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product
product

... referred to as the distribution channel. It can include any physical store as well as virtual stores on the Internet. ...
Marketing Basics
Marketing Basics

... promotion, and distribution of ideas, goods and services to create exchanges that satisfy individual and organizational objectives.  The primary responsibility of Marketing it the ensure the “exchange” takes place.  Marketing Mix is a primary component of Marketing. ...
Actual Product - Food and Beverage
Actual Product - Food and Beverage

... service- pricing is determined by positioning It is about differentiating the product in the mind of the customer Identify possible competitive advantage to build the position E.g. value add for existing prices A motel may charge less per room and is matched by the service it provides compared to a ...
Marketing Planning Workbook ( 505.6 KB)
Marketing Planning Workbook ( 505.6 KB)

... (from any provider) into more manageable ‘chunks’. This will allow you to begin to identify a suitable group of customers who are most likely to buy from you. This process is called, ‘segmenting the market’. Remember that you cannot be everything to everyone. You should aim what you do best at those ...
Marketing Environment
Marketing Environment

... Company’s Internal Environment- functional areas inside a company that have an impact on the marketing department’s plans. Suppliers - provide the resources needed to produce goods and services and are an important link in the “value delivery system”. Marketing Intermediaries - help the company to p ...
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... Product position is the way the product is defined by consumers on important attributes— the place the product occupies in consumers’ minds relative to competing products. • Perceptions • Impressions • Feelings ...
Annual Marketing Communication Plan Template
Annual Marketing Communication Plan Template

... exactly what communications activities you will undertake in the next 12 months, which will help you achieve your objectives when you will roll them our the target audience, key messages and communication channels how you will measure the success of each tactic and; who in your business is responsib ...
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FINAL EXAM STUDY GUIDE

... Changing raw materials or putting parts together to make them more useful 8. Place Utility – Involves having a product where customers can buy it 9. Possession Utility – The exchange of a product for some monetary value (cash, credit, check, etc) ...
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... Hours of time and effort! Call 631.924.3888 today. We can help you plan. Develop, Implement and monitor any portion or all of your advertising/direct marketing tasks And programs….your satisfaction is guaranteed! FREE initial phone consultation Based on availability. Please call for an appointment 6 ...
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... Marketing plans are vital to marketing success. They help to focus the mind of companies and marketing teams on the process of marketing i.e. what is going to be achieved and how we intend to do it. There are many approaches to marketing plans. Marketing Teacher has focussed upon the key stages of t ...
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...  Most buyers purchasing for small supermarkets, roadside stands or restaurants  Commonly commission is deducted from sale price ...
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... Discuss corporate social responsibility Responsibility in business refers to a firm’s concern for the way its decisions affect society. Social responsibility has four components: economic, legal, ethical, and philanthropic. These are intertwined, yet the most fundamental is earning a profit. If a fi ...
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... survey company • Uses diaries to gauge tune ins • Includes station and program details ...
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... How competitive is the environment? ...
Fundamentals of Marketing
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... services for personal use – Consumers’ purchase goods and services based on ...
Strategic Marketing
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... What is Competitive Advantage? • “Competitive advantage is a company’s ability to perform in one or more ways that competitors cannot or will not match.” Philip Kotler • “If you don’t have a competitive advantage, don’t compete.” Jack Welch, GE ...
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... Parents of college students are targeted for season ticket sales: Charter fishing consumers enjoy fishing off-shore - which element? Targeting a market based on where a consumer lives: Segmentation based on fan loyalty: Target mkt. is selected on customer loyalty and product satisfaction When severa ...
Segmentation, Targetting & Positioning
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...  The company goes for several products or several segment approach which calls for preparing different marketing mixes for each of the market segment  This is followed by Hindustan Lever that sell soap in different segments ...
8. Use of technology in marketing
8. Use of technology in marketing

... Organisations can sell via websites (e-commerce) as well as in-store. This allows an organisation the ability to sell 24 hours a day, 7 days a week and thus maximising their sales potential. ...
Product Life Cycle
Product Life Cycle

... stage, product must be visible • Companies will advertise heavily at this stage • The product will either catch on or fail ...
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Segmenting-targeting-positioning

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