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CONSUMERISM THE SHAME OF MARKETING IN NIGERIA
CONSUMERISM THE SHAME OF MARKETING IN NIGERIA

... true interest and the cost of a loan (truth-in-lending), the true cost per standard unit of competing brands (unit pricing), the ingredients in a product (ingredient labeling), the nutritional quality of foods (nutritional labeling), the freshness of products (truth-in-advertising). The proposal rel ...
The way to profitable Internet grocery retailing
The way to profitable Internet grocery retailing

... argue that there are three common beliefs (often based on consumer surveys) about customer needs that should be questioned: 1. (1) Customers need to get all the items they have purchased instantly. 2. (2) Customers need a wide assortment from which to choose each time purchases are made. 3. (3) Cust ...
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... My Aarong Reward card (MARC) is a scheme to acknowledge regular and loyal customers of Aarong. The mission is to strengthen the relation with the existing and potential customer by enhancing brand loyalty. This program will allow our MARC customers to earn and redeem points on their purchase. This l ...
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... • Identfying the target market • Defining and segmenting a market • Choosing target market segments Market: Is the set of actual and potential buyers who have sufficient interset in, income for, and access to a product Market segmentation: Devide the market into distinct ...
An Opportunity for Tomorrow`s Multi
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... 36. What does applying the customerorientation element of the marketing concept enable the business to do? A. Offer products that consumers want to buy B. Persuade customers to buy its products C. Provide more products than consumers need D. Coordinate its marketing activities ...
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Advertising`s Role in Marketing Chapter Outline Key Points

... • As this chapter states, Coca-Cola is the most recognizable brand in the world – How did the company achieve this? – What has the company done in its marketing mix in terms of product, price, distribution, and marketing communications that has created such tremendous brand equity and loyalty? – How ...
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... Consumers' decisions, however, are typically not only affected by the desire to expedite hedonic goods, but also moderated by a higher-order process. Specifically, when choices involve salient costs and guilt-inducing hedonic luxuries, justifiability is assessed. When justifiability is perceived to ...
Consumer Adoption and Usage of Banking Technology
Consumer Adoption and Usage of Banking Technology

... adopt new technology. While about one-third of consumers identify themselves as early adopters of new technology, an equal number feel that technology moves too quickly for them. Attitudes about technology vary substantially by consumer segment, as shown in the graph below. Seventy-nine percent of y ...
LECTURE 1 – Introduction To Integrated Marketing Communications
LECTURE 1 – Introduction To Integrated Marketing Communications

... The traditional marketing approach did not have any form of coordination or synergy between such promotional efforts. They saw these other elements merely as auxiliary services with media advertising being the dominant form of promotion. They see it as a way to coordinate and manage their marketing ...
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The Marketing Environment

... marketers or that are affected by marketing activities. ...
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Notes for 1.01

Attitudes and Purchase Behaviour of Green Products among Muntaha Anvar, Miss
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... Green marketing has come into effect as a result of environmental degradation caused by the abundance of natural resources. Even though green marketing is not a completely new phenomenon, the emergence of green consumerism and socially conscious consumers are strong indicators of the green movement ...
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IOSR Journal of Business and Management (IOSRJBM)

... cornerstone of marketing strategies. Exposure of the concepts behind the logistic function is a journey throughout the supply chain (service level, order cycle, distribution, storage, manufacture, procurement, purchasing, etc.) (Lehtinen). On the other hand, developing strategic logistics structure ...
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... Use the product publicly when possible Allow their name to be used on products Written or verbal testimonials Allow use of their photo with or on the product in advertising and packaging • Manufacturers can benefit from the ‘halo effect' some of the celebrity's glamour rubs off on the product • Cons ...
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alternative marketing strategies in commercial eco fashion

... In 2011 Levis introduced the campaign “Go Forth” following similar interactive dynamics as Diesel’s still ongoing “Be stupid” campaign launched in 2010. Although not directly linked to environmentally friendly production processes or social concerns, such campaigns show the effect of alternative mar ...
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... Value of Brand Equity 1) Listed as an intangible asset when computing company worth. Makes brand name companies sell for more than unbranded companies 2) Can command larger licensing fees because the product is a definite seller 3) Can sell the use brand name on non-core products like Ralph Lauren ...
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... The field of consumer behavior is rooted in the marketing concept, a business orientation that evolved in the 1950s through several alternative approaches toward doing business referred to respectively as the production concept, the product concept, and the selling concept. The production concept as ...
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... many minutes it would take for the gold bar to fall out of the melting block of ice. This is an example of a fun PR stunt devoid of any relevance to the brand in question. And finally, for a guerrilla campaign to work, it also needs good timing and to be eye-catching. When these factors are lacking ...
Ethnocentrism Orientation and Choice Decisions of Malaysian
Ethnocentrism Orientation and Choice Decisions of Malaysian

... Consumers who hold strong ethnocentric beliefs are more likely to evaluate foreign products negatively than those who do not hold such beliefs. Those who believe that it is wrong to buy foreign goods also tend to perceive those goods as of lower quality compared to the quality of domestic goods. Eth ...
Grade A- Marketers Measure Results
Grade A- Marketers Measure Results

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Marketing Today and Tomorrow

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Introduction to Marketing

... People will buy more goods/services if aggressive sales techniques are used. High sales will result in high profits. Used with unsought products ...
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Consumer behaviour

Consumer Behaviour is the study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy needs and the impacts that these processes have on the consumer and society. It blends elements from psychology, sociology, social anthropology, marketing and economics. It attempts to understand the decision-making processes of buyers, both individually and in groups such as how emotions affect buying behaviour. It studies characteristics of individual consumers such as demographics and behavioural variables in an attempt to understand people's wants. It also tries to assess influences on the consumer from groups such as family, friends, sports, reference groups, and society in general.Customer behavior study is based on consumer buying behavior, with the customer playing the three distinct roles of user, payer and buyer. Research has shown that consumer behavior is difficult to predict, even for experts in the field. Relationship marketing is an influential asset for customer behaviour analysis as it has a keen interest in the re-discovery of the true meaning of marketing through the re-affirmation of the importance of the customer or buyer. A greater importance is also placed on consumer retention, customer relationship management, personalisation, customisation and one-to-one marketing. Social functions can be categorized into social choice and welfare functions.Each method for vote counting is assumed as social function but if Arrow’s possibility theorem is used for a social function, social welfare function is achieved. Some specifications of the social functions are decisiveness, neutrality, anonymity, monotonicity, unanimity, homogeneity and weak and strong Pareto optimality. No social choice function meets these requirements in an ordinal scale simultaneously. The most important characteristic of a social function is identification of the interactive effect of alternatives and creating a logical relation with the ranks. Marketing provides services in order to satisfy customers. With that in mind the productive system is considered from its beginning at the production level, to the end of the cycle, the consumer (Kioumarsi et al., 2009).
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