Sales Promotion Promotion is the final element in the marketing mix. After the nature of product is decided‚ its price fixed and the methods of distribution decided‚ the manufactures has to take effective steps in meeting the consumers in the markets. In the present consumer oriented markets it is the duty of manufacturers to know what is required by the consumer. It is also their duty to make the customers know where‚ when how and at what prices. The products would be available. Meaning of
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going to discuss is a study on the sales and marketing strategies on the promotion at Shangri-la’s Rasa Sayang Resort & Spa Penang. Sales and marketing department is one of the important departments in hotel that can make a biggest profit for the hotel. The topic that i choose is based on the situation that i happen when i do a industrial tranning. How they do a promotion to get a better profit and benefit. The types of promotion that they have done. (WHAT DOES IT COME FROM…JUSTIFY) OBJECTIVES
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marketing opporunities & MARKETING MIX ASSIGNMENT LENOVO VS DELL BRANDS: Lenovo：The company was founded in 1984 by a group of eleven engineers‚ headed by Liu Chuanzhi‚ in Beijing. This company had become the biggest PC manufacturer of domestic and distributed third party products through its wholesale business. Today，these two companies lenovo and IBM are united under the Lenovo name. With Lenovo’s landmark acquisition of IBM’s Personal
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Marketing Mix Product Consumers consider products as bundles of benefits that satisfy their need. The basic level of a product is the core benefit to the customer. People who buy Panadol for cold and flu are buying more than a pill that is used for fast effective temporary relief for symptoms of cold and flu. They are buying on-the-go health that provides close-to instant relief to the illness. The brand‚ Panadol‚ has long dominated the retail scene. This is because GSK‚ the manufacturer of Panadol
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an "A" paper. Extra credit was given to creative segmentation‚ such as targeting businesses and office workers‚ who might play the Wii on breaks‚ or doctors who would recommend Wii to their patients. • Company (keep this brief: focus on 2006 -- no Nintendo history required): A company analysis is not a history report. It should describe the company’s brand‚ resources‚ internal stakeholders‚ strengths and weaknesses. An ideal answer noted that Nintendo has a long reputation in gaming‚ but with
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Marketing Mix 1. Price IKEA’s strategy is based on cost leadership. Across markets where it currently has a presence‚ products are sold at low prices. Prices are 30 to 50% lower than competing products. Price variations are only a result of fluctuations in exchange rates. This penetration pricing enables IKEA to gain significant market share. Low prices are a result of large-quantity purchasing‚ low-cost logistics‚ store location in suburban areas and a DIY approach to marketing.
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is still true in poorer nations‚ among poorer groups and with commodity products. However‚ non-price factors have become more important in buyer-choice behavior in recent decades. Price is also one of the most flexible elements of the marketing mix. Do you agree ? Unlike product features and channel commitments‚ price can be changed very quickly. At the same time‚ pricing and price competition is the number-one problem facing many marketers. SETTING THE PRICE – Let us now attempt to understand
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Promotional mix It is helpful to define the five main elements of the promotional mix before considering their strengths and limitations. Advertising Advertising is any paid form of non-personal communication of ideas or products in the "prime media": i.e. television‚ newspapers‚ magazines‚ billboard posters‚ radio‚ cinema etc. Advertising is intended to persuade and to inform. The two basic aspects of advertising are the message (what you want your communication to say) and the medium (how you
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Introduction to Marketing Marketing Mix of Zenith Foods Table of Contents Introduction Zenith is operating in Pakistan for the last 15 years and is the largest kosher meat exporter in Pakistan. It aims at promoting fresh and hygienic meat to the public. Its modern abattoir has separate portions for large animals (Cattle & Buffalo) and small animals (Sheep & Goat). These plants are equipped with the state-of-the-art German machinery. In order to meet the strict standards
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extended marketing mix 3.1 explain how products are developed to sustain competitive advantage 3.2 explain how distribution is arranged to provide customerconvenience 3.3 explain how prices are set to reflect an organisation’sobjectives and market conditions 3.4 illustrate how promotional activity is integrated toachieve marketing objectives 3.5 analyse the additional elements of the extended marketing mix Products Place Price Promotion Service Marketing Mix LO4 Be able
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