. Pricing Strategies: 1. Penetration Pricing: This pricing strategy is followed by companies with the intention to maximize their market share. They believe that a higher sales volume will lead to lower unit costs & higher long-run profit. Example: China Mobile Phones in India.This is one of the fastest growing industries in India. China mobile phones are cheap and offer the same features as a expensive mobile from some other well known manufacturer few samples of Chinese mobiles are shown
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Report on Samsung Note 2 Samsung Note 2 is the successor of Samsung Note which was introduced in year 2011 October. Where Samsung Note costs around 23000 /- and the successor Note II costs around 34000/-. Target Market(TM): Samsung Note or Note 2 has a very specific target audience where the creativity overflows in their minds and can be captured instantly. With this kind of strategy Samsung was able to sustain their Note product line market in this competitive world. TM Characteristics: Samsung
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Samsung Electronics Company: Global Marketing Operations Company Background and Strategy The Samsung conglomerate’s roots dated back to 1938 when the company produced agricultural products. In the 1970s‚ the company focused on shipbuilding‚ chemicals‚ and textiles. Samsung Electronics Company (SEC)2 was founded in 1969‚ primarily as a low-cost manufacturer of black and white televisions. In the 1970s‚ Samsung acquired a semiconductor business‚ thereby setting the stage for future growth in
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Introduction of Company The word Samsung means "three stars" in Korean. Samsung is known globally for its electronic products and it is one of the successful brands in the electronic industry. It is an established company almost all around the world. While the Samsung Electronics is a South Korean multinational electronics and information technology company headquartered in Samsung Town‚ Seoul. It is the flag ship subsidiary of the Samsung Group. With assembly plants and sales networks in
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“The Impact of Promotional Activites on Consumers Buying Behaviour at Shopping Malls” Chapter 1 INTRODUCTION:- A ’’shopping mall’’’ or ’’’shopping centre’’’ is a building or set of buildings which contain retail units‚ with interconnecting walkways enabling visitors to easily walk from unit to unit. The population is moving towards the middle class or upper middle class this is resulting in the higher disposable income. A shopping center enclosed within a large structure;
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AMOUAGE‚ one of the leading luxury fragrance houses in the world that is deeply rooted in modern Arabian opulence‚ uses some types of promotional methods to promote for their perfumes. These types are: 1- Gift with purchase: The “gift with purchase” is a very common promotional technique. It is also known as a “premium promotion” in that the customer gets something in addition to the main purchase. This type of promotion is widely used for luxury perfumes. 2- Magazines ads : The company
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sightfully ap out a fir s usi ess odel and describe its strengths & weaknesses] Submitted by: Amanpreet Singh Monga Case Study on Samsung Electronics 430549193 Company Overview and History: Samsung Electronics Co. Ltd. is part of Samsung group which started way back in 1938 when it was a company that exported dried fish to China and now is a global conglomerate with Samsung Electronics Co. Ltd. (SEC) being one of its core businesses. SEC is mainly engaged in the production of consumer electronic products
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Consumer satisfaction towards Samsung Mobile 1. Name of the Respondent____________________________________________ 2. Your sex a. Male b. Female 3. Your age a. Less than 18 years b. 18 - 35 years c. 35 - 55 years d. 55 - 75 years e. more than 75 years\ 4. Who are you? a. Pupil b. Student c. Working people d. Bussiness man e. jobless f. pensioner 5. What do you know about Samsung mobile phones? a. I heard something b. I do not interested in it c. I know everything
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WARRANTY SERVICE POLICY & PROCEDURES SAMSUNG offers warranty service for all our different mix of products. Below is a description of the services offered for the various product groups: SAMSUNG products carry a full warranty for the period specified. Some SAMSUNG products carry different warranty periods due to the nature of the product’s design‚ manufacture or expected use‚ the warranty applies from the date of purchase by the first customer. General Terms & Conditions 1. The warranty
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accomplish mutual goals. One type of group defined in consumer behaviour is reference groups. Marketers use reference groups effectively to create desire‚ need or to promote a product or service. In my case‚ Samsung also used different types of reference groups to promote its product‚ Samsung Galaxy S3. While purchasing a product or service‚ consumers usually have contact with other people whether it’s direct or indirect‚ which in return affects their purchasing decisions. Depending on how attractive
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