[pic] HND BUSINESS MANAGEMENT Module Study Guide: Unit 4: Marketing Principles Academic Year: 2012/13 [pic] [pic] School: IT & Business Faculty: Business and Financial Management Director of studies: Faisal Shahzad Malik Asst Director of studies: Chandika Bhatta Course Leader: George Reginald Anokye Lecturer: Muhammad A. Tabassum Date of approval:
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Development Stages | The new-product planning process involves a series of steps from idea generation to commercialization.Idea Generation Idea generation is a continuous‚ systematic search for new product opportunities. It involves delineating sources of new ideas and methods for generating them. Methods for generating ideas include brainstorming (small-group sessions which stimulate a wide range of ideas)‚ analysis of existing products‚ and surveys. Many marketing analysts suggest that an open perspective
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Chapter 1 an overview of marketing Two facets of marketing: 1. A philosophy‚ an attitude‚ a perspective‚ or a management orientation that stresses customer satisfaction. 2. Marketing is an organization function and a set of processes used to implement this philosophy. American Marketing Association Definition of Marketing Marketing is the activity‚ set of institutions‚ and processes for creating‚ communicating‚ delivering‚ and exchanging offerings that have value for customers‚ clients‚ partners
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6/7/13 Marketing & Advertising Strategy & Campaign Development - Gilleard Market Research Marketing & Advertising Strategy & Campaign Development We help clients launch and build brands through a comprehensive process to create an overall marketing strategy that will guide them toward success. We provide the data to create effective marketing campaigns and write marketing plans. The below steps can be included in strategy and campaign development. Preliminary Res earc h & Interviews Before
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Target-Market Strategies: Choosing the Number of Markets to Target Henry Ford proved that mass marketing can work—at least for a while. Mass marketing is also efficient because you don’t have to tailor any part of the offering for different groups of consumers‚ which is more work and costs more money. The problem is that buyers are not all alike. If a competitor comes along and offers these groups a product (or products) that better meet their needs‚ you will lose business. Multisegment Marketing Most
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various elements of the marketing process. 1 Marketing Process: 1 Situation analysis 1 Marketing strategies 1 1.2 Evaluate the benefits and costs of marketing orientation for a selected organization. 2 2.1 Show macro and micro environmental factors which influence marketing decisions. 4 Micro environmental components 4 Macro environmental components 5 2.2 Propose segmentation criteria to be used for products in different markets. 6 2.3 Choose a targeting strategy for a selected product
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Marketing Principles Introduction Leisure activities are important and meant to de-stress a person and carry attention away from work. The aims are to give person a sense of self and some recreational activity. And UK market of leisure centres and gyms became very competitive; this is indicated by three factors: people became more health conscious‚ number of gyms is constantly increasing and membership becomes more and more affordable. This case study seeks to explain what marketing strategies
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on Secondary Research Method. To: Senior Management of nestle Pakistan From: Brand manager of Dairy Division of Nestle Pakistan Date: I have been asked to prepare a complete marketing report for senior management to help them to understand the core of marketing mix‚ and to evaluate the benefits and costs of marketing orientation of Nestle Dairy Flavored Milk shakes. Task 1 Nestlé: Nestlé is a Swiss multinational food and beverage company headquartered in Vevey‚ Switzerland. On the basis
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Contents Details | No. of pages | Introduction | 2 | The Marketing Mix Strategies * Product * Price * Distribution * Promotion | 491215 | Market Opportunities | 18 | Recommendation | 19 | Conclusion | 21 | References | 22 | Introduction Nestle produces a wide range product including milk based products. Nestle is a popular company with subsidiaries across the world in 104 countries .It also is the world largest food and Beverage Company with 71 billion in annual sales.
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Unit five: Principles of supporting business events Assessment You should use this file to complete your Assessment. • The first thing you need to do is save a copy of this document‚ either onto your computer or a disk • Then work through your Assessment‚ remembering to save your work regularly • When you’ve finished‚ print out a copy to keep for reference • Then‚ go to www.vision2learn.com and send your completed Assessment to your tutor via your My Study area – make sure it is clearly
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