Distribution channel of LIC Child Fortune plus ANAND.G MOULAN.S MANOJ.K RAVEE KUMAR.M.S Primary objective of the distribution is to increase the customer base who have a disposable income level of more than 2 lakhs per annum. Price: The price of a life insurance depends upon the period by which premium is bieng paid. Specifications of LIC child fortune plus is given below Specifications | LIC Child Fortune plus | Age (Male) | 35 years | Premium | 1‚00‚000 | Sum Assured | 5‚00
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Pricing is one of the most important elements of the marketing mix as it is the only mix‚ which generates a turnover for the organization; the remaining 3p’s are the variable cost for the organization. It costs to produce and design a product; it costs to distribute a product and costs to promote it. Price must support these elements of the mix. Pricing is difficult and must reflect supply and demand relationship (Constantinides‚ 2006). Pricing a product too high or too low could mean a loss of sales
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Assignment 1: The Fashion Channel 1) If TFC were on a BCG matrix they would fall into the category of a star. They have high market share and high business growth rate. They are the leaders in the fashion niche and should generate large amounts of revenue but need to continue to invest in their channel to ensure it stays profitable. 2) TFC is currently facing 4 critical challenges: Who to market to? Should TFC segment their target market into the four clusters of Fashionistas‚ Planners and
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Course: Marketing Management MBA 752 Case: The Fashion Channel The Fashion Channel should choose scenario 3 as the strategy of market segmentation with the goal of increasing its industry standing. They should do this for the following reasons: 1) to make maximal profit in expected advertising revenues and return on investment‚ 2) to capture significant piece of market share in the chosen target market‚ and 3) to increase their Cost Per Thousand Impressions (CPM) on advertising revenue.
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The Binomial Distribution October 20‚ 2010 The Binomial Distribution Bernoulli Trials Definition A Bernoulli trial is a random experiment in which there are only two possible outcomes - success and failure. 1 Tossing a coin and considering heads as success and tails as failure. The Binomial Distribution Bernoulli Trials Definition A Bernoulli trial is a random experiment in which there are only two possible outcomes - success and failure. 1 Tossing a coin and considering
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is Fashionistas and market data is a research study on customer satisfaction with cable networks if I were Dana Wheeler. The goal is building on the momentum TFC had created to date and stave off any competitors trying to make inroads. For the channel that needs to obtain competitiveness advantage‚ it is important to attract Fashionistas including highly valued demographic groups and increase customer satisfaction of the segment. 2. Consider 3 primary options presented. Discuss the pros and
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SALES AND DISTRIBUTION MANAGEMENT ASSIGNMENT MORGAN & BOSS OFFICE EQUIPMENT DIVISION SUBMITTED BY ANGANA (F13005) ASHISH CHANDY (F13015) CHRISTINA IMMACULATE (F13021) DHANYA ANN ROY (F13025)
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Retail Channel Producer Mattel was one of the first to utilize independent monitoring of its manufacturing facilities and make findings available to the public. Informationweek.com stated that "Mattel can meet demand because it spent the last few years paying a lot of attention to software and processes that simplify its supply chain‚ cut costs‚ shorten cycle times‚ and bring more science to the art of meeting customer demand." With headquarters in El Segundo‚ California‚ Mattel has
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Mission Statement of BMW The purpose‚ mission and future of Bill DeFouw BMW is to provide quality Sales‚ Service and Transportation Needs for our customers. This is and will be accomplished through a dedicated team of employees whose number one goal is customer satisfaction along with a Management Team whose responsiblity is to ensure Employee Satisfaction‚ and Customer Enthusiasm. The end result will be an organization within our Community that will represent its manufacturers
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BMW of North America Inc. Vs. Gore Supreme Court of the United States‚ May 20‚ 1996 Facts: In 1983‚ the American distributor of the German auto manufacture adopted a policy in which any damages resulted in delivery to dealership would be fixed and sold as new without the dealer knowing as long as it was three percent or less of the suggested retail price. Gore purchased a BMW for $40‚750.88 not knowing that it had been repainted and sold as new because it only costed $601.37 which is only 1.47
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