LESSON-16 BASIC CONCEPTS IN MARKETING Dr. Subhanjali Chopra STRUCTURE 16.0 Introduction 16.1 Objectives 16.2 What is ‘Marketing’? 16.2.1 The Marketing Concept 16.2.2 Marketing versus Selling 16.2.3 Importance of Marketing in Small Business 16.2.4 Marketing of Services 16.3 Marketing Research 16.4 Market Segmentation 16.5 Marketing Mix 16.6 Other Marketing Strategies 16.6.1 Sub-Contracting Exchanges 16.6.2 Tender Marketing 16.6.3 Consortia Marketing 16.6.4 Government Stores Purchase Programme
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Introduction Rip Curl‚ one of the world’s largest surf-wear companies which designed to meet the needs of the young and vibrant men and women who commonly enjoy surfing and seek for premium products. The purpose of this report is to create an Integrated Marketing Communications plan based on the situational analysis and research about the company Rip Curl. The IMC objective for this plan is to increase Rip Curl’s brand awareness by 10% among the target group of people aged 18 to 34 via learning about Rip
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Journal of Vacation Marketing Volume 5 Number 4 Academic Papers Strategic theming in theme park marketing Kevin K. F. Wong and Phoebe W. Y. Cheung Received (in revised form): 20th May‚ 1999 Department of Hotel and Tourism Management‚ The Hong Kong Polytechnic University‚ Hung Hom‚ Kowloon‚ Hong Kong Tel: (00 852) 2766 6341; Fax: (00 852) 2362 9362; E-mail: hmkevinw@polyu.edu.hk Kevin K. F. Wong‚ PhD is a Senior Lecturer in Tourism and Manager of the HTM Resource Centre in the Department of Hotel
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purchasing power and is among the fastest-growing‚ with a population of around 1.12 billion people‚ with huge natural resources‚ and with costs that are at the very low end of the global average. All major consumer companies of India have sophisticated marketing and product development plans. Moreover‚ the multinationals that are operating in India have business models that are tailor-made to local markets and customs. After the economic liberalization of 1991‚ many MNCs have entered India
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Classic Airlines 9 Step Marketing Solution This paper will use a problem solving model to solve Classic Airline’s marketing problem. The company is suffering within the airline industry due to several factors‚ a couple being the massive increase of costs for fuel and labor. The resolution in conquering the airlines dilemma will be addressed in a comprehensive nine-step problem solving model. This model will include Defining the Problem‚ Gathering Facts‚ Feelings‚ and Opinion‚ Identifying the Real
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C570: Strategic Marketing Management Cleopatra – Marketing Strategy Changes Team 3: 1. What are the most important possibilities for improving the results for the Cleopatra product in Canada? If Colgate-Palmolive wants Cleopatra to be successful in Canada‚ they need to make a few major changes to their strategy. As seen from the first assignment on segment attractiveness‚ the Canadian soap market has matured and the only way to grow is by drawing more market share from competitors
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Sales Have weekly sales meetings to report the level of sales‚ returns and new accounts opened within the week Updating knowledge The sales team will update the other members of staff of their knowledge about the sales. Internal Marketing They
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Marketing Strategy Anheuser-Busch’s [pic] Table of Content 1. Summary 1 2. Introduction 1 3. SWOT Analysis 1 3.1 The SWOT analysis of Anheuser-Busch 2 4. PETSLE analysis 3 5. Competitors 5 6. Unique Selling Proposition (USP) 5 7. Segmentation Targeting and Positioning 6 8. Company’s objectives - SMART 7 9. Marketing Mix 4P’s 7 10. Possible Strategies for Anheuser-Busch in General 9 11. Conclusion 9 I. Appendices II. References III. Internet resources Summary The author
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Chapter 11 marketing strategies for the new economy Past paper: Discuss the advantages and disadvantages of the new economy for marketers (60%). How might companies develop a new economy strategy for their products or services (40%)? Illustrate your answer with examples. * Does every company need a new-economy strategy * Definition: new economy means the industries that stimulate the development or play an important role in electronic commerce and the internet‚ market computer hardware
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INTERNATIONAL MARKETING STRATEGY An international marketing strategy involves developing and maintaining a strategic fit between the international company’s objectives‚ competencies‚ and resources and the challenges presented by its international market or markets (Terpstra‚ V. and Sarathy‚ R.‚ 1997). As such‚ the international strategic plan forges a link between the company’s resources and its international goals and objectives in a complex‚ continuously changing international environment. In
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