totality of value and benefits it provides to the consumer” (Elliot‚ Rundle-Thiele & Waller‚ 2010‚ p.204). The theory behind this is that there are four product levels that create the total product concept and differentiate one product from the next. Core Product The core product is the fundamental benefit that responds to the consumer’s unsatisfied need or wants (Elliot‚ Rundle-Thiele & Waller‚ 2010‚ p.204). Within the context of the beers we have examined this can range from an everyday thirst-quenching
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OPEN UNIVERSITY MALAYSIA FACULTY OF BUSINESS MANAGEMENT BMMK 5103 MARKETING MANAGEMENT Fathimath Numa Rasheed S1309011905 A041562 7910571 fanura@gmail.com Hamid Sodique Villa College ACKNOWLEDGEMENT I would like to extend my sincere gratitude to Mr. Hamid Sodique who lectured this module‚ for the continuous support and all the advice and thoughts that have been given. I would also be thankful to the assistance that
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Past Exam Questions Question 1 (Marketing – delivering and capturing value) a) Imagine you are purchasing a new IPAD device during the summer holidays. Discuss the types of marketing value you would get from purchasing and using this product offering (8 marks) b) Discuss what is meant by the following marketing terms a. the production concept b. marketing concept c. societal marketing concept (6 marks) c) Why are marketing relationships becoming more important for sellers? Identify
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Chapter 10 Brand extensions Good or Bad: Brand extensions are a good business growth strategy as it allows the company to organically grow revenue. However‚ extensions must be carefully evaluated and chosen to ensure that the related affect is what is expected. For example‚ the company needs to make sure that any extension to the brand supports those brand elements or attributes that customers associate with the brand. Any product extensions that conflict‚ deteriorate or dilute the brand
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P&G‚ founded in 1837 with its headquarter in Ohioan‚ is the largest consumer goods company operating over 300 brands including hairdressing and beauty‚ home care and family health in over 80 countries and districts. What is the secret for P&G to be so powerful in this area? According to the CEO of P&G‚ the key for a brand to be successful is to define a clear benefit for a particular brand and make sure it is better than any other competitor to make people’s life better. When you can
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Summary Executive Summary p.2 Key facts p. 3 Marketing mix Product p.4 Price p.4 Promotion p.5 Place (distribution) p.6 Recommendations p.7 Appendix p.8 Appendix 1. Aisle of Breakfast cereals at Woolworth Ashfield p.9 Appendix 2. Print ad of Special K‚ 1964 p.10 Appendix 3. Questionnaire p.11 Results of the survey p.12 Sources p.14 Executive summary Special K is a successful brand‚ with a good level of innovation and communication. It has reached many consumers;
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in Malaysia. The company began its operation in Malaysia since 1990. Follow Me Industries Sdn Bhd is the sole manufacturing facility for all skin care and beauty products to Avery Wellness (M) Sdn Bhd. Avery Wellness business model involved in marketing and distributing skin care and sun care products within Malaysia market. The main distribution centres in Malaysia focus in all pharmacy chains‚ departmental stores and beauty retailers. The company is envisaged to transform from a local enterprise
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Innovation Management of P&G Contents 1．Introduction 1 1.1 The introduction of P&G 1 1.2 The development of P&G 1 1.3 What the report is about 2 2. Evaluation of its innovation management 3 2.1 P&G’s way to search for ideas 3 2.2 Organic Structure of P&G 4 2.3 P&G’s way to manage human resource 5 2.4 P&G’s creative strategies 7 3. Recommendation to its innovation management 8 4．Summary 10 Reference: 11 1．Introduction
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consumer and the brand. Positive brand image results to attachment which is described in psychology as one’s inherent needs to establish and sustain an emotional bonding with others. (Bowelby‚ 1979‚ also seen in Reis&Patrick‚ 1996). In context of Marketing‚ it is a variable which develops relationship between brand and its customer on the basis of psychological‚ functional and sentimental relevance of the brand. For example‚ consumers can get attached to a brand which reinforces one’s desired image
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WOLFGANG KELLER AT KONIGSBRAU-HELLAS A.E. Individual Case Analysis “Leadership is the art of getting someone else to do what you want done because he wants to do it” – Dwight D. Eisenhower Leadership styles vary from person to person. A person’s leadership style is indicative of that person’s personality. Like personalities‚ some leadership styles clash. Wolfgang Keller and Dimitri Petrou are an example of clashing leadership styles. Keller‚ an autocratic leader‚ manages differently than Petrou
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