1) What is meant by (I) Market segmentation Market segmentation is a marketing strategy‚ which involves dividing a broad target market into subsets of consumers‚ businesses‚ or countries that have‚ or are perceived to have‚ common needs‚ interests‚ and priorities‚ and then designing and implementing strategies to target them (II) Product A products is any goods‚ service that are offered to the market to satisfy consumer’s needs 2) Describe all 4 types of consumer behavior with 2 examples for
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Unit 9: Exploring Creative Product Promotion Summary of Learning Outcomes On completion of this unit you should: 1. Know the constituents of the promotional mix 2. Understand the role of promotion within the marketing mix 3. Understand the role of advertising agencies and the media 4. Be able to promote a simple promotional campaign Recommended Resources Internet websites: www.asa.org.uk‚ www.cim.co.uk. Textbooks: Dransfield R‚ BTEC National in Business Student Book (Heinemann
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some loyal customers had been put off by this campaign. The company has been facing many controversial shock tactic advertisements‚ which lead the president of the company to realized that it is now the moment to come up with new marketing strategies. By investing in new marketing campaigns‚ the company can try to gain its brand name and it loyal customers that were lost from its unconventional advertising. Company Profile Benetton Group
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professional report Task 1 (P1) Describe the promotional mix used by two selected organisations for a selected product/service. Use a high street retailer of your choice and a business of your choice‚ which provides a service. • Using these two organisations‚ you must describe the promotional mix they use to communicate information about their products or services to their customers. • You should include a description of the promotional methods they use. • Include pictures and examples
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● ● ● ● ● ● ● ● ● ● ● ● Tourism in the Lake District Attracts hundreds of visitors daily meaning the main attractions can gain a vast income to improve. Cat Bells is an easy climb so a lot of tourists choose to climb this small mountain. This is causing footpath erosion because of the constant use of the same path. The constant use of certain areas cause landscape scarring 20% of Lake District homes are second homes or holiday homes to let Locals earn a lot from renting out their homes in summer to tourists
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A design of the promotional gift Good morning‚ ladies and gentlemen. I’m Jackie Lee‚ designer of a company. Thank you for giving me an opportunity to participate in this competition to introduce my promotional gift design. The goal of my presentation is to introduce my promotional gift design‚ silicone watch‚ which is for my company. Firstly‚ I will introduce my company background and the reason of why I have a qualification to participate of this competition. Next‚ I would like to talk about why
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Unit 9 – P1 The promotional mix for Cadbury Crème Egg Cadbury crème egg sponsored the London 2012 Olympic Games. They promoted their products with promotions such as an egg with yolk could give you the chance to win £1000. Cadburys crème eggs advertise their products on TV‚ in magazines and also on the radio. The target audience for Cadburys crème egg is teenagers from the ages of 13 – 19. Cadburys crème eggs use teenagers in their television advertisements to like it with their target
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[pic] More people are concerning the quality of life and they adding spa into their lifestyle preferences. The spa industry in Singapore is booming since 2003 ( Verikios‚ 2007). Competition can be either direct or indirect that will affect the overall potential for success of your business. Competitors within the spa industry include the following: Direct competition would be companies offering similar products and services. Direct competitors for Banyan Tree spa
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Tourism is travel for recreational‚ leisure‚ or business purposes. The World Tourism Organization defines tourists as people "traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure‚ business and other purposes".[1] Tourism has become a popular global leisure activity. After slowly recovering from the contraction resulting from the late-2000s recession‚ where tourism suffered a strong slowdown from the second half of 2008 through the
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The World Tourism Organization had its initial stages as the International assembly of Official Tourist Traffic relations set up in 1925 in The Hague. It was renamed the International Union of Official Travel Organizations (IUOTO) later than World War II and shifted to Geneva. IUOTO was a scientific‚ non-governmental organization‚ whose relationship at its climax included 109 National Tourist Organizations (NTOs) and 88 Associate Members‚ among them private and public groups. As tourism raised and
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