Kurkure’s Innovative Marketing Strategies Abstract: In 2010‚ Kurkure‚ a snack brand of Frito-Lay in India‚ launched yet another offering in the market‚ the Funjabi Kadhai Masala. Over the years‚ the company had launched various products under this brand and also backed these up with innovative marketing campaigns. Encouraged by the growing popularity of Kurkure among Indian consumers‚ the company also had plans to launch its products in Western countries. Would the product receive the same
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These types of strategies are used to enable managers to determine which markets to target and how to maximize profits realized from these markets. The three most common marketing strategies are mass market‚ niche-market and growth market.[4] The primary objective of the mass-market strategy is to capture sufficient volume to gain economies of scale and a cost advantage.[5] There are two approaches to this strategy. The second approach is called differentiated marketing. This involves designing
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essence of the marketing concept is the idea of placing customer needs at the centre of the organization’s decision-making. The need to adopt this approach stems from a number of factors‚ including increased competition‚ better-informed and well-educated customers and‚ perhaps most importantly‚ changing patterns of demand. Primarily it is the change in patterns of demand that has given rise to the need to segment markets. Market segmentation is one of the central pillars of modern marketing and is found
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Strategy Brief (Part I) April 3‚ 2007 GOALS AND OBJECTIVES The retail landscape has changed dramatically since the Gap’s emergence as a powerhouse several decades ago. As the company has grown to become one of the giants of its industry‚ new challenges‚ including a more complex market and a more competitive landscape‚ have arisen that threaten to unseat the Gap from its casual-wear throne. Compounding the problem‚ the company has responded to this new competition by trying to change its brand
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• 4 million dollars cheaper to go direct. • What are the subjective (qualitative issues) • What is the overall risk involved? (Establish relationships with retailers‚ another risk is can they sell to the retailers carpet at the same price as the wholesalers? Financials: Wholesaler = of something Dealing with 7 wholesalers so need 7 distribution centers. How much it costs to lease those? (4) Total sales calls / how much one person can do = how many sales reps needed? Sales
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Role for Humor? Journal of Services Marketing‚ 12(6): 453-472 Kumar‚ R. 1996. Research Methodology A Step-By Step Guide for Beginners. London: Sage Publications Olsson‚ Veronica and Asa Larsson. 2005. Humor in Advertising. Bachelor’s Thesis‚ Department of Business Administration and Social Sciences‚ Lulea University of Technology. ISSN: 1404-5508 Stern‚ B.B. 1996. Advertising Comedy in Electronic Drama: The Construct‚ Theory and Taxonomy. European Journal of Marketing‚ 30(9):37 -60 ***** Advertising
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maintain customer relationships (Wedel‚ Kannan‚ 2016). Further‚ Home Depot marketing combination identifies the company’s strategies for accomplishing its market positioning goals while ensuring competitiveness against other home improvement retailers. Consequently‚ Home Depot has been successful through the integration of its marketing functional strategy. In order to maintain the largest market share‚ Home Depot’s marketing mix includes the four Ps: product‚ place‚ promotion‚ and prices (Rowland
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Successful Brand Positioning Estee Lauder has had huge success within their industry for many years because of their positioning within the market. This empire would not have been as successful as it is currently‚ and has been‚ if it failed to segment‚ target and position itself in the appropriate market. When Estee Lauder first formed‚ higher end cosmetics and skin care was a glamorous process at the top notch department stores. Overtime‚ high-end brands have become more common throughout the
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and inspire them has been the biggest contributor. By taking lead and creating a strong identity for itself the brand has managed to motivate the customer to look beyond great design & quality and move towards an eco-friendly lifestyle. Hidesign’s marketing message remains focused and the method of reaching out is constantly being refined. Hidesign has increased its online presence with its website and social networking sites like Facebook and twitter. With stories
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are absent‚ no amount of promotion or selling can be compensate. Hence the aim of marketing is to build and manage profitable customer relationship buy. But real marketing does not involve the art of selling. This is a part of the strategic marketing done by every company to achieve it objectives and goals. To maximize the profits and long-term plans every organization has to follow a strategic planning. Marketing is much more than just an isolated business function – it is a philosophy that guides
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