Positioning strategies Premium pricing strategy It is used to maximize profit in areas where customers are happy to pay more. The practice is intended to exploit the tendency for buyers to assume that expensive items enjoy an exceptional reputation or represent exceptional quality and distinction Example: Louis Vuitton‚ Rolex‚ first class air travel‚ luxury hotels etc. are products and services applying a premium pricing strategy. Economy Pricing Supermarkets often have economy brands
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MARKETING PLAN FOR EVENT MANAGEMENT COMPANY Case: Clubworks LAHTI UNIVERSITY OF APPLIED SCIENCES Degree programme in International Business Thesis Spring 2013 Nguyen‚ Nhat Anh Quang Lahti University of Applied Sciences Degree Programme in International Business NGUYEN‚ NHAT ANH QUANG: Marketing plan for event management company Case: Clubworks Bachelor’s Thesis in International Business‚64 pages Spring 2013 ABSTRACT This thesis provides a strategic marketing plan for
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Competitive advantages held by Samsung and Apple Corporations Table of contents 1. Introduction 2 2. Body 2 3. Conclusion 7 References 10 1. Introduction Samsung and Apple Corporations are two main popular mobile brands in the worldwide market nowadays. The essence of battles between Apple and Samsung is a battle of technologies. Both companies compete for technical innovation and aim at providing the most practical and convenient mobile software
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MARKETING PLAN OF NEPAL AIRLINES CORPORATION BY: SAROJ BARAL 31 MAY 2013 (INDIVIDUAL ASSIGNMENT) MARKETING AND BUSINESS ENVIRONMENT MBA INTAKE 14 Table of contents 1. Executive summary……………………………………………………………………………………….4 2. Introduction………………………………………………………………………………………………….4 3. Situation analysis of Nepal Airlines Corporation………………………………………...…..5 3.1 Product and services………………………………………………………………………………..5 3.2 Market and competition….…………………………………………………………………...…..5 3.3 Competitors……………………………………………………………………………………………
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Strategic Planning Business Unit Strategic Planning • SWOT Analysis – External Environment Analysis (Opportunity and Threat Analysis) • Marketing Opportunity – Buying opportunity more convenient or efficient – Meet the need for more information and advice – Customize an offering that was previously only available in standard form Business Unit Strategic Planning – Marketing Opportunity Analysis (MOA) • Can the benefits be articulated to a target market? • Can the target market be reached with cost-effective
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Target Market and Segmentation The core of market segmentation is satisfying the customer’s needs and wants. However‚ that is hard to achieve because all buyers have different perspectives and needs as well as customer’s needs and preferences easily change in terms of various industries which offer similar goods and services. Imperial Leather Soap aims at effective segmentation in order to make profits by analysing four types of segmentation which need to be identified (Alan & Tracy‚ 2002). These
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Enhancing the Marketing Plan As part of the Impressions Salon & Spa’s marketing plan‚ the following sections provide details of the current market situation by analyzing: Competitors‚ strengths‚ and weaknesses; roles in the marketplace; plan to differentiate the business; environmental issues‚ and; the most significant trend that impacts the company. The Company’s Competitors‚ and the Strengths and Weaknesses A competitor’s capabilities can be analyzed according to its strengths and weaknesses
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Development Association (SYDA) Tactical Marketing Plan Presented By: Issaq Gass Plan Overview Practice: Somaliland Policy & Reconstruction Institute (SOPRI) Name of Campaign: Somaliland Youth Development Association (SYDA) Campaign Manager: Issaq Gass Objective The objective is to open a youth complex facility which targets youth development in a country in the Horn of Africa following the market strategies specified in this plan. Target Market Product demographics
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An Introduction Of PepsiCo’s Brand New Energy Drink Name: Nguyen Chau Phi Yen ID: 1116462 Date: August‚ 2011 EXECUTIVE SUMMARY The main purpose of this marketing plan is analyzing and examining the New Zealand energy beverages market to prepare for PepsiCo brand new energy drink category: Strawberry Sting – no fat‚ low sugars‚ high sodium and calories with sweet strawberry flavor to meet one of PepsiCo objectives: “sustainably and profitably develop company’s beverage business worldwide”
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know yourself‚ and you can fight a hundred battles with no danger of defeat’. Hence‚ the company must make marketing plan systematically‚ in terms of its objectives and missions‚ if it pursues maintaining a high level of operating efficiency‚ and achieving above-average returns. The role of situation analysis Situation analysis is an essential first step in the process of marketing plan. Jain (2004) states situation analysis is an important way in terms of forecasting the shape of things‚ analyzing
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