respect for authority Traditionalists enjoy sharing their knowledge and history High value on loyalty and hard work Want to provide more opportunity to their children than they had Today’s Workforce Traditionalists (1922 - 1945) ✤ ✤ ✤ ✤ ✤ Aliases: Veterans‚ Silent Generation‚ Greatest Generation Lived through WWII and were taught core values‚ respect for authority Traditionalists enjoy sharing their knowledge and history High value on loyalty and hard work Want to provide more opportunity to
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Case Study 1 Salon Promotions Hair is important to most people across the world and to women in particular. Visits to the hairdresser are motivated by a variety of reasons and some of these motivations can be associated with phases in peoples’ life stages‚ as set out in Table 1. Hair care products have been designed to appeal to different markets and at one end of the spectrum inexpensive shampoos and conditioners can be purchased from supermarkets‚ grocery stores and corner shops‚ on an everyday
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Institute of Management‚ Nirma University MBA FT‚ 2013-15 Marketing Managment-I Group Assignment :1 Submitted By: Nidhi Rai(131236) Nikhil Mathew(131237) Ninad Trivedi(131238) Noopur Naik(131239) Pallav Gupta(131240) Section B Competitor Program Fit For a company to successfully compete with others it must learn to emphasize different elements of the marketing mix and by using different mixtures of those elements; such that they hide their weakness and show their strengths
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Effect of personality on consumer behavior and decision making An individual’s personality also affects his buying behavior. Every individual has his/her own characteristic personality traits which reflect in his/her buying behaviour.A fitness freak would always look for fitness equipments whereas a music lover would happily spend on musical instruments‚ CDs‚ concerts‚ musical shows etc. Freudian Theory and “Product Personality”: Consumer researchers using Freud’s personality theory see
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| Cause of socialism in the Soviet Union collapsed | Under the economic perspective | | Group assignment – The micro economic | | Group 2: | 11/10/2012 | Nguyen Ngoc AnhTran Thi Thuy NgaTran Thi Hong NhungDinh Pham Viet HoangLe Thi Thu Huyen | Table of Contents Introduction 2 The development and success of socialism in the Soviet Union the first half of the 20th century 3 World War II 3 The basic weakness of the socialist system 4 Productivity‚ quality and efficiency
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Core Marketing Concepts: Market Segments & Target Markets Market Segments exist in the market and has to be identified by examining Demographic‚ Pychographic‚ and Behavioral differences among buyers. Segments which present the greatest opportunity is termed Target Markets. For each chosen target market‚ company develops a market offering. The offering is positioned in the minds of target buyers as delivering some central benefit(s). Product‚ Offering & Brand Product companies address
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Marketing Strategies STARBUCKS MARKETING STRATEGY … MAKING SOCIAL MEDIA A DIFFERENCE MAKER Social Media and Starbucks marketing? When choosing to learn from others social media strategies‚ it is always helpful to choose one of the top dogs in social media. Meet Starbucks. They have been successfully executing their social media marketing plan since the first days of social media and social commerce. For over 5 years‚ and their strategies have played a significant role in their growth.
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1. 5 Core concepts of marketing Needs‚ wants and demands Needs: Needs emerge from a state of felt deprivation. It can be physical‚ social (feelings)‚ or individual (knowledge). All human beings have needs & share these needs. Needs are generic. Wants: individual choices of product that is used to satisfy the needs. Shaped by culture and personality. Ex: 1 thirsty person wants to drink mineral water‚ while the other thirsty person wants to drink coca cola. Demand: Enough money to buy it. Backed
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Buyer Behavior Consumer Buyer Behavior • … buying behavior of final consumers - individuals and households who buy goods and services for personal consumption 2 Model of Consumer Behavior Marketing and Other Stimuli Buyer Responses Product Choice Brand Choice Dealer Choice Marketing • Product • Price • Place • Promotion Buyer’s “Black Box” Buyer Characteristics Other • Economic • Technological • Political • Cultural Buyer Decision Process Purchase Timing Purchase
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INTRODUCTION What does a virus have to do with marketing? Viral marketing describes any strategy that encourages individuals to pass on a marketing message to others‚ creating the potential for exponential growth in the message’s exposure and influence. Like viruses‚ such strategies take advantage of rapid multiplication to explode the message to thousands‚ to millions. Off the Internet‚ viral marketing has been referred to as "word-of-mouth‚" "creating a buzz‚" "leveraging the media‚" "network
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