Section A – (5 x 15 = 75 marks) Answer any FIVE of the following 1. What is consumer Behavior? Explain briefly the various factors influencing consumer behavior taking example of any consumer durable of your choice? 2. Distinguish between Market Segmentation and Product Differentiation? Describe the bases that you will use in segmenting the market for the following products: a) Hair dryer b) Low calorie sweetener 3. Write notes on:- a) Marketing Research as a toll of decision making b) Functions
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INTRODUCTION Haagen-Dazs were the pioneers in the market for creating distinctive and indulgent taste experiences by marketing to an untapped segment - the adult ice cream lovers. The Haagen-Dazs brand quickly developed a loyal following. Its early success was created by word of mouth and praise. Without the benefit of advertising the story of an incredibly rich and creamy confection spread rapidly. At first‚ it was only available at gourmet shops but soon distribution expanded In 1983 Haagen-Dazs
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Segmentation‚ targeting and positioning – achieving a successful Marketing Mix. Creating and planning our own business we have to remember that the business is composed of variety of things which support one another. Our goal should be preparing a good marketing strategy which is a part of general strategy of our business. The marketing strategy contains segmentation‚ targeting and positioning what is a plan how our company will work in chosen market to gain our goals. Segmentation‚ targeting and
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Brad Kellogg maintains a monthly balance in his checking account of approximately $150‚ writes about 25 checks a month‚ and makes three deposits each month. How would Brad decide which one of the following checking accounts he should use? Bank A: regular checking
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1. Demographics and Psychographics for the Bajaj-Renault-Nissan low cost car To map the consumer profile and exact segmentation‚ Demographic and Psychographic characteristics have to be considered: (for the Bajaj-Renault-Nissan low cost car) Demographic characteristics are as follows: Gender: The car is for the family‚ so gender is immaterial here. But generally‚ the male person of the house
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Market Segmentation in Telecom sector: Its Role and Scope in Cellular Services in India Abstract Market segmentation plays a very crucial role in service sector. It helps in customizing the services to meet the needs of customers‚ so that they can get maximum satisfaction. It helps a customer to select a service that suits to his budget. Segmentation also helps in identifying the appropriate distribution channel for the services. It plays a very crucial role in increasing the return on investment
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Assignment – MCP 2131 MBA in HRM - 2010/2012 Registration No. 610047223 Objective The objective of this paper is to discuss how market segmentation is carried out in the toothpaste market of Sri Lanka‚ and how products are targeted at the selected segments. This paper will provide; An introduction to the toothpaste market of Sri Lanka and its segmentation An introduction to the selected company operating in the toothpaste market and the segments it is targeting Reasons for the company to
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BRIEF Cadbury is almost 200 years young with a heritage tracing right back to 1824. It ’s a fascinating story of industrial and social development - the story of a small family business growing up‚ and joining with others‚ to become an international world leader. A story of technical invention and secret recipes‚ marketing savvy and the creation of great brands. A story of people who are passionate‚ principled‚ pioneering and just love confectionery. Cadbury is a British-based confectionery
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Foundations – Assessment One. Cultural pluralism is a term used when small groups within a larger society maintain their unique cultural identities.[1]Legal pluralism goes one further to incorporate multiple legal systems within one geographic area.[2] Plural legal systems are particularly common‚ where the law of a former colonial authority may exist alongside more traditional legal systems.[3] The following paper will look into whether or not two legal systems can co-exist and if they can co-exist
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1. List the broad product market: Lip care products 2. What homogenous products can be found in the broad product market? Lip balm‚ lip gloss‚ lipstick‚ petroleum jelly‚ lipstain‚ lip plumper 3. Name the homogenous product market: Lip Balm 4. Market description: Industry Statistics: • Skin care industry sales in 2007 for the US were 8059.2 million‚ with a growth rate of 3.1 percent from 2006. • The skin care industry has had a compounded annual growth rate of 3.6% from 2002-2007
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