SEC Classification The SEC Classification the classification of Indian consumers on the basis of parameters. Traditionally the two parameters used to categorize consumers were: Occupation and Education of the chief wage earner (Head) of the households.The SEC classification‚created in 1988‚ was ratified by Market Research Society of India (MRSI)‚ is used by most media researchers and brand managers to understand the Indian consuming class.Originally developed by IMRB International as a way of understanding
Premium Higher education Household income in the United States Marketing
Report on Dell Marketing Dell Marketing Introduction Dell Inc is a multinational information technology corporation based in Texas‚ United States of America. It develops and sells computers and related products and services. It is one of the largest technological corporations in the world‚ and bearing the name of its founder Michael Dell‚ it employs more than 96‚000 people across the world. Dell has grown by inorganic and organic means since its inception. Some of the notable mergers and
Premium Marketing
FORMALIST FUNCTIONALIS T OF LINGUISTICS Siti Rabiatul Noorjan bt M. Saadom Aida Zukrina bt Zulkefly FORMALIST Also known as generative linguistics “Language as a system of rules” Language is a set of sentences Description shows which sentences are in the set and which out REF ; martin 1992‚3 NOAM CHOMSKY Chomsky Linguistic Theory Structure of language formalism concentrates on the set of rules a language has (competence)‚ and not on the usage of this set when producing phrases
Premium Linguistics Noam Chomsky
MKT 4010 Marketing strategy for Management Nowadays in any business success‚ marketing always plays as a key part and have the most important role in doing business around the world. According to the economic in the real world nowadays is quite down‚ it makes many companies were shut downed or took over‚ and also have a new business enter in the market so the marketing is the important factor to make the business running and succeed. Marketing is the process of introducing and promoting
Premium Marketing Business Management
Session 5: Financing Investment Read: Chapter 14: Capital Structure in a Perfect Market 1. In Bermuda there are no corporate income taxes. Consider two Bermuda firms with perfectly correlated earnings. The first is Debt Galore and the second is Debt Zero. Each company is expected to earn $35 million (before interest) in perpetuity. All these earnings are distributed as interest or dividends. Debt Galore has $150 million of perpetual debt. The interest on this debt is 7 percent. It has 1.5 million
Premium Stock Finance Income tax
Marketing Principles Assignment “What does the term marketing mean? Many people think of marketing only as advertising and selling… although they are important they are only the tip of the marketing iceberg” (Kotler et al.‚ 2008:6). Discuss this statement. Introduction Marketing is always one of the most significant parts in ensuring a successful business strategy. Saying so‚ what does the term marketing mean? Marketing‚ referred by McDaniel (2006)‚ is an organizational function
Premium Marketing Maslow's hierarchy of needs
Marketing Strategy: McDonalds in Indonesia The company I choice to do a marketing strategy on was McDonalds‚ “Ba Ba Ba Ba Ba I’m Lovin’ it”. I choice McDonalds because it is one of the most universal and internationally known companies that will always and forever be known for its beautiful golden arches and Ronald McDonald characters. Of course‚ I could have gone with Kentucky Fried Chicken or even Ikea but the thought of not talking about one of the happiest places on earth‚ and I am not referring
Premium Marketing Pricing
I Marketing Strategy Plan 1 Company and Product 1.1 Company overview The “BIONADE GmbH” is a small German manufacturer and distributor of the organic lemonade brand “Bionade”. The family-owned-enterprise has 107 employees and is located in Ostheim‚ a small town in the northern Bavaria region of Germany. Sigrid Peter-Leipold is the industrial business manager‚ owner and executive manager of the “Privat Brauerei Peter KG Associate Partner” and the “BIONADE GmbH” and “BIONADE International
Premium Marketing
As consumers we know what we like and why we buy certain things. We may buy something cause of the price alone‚ or the color or the fact that we just prefer that brand. Brand loyalty is everywhere in our economy from single consumers to business who buy in bulk. We buy shoes‚ cars‚ clothes‚ electronics‚ and food and at least half of what we purchase based on brand loyalty. I myself have loyalty towards certain brand products that I use throughout the day. The brand that I have chosen to discuss further
Premium Brand Marketing Brand management
Abstract Purpose – To build a conceptual framework for the development of branding strategy from the pint of view of a Western firm entering a market in a developing economy. Design/methodology/approach – An extensive literature review brings together two research streams‚ market entry and branding strategy‚ with particular reference to corporate branding versus product branding. Findings – The choice of branding strategy is determined in the conditions under study by five antecedent factors and three
Premium Brand Marketing Brand management