Marketing is the process of planning and executing the conception‚ pricing‚ promotion‚ and distribution of ideas‚ goods‚ services to create exchanges that satisfy individual and organizational goals. (Kotler‚ Keller‚ ‘05) Marketing is a societal process by which individuals and groups obtain what they need and want through creating‚ offering‚ and freely exchanging products and services of value with others. (Kotler) Marketing is getting the right product or service to the right people (target market)
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GAC012: Business Studies Assessment Event 3 Recommending a Marketing Mix for a Service ‘Lumia’ 800 of NOKIA Mobile Company’ Student: Zhou Siyan ‘Effie’ ID number: ZMSC22222 Tutor: Maqui Due Date: November 19‚ 2012 Date submitted: November 19‚ 2012 Word Count: 1249 words Table of Contents Executive Summary 1.0 Introduction 2.0 Research Methodology 3.0 Research Findings 4.0 Discussion 5.0 Conclusion and recommendations Reference List
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augmentation and population expansion‚ the Indian cement industry is a market of opportunities waiting to be tapped. A direct implication of this sectoral growth is the influx of multinationals like Holcim and Lafarge‚ which will drive Indian cement companies in the building industry to adapt new business strategies to complement the higher demand and competition. A cogent analytical research on governmental reports‚ industry data and cement MNC annual reports has been performed. On analysis and scrutiny
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Running Head: The Marketing Mix: Distribution Channels What might the inventors of new “flying cars” need to consider to develop a distribution strategy for their proposed products? Customers are more sophisticated than ever before and they have access to high quality information from the internet‚ so they make decisions based off excess information. The first step that should be considered to sale Flying Cars is a centralized location. Once a location is established then what would
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About Braaap braaap is the leading brand in pit bikes and we are proud to be the only dirt bike on the planet to offer a LIFETIME WARRANTY. braaap is believed to be the best dirt bike of its type in the world. braaap is not just an online store. We have 4 braaap concept SUPERSTORES around Australia with more in the process of opening braaap is the original Superlite. Our dirt bikes are built for adults and can handle a beating. The braaap motorcycles are designed and tested in Australia and
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Section 3: My New Soft Drinks’ Marketing Mix. Introduction Product My type of product is a drink. A drink established from the idea of environmental conservation. Green Blast will be a product that people would want to buy. It will be a long term selling product if at all it is promoted properly and consumer engagement is encouraged. Just as a reminder the drink is going to be an all fruity with exotic mixes from all possible mixes. Green Blast relates to the target market in various ways
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Product: Big Bazaar offers a wide range of products which range from apparels‚ food‚ farm products‚ furniture‚ child care‚ toys‚ etc of various brands like Levis‚ Allen Solly‚ Pepsi‚ Coca- Cola‚ HUL‚ ITC‚ P&G‚ LG‚ Samsung‚ Nokia‚ HP etc. Big Bazaar also promotes a number of in house brands like: DJ & C Tasty Treat Clean Mate Sensei Care Mate Koryo and 44 other brands. Pricing: The pricing objective at Big Bazaar is to get “Maximum Market Share”. Pricing at Big Bazaar is based
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Marketing Mix 1. Price IKEA’s strategy is based on cost leadership. Across markets where it currently has a presence‚ products are sold at low prices. Prices are 30 to 50% lower than competing products. Price variations are only a result of fluctuations in exchange rates. This penetration pricing enables IKEA to gain significant market share. Low prices are a result of large-quantity purchasing‚ low-cost logistics‚ store location in suburban areas and a DIY approach to marketing. IKEA
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Virgin Atlantic’s Marketing Approach Introduction Britain’s the second largest carrier service. Its huge popularity has ensured its success worldwide. This success is also due to a strategic plan implemented buy Virgin Atlantic. This presentation will attempt to point out some of these key strategies Isolating Its Target Market The airline decided early on that its target market would be business men and leisure travelers. By catering solely to this target‚ virgin created a niche market for
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foodrestaurants based in Louisville‚ Kentucky. KFC is abrand and operating segment‚ called a "concept" of Yum! Brands since 1997 when that company was spunoff from PepsiCo.KFC primarily sells chicken in form of pieces‚ wraps‚salads and sandwiches. While its primary focus is friedchicken‚ KFC also offers a line of roasted chickenproducts‚ side dishes and desserts. The marketing mix is generally acceptedas the use and specification of the ’four Ps ’describing the strategic position of aproduct in the marketplace
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