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CHAPTER 2 Strategic Planning for Competitive Advantage
CHAPTER 2 Strategic Planning for Competitive Advantage

... Segment Summary: The Nederlander Organization The Nederlander Organization is a global theatre management company that backs productions, rents, and manages Broadway style theatres. In this video, major managers discuss the strategic decisions behind the development of a separate company to manage a ...
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... viewed as a value chain. With respect to chain marketing, a set of successive companies are working closely together to manage the flow of agricultural goods along the entire value-added chain, i.e.the agricultural marketing channel. Our concept of chain marketing is also closely related to the well ...
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... market segmentation, targeting and positioning and defining how the firm is going to compete in its chosen market, were also widely used. Finally, the use of the elements of the marketing mix, that is the 4 Ps, is adopted by most firms. (Hills and Laforge, 1992 ). It is quite clea ...
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Affiliate marketing

Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate's own marketing efforts.The industry has four core players: the merchant (also known as 'retailer' or 'brand'), the network (that contains offers for the affiliate to choose from and also takes care of the payments), the publisher (also known as 'the affiliate'), and the customer. The market has grown in complexity, resulting in the emergence of a secondary tier of players, including affiliate management agencies, super-affiliates and specialized third party vendors.Affiliate marketing overlaps with other Internet marketing methods to some degree, because affiliates often use regular advertising methods. Those methods include organic search engine optimization (SEO), paid search engine marketing (PPC - Pay Per Click), e-mail marketing, content marketing and in some sense display advertising. On the other hand, affiliates sometimes use less orthodox techniques, such as publishing reviews of products or services offered by a partner.Affiliate marketing is commonly confused with referral marketing, as both forms of marketing use third parties to drive sales to the retailer. However, both are distinct forms of marketing and the main difference between them is that affiliate marketing relies purely on financial motivations to drive sales while referral marketing relies on trust and personal relationships to drive sales.Affiliate marketing is frequently overlooked by advertisers. While search engines, e-mail, and website syndication capture much of the attention of online retailers, affiliate marketing carries a much lower profile. Still, affiliates continue to play a significant role in e-retailers' marketing strategies.
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