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Lesson 4.1 - Slides-Basic Marketing Concept
Lesson 4.1 - Slides-Basic Marketing Concept

... Why Is Marketing Important?  Financial success is a direct result of an organization’s ability to effectively market its products and services  A business achieves profitability when they offer the goods and services that customers need and want at the right price  Marketers strive to identify an ...
project-1-wants-needs-goods
project-1-wants-needs-goods

... Tangible items that people can buy & sell ...
Chapter 15
Chapter 15

... – Used when a producer’s products are carried by so many retailers that the producer cannot deal with them all – Used when retailer’s order is small compared to production’s economical output ...
Chapter 6: notes
Chapter 6: notes

... Sporting events are considered services, so buying tickets from a team’s box office is an example of direct distribution ...
The Consumer
The Consumer

... In our society, most people do not have difficulty satisfying needs. Wants are items not necessary for survival, but add pleasure and comfort to our lives. ...
Blank Jeopardy
Blank Jeopardy

... All the attributes that customers receive in exchange for the purchase price. ...
Module-2-1.-Consumer-Navigation-and
Module-2-1.-Consumer-Navigation-and

... French website: everything available in one place (like a shopping mall). USA website: specialized online ...
Thinking Like a Marketer
Thinking Like a Marketer

... They can go somewhere else They can do something else They must find your offer more attractive ...
KotlerMM_ch13 - UMM Directory
KotlerMM_ch13 - UMM Directory

... strong co-brands or ingredient brands? • How can companies use packaging, labeling, warranties, and guarantees as marketing tools? ...
No Slide Title
No Slide Title

... -Company buying sites – Firms like GE have their own site where it places Requests for Proposal, negotiate terms, place orders ...
chapter4B
chapter4B

... The Product Life Cycle Introduction Phrase Features: brand-new products or service a baby in the market low consumer awareness, low sales, no competitors Examples: iris-based personal identify card 虹膜个人识别卡 ...
Purchase behavior
Purchase behavior

Chapter 5
Chapter 5

... – Opportunity cost of rejected alternatives is high – Purchase decision is very involving or emotional ...
In Search of the 21st Century Marketer
In Search of the 21st Century Marketer

Chapter 1 – Marketing is All Around Us Marketing is a process P P P
Chapter 1 – Marketing is All Around Us Marketing is a process P P P

... ____________________ – deciding how goods get into customers hands. ____________________ – getting the $ to pay for setting up and running a business ______________________________ – getting information about customers, trends, and competing products. __________________ – deciding how much to charge ...
The Marketing Concept
The Marketing Concept

... Target Marketing • Focusing all marketing decisions on a very specific group of people you want to reach. – The more information you have on this group the easier it is to make marketing decisions ...
Chapter 5
Chapter 5

...  The belief that consumer wants & needs are the driving force behind any product development or marketing effort.  There was a time when marketing decisions were made primarily on investment reasoning.  Today, it is based on customer’s needs and wants.  Consumers are more educated today especial ...
Marketing Mix
Marketing Mix

... Departments do? • They need to focus on the customer and understand who their customers are. • They must identify the customers needs • They must anticipate their needs in the future • They must also meet those needs when the customer requires it. ...
Marketing in a post-TiVo world
Marketing in a post-TiVo world

... for two main reasons. First, these platforms are often cheaper and faster than TV, direct mail, and retail stores—which is why companies are rapidly moving customer service operations, for example, from call centers to self-service pages on the Web. Such platforms are also, obviously, the only mediu ...
File
File

... • Reach: is the ability of the consumers to reach the firm, and also the ability of the firm to reach their products and services to their consumers effectively. • Affiliation is the transparency and trust between retailers and their customers. For example: millions of customers allow amazon.com to ...
Lecture 10 Distribution Strategy: NNA
Lecture 10 Distribution Strategy: NNA

The Effect of Excessive Marketing on Consumers` Stress and Their
The Effect of Excessive Marketing on Consumers` Stress and Their

Memoirs of a Mangy Marketer
Memoirs of a Mangy Marketer

... Somewhere some marketing whiz realized that raising prices hurt sales, and so the solution that was developed was to dilute the product. So products that used to come in 16 ounce bottles were reduced to 14 ounces, all in the hope that the customer wouldn’t notice that the price was the same even tho ...
personality and lifestyles
personality and lifestyles

... Lifestyle marketing recognises that people sort themselves into groups based on the things they like to do Lifestyle marketing looks at patterns of behaviour to understand how they make their choices in a variety of product categories - in context ...
Gujarat Survey Research Agency.
Gujarat Survey Research Agency.

... with you during the research phase and then is able to leverage that learning when executing subsequent marketing activities. Execution model based on real-time effectiveness tracking and ongoing learning: G.S.R.A builds research elements into the entire execution process, measuring effectiveness at ...
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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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