Competitive factors • Competition is increasing in the luxury car industry. • Competitors‚ such as Audi & BMW‚ are already established in the younger market. • Mercedes-Benz has to consider repositioning‚ adapting brand image and changes in marketing strategy. Political‚ environmental and social factors • Political‚ economical and environmental factors affecting sales. • High growth rates in Russia‚ Japan and BRIC countries. • New social trends are emerging‚ younger audience is tech-savvy
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CASE STUDY: THE LIRIL GIRL [pic] The icon who had held her stead for an astonishing 30 years is the Liril girl. Shrinking attention spans and shifting trends notwithstanding‚ she continues to epitomize exuberant freshness. The ubiquitous waterfall has morphed into a glacier. The signature tune Laa la la la laa has been tweaked to Uff yu maa. Why‚ its not even the customary lime-green anymore. Variants like Icy Cool and Orange Fresh have brought in new hues. But the effervescence of the Liril girls
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idea of the speech Central idea( Thesis statement‚ theme‚ subject sentence) A concise‚ single sentence summarizing and/or previewing what you will say in your speech. Evaluate your central idea To evaluate your central idea for effectiveness‚ study it from two perspectives. First‚ check the mechanics; that is‚ make sure your central idea is written correctly with the proper parts‚ construction and
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Marketing in a Flat World 1) What are the three most critical challenges facing this company in this country. 2) What has the company done to face these challenges and do you think that they are successful Amazon is a fortune 500 online retail company named after the largest river in the world. They specialize in the selling of just about anything over the internet. Amazon was founded by Jeff Bezos in 1994 and they began doing business in 1995. Based in Seattle Washington‚ Amazon is the
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Internal Factor Evaluation Matrix (IFE Matrix) Critical Success Factors Weight Rating Weighted Scores Strength A savvy management team and a venture capital backing 0.20 3 0.60 Continuously well financial management and high gross margin profit 0.05 4 0.20 A flexible financial flexibility to pursued strategic acquisitions and alliances 0.05 3 0.15 Good relationship with strong channel suppliers 0.05 4 0.20 Well community building plan and strong brand loyalty and consumer involvement
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Myth or Reality? Identify whether each of the following sentences is a myth or a reality. Explain your answers. 1. You communicate only when you consciously and deliberately choose to communicate. Myth or Reality 2. Words do not mean the same things to the listener as they do to the speaker. Myth or Reality 3. You communicate primarily with words. Myth or Reality 4. Nonverbal communication is not perceived solely through sight. Myth or Reality
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it seems Geek Squad is in a very good business shape‚ they should keep it up with more improvement on their service quality and try to expend the company at the same time. By the analysis of Canadian market segmentations‚ Geek Squad should focus marketing on their two primary target Baby Boomers and the Generation X. At the same time they will need to keep an eye on their secondary target markets which can provide them a lot of business opportunities. They will eventually be more successful in the
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SIX STRATEGIES FOR SUCCESSFUL NICHE MARKETING BY ERIC K. CLEMONS‚ PAUL F. NUNES AND MATT REILLY Niche marketing is when a company develops a product or service that is currently unavailable in a particular area that will not necessarily be used by the general population. Buisiness are traditionally categorized as low sales‚ high margin or massive sales and low margins. Modern consumer demands have shaped how businesses offered products in the past‚ mainly manufacturing in lots and making goods
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FIN-1103: Principles of Marketing Assignment Details Dear students‚ this document will give you the detail idea about your module assignment. This assignment consist two parts i.e. one write up and a presentation. First we discuss about the write up’s outline then about the presentation. Well‚ let’s see…. The write up: As you know‚ marketing mainly deals with the value of the product. We have to add superior value to our product to capture the customer base. All the participant of the market makes
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• Information density: The total amount and quality of information available to all market participants is vastly increased and is cheaper to deliver. • Personalization/Customization: E-commerce technologies enable merchants to target their marketing messages to a person’s name‚ interests‚ and past purchases. They allow a merchant to change the product or service to suit the purchasing behavior and preferences of a consumer. • Social technology: User content generation and social networking
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