Module: MARKETING MANAGEMENT Assignment Title: THE MARKETING PLANNING PROCESS Background: The marketing mix comprises of the standard 4Ps (or other models). The 4Ps can easily be identified and applied in practice. However‚ it can be difficult to balance the 4Ps in order to provide the right product/services to the right customer at the right place and at the right time. It is therefore not surprising that marketing is both an art and science‚ as the act of balancing the marketing mix requires
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TERMPAPER ON APPLICATION OF BUSINESS MATH IN BUSINESS [pic] U N I V E R S I T Y O F D H A K A Submitted to: Md. Ariful Islam Lecturer Dept. of Banking and Insurance Dhaka University Submitted by: Md. Mahfuzur Rahaman Biswas ID No. 51221068 Batch-21st Department of Banking Faculty of Business Studies Letter of Transmittal 12th December 2012 To Md. Ariful Islam Lecturer Department of Banking & Insurance
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INNOVATION ANALYSIS NIPPON PAINT CO. CASE OF ODORLESS PAINT PRODUCT Introduction 1. Purpose: In recent years‚ Innovation becomes one of the most important parts in the existence and development of every company. There are many research was establish to analyze the way to make an innovation‚ not only for the research’s purpose but also to help the managers of small companies can follow the bigger. This assignment was done to analyze a new product of one of the biggest paint manufacturers
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The Case analysis of Marketing Strategy for Self-financed Rehabilitation Centre Identifying marketing mix model 4P when planning marketing strategy Introduction & Situation Definition According to the website of Hong Kong Christian Service‚ “Since 1952‚ Hong Kong Christian Service (HKCS) has been working towards a humane and just society. It provide the needy with suitable‚ professional and reliable quality services. We care for the disadvantaged
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Introduction Marketing mix is an important element to start a new business. It is include 4Ps which are product‚ place‚ price and promotion. In our project‚ we focused on these 4Ps to achieve our goal. We wrote our survey questions considering the 4Ps to investigate people’s opinion and start thinking about our marketing strategy for the online shopping website. Furthermore‚ after finishing the survey and investigated peoples’ views‚ we decided how to design our website and market it to satisfy
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states in her article “The Evolution of the Marketing Mix (And What Inbound Has to Do With It)”‚ there is a shift in consumer buying habits which marketers need to pay attention to. These shift have a profound effect of the marketing mix and on the “4Ps of marketing.” If markets do not respond to these changes it could have devastating results. The author clams that this shift is due to inbound marketing. People are changing what they buy‚ why they buy‚ and how they buy. Today they want more than
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Why do 4ps now being changed to 4cs? Marketing always was known with the Marketing mix or 4Ps which are: * Product - It includes your entire product or service related activities. Like product design‚ product development‚ variety‚ quality and branding etc. * Price - You have to set the price of the products for customers considering discounts and credit - debit policy. * Place - It includes activities related with the distribution of your product or services like your various distribution
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different kinds of choices organizations have to make in the whole process of bringing a product or service to market. The 4 Ps is one way – probably the best-known way – of defining the marketing mix‚ and was first expressed in 1960 by E J McCarthy. The 4Ps are: Product (or Service) Place Price Promotion A good way to understand the 4 Ps is by the questions that you need to ask to define you marketing mix. Here are some questions that will help you understand and define each of the four elements:
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of customer empowerment. We will then highlight the new ways for approaching the empowered customer by discussing customer advocacy‚ customization and personalization. This will be followed by an approach on the impact of customer empowerment on the 4P‟s classification and finally we will elaborate on consumer empowerment as an enduring structural change. II. INTERNET AS A MEANS OF CUSTOMER EMPOWERMENT The internet in many ways has become a daily reality for over a billion users worldwide[1]. The
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Clarence Powell Liberty University MMGP Background Information BUSI520 – Group 3 November 4‚ 2012 Samsung Galaxy S3 Introduction In this paper we shall explore The Traditional 4P’s which are‚ product place‚ promotion and price; while also examining and understanding the new 4P’s on which we have today: -people‚ processes‚ programs‚ and performance – while determining which is more effective for future business and long term success for the company. We
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