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what is advertising?
what is advertising?

... products to their friends companies that handle advertising for clients a contract with a company to produce its advertising selling and promoting goods and services by telephone a short and easily memorized phrase used in advertising and promotions the amount of money a company plans to spend in de ...
Chapter 2
Chapter 2

... small a market. In this case, the product strategy may call for a two-way stretch that adds products at both the upper and lower ends. A filling-out strategy adds sizes or styles not previously available in a product category. In other cases, the best strategy may be to contract a product line, part ...
assessing the factors influencing consumer switch from
assessing the factors influencing consumer switch from

... The findings of this study suggest that country of origin is more important than product attributes and other price factors. The Ghanaian consumer perceives alcoholic beverages made in the country in low regard relative to foreign ones. Also consumer taste and superior quality are the two most impor ...
Chapter 17
Chapter 17

... of how this model could be used to help marketers understand consumer/product relationships and develop effective promotion strategies. The next steps in the promotion management process concern setting the promotion objectives and the promotion budget followed by designing and implementing the prom ...
investigating the impact of marketing mix elements on consumer
investigating the impact of marketing mix elements on consumer

... According to Kotler (2005) marketing mix is the set of controllable tactical marketing toolsproduct, price, place and promotion-that the firm blends to produce the response it wants in the target market. The marketing mixes consist of everything the firm can do to influence the demand for its produc ...
Chapter 3 Effects of IT on Strategy and Competition
Chapter 3 Effects of IT on Strategy and Competition

... considered to be a unit because of marketing, technical, or enduse considerations (Teas have a variety of different flavors) Marketers must understand buyers’ goals to develop the optimal product line Firms with high market share are likely to expand their product lines aggressively, as are marketer ...
Download Full Article
Download Full Article

... Results of the study of the interviewed sample showed that most traders and artisans and craft souvenirs are over the age of 40. Their education varies with a large percentage with higher school education, but also those with higher education constitute a significant part. Few artisans who have elem ...
Determining consumer expectations, attitudes and buying behaviour
Determining consumer expectations, attitudes and buying behaviour

... respect to consumers expectations and attitudes concerning the quality and safety of organic foods and their likely conventional alternatives (hereafter referred to -as “lowinput conventional foods” or “low input foods”). Consumer expectations and perceptions regarding organic and other low-input pr ...
Sales promotion
Sales promotion

... Britannia is able to help them. Britannia launches products that offer the company good returns, supporting these through brand building and leveraging on its nationwide supply chain. Brand building is an integral part of Britannia’s marketing philosophy with continued promotions for its various bra ...
The Significance of Distribution Channel and Product Life Cycle in
The Significance of Distribution Channel and Product Life Cycle in

... obsolete in their hands with time during storage, pilfering, damage from fire etc). Also some production/economic activities are financed by them. In most cases they buy from and pay the producers and sell to consumers in appropriate sizes at credit. From the above analysis, the importance of middle ...
Business Strategies: A Foundation for Marketing
Business Strategies: A Foundation for Marketing

... – Appropriate for well-developed industries that are still experiencing some growth and change. – Analyzers are often not as innovative in new product development as prospectors. ...
Solutions-Driven Marketing
Solutions-Driven Marketing

... customization strategy [9]. One study [5] showed that, in the context of product variety, customer satisfaction is determined in part by the ease or difficulty of the process by which a customer makes choices. Another study [2] showed individuals were willing to pay more for a product when it took l ...
Using Text Mining of Amazon Reviews to Explore User
Using Text Mining of Amazon Reviews to Explore User

... product and wrote about key features that were surprising when encountered. Only a small percentage of reviewers (3.2%, 609 reviewers) mentioned that a product was “bought for” someone else, not for themselves. For example, this could be a parent purchasing the device for their children. Thus, the m ...
Sales promotion.
Sales promotion.

... 2. Trade promotion Tools Manufacturers seek four objectives in awarding money to the trade: a) Trade promotion can persuade the retailer or wholesaler to carry the brand. Shelf space is so scarce that manufacturers often have to offer price-offs, allowances, buy-back guarantees, or free goods to get ...
Chapter seven
Chapter seven

... provided by suppliers. Therefore it is part of the mix of benefits that a company offers to its customers.  Companies give the customer the benefit of the doubt when this does not involve high cost. This creates a goodwill and help foster long-term relationships.  When the complaint's solution is ...
Decision Making
Decision Making

... external search depends on his or her perceived risk, consider all brands available in a knowledge, prior experience, and level of interest in product category, but they do the good or service. Generally, as the perceived risk of seriously consider a much the purchase increases, the consumer enlarge ...
fragrances & cosmetics
fragrances & cosmetics

... help brands to reach their goals and, in turn, helps place these harder-to-find scents in the spotlight where they can flourish. “We remain a try and buy category, so the more opportunities we have to sample to more people, the higher the conversion rates will be,” said Ajmal. “There will be a push ...
A Model For Predictive Measurements of Advertising
A Model For Predictive Measurements of Advertising

... this process must be measured in order to who are merely aware of its existprovide anything approaching a compreence. hensive evaluation of the effectiveness of 3. Up a step are prospects who know the advertising. what the product has to offer. 4. Still closer to purchasing are those who have favora ...
Available - Ggu.ac.in
Available - Ggu.ac.in

... it is not without social costs. Unsolicited commercial email and other forms of spam have become so prevalent that they are a major nuisance to users of these services, as well as being a financial burden on internet service providers.[1] Advertising increasingly invades public spaces, such as schoo ...
Document
Document

... Firms that embrace the marketing concept seek ways to build a long-term relationship with each customer. This is an important idea. Even the most innovative firm faces competition sooner or later. And trying to get new customers by taking them away from a competitor is usually more costly than retai ...
Marketing Mix Assignment
Marketing Mix Assignment

... for your product or service. Distribution strategy is creating the means by which a product flows from the producer to the consumer. One must decide how many stores to offer the product in and also whether to offer the product online. It requires the company to know where there customers are located ...
project outline
project outline

... which is not yet available in the Canadian marketplace. It is highly recommended that teams select a tangible “good” for this project rather than a service. You should also select a single product for this project. A retail store or a restaurant are not appropriate products for this project ...
Product and Service Classifications
Product and Service Classifications

... services with unique characteristics or brand identification for which a significant group of buyers is willing to make a special purchase effort. • Medical services • Designer clothes • High-end electronics Copyright © 2016 Pearson Education, Inc. ...
A research agenda for consumers` skepticism toward advertising
A research agenda for consumers` skepticism toward advertising

... claimed to remove wrinkles or heat pads that claimed to remove tummy fats. These are just external gadgets that with a less risky claim. However, consumers may be more skeptical and less likely to try riskier products of higher involvement. Thus, using the same products as the above, they could incl ...
Demand
Demand

... Reset to D after each scenario. • You must have at least TWO scenarios that increase & decrease the demand. ...
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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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