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CHAPTER 4
CHAPTER 4

... adopt. There are four target marketing strategies: Undifferentiated (mass) marketing  Differentiated (segmented) marketing  Concentrated (niche) marketing  Micromarketing (local or individual marketing) ...
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It`s Not The Destination

... ...
Chapter 3 - FBE Moodle
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... target market, the marketing manager develops product, pricing. Promotion and place (distribution) strategies that will meet the needs and wants of the target market in a way that is superior to the competition’s offering. Implementation of a marketing plan requires the cooperation and assistance of ...
Social marketing
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... By taking time to establish how we will measure our performance, we will ensure that this critical step is taken to contribute to future successes. The temptation, and often the practice, is to go straight to advertising or promotional ideas and strategies. Questions we ask e.g.,: How can we know o ...
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...  After a company has decided which market segments to enter, it must decide how it will differentiate its market offering for each targeted segment and what positions it wants to occupy in those segments Market Positioning  A product’s position is the place the product occupies, relative to compet ...
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... should target in view of factors such as demographics, population, usage rate, life style and behavioral patterns. ...
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Part One Part Two Part Three Part Four Part Five Part

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Chapter 1 & 2 Discussion Topic: Apple Stores & Consumers

... Although brand awareness is high, the organization of the Apple store with customer focused services and comfort is a major reason (“freedom”) ...
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... product (design, quality, features, style, brand name, size, packaging, services and guarantee) pricing (basic list price, discounts, length of the payment period, credit terms...) place (distribution channels, locations of points of sale, transport, inventory size...) promotion (advertising, public ...
Supporting documents – Marketing booklet
Supporting documents – Marketing booklet

... WHAT IS A MARKET? Businesses sell to customers in markets. A market is any place where buyers and sellers meet to trade products - it could be high street shops or websites. WHAT IS MARKET RESEARCH? A business conducts market research to help identify gaps in the market and business opportunities. M ...
Marketing Planning Worksheet
Marketing Planning Worksheet

... Marketing Performance Measurement Toolkit Marketing Planning Worksheet Use this to define marketing strategies, tactics and programs. Start with the business strategy and then define a marketing strategy to support it. Then build separate strategies for the communications, product, distribution and ...
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... • Promotion is communication by marketers that informs, persuades, reminds, and builds relationships with potential buyers of a product to influence an opinion or elicit a response • IMC is a plan for optimal use of the elements of promotion ...
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Digital Marketing Expert

... A digital marketing executive plays a specialized, individual contributor role as part of the Digital Marketing & Analytics team. Through digital and online techniques and analysis, the digital marketing executive pursues specific goals in lead generation, lead qualification, communication, brand bu ...
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... Business Development and Marketing Vice President, Business Development and Marketing Exempt ...
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Midas touch April 2015

... one should be tracking over time, and what brand benefits matter most to the marketer’s target market. Marketing research is an excellent way to find the best market or target demographic for a product or service. By focusing your efforts to the right markets, you can see faster results, improved ef ...
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... directing all of their efforts to satisfying the needs and wants of the customers. Businesses make a profit by offering the goods and services that the consumer wants. Recognizes the importance of the consumer in the buying process. ...
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Sales Promotion - Cal State LA

... Sales Promotions • Directed to end customers. They are intended to… – Attract new customers – Get more business out of current customers ...
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... The “Best” Location •A location filter or checklist will help you zero in on the “perfect” location •Use a scale of 1 to 10 to rate the relative importance of each item on this list. When you finish scoring, go back and note the high numbers ...
Marketing - michael198
Marketing - michael198

... Marketing is defined by the American Marketing Association as the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. – http://www.marketingteacher.com/Lessons/lesson_w ...
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market segmentation

... paying for basic living necessities such as food, shelter, and clothing. ...
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... • Promoting products through sports ...
Market Segmentation - Durham University Community
Market Segmentation - Durham University Community

... to the firm which is the crucial thing and it may well be that segments in decline may prove a short-term option for the company because of lower levels of competition. For example, in the automotive industry, many small firms do excellent business by supplying parts for classic cars. Segment struct ...
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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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