Chapter 9 Product policy and adaption in international markets Product variables Standardisation verses adaption * Marketers must consider environmental and sustainability issues when deciding on whether adaption is needed. * Below standardisation vs adaption Factors encouraging standardisation | Factors encouraging adaption | Economies of scale in production | Differing use conditions | Economies in r&d | Government influence | Economies in marketing | Differing consumer
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Marketing Management By Rishath.R 1-Anti Wrinkle * Segmentation. * Cosmetics and Skin Care * Anti Ageing Cream * Geographically * People with Wrinkles * Travellers. * Demographically * Age- 35 and above * Gender-F * Income level-25k-30k * Psycho graphically * Life Style Product‚ Value‚ Benefit. * Behavioural * Price -800/- 10g * Brand- AntiAgent * Benefit-Softer Skin. * Target * Working Professionals
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Vodafone segmentation A Global segmentation has been developed and applied across all markets in the last 5 years. It covers consumer and business user segments‚ and in addition they have a chooser segmentation. The key challenge when doing the global segmentation was using variables which they are confident are applicable across all markets. Hence segmentation is predominantly age/lifestage‚ with some variables linked to attitudes to technology. A couple of segments that have been quoted
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Product Team Cialis: Getting Ready to Market MKT Q1. In 2002‚ Viagra was the only clinically proven‚ FDA approved medication for Erectile Dysfunction (ED) on the market (Cialis – Dec 2003‚ Levitra – Sept 2003). Viagra had the highest brand recognition of any pharmaceutical product on the market. It had generated over one billion dollars in annual sales for 3 consecutive years since its introduction in 1998. In 2002‚ Viagra accounted for 5.3% ($1.73 billion) in sales of Pfizer’s annual
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Here at American Interests United‚ we believe in great food products. AIU ’s marketing department has brought to our attention an opportunity to expand our market place internationally. The target country we will discuss is Puerto Rico. Puerto Rico is a commonwealth of the Unites States. All island residents are US citizens. The legal system is based on Spanish Civil Code and it ’s within the US Federal system of justice. The economy is encouraged by duty-free access to the US and by tax
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Namibia Regional Economics: FIN-111 Assignment 1 Question 1 a) Opportunity and sunk cost Opportunity cost is the value of the next best alternative that must be sacrificed when you make a choice and it applies everywhere. For Example: If a person chooses to use vacation time to travel rather than to do renovations on the house. Thus‚ the opportunity cost of the tour could be said to be the forgone home renovations. Sunk costs are costs that were incurred in the past and
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on the menu in many countries‚ the major market for Eel is limited to Japan and a small number of European countries including Italy‚ Germany and The Netherlands were they are considered a delicacy. The market value of eels depends on the species and varies between different countries. Currently prices range from 3-15 US$/kg which rank the eel among the most precious species of food fish.( Herwaarden 2003). In the Philippines‚ freshwater eels have different populations
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1. Demographics and Psychographics for the Bajaj-Renault-Nissan low cost car To map the consumer profile and exact segmentation‚ Demographic and Psychographic characteristics have to be considered: (for the Bajaj-Renault-Nissan low cost car) Demographic characteristics are as follows: Gender: The car is for the family‚ so gender is immaterial here. But generally‚ the male person of the house
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benefited by adding Aloe-Vera based products line in there business. The research shows the process & others related things to establish a new product line. Analysis of the data needs to emphasize in the following areas: Market situation: Market research shows us‚ now day’s herbal products got values in the market Instead of using other products. & there are many strong competitors in the herbal product market. Total market size of aloe-vera related products is 1.5 Core (Approx) monthly. Consumer:
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You may choose an idea based on past work experience or current employment or otherwise‚ you may choose an innovative idea for which you see an opportunity and a suitable business model. In either case‚ you will research all the related areas of market needs‚ the feasibility of the project‚ the sources of finance and the business model. 2. YOUR TASK Most new businesses flounder due to a shortage of money. Whether it is for capital investment or cash flow purposes it remains the number one
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