410 Marketing of physical products VS marketing of services The marketing of physical products and marketing of services expose two different situations in marketing which requires different strategies. With physical product marketing you need to consider the product‚ price‚ place and promotions which are the standard 4Ps approach. When it’s come to marketing of services you need to consider people‚ process and proof on top of the standard 4Ps approach. Services are intangible‚ inseparable‚ perishable
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Spring 2010 (Jan-Jun) Master of Business Administration-MBA Semester 4 MK0006 – Services Marketing and Customer Relationship Management - 2 Credits (Book ID: xxxxxxx) Assignment Set- 1 (30 Marks) Note: Each question carries 10 Marks. Answer all the questions. Q.1 a. What do you mean by physical evidence in services? Give examples. (5 marks) b. Write a note on service development. (5 marks) Q.2 a. Briefly explain the terms “customer expectation” and “customer perception”. (6 marks) b. What
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Recommending a Marketing Mix for a Product or Service Executive Summary This report mainly talked about a product-Pepsi. In this report‚ the purpose was compared and contrasted which 4Ps is better to the Pepsi and wanted more people to buy it. The thesis was compare and contrasts the Pepsi with the competitor - Coca Cola. So the report needed find some information and interview some people. The key finding was that SWOT and 4Ps is very important to the product. And the key conclusion and recommendation
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Assignment On Mission Statement of Uniliver and Pran RFL Group and Marketing Management (MKT 501) Fall 2014 Submitted To Professor Dr. Serajul Hoque Department of Business Administration East West University Submitted by Md.Nazmul Hasan Bhuyan 2013-3-95-003 Mission Statement of PRAN Introduction: PRAN stands for Program for Rural Advancement
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Leadership & Differentiation strategies A/ My perspective on the issue As far as I’m concerned‚ cost leadership and differentiation are the most popular strategies applied in business battlefield. Each has its own pros & cons‚ aims and sticks firmly to companies’ different long-term goals. And here are my brief comparison tables between them : Cost leadership Differentiation Staples Provide customers with standardized products at the lowest prices Provide customers with products having unique
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What relationship exists between Wilde’s ‘The Picture of Dorian Gray’ and Will Self’s recent adaptation‚ and to what extent is Self’s transformation of the original a response to the new social context within which he is writing? The introduction will outline how Wilde’s original version could be read as a story with a moral‚ drawing on the myth of Narcissus and Goethe’s Faust‚ and that on a basic level‚ Self’s text operates in the same way. Referencing Houston A. Baker Junior’s essay “A tragedy
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fairer way to trade olive oil (p.337) G3 9 Chapter 11 – Ramez super discount store: from rags to riches (p.371) G4 10 Chapter 12 – Unilever: crossing the divide between digital and traditional media (p.403) G5 Questions to be answered for each case: Questions for Chapter 2 case: 1. Describe the relationship between the Olympic Games and its sponsors. 2. Discuss the marketing opportunities for partner businesses and suppliers to the Olympics. 3. How does the Olympics ensure that
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Assessment activity 1 1.1 In conducting research on behalf of your organization or for a client organization‚ what factors could influence the choice of sources used? The intention of the research and also the types of products and services. 1.2 Why can data and information cross-checks and cross-references be necessary when doing research? It is important not to rely on a single piece of information if you can avoid it‚ so also look for corroborating evidence unless the source is absolutely
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Principles of Marketing TARGET MARKETING: Market Segmentation‚ Targeting and Positioning Introduction 1. To succeed in today’s competitive marketplace‚ companies must be customer-centered‚ wining customers from competitors and keeping them by delivering greater value. a. Sound marketing requires a careful‚ deliberate analysis of consumers. b. Since companies cannot satisfy all consumers in a given market‚ they must divide up the total market (market segmentation)‚ choose the best
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Successful Brand Positioning Estee Lauder has had huge success within their industry for many years because of their positioning within the market. This empire would not have been as successful as it is currently‚ and has been‚ if it failed to segment‚ target and position itself in the appropriate market. When Estee Lauder first formed‚ higher end cosmetics and skin care was a glamorous process at the top notch department stores. Overtime‚ high-end brands have become more common throughout the
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