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10 - Week Ten
10 - Week Ten

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Retail Assortment: More ≠ Better
Retail Assortment: More ≠ Better

... Further, if actual variety is increased in a disorganized manner, the disruptive impact on consumers will be less than if it was increased in an organized manner. Symmetrical vs. Asymmetrical Assortments. When assortments are asymmetrical (i.e., some items appear more or less frequently than others) ...
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... What is a Brand? • Name, term, sign, symbol, or design, or a combination of them intended to identify the goods and services of one seller or groups of sellers and to differentiate them from those of competition.” - AMA • Not all products are brands. – Focus of Court et al. reading Introduction to ...
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Experiential Marketing: Can it be Localized, Personalized and

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... user is allowed to receive the pages he/she is interested in, without having to surf the Internet for them once again. The call center employees will recognize the caller, by using the call history, and will easily get to the more relevant issues. This should also be happening at the sales points or ...
Sales and Consumer Inventory - University of Virginia Information
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... is a function of the current price, the current inventory and a stochastic shock. In any period quantity purchased which is not consumed is stored as inventory. The quantity consumed can exceed the quantity purchased that period, but cannot exceed purchases plus current inventories. The stochastic ...
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... • Promotions inform customers about: • New products • Improved products • New uses for existing products • Special values on products • Helps to create an image or impression of a business. • A business might want to change its image to attract a different or expanded target market. • Coordinated ad ...
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... Brief history of the term “marketing-mix” E. Jerome McCarthy grouped each aspect into 4 categories  The 4P’s of Marketing: product, place, price, promotion ...
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Just-in-time marketing
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... broadcast methods like television, radio and print that push messages nearly indiscriminately towards broad swaths of consumers. And, even when they do advertise online, marketers often accept shockingly low clickthrough rates for a meagre return on their investment. Clearly, much of today’s marketi ...
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... The purpose of sales promotion is to stimulate, motivate and influence the purchase and other desired behavioral responses of the firm’s customers.” “An activity designed to boost the sales of a product or service. It may include an advertising campaign, increased PR activity, a free-sample campaign ...
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... Outbound marketing is described as a form of marketing that is pushed on to consumers who neither desire nor absorb most of the content (Steenburgh et al. 2011). Traditional forms of advertising such as direct mail and signage are classified as forms of inbound marketing (Trusov et al. 2009). ...
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... shift in values on the part of Gen Y consumers. The marketers that capture Gen Y’s attention do so by bringing their messages to the places these kids congregate, whether it’s the Internet, a snowboarding tournament, or cable TV. The ads may be funny or disarmingly direct. What they don’t do is sugg ...
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Visual merchandising



Visual merchandising is the activity and profession of developing the floor plans and three-dimensional displays in order to maximize sales.Both goods or services can be displayed to highlight their features and benefits. The purpose of such visual merchandising is to attract, engage, and motivate the customer towards making a purchase.Visual merchandising commonly occurs in retail spaces such as retail stores and trade shows.
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