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Fremdsprachenzentrum Johannes Gutenberg
Fremdsprachenzentrum Johannes Gutenberg

... – profits peak levels because of the increased demand (high pricing) – strategy: new market penetration, market share expansion – tactics: product improvement, development of new channels of distribution, manipulation of price and quality – maturity – many competitors remain, they compete for smalle ...
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... Choosing the best market for a product may seem like a simple proposition, however it is a decision that requires forethought and good judgment. Few entrepreneurs have the resources to reach out to all potential markets. The large mass markets often appear at first glance to be the most desirable be ...
Intro Marketing - GCSE Business Studies
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... 2009, the company reasoned that passengers would be charged £1 to use the toilets on board. O'Leary reasoned that passengers could use the terminals at either the destination or arrival airport. This would speed things up. It was reasoned that this is what passengers wanted since they did not want o ...
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... Goods are tangible items such as sports equipment. That is, you can touch and feel them. Services are intangible products, such as going to a movie. That is, you cannot touch or feel it. The Marketing Process ...
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WJHS CURRICULUM MAP

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Digital Metropolis
Digital Metropolis

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Product Life Cycle – Extension Strategies
Product Life Cycle – Extension Strategies

... In the maturity stage it is more likely to focus on highlighting the difference between your product and its competitors. At the beginning of the lifecycle technological products may be launched with a high price i.e. the iPhone. However overtime the price will fall as newer models are being launche ...
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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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