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 consumer purchases as a expression and expansion of the consumer’s own personality.(Kumer‚2009).Good examples of that will be snacks habits of people based on personality: Potato
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to make chocolates very strictly. There are numerous categories of their chocolate products in the market and they also have their own chocolate stores all over the world. Contents 1. Executive Summary 2 2. Table of Contents 3 3. Introduction 4 3.1. Purpose 4 3.2. Background 4 3.3. Scope 4 3.4. Limitations 4 3.5. Plan 4 4. Body of the Report 5 4.1. Industry Background 5 4.2. Product Categories 5 4.3. Environment 5 4.4. Segmentation‚Targeting and Positioning 6
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commonly engage in a cultural audit of [product and service] providers. People want to know your value and ethics demonstrated by how you treat employees‚ the community in which you operate." Discuss the concept of social responsibility marketing and how it impacts both companies and consumers. Cause Related Marketing is defined as “a commercial activity by which business and charities or causes form a partnership with each other to market an image‚ product or service for mutual benefit.” The main
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1) The belief that a firm should dedicate all of its policies‚ planning‚ and operation to create customer satisfaction is called: A) marketing concept. B) market orientation. C) customer orientation. D) target marketing. E) production concept. 2) Eric Villa obtained a license to sell real estate and then accepted a sales position with a Century 21 agency. To prepare for this new position‚ he purchased and read a research report entitled Buying Habits of Today’s Home Buyer. Mr. Villa is
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high price for a product or service at first‚ then lowers the price over time. It is a temporal version of price discrimination/yield management. It allows the firm to recover its sunk costs quickly before competition steps in and lowers the market price. Price skimming is sometimes referred to as riding down the demand curve. The objective of a price skimming strategy is to capture the consumer surplus. If this is done successfully‚ then theoretically no customer will pay less for the product than the maximum
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I. EXECUTIVE SUMMARY The shoe industry of Marikina is a cottage industry that traces its roots to more than a century ago. The shoe industry in Marikina was started by Laureano Guevarra‚ popularly known as Kapitan Moy in the 1887. What then seems to be a very small livelihood business had become a municipal industry allowing the local families of Marikina earn their livelihood. Over the years‚ the Marikina shoes has been only concentrated on the local market‚ centrally it is distributed
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tools that will be used for ClearSK include: Internet‚ promotional fliers‚ newspaper ads and home shopping parties‚ word-of-mouth referrals. Free samples (Trial Kits) ClearSK will provide trial kits in the attempt to convince the new end users to try a new and unfamiliar product. The main reason for this is simply because although quality ingredients‚ an attractive price tag and advertisements may be enough to attract some consumers; other consumers might like to try products before they buy them
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Lecture 1 Marketing: the art and science of finding‚ retaining and growing profitable customers Task to provide real customer value to targeted customers‚ motivate purchase and fulfil consumers needs. P’s: product‚ price‚ place‚ promotion‚ people. Process‚ physical evidence 4 characteristics of services: Intangibility: services can not be seen‚ tasted‚ heard or smelled before purchase Inseparability: services cannot be splitten from their providers (taxi driver drives you) Variability:
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provider‚ providing from young to old‚ private to corporate. However‚ instead of competing in a mass market with broad segments‚ in adopting a narrower focus‚ the company ideally focuses on their specialized needs‚ thus better tailoring the marketing mix accordingly. The chosen segments to focus are students and corporate. Students and corporate segments are important source of customer base. Corporate functions are on regular basis where organizers are willing to spend generously. Students‚
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passenger car - Prius - manufactured by the world’s second largest automaker Toyota Motors. The case explains the new hybrid technology used in the car. It also looks for the reasons for the success of the original Prius in the Japanese market and of the subsequent models of the Prius launched in the US and other markets. The strategies for marketing the product in the US are also analyzed. | | Issues: • History of hybrid vehicles. • Working and usefulness of hybrid vehicles. • The growing need
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