decade ago‚ the concept of category management revolutionized retailing and its fundamental approach towards merchandising. Category Management is a way of managing products on the level of a product group‚ rather than on the level of single product. At the core of the Category management concept is a focus on a better understanding of consumer needs as the basis for retailers and suppliers strategies goals and work processes. The evolution of the concept of category management is closely linked
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Works on the Consumers Introduction A brand is a name that influences buyers. This definition captures the essence of a brand: a name with power to influence buyers. But‚ what really is a brand? People around the globe are now living in a ‘branded’ world. This might sound obscene but in most cases‚ it is clearly evident. Most consumers prefer to buy a product with a well-known or a popular brand than buying an unpopular one. Some buy products with brands that connote ‘extravagance’ or capacity
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Vol. 2 (8)‚ 2012‚ 434-443 RESEARCH ARTICLE RESEARCH ARTICLE Brand Awareness and Customer Preferences for FMCG Products in Rural Market : An Empirical Study on the Rural Market of Garhwal Region 1 Anupam Jain and 2Meenakshi Sharma* ABSTRACT The purpose of this study is to examine the brand awareness in rural area and to study the interest of consumers in branded products of Fast Moving Consumer Goods (FMCG). The brand awareness is showing increasing tendency everywhere and Garhwal Region
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The Benefits of Herbal Medicine in the Fight Against Joint Pain Arthritis and other rheumatic diseases that cause chronic joint pain symptoms are among the most common disabling conditions among adults. If you suffer from chronic join pain you are in good company as it is estimated that about 33% of adults in the United States suffer from some form of chronic joint pain. There are many new prescription medications available for the treatment of these conditions‚ but if you’re concerned about the
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A CATEGORY ATTRACTIVENESS ANALYSIS OF THE LAPTOP INDUSTRY IN INDIA. SUBMITTED TO: SUBMITTED BY: DR.SATYA PRASAD VK VAIBHAV AGARWAL (SEAT NO: 26) URVASHI DUGGAL (SEAT NO: 25) SAURABH (SEAT NO: 51)
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Task 1 – Emerging Themes Background The restaurant industry is increasing evolving in the way that they communicate with their customers. In the past restaurants could work with pen and paper and a telephone to manage and confirm their reservations with diners. With new technological advances in the industry‚ there are more options for restaurants to manage their businesses more effectively and efficiently by communicating to their customers through these channels. The selected industry –
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EMERGING MARKETS: OVERVIEW AND GROWTH OPPORTUNITIES ACROSS RETAIL CHANNELS Report extract combining insights from the following global briefings Emerging Markets: Overview and Growth Opportunities in Non-Grocery and Non-Store Channels Emerging Markets: Overview and Growth in Opportunities in Grocery Channels Click to learn more about the full reports EMERGING MARKETS POWER AHEAD Strong opportunities outside the BRICs The BRICs remain far ahead of other emerging countries in terms of size‚ as
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Modern or Herbal Medicine‚ which is better? The United States is a country which revolves around innovation‚ inventions‚ and furthering our society to make a profit. Many people come to America to work‚ and make money. One very profitable‚ and very popular industry is drugs. From illegal to legal‚ completely natural to completely synthetic‚ the list of drugs is endless. Large drug companies produce many drugs daily. Some of these drugs make it to the consumer market‚ and others are rejected
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MARKETING MANAGEMENT November 2007 Nokia cell phones have been arranged into four different categories‚ according to use‚ price‚ need etc. The four categories are Multimedia‚ Business‚ Lifestyle and Connect and each category contains several different phone models. Here for this exercise‚ I shall evaluate these different business units in relation to the 4Ps model of marketing. 1) In what way are the 4P issues different in Nokia ’s different mobile phone business units? The business units
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Global brands Vs. Local Brands Introduction According to Ger‚ Belk and Lascu (1993)‚ advances in communications and information systems technology have shrunk distances‚ thereby linking markets through flows of information across markets. These trends enhance the management of global operations and drives up the need to deal effectively with global competition. As firms enter international markets‚ branding plays an important role in its marketing strategy. Many consumers use brands as clues to
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