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marketing tips
marketing tips

... the marketer uses this idea to inform, stimulate, and guide all of the elements of the marketing mix.” Marketing tip # 2; “The consumers decision to purchase a product or service is part of a journey of discovery that the consumer travels along. Sometimes it is as short as minutes when we buy on imp ...
Determinants of SME brand adaptation in global marketing
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... domestic brand to one that is relevant to the minds of its international customers. The logic of brand adaptation is parallel to that of brand re-positioning which has been long considered as an important branding activity in the domestic situation (Aaker & Shanby, 1982; DiMingo, 1988; Rise & Trout, ...
CHAPTER 2 Strategic Planning
CHAPTER 2 Strategic Planning

... Products can be tangible goods, ideas, or services. Place (distribution) strategies are concerned with making products available when and where customers want them. Promotion includes advertising, public relations, sales promotion, and personal selling. Price is what a buyer must give up to obtain a ...
Determinants of SME brand adaptation in global marketing
Determinants of SME brand adaptation in global marketing

... domestic brand to one that is relevant to the minds of its international customers. The logic of brand adaptation is parallel to that of brand re-positioning which has been long considered as an important branding activity in the domestic situation (Aaker & Shanby, 1982; DiMingo, 1988; Rise & Trout, ...
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...  Breakthrough opportunities are best BREAKTHROUGH OPPORTUNITIES--opportunities that help innovators develop hard-to-copy marketing strategies that will be very profitable for a long time.  Competitive advantage is needed--at least COMPETITIVE ADVANTAGE--a firm has a marketing mix that the target ...
Consumer Behavior: People in the Marketplace
Consumer Behavior: People in the Marketplace

...  So what’s market segmentation?  The process of dividing a market into distinct groups of buyers with different needs, characteristics, or behavior who might require separate products of marketing programs.  A market segment consists of consumers who respond in a similar way to a given set of mar ...
MKT 521- 03W: MARKETING MANAGEMENT  Fall 2012
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... be provided. I will also provide a few examples of actual marketing plans as a reference. Look for detailed instructions under ‘doc sharing’ tab. Since this assignment is a group assignment and all of you're a scattered geographically, for the ease of communication I will form a discussion board for ...
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... The market-sensing capability (Day, 1994, 1999) may meet the requirements of being such a dynamic capability. The importance of this capability has recently been acknowledged in the literature (Ramaswami et al., 2004; Cravens, 2006; Ritter, 2006; Olavarrieta and Friedmann, 2007). There has also been ...
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... function & a set of processes  for creating, communicating & delivering value to customers  & for managing customer relationships in ways that benefit the organization & its stakeholders." ...
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... with Philips’ engineers, sales/product managers and employees from Barr. A first prototype that was shown with proud managed to make juicy-red look more attractive, but Barr’s people also noted a discoloring of the originally white fat trim --it had colored pink. Working together with employees from ...
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... sacrifice some short-term margin by dropping prices to make their markets less attractive.  Second, play tough. Turn the threat of commoditization on it’s head and use it to your advantage. If you can convince potential competitors that you will respond with dramatic price cuts if they enter your m ...
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... The features of Group Purchase are as follows: low price and the product quality and service are ensured. By Group Purchase activity business builds a platform. This platform can not only meet the consumer's wishes and preferences but also give businesses an opportunity to bring a plenty of clients. ...
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... that a firm does or possesses that provides an advantage over its competitors Terms of core marketing concept = needs, wants, demand, value, cost, satisfaction, marketing, marketer, exchange, transaction, relationship Core benefit = The need that a product fulfils or the problem it solves Buyers = T ...
Technological Factors to Improve Performance of Marketing Strategy
Technological Factors to Improve Performance of Marketing Strategy

... of interactive technology is directly associated to the consumer. Having carried out an empirical study of millennial consumers, [13] finds that these consumers use interactive and integrated technologies like their mobile and internet devices to connect to brands and retailers. This finding implies ...
Contribute to the Development of a Strategic Plan
Contribute to the Development of a Strategic Plan

... Sales - the transactions between the business and its customers whereby services and/or products are provided in return for payment. Sales (sales department/sales team) also describe the activities and resources that enable this process, and sales also describe the revenues that the business derive ...
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Segmenting-targeting-positioning

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