33-35 Bangunan Systematic‚ Jln Hang Lekiu‚ 50100 KL SEGi College Kuala Lumpur (SCKL) PRINCIPLE OF MARKETING EXECUTIVE SUMMARY There are 4 marketing mix for Air Asia such as product‚ price‚ place and promotion. Air Asia should improve their service to satisfy their customer. ASSIGNMENT ALLOCATION OF MARKS NO. DESCRIPTION OF CRITERIA ADOPTED THAT WILL BE USED FOR THE ASSESSMENT OF THE ASSIGNMENT WEIGHTINGS MARKS ALLOTTED BY LECTURER 1. Relevance of content to assignment-Executive
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Introduction Marketing is a social and managerial process by which individuals and groups obtain what they need and want through creating and exchanging products and values with others (Kotler‚ Brown‚ Adam‚ and Amstrong‚ 2001: 6). Marketing is about connecting with customers‚ serving the needs of society‚ and accomplishing the goals of the organization. Through customer satisfaction marketing creates the customer loyalty necessary to reach an organization’s objectives. Marketing works by creating
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BANKING SERVICE MARKETING MIX SERVICE MARKETING MIX ELEMENT The service marketing mix comprises off the 7p’s. These include: * Product * Price * Place * Promotion * People * Process * Physical evidence. PRODUCT: 1. BANK PRODUCTS (A)DEPOSITS: savings‚ current‚ fixed etc. (B)ADVANCES: (1) FUND ORIENTED: a. Term loan‚ b. Clean loan‚ c. Bill discounting‚ d. Advances‚ e. Pre-shipment finance‚ f. Post-shipment finance‚ g. Secured and unsecured lines of credit
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THE ROLE OF MARTEKING MIX IN AN ORGANISATION ABSTRACT: The marketing mix is an integral tool in building an effective marketing strategy and implementing it with tactics. The main objective of this study is to understand the role of marketing mix. This study can be used as a tool to assist in pursuing marketing objectives. Marketing mix: is a business tool used in marketing and by marketing professionals. The marketing mix is often crucial when determining a product or brand ’s offering‚ and
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right people at the right time‚ it must employ the right type of marketing mix: Product‚ Price‚ Place and Promotion. In a dysfunctional time for the airline industry‚ most airlines‚ especially major carriers‚ are adapting the concept of “doing less with more.” One low-cost carrier‚ JetBlue‚ is changing the domestic aviation landscape in this regard and is defying the odds. Here is a company that has examined each marketing mix elements carefully‚ has adapted them to its customer’s needs‚ and
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The Marketing Mix and the Four P’s The marketing mix is what most marketing people call "the 4 P’s" and it consists of Product‚ Price‚ Place‚ and Promotion. "Some people will increase the marketing mix to the "five P’s"‚ to include people. Others will increase the mix to "Seven Ps"‚ to include physical evidence (such as uniforms‚ or facilities) and process (i.e. the whole customer experience e.g. a visit to Disney World)" (Marketing Teacher‚ 2000). The marketing mix is a very important aspect
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Marketing Mix Strategy is an important part successfully operating a business and managers must learn to strategize to remain competitive in their respective markets. This paper will paper will discuss the four elements of the marketing mix‚ how they relate to an example of a real organization‚ and how the organization implements each element to attract as many customers as possible. Elements of Marketing Mix: Product‚ Price‚ Place‚ and Promotion The elements of marketing mix are popularly
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Marketing Mix of China’s Haier in the US Introduction With the process of globalization‚ many transnational companies have been searching for their target market in other countries all over the world. Through the introduction of successful experiences of china’s Haier in the US market‚ the article tries to reveal some key elements in marketing strategy. Moreover‚ the article concentrates on analyzing specific aspects of marketing mix‚ including product‚ pricing‚ communication‚ and distribution
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with reasonably priced optional upgrades and offering the simple and low fares (JetBlue Airways 2011). Marketing mix Marketing mix a framework describing the combination of marketing tools that the marketers blend to create a desired response in the target market (Kotler 2011). It is made up from everything the firm can do to stimulate the demand for its product. Traditionally the marketing mix is made up 4 main elements: product‚ promotion‚ place and price. Product Author Elliot (2009) defines
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The Four P’s of the Marketing Mix Shandalia Whitener American Intercontinental University Abstract This paper discusses the marketing mix. The writer explains the four p’s that make up the marketing mix in order to market a product or service. The writer also applies the marketing mix to a new model smartphone provided by Samsung. The marketing mix reveals what is most important in marketing the product in order for the marketer to make successful decisions for marketing the product. Once the
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