Marketing is defined as 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.P 2002 : 5) The goals of marketing is to attract new customers by promising superior value and keep and grow current customers by delivering satisfaction. There are five core concepts of marketing‚ which includes needs‚ wants and demand; products‚ services and experience; value‚ satisfaction and quality; exchanges
Premium Marketing
The four concepts which organizations use to design their marketing strategies (product concept‚ production concept‚ selling concept‚ and societal marketing concept) are important because they serve as a guide for businesses to plan and carry out their marketing and selling efforts. The production concept is the oldest of the concepts in business. It proposes that customers prefer products that are cheap and widely available. organizations that focus on this concept are likely to concentrate on
Premium Marketing
Abstract This paper is talking about a marketing plan for Amcare hospital. Amcare hospital is a brand new private hospital in Beijing --- the capital of China. Nowadays China has more than 1.3 billion people‚ in Beijing there are about 20 millions residents‚ compared with such a large population base‚ the medical resources are quite limited‚ which means there are great potential opportunity for a new hospital. In this marketing plan‚ i demonstrate the mission statement of Amcare hospital‚ described
Premium
* S3345219 – Nguyen Kim Ha * S3358195 – Nguyen Nu Hang Nga * S3324155 – Le Nguyen Hanh An BONIVA CHOCOLATIER MARKETING PLAN BONIVA CHOCOLATIER MARKETING PLAN Table of contents EXECUTIVE SUMMARY A. ANALYSIS 3 I. Introduction 3 II. Situation Analysis 4 1. Company Description 2. Product Description III. Marketing Environment 5 1. Micro-environment 5 2. Macro-environment 6 IV. Swot Analysis 9 V. Segmentation‚ Targeting
Premium Chocolate
DFW Hotel & Casino Marketing Plan August 2010 Final Draft Executive Summary DFW Hotel & Casino is a start-up resort that will offer gambling‚ restaurants‚ accommodations‚ and live entertainment to North Texas residents and out-of-state visitors. The casino market in Texas has been underserved due to prohibitive legal regulations that are now being relaxed. Presently‚ most Texas residents choosing to gamble must travel to adjoining states. Up to now‚ this has been a prosperous situation for
Premium Marketing Hotel Casino
Strategic Planning Business Unit Strategic Planning • SWOT Analysis – External Environment Analysis (Opportunity and Threat Analysis) • Marketing Opportunity – Buying opportunity more convenient or efficient – Meet the need for more information and advice – Customize an offering that was previously only available in standard form Business Unit Strategic Planning – Marketing Opportunity Analysis (MOA) • Can the benefits be articulated to a target market? • Can the target market be reached with cost-effective
Premium Strategic management Marketing
competition make Langkawi cannot get a development very well‚ that is the reason why Langkawi cannot be the world-wild attraction. A right marketing plan can make Langkawi give full play to its advantages and make up for weakness‚ and then get a good development of marketing. Setting marketing objectives‚ confirm target markets‚ use marketing strategies to develop a marketing plan for Langkawi is the focal point of this article. Introduction Langkawi‚ “The Island of Legend” is located 108 kilometers northwest
Premium Tourism Marketing plan Marketing
Target Market and Segmentation The core of market segmentation is satisfying the customer’s needs and wants. However‚ that is hard to achieve because all buyers have different perspectives and needs as well as customer’s needs and preferences easily change in terms of various industries which offer similar goods and services. Imperial Leather Soap aims at effective segmentation in order to make profits by analysing four types of segmentation which need to be identified (Alan & Tracy‚ 2002). These
Premium Marketing Social class Middle class
Our group selected a popular fast food restaurant company; McDonald restaurant (Hong Kong) Limited; McDonald was a neighborhood restaurant established in USA‚ in 1955.The first McDonald was established in Hong Kong in 1975 and offered customer the American Big Mac Meal and located at Paterson Street‚ Causeway Bay. ***Section 1 Mission of McDonald: “To be our customers” favorite Place and way to eat with inspired people who delight each customer with unmatched quality‚ service‚ cleanliness and
Premium Hamburger Fast food
Differentiate between the marketing concept and the selling concept. The concepts of marketing and selling are derived from 2 simple activities: marketing and selling. These two activities are very similar to a large extent similar though there are a few elements about each of them that differentiate them. Selling can be defined as a process of transferring a product or service to a buyer at a price regardless of his or her need whereas marketing is defined as a process of transferring a product
Premium Marketing