SALES PROMOTION MKT 3310 Lecture 9‚ 2012 1 Lecture objective By the end of today’s class you should: • understand the role of sales promotion in a company’s integrated marketing communications program. • understand the different types of consumer and trade-oriented sales promotion tools‚ and the reasons for using them. 2 Lecture format • Defining sales promotion‚ types of sales promotion • Strengths and weaknesses of sales promotion • Exercise •Sales promotion and consumer
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and how marketing works with its partners to create and deliver customer value 4. Describe the elements of a customer-driven marketing strategy and mix‚ and the forces that influence it 5. List the marketing management functions‚ including the elements of a marketing plan‚ and discuss the importance of measuring return on marketing investment Chapter Outline 1. Companywide Strategic Planning: Defining Marketing’s Role 2. Marketing Strategy and the Marketing Mix 3. Managing the Marketing Effort
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Positioning Competitor A’s product Competitor B’s product Competitor C’s product Your Product With its global strategy underway‚ Whirlpool continues to strengthen its position in the market and meet its most important objective: delivering on its brand promise to consumers. Their positioning strategy is completely aligned to deliver solutions to consumers that they truly value. Though price is an important part of the equation‚ it is not the entire equation. Whirlpool’s goals are straightforward:
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MARKETING IS ALL ABOUT CREATING VALUE. USING BOTH CRITICAL ANALYSIS AND PRACTICAL EXAMPLES‚ EXAMINE THE EXTENT TO WHICH CREATING VALUE TO CUSTOMERS AND TO THE FIRM ARE AN INTRINSIC PART OF MARKETING TODAY. Different people have defined marketing differently. On the face of it‚ it may be thought of as the process by which an organisation reaches out to the consumers with the products or services that it has to offer in order to make profits. If we dwell deeper‚ it ’s worth mentioning that marketing
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There are several general ways to differentiate sex-typed products: these strategies are called product gender positioning strategies. Male Sex Roles The traditional view of the male was a tough‚ aggressive‚ muscular man who enjoys “manly” sports and activities. But this role is evolving: 1. Many men are now shown as more sensitive 2. More free in clothing choices or raising children 3. Also rebelling against being shown as sex objects. 4. And more and more showing strong
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of sales promotional strategies of Maruti & Honda cars customers with special reference to Kollam District INTRODUCTION The automobile products occupy an important role in fulfilling the basic needs of human beings. In India‚ there are tremendous changes in the automobile industry. The industry has observed higher rate of growth economically‚ industrially &technologically. This has led to good market for automobile products particularly in four wheelers segments both at domestic
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Green Marketing: Leads to Product Innovation By: Prof. Manjusha Kadam‚ Faculty of marketing Novel Institute of Management Studies Affiliated to AICTE approved by university of pune Mail id : manjukadam@gmail.com Ph : 9226787839 Abstract: All of mankind has limited resources on the earth‚ with which she/he must attempt to provide for the worlds’ unlimited wants. In market societies where there is "freedom of choice"‚ it has generally been accepted that individuals and organizations have
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Development - to break the intergenerational poverty cycle through investments in human capital. Pantawid Pamilya helps to fulfill the country’s commitment to meet the Millennium Development Goals‚ namely: 1. Eradicate Extreme Poverty and Hunger 2. Achieve Universal Primary Education 3. Promote Gender Equality 4. Reduce Child Mortality 5. Improve Maternal Health Targeting System The poorest households in the municipalities are selected through the National Household Targeting System for Poverty
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I. Executive Summary Our marketing plan involves Pfizer’s product division of Zyrtec‚ an antihistamine directed for allergy control. We plan to introduce a pre-dispensed form of liquid Zyrtec. We would employ a product development approach‚ releasing a new product in an existing market. We will use a differentiated target market approach. The biggest advantage of this potential product is its convenience of use‚ having pre-measured doses ready and available
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Trader Joe’s - a fascinate company Marianne Nguyen March 17‚ 2013 From a modern marketing point of view‚ grocery business and its stores are in “maturity and saturated stage” of the market-product life cycle. The aging of the baby boomer generation and the rising trend of healthy organic foods made way for Trader Joe’s‚ a less traditional grocery store with many more “hip” brands and innovations. Trader Joe’s is a fascinating company. It is privately owned and
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