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chapter 10 - Glendale Community College
chapter 10 - Glendale Community College

... understanding opportunities to develop local and global products in different parts of the world. Some products and brands benefit from the country-of-origin effect. Product decisions must also address packaging issues such as labeling and aesthetics. Also, express warranty policies must be appropri ...
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... competition for shelf spaces of other entertainment products such as DVDs, discount prices, availability of only most popular titles on shelves, reducing variety to consumers. For instance, according to the music and video director of Carrefour, the music variety offered on the shelves was reduced by ...
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... marginal revenue of innovation and development. Monopolistically competitive firms spend huge amounts on marketing. Such selling costs are fixed costs, which shift the firm’s ATC curve upward. Because all firms advertise, the effect of advertising on the demand for any particular firm’s product is a ...
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... Product line decisions • Product Line Length. This refers to the number of products in the line. The line is too short if adding items increases profits; too long if dropping items increases profits. Company objectives of full-line offerings may decrease strict profit criterion on length. • Product ...
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... At Seymour Sloan, we have worked with FMCG brands on a number of growth initiatives and the core message from our work has been that, for a brand to grow they must increase the number of purchasers. As obvious as it sounds, we have found that often our clients are thinking in terms of targeting nich ...
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The Value of a Non-Traditional Approach to Marketing Education

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Writing an Association Marketing Plan That Really Works

... of reasons, including the lack of competency in the field, not having one person responsible for marketing, and marketing simply being low on the priority list. Most associations undertake a membership recruitment drive at one time or another. It's usually during this process that association execut ...
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... • Overall Goal: To revive sales by increasing consumer awareness of our “Better For You” beverage. • Major Objectives: Gain product acceptance in 35% of our target market Increase current sales of Crystal Light by 6% Increase share of fruit drink mix market to ...
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... service. For instance, the cost of producing a software CD is about the same independent of the software on it, but the prices vary with the perceived value the customers are expected to have. Other important pricing strategies for enhancing customer satisfaction include absorption pricing, high-low ...
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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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