or purchase of a product by the end user or other intermediaries in between. Besides advertising and personal selling‚ all other activities undertaken to promote a product can be classified under sales promotion! | |According to the Institute of Sales Promotion‚ "Sales Promotion comprises that range of techniques used to attain sales or marketing objectives in a cost effective manner by adding value to a product or service either to intermediaries or end users‚ normally but not exclusively within
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2. External Analysis: a. Macro-environment: Company’s macro - environment consist all relevant factors and influences outside the company’s boundaries. Economic‚ There are many economic factors affecting business activities of TrungNguyen‚ but basically there are several major factors by following: Economic growth–Viet Nam’s economic growth rate stood at 5.32% (Nhandan 2010). Per capita income – the average income per person claims to level of 1‚074 USD (Vietnaminvestnetwork 2009). Rate exchange
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roasted and grounded beanlike seeds of tropical shrub of the genus Coffea. It has gained popularity among people around the world as refreshing and invigorating drink as an alternate of refreshing drinks. Well known company Switzerland based company Nestle introduced new taste of coffee to the coffee lovers which has created under the brand Nescafé. Nestlé’s flagship powdered coffee product was introduced in Switzerland on April 1‚ 1938 after being developed for seven years by Max Morgenthaler and Vernon
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An important part of this project report comprises the market situation in which Haleeb is competing. Market acceptability of its products and the upcoming trends regarding to juices are discussed. A detailed information about competitors like Nestle which is also the market leader and Shezan‚ and how they are affecting the company is also provided. An overview of distribution system and criteria of Haleeb in case of juices. A brief description of the company’s marketing‚ non marketing and
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EXECUTIVE SUMMARY Nescafe is looking to attract and retain a young and enthusiastic individuals Market. Nescafé at the same time is targeting young female market too which it feels potentially very strong in terms of coffee in Pakistan . These potential consumers are urban based‚ and are not price sensitive when purchasing coffee but never the less still take it into account. They currently favor café coffee and do not frequently purchase instant coffee. Nescafe is looking
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• While analysing a company’s product‚ a common fallacy can be focusing on the final outlook of the product and that gives rise to a naïve approach. Analysts should consider and analyse all major product decisions that the company may have carried out including quality‚ features‚ options‚ style‚ brand name‚ packaging‚ sizes‚ after-sales services‚ warranties‚ returns‚ etc. Moreover‚ the company’s position‚ as well as marketing strategy in the market‚ can be judged on the basis of its product mix including
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[pic] PREFACE Marketing plan is conventional part of Bachelor of Business Administration‚ requires a deep knowledge about the market. This marketing plan provides the students an opportunity to apply their knowledge practically‚ which they learn in their class. This program also creates confidence in students. The students apply different concepts of accountancy‚ management‚ marketing and other subjects practically. Another purpose of this activity is to introduce
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warehoused or hipped to the next echelon in the supply chain‚ typically either a distributor‚ retailer or consumer. The other three parts of the marketing mix are product management‚ pricing‚ and promotion. Frequently there may be a chain of intermediaries‚ each passing the product down the chain to the next organization‚ before it finally reaches the consumer or end-user. This process is known as the ’distribution chain’ or the ’channel.’ Each of the elements in these chains will have their own
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authors pointed out that the development of these strategies is one of the major challenges the companies are faced with in today’s globalization. The reason primarily‚ is the underdeveloped stage or even in some instances‚ the absence of specialized intermediary firms‚ regulatory system and contract-enforcing system which the authors refer to as “institutional voids”. They mentioned that this absence is the reason why emerging markets “often provide poor soil for profits”. Arguably‚ with the on-going growth
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CASE 33 Marketing to the Bottom of the Pyramid Professor C. K. Prahalad’s seminal publication‚ The Fortune at the Bottom of the Pyramid‚ suggests an enormous market at the “bottom of the pyramid” (BOP)—a group of some 4 billion people who subsist on less than $2 a day. By some estimates‚ these “aspirational poor‚” who make up three-fourths of the world’s population‚ represent $14 trillion in purchasing power‚ more than Germany‚ the United Kingdom‚ Italy‚ France‚ and Japan put together. Demographically
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