Lecture 5: PRICE AND PLACE Price: - Define the pricing concept and explain different pricing methods ( cost oriented‚ competitor oriented and market oriented pricing) -Explain pricing strategies for new products( market penetration and market skimming) AND existing products. ( Understand condition and when we can use it) -Consider ethical issue in pricing ( don’t think it will be on the exam) PLACE: Define place(distripution) concept and explain the role of intermediaries in distribution
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Because then there was almost no competition in the markets Unilever was targeting‚ they mostly maintained the largest market share and there was probably not so much international influence from other multinationals. 1. The structure began to create problems for the company because influencing other multinationals (competitors like Nestlè and Procter & Gamble) started to offer :- * global brand products for cheaper price. * reduceing cost structure by consolidation manufacturing
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UNILEVER MEMO In order to gain market shares through the low-income segment of the Brazilian market‚ Unilever should launch a new Detergent Powder brand at an affordable price‚ which could replace in the long-run Campeiro‚ its cheapest brand. However this strategy is not without any risks‚ since it can lead to the cannibalization of Minerva. With 81% of market shares in Brazil‚ Unilever is the leader of the Detergent Powder market. It owns three brands in Brazil: Omo‚ Minerva and Campeiro. Omo
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also will look further into the way on how we do the application and analyze the information we get from the research we had conducted that touches on the four popular marketing mix‚ which also known as the Four P’s (4P’s) which consists of Product‚ Price‚ Promotion and Place Distribution. Here‚ we will have some journals to strengthen our knowledge in the application and analysis part. However‚ we also would like to make some suggestion based on the survey we had conducted with 30 respondents on how
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Demand forecasting Demand Forecasting is the activity of estimating the quantity of a product or service that consumers will purchase. Demand forecasting involves techniques including both informal methods‚ such as educated guesses‚ and quantitative methods‚ such as the use of historical sales data or current data from test markets. Demand forecasting may be used in making pricing decisions‚ in assessing future capacity requirements‚ or in making decisions on whether to enter a new market. •
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mitigating factors and actions for Contex Limited regards the impact of new carbon pricing mechanism on the business‚ this report will implement a series of analyzing activities that are probably involved with calculation‚ estimation and giving recommendations. In addition‚ there are 6 different activities will be operated and each of them will be discussed and explained in depth. For activity 1-3‚ three scopes‚ which are the main source of greenhouse gas for Contex Limited and related data‚ will be quantified
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UNILEVER SECURES ITS MOBILE DEVICES Case Study Questions 1. How are Unilever executives’ wireless handhelds related to the company’s business performance? Unilever is a giant company that operates in several countries throughout the world. This great manufacturer and supplier of fast-moving consumer goods (products) employs managers all over the world. When they are mobile‚ these managers have to have access at any time to their company’s data and need to operate on different wireless
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study Unilever Brazil BT provides an IP-based infrastructure to serve consumer products giant at its new South American home “BT was fantastic in fulfilling our deadlines‚ which were extremely aggressive. The team quickly understood the importance and urgency of the project‚ and they had a wonderful sense of partnership. They aligned all of the external providers‚ achieving a high level of efficiency making sure the project was a success.” Alfred Gunter Infrastructure Account Manager Unilever Brazil
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Supply and Demand XECO 212 April 10‚ 2011 Supply and Demand In economics supply and demand refers to the relationship between the accessibility of a good or service and the need or wish for it amid buyers (Microsoft‚ 2009). Our daily lives are affected by supply and demand. Demand is based on the price of a product‚ the price of related products‚ and customer’s salary and preference. Supply can rest not only on the price available for the product but also on the cost of similar products
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Engagement with suppliers Conclusions Suppliers are crucial to reaching sustainable procurement goals and objectives. In this regard‚ M&S is what BS 8903 calls a ‘Pioneer’ – that is to say‚ a high influence buyer with sufficient buying power to engage with suppliers and bring about sustainability improvements. In turn‚ M&S recognizes its opportunities in the supply chain and works with its suppliers so that they share responsibility for sustainability. Suppliers are expected to answer
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