as anticipated by CRISIL‚ FMCG sector will touch around Rs. 140000 crores by 2015 (33.4B$). This post will through some pointers for growth in FMCG Sector and update with the contemporary category trends. Growth Drivers: FMCG Sector 1. Disposable Income: There is increase in disposable income‚ observed in both rural and urban consumers‚ which is giving opportunity to many rural consumers to shift from traditional unorganized unbranded products to branded FMCG products and urban fraternity
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Fashion and Social Media Deanna Robinson Arcadia University Abstract Due to the changes in technology British luxury brand Burberry has changed its global product and marketing strategy. Burberry is using social media to reposition and better market its product. For small fashion companies like 3.1 Phillip Lim the use of social media to generate business internationally can be harmful to its reputation. I will discuss the pros and cons each company could face while using social media to generate
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expansion of Web 2.0 social media and a seemingly infinite growing industry. Social media is not only affecting the consumer industry but rather recently starting to become more popular among sports teams. Using multiple articles and various sources this paper will examine the positive and negative effects that social media has had on the sport marketing industry. Some examples of social media include Facebook‚ Twitter‚ YouTube‚ LinkedIn‚ and Word Press along many other social networking sites.
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leverage social media in a marketing aspect. People use online social networks to satisfy the need create social capital‚ a need to fit in‚ and a need for self-presentation and independence. The amount of consumers that use social media will almost certainly continue to increase‚ while at the same time the old methods leveraging channels of communication declines. It is in a company’s best interest to follow the consumers’ behavior and preferences. Knowing this‚ they need to leverage social media for
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and the Social Media by Tanya Senkovska 11114117 Stella Valcheva 11114120 Teodora Gocheva 11114125 1 CONTENTS Introduction ………………..…………………………………………………………………………………………………3 Theory Marketing Concepts ……………………………………………………………………………………………………………4 Social Media ……………………………………………………………………………………………………………………..5 Social Media Marketing ……………………………………………………………………………………………………..6 Nescafe The Brand ………………………………………………………………………………………………………………………….7 Nescafe Marketing Analysis (theory implementation)
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and the society at large by producing various goods and services. The market need is continuously changing. In order to cope up with the changing demand companies must develop a good forecasting technique to determine the demand level For this term paper‚ five different products from different companies‚ selected from the fast moving consumer goods industry‚ were taken as the subject of study. The products selected are of different nature in the consumer industry‚ which made them ideal for the term
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Social Media Monetization Twitter‚ Linked In‚ Facebook‚ My Space are great sites‚ but how can you monetize and productize these new innovations. The goal of social media is to turn customers into a volunteer marketing army. Social media creates kinship between companies and customers‚ and kinship equals purchase intent. Facebook‚ Twitter and MySpace are superb social networking websites to utilize to generate network marketing demands. They have a plethora of features and tools for anyone to leverage
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Horizons (2010) 53‚ 59—68 www.elsevier.com/locate/bushor Users of the world‚ unite! The challenges and opportunities of Social Media Andreas M. Kaplan *‚ Michael Haenlein ´ ESCP Europe‚ 79 Avenue de la Republique‚ F-75011 Paris‚ France KEYWORDS Social Media; User Generated Content; Web 2.0; Social networking sites; Virtual worlds Abstract The concept of Social Media is top of the agenda for many business executives today. Decision makers‚ as well as consultants‚ try to identify ways in
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INFLUENCE OF BRAND LOYALTY ON CONSUMER SPORTSWEAR ABSTRACT The purpose of this research is to investigate how the respondents are influenced by factors of brand loyalty towards sportswear brands. Previous research adopted four factors to test in the Malaysian environment. The four factors of brand loyalty are brand name‚ product quality‚ style‚ and service quality. Brand name has shown strong correlation with brand loyalty. In order to increase customer satisfaction and drive them to be brand loyalists
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Role of FMCG companies in the rural sector Abstract The Fast Moving Consumer Goods (FMCG) sector is a corner stone of the Indian economy. This sector touches every aspect of human life. The FMCG producers now realize that there is a lot of opportunity for them to enter into the rural market. The sector is excited about the rural population whose incomes are rising and the lifestyles are changing. There are as many middle income households in the rural areas as there are in the urban. Thus
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