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Understanding Marketing and the Marketing Process
Understanding Marketing and the Marketing Process

... Designing the Business Portfolio The business portfolio is the collection of businesses and products that make up the company.  The company must:  analyze its current business portfolio or Strategic Business Units (SBU’s)  decide which SBU’s should receive more, less, or no investment  develop g ...
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... Guide for Developing a Marketing Plan," the international marketer can put the strategic planning process into operation. As a company expands into more foreign markets with several products, it becomes more difficult to efficiently manage all products across all markets. Marketing planning helps th ...
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... an image, story, or a tangible object) to represent a less tangible thing or some intangible quality or idea. The main aim of advertising is to hold potential buyer's attention and to influence his beliefs. And this is easily achieved by using metaphor. The metaphorical sense in advertising is achie ...
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promotional mix

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CHAPTER 16 – Promoting Products Using Integrated and Interactive

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CHAPTER 16 – Promoting Products Using Integrated and Interactive
CHAPTER 16 – Promoting Products Using Integrated and Interactive

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Marketing Strategies - Waterford Agriscience

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lecture outline for - personal.kent.edu

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Perceived Effectiveness of Sales Promotion Techniques
Perceived Effectiveness of Sales Promotion Techniques

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Customer Value (Not Product!)

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sales promotion as a critical component of a small business

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Guru Interview: Jean-Marc Lehu

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Planned obsolescence

Planned obsolescence or built-in obsolescence in industrial design is a policy of planning or designing a product with an artificially limited useful life, so it will become obsolete, that is, unfashionable or no longer functional after a certain period of time. The rationale behind the strategy is to generate long-term sales volume by reducing the time between repeat purchases (referred to as ""shortening the replacement cycle"").Companies that pursue this strategy believe that the additional sales revenue it creates more than offsets the additional costs of research and development and opportunity costs of existing product line cannibalization. In a competitive industry, this is a risky strategy because when consumers catch on to this, they may decide to buy from competitors instead.Planned obsolescence tends to work best when a producer has at least an oligopoly. Before introducing a planned obsolescence, the producer has to know that the consumer is at least somewhat likely to buy a replacement from them. In these cases of planned obsolescence, there is an information asymmetry between the producer – who knows how long the product was designed to last – and the consumer, who does not. When a market becomes more competitive, product lifespans tend to increase. For example, when Japanese vehicles with longer lifespans entered the American market in the 1960s and 1970s, American carmakers were forced to respond by building more durable products.
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