|Supplementary Material Faculty of Technology Innovation: designing for a sustainable future | |T307 Project Proposal Contents 1 Introduction 1 2 Student information 2 3 Proposal 3 4 Design brief 4 5 Performance specification 5 6 Market specification 6 7 For your tutor 7 8 Group projects 8 9 Tutor feedback 9 1 Introduction 1.1 Purpose Your tutor will use this form to give approval to your project. It is an essential part of your project work and will be assessed
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Research the Braaap organisation at: BRAAAP BRAAAP company has been established by Brad Smith. The business started when Smith imported elite motocross bikes from Asia‚ and then moved into bike design and manufacture. Noticing a gap in the market‚ he expanded the business in 2008 into a retail concept store‚ selling motocross bikes‚ accessories and street wear‚ with the unique addition of an indoor foam pit for the practicing of jumps and tricks on BMX In 2008 he thinks a retail outlet
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Discuss the advantages of developing models for a DSS with Planners Lab instead of traditional programming languages or spreadsheets? Ans) The PL is easy to use and it provides easy visibility of all the formulas/logic‚ which is easy to modify. Also‚ the graphs and the effects of changes are easily seen in the PL software. The dashboard makes it easier to present the graphs and tables. Different types of graphs and charts can be produced just at the click of the mouse. The drag and drop feature
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Case Study The marketing mix provides is a part of company’s business plan. Marketing mix is the best method when planning to market any kinds of products or goods. This is otherwise called four Ps‚ which are place‚ promotion‚ price and product. This certainly benefits the business by put items and administrations unequivocally on the ideal spot‚ at the right cost and at the key area. This article will describe the components of marketing mix‚ and also to analyse whether marketing mix component affects
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The marketing mix in marketing strategy: Product‚ Price‚ Place and Promotion The marketing mix is the set of controllable‚ tactical marketing tools that a company uses to produce a desired response from its target market. It consists of everything that a company can do to influence demand for its product. It is also a tool to help marketing planning and execution. The four Ps of marketing: product‚ price‚ place and promotion. The marketing mix can be divided into four groups of variables commonly
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4.1 Marketing mix The marketing mix is one of the major concepts in modern marketing and is often brought up in general discussions of marketing. Marketing mix is a set of marketing tools that a company uses to pursue its marketing objectives in the target market. When a company is making decisions on marketing they generally fall into four controllable categories known as the 4 P’s: product‚ price‚ place and promotion. As shown in the figure 3; in Kotler’s Marketing mix chart the target
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qualities giving suitable examples. Discuss their implications for services marketers. SEARCH -is the activity of looking thoroughly in order to find something or someone try to locate or discover‚ or try to establish the existence of; In the marketing concept‚ we conduct consumer research -to determine consumer needs / wants. -then to try to satisfy the consumer with a product or service. -then create a sense of satisfaction for the consumers. ------------------------------------------------------------
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1) The marketing mix consists of 4P’s. Explain how each part of the mix can be used to stimulate a response from the chosen target market. The 4P’s‚ price‚ product‚ place‚ and promotion that make up the marketing mix play a vital part in stimulating a response from the chose target market. These will ultimately be the deciding factors as to whether the target market will purchase the product or not. Although there are 4P’s‚ most companies will look a bit further to the 7P’s in order to stimulate
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Marketing is the activity‚ set of organizations‚ and processes for creating‚ communicating‚ delivering‚ and exchanging offerings that have value for customers as well as clients also partners and society at large. In the marketing process discuss about four factors. Those things are called 4P’s or marketing mix elements. Those are (1) Product (2) Price (3) Place (4) promotion Product is valuable thing for every organization. If there is no point to manufactured or develop product or services
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Marketing Mix Price‚ Product‚ Promotion and Place are known as the “Four Ps” of Marketing. The combination of the four Ps used for the purpose of marketing product is known as the Marketing Mix. For this paper‚ you will be creating your own marketing mix. Specifically‚ you will: Choose a tangible product with which you are familiar and describe why this product is of interest to you. Describe‚ in your own words‚ the characteristics of each element of the Marketing Mix (price‚ product‚ place
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