MARKETING STRATEGY Objectives: • Understand the importance of strategic positioning and its relationship to the mix. • Learn to maximize marketing potential by managing portfolios of activities & brands. SESSION 1 (12/01/12) Introduction to Strategic Marketing: Strategic segmentation [pic] [pic] Strategic mission: (company website_The Coca Cola Company_Barilla) Company mission: (company website _ About us) • Values (shared
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1.0 Introduction According to Kotler and Armstrong (2004)‚ marketing is a social and managerial process whereby individuals and groups obtain what they need and want through creating as well as exchanging products and values with other people. However‚ marketing strategy is defined as a process that can allow a corporation to essence its resources on the best business opportunities. The organization has goals and objectives to increase sales and achieve a certain supportable competitive
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Advertising Strategy of Adidas: A comparative Study 1 INTRODUCTION Adidas was formed by German sports apparel by the founder Adi Dassler during 1920s. While Dassler was in his mother’s wash room he decided to begin an athletic shoe. After he made the shoe he had help from his brother and twelve other people to produce around 50 handmade shoes per day. These athletic shoes were made for running and training. “For over 80 years‚ Adidas has been part of the world of sports on every level‚ delivering
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Marketing strategy A strategy is a long-term plan to achieve certain objectives. A marketing[link] strategy is therefore a marketing plan designed to achieve marketing objectives. For example‚ marketing objective may relate to becoming the market leader by delighting customers. The strategic plan therefore is the detailed planning involving marketing research‚ and then developing a marketing mix to delight customers. Every organisation needs to have clear marketing objectives‚ and the major route
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Chapter 1 an overview of marketing Two facets of marketing: 1. A philosophy‚ an attitude‚ a perspective‚ or a management orientation that stresses customer satisfaction. 2. Marketing is an organization function and a set of processes used to implement this philosophy. American Marketing Association Definition of Marketing Marketing is the activity‚ set of institutions‚ and processes for creating‚ communicating‚ delivering‚ and exchanging offerings that have value for customers‚ clients‚ partners
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options for camera repair • Warranty – 1 Year limited • Accessories and services – Lens Kit‚ Eyecup‚ Body cap‚ Neck strap‚ Video / audio cable‚ USB cable Canon Price Decisions Some examples of pricing decisions to be made include: • Pricing strategy (skim‚ penetration‚ etc.) • Suggested retail price – USD$1200 • Volume discounts and wholesale pricing • Cash and early payment discounts • Seasonal pricing • Bundling • Price flexibility - +/- 30% • Price discrimination Canon Distribution
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Strategic marketing and marketing strategy: domain‚ definition‚ fundamental issues and foundational premises Rajan Varadarajan Received: 20 April 2009 / Accepted: 24 September 2009 / Published online: 28 October 2009 # Academy of Marketing Science 2009 Abstract This paper proposes a domain statement for strategic marketing as a field of study and delineates certain issues fundamental to the field. It also proposes a definition for marketing strategy‚ the focal organizational strategy construct
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adidas group | Studimi I kompanise ADIDAS | Për mbi 80 vjet‚ Grupi Adidas ka qenë pjesë e botës së sportit në çdo nivel‚ në dërgimin e shtet-e-artit-sportiv‚ veshje‚ këpucë dhe aksesorë. Sot‚ adidas Group është një udhëheqës global në industrinë e mallrave sportive dhe ofron një portofol të gjerë të produkteve. Produkte nga Grupi adidas janë në dispozicion në pothuajse çdo vend të botës. Strategjia: Te forcojme vazhdimisht markat tona dhe produktet për të përmirësuar pozitën tonë konkuruese
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best grocery value to customers. Cub views consumers as the driving force behind the business goals and strategies. Cub continues to offer the premier value for consumers ’ dollars. All of the business units and operations teams consistently work to identify and support business initiatives that are environmentally-friendly‚ ranging from promoting customer involvement in the company ’s recycling programs to further reduce energy usage in stores and offices. Cub Foods also cares about the
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best not to conduct marketing research When there is no high level of uncertainty. For example‚ when company understands the characteristics of the target customers and their likes and dislikes regarding existing products‚ under this circumstances‚ further research would be repetitive and waste money When the value of research information is not greater than the cost of generating the information. 15. Discuss the three major benefits of marketing research to managers Marketing research is the process
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