepts and strategies
Promotional Concepts and strategies

... Using a brand name product in a movie, TV show, video games, sporting event, or even in a commercial for another product. Ex. Survivor, American Idol, Mt. Dew & Doritos Etc.. ...
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... Marketing Concepts and Tools: Definition of marketing: There are two types of definitions that can be applied to Marketing.  Social definition – process to deliver a higher standard of living  Managerial definition – the art of selling products The American Marketing Association says – “Marketing ...
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Chapter 1 - NMSU College of Business
Chapter 1 - NMSU College of Business

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... Phone: 424-0425 ext. 0 (note: email is the best way to reach me) Office Hours: By Appointment ...
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Strategic MKT

... The marketing audit has certain similarities to a financial audit in that it is a review or appraisal of your existing marketing activities. Carrying out the marketing audit provides the opportunity to review and appraise your whole marketing activity, It enables you to assess past and present perfo ...
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MTKG 691 Marketing Analytics: Course Description Marketing

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... Price, place, product, promotion expand to include people and processes. This includes relationships with suppliers, current and potential employees - not just customers. TQM and organisational integration key to success. ...
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... and behavioral variables are bases for identifying market segments. Whichever segmentation approach an organization chooses, four general criteria of good segmentation are measurability, substantiality, accessibility, and responsiveness. After investigating alternative segmentation approaches, manag ...
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BA230 marketing mix
BA230 marketing mix

... product (such as size, color, flavor, or aroma) that serve to influence the consumer’s perceptions of product quality. • For instance, a toilet tissue is preferred for superior durability and softness and a television for movie-quality picture and sound. ...
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Marketing Environment - University of Baltimore

... more control the seller has over price. (No close substitutes.) ...
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Marketing Practicum_Chapter14

... Promotion Mix Cont…  Public relations:  Build relationships and a corporate image  Direct marketing:  Builds customer relationships  Less public  Immediate and customized  Tailored to specific customers  Interactive ...
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Price

... Where goods are sold to the highest bidder. Buyers bid for produce by offering price to auctioneer. Sold to the buyer who offers the highest price. Auctioneer tries to sell everything that is on offer. Auctioneer takes a % of price paid – commission. Advantages: Producers get a fair price, do not ne ...
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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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