Center for Business Studies (CBS) University of Chittagong Assignment on: Marketing Mix analysis of Incepta Pharmaceuticals Ltd. [pic] Prepared for Professor Shawkatul Meher University of Chittagong Prepared by Group Member ID • Sk. Syed Ali 1201016 • Sk. Md. Mostafizur Rahman 1201039 • Sajjad Hossain 1201027 • Pralay Chakraborty
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Marketing Mix Paper The marketing mix is probably the most famous phrase in marketing. According to Wikipedia.com‚ the marketing mix approach to marketing is a model of crafting and implementing marketing strategies. It stresses the "mixing" or blending of various factors in such a way that both organizational and consumer (target markets) objectives are attained (Wikipedia). "The elements are the marketing ’tactics ’. Also known as the ’four Ps ’‚ the marketing mix elements are price‚ place
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dimension at which the observation is located‚ so these values must be specified for each observation. Prepared By: Anuj Arora – 12FN019 Himika Chaudhary Nitin Mudgal Prateek Kumar – 12DM101 Sachin Gupta – 12FN107 Samsung India Electronics Ltd is a subsidiary of Samsung Electronics Corporation headquartered in Seoul‚ Korea. The company was incorporated in the year 1995. The company is having their head office at Delhi and branch office at 16 locations all over the India. Their manufacturing
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analysis of the Samsung company because I spend a full year in South-Korea‚ from july 2011 until august 2012. Hence‚ Samsung is an extremely important conglomerate in this country‚ working there is for many considered as a « dream-job » and furthemore produce as much as 20% as the country total exports. Samsung is well known for their electronic product created by the electronic subsidiaries of the company‚ Sansung Electronics. Their flagship phone‚ currently being the Samsung Galaxy S3 sold over
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the strategy‚ this are necessary to be efficiently and effectively to sell a product. The combination of the four controllable variables of Product‚ Price‚ Place‚ and Promotion those are essential to define and fulfill a target market. One of the elements in the marketing mix is the product. A product can be a combination of goods and services offered to satisfy the needs and wants of consumers. These products are ether tangible or intangible that can be offered for purchase or use by consumers. A
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Why Samsung is better. The pervasiveness of technology‚ specifically mobile devices‚ such as smartphones and tablets is absolutely mind-boggling; Cisco predicted that there will be more mobile devices than people on Earth by the end of 2012 and more than ten billion by 2016 These astronomically high numbers reveal how much mobile technology is a part of peoples’ everyday lives. The seeming popularity of these mobile devices is causing technology companies to rapidly develop new innovative products
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Marketing Mix Concept – 4Ps August 5‚ 2014 | Martin | 17 Comments Marketing is simplistically defined as ‘putting the right product in the right place‚ at the right price‚ at the right time.’ Though this sounds like an easy enough proposition‚ a lot of hard work and research needs to go into setting this simple definition up. And if even one element is off the mark‚ a promising product or service can fail completely and end up costing the company substantially. The use of a marketing mix is an
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electronics market was valued at Cdn 2.3 billion. It was a fairly mature market‚ in which many multinational firms competed for market share. Sony was by far the leader in this region and had held onto that position for the last two decades. Canadian consumers were very technology-savvy and valued quality‚ customer service and favorable return policies over low prices. By 2000‚ Samsung had evolved into a credible player in the consumer electronics market and had attained market leadership
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Marketing Mix The marketing mix is essentially about meeting the needs of the customer. Companies must make determinations about what “works” and what does not “work”. In order to assess where the company stands with their product or service‚ a marketing mix that is focused on the customer will help in addressing the changes that should be made. Companies can address such things as the packaging of the product or service. Warranties can be
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marketing mix analysis. In terms of the marketing mix‚ as an important concept in the subject of business studies‚ it refers to “a balance between the four main elements of marketing [is] needed to carry out the marketing strategy. It consists of the ‘4ps’: product‚ price‚ promotion and place” (Marcousé and Surridge et al.‚ 2011:141). Firms can build an effective marketing strategy by using the marketing mix as a tool‚ and it is possible that business will fail if the marketing mix is not correct
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