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Product Differentiation and Market Segmentation as Alternative
Product Differentiation and Market Segmentation as Alternative

... market that will not be denied. It may result from trial and error in the sense marketing abounds in formal definitions of product differentiation. From a stratthat generalized programs of product egy viewpoint, product differentiationdifferentiation is may turn out to be efsecuring a measure of con ...
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xxxxyyy - Herbig Marketing Associates

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... analyse and consider both the needs of the market and the company’s ability to competently serve those needs – thereby making the company better informed about its customers 2. Competitor offerings and marketing positioning must also be analysed in this context so the company must consider what its ...
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... substitute more attractive to customers. 3. The price performance trade-off of the substitute is not significant in customer’s minds. ...
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... your direct mail campaign worked in London, do not assume it will work in Kuala Lumpur. Although there may be a European Union, but there is no such thing as a “European.” (Not True !!) Pick your target, focus on one country, and do your homework. Customers need to be able to return products locally ...
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... • Consumer Goods: purchased and used by the ultimate consumer for personal use • Business Goods: purchased by organizations for use in their operation – Depending on the intended use of the product, the same product could be both a consumer good and a business good ...
kapadia shivani
kapadia shivani

... customer preferences act as a guide for segmenting these markets. However it is difficult to obtain data on personal characteristics, but the company’s sales force can be effectively used for gathering such information. ...
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Progress Report: Business Case for Biometric Devices

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... Almost every enthusiastic salesperson thinks his or her firm provides better service than their competitors. If this is accurate, and customers recognize it, the salesperson creates and delivers value through: A) customer excellence B) operational excellence. C) product excellence. D) promotional ex ...
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First-mover advantage

In marketing strategy, first-mover advantage, or FMA, is the advantage gained by the initial (""first-moving"") significant occupant of a market segment. It may be also referred to as Technological Leadership.A market participant has first-mover advantage if it is the first entrant and gains a competitive advantage through control of resources. With this advantage, first-movers can be rewarded with huge profit margins and a monopoly-like status.Not all first-movers are rewarded. If the first-mover does not capitalize on its advantage, its ""first-mover disadvantages"" leave opportunity for new entrants to enter the market and compete more effectively and efficiently than the first-movers; such firms have ""second-mover advantage.""
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