all the company channels. 2. Independent Beauty Consultant will have the Ownership of all the products that they are using in there business by buying them as a whole sale from the distributor so‚ that all the products are available for her customers when needed. 3. Independent Beauty Consultant has to stay in contact with her customers by offering them from time to time Promotions and good offers to attract their customers to visit her shop and use her services and products. 4. Independent
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DEBATE—Is Service Marketing Different From Product Marketing? MARKETING DEBATE—Is Service Marketing Different From Product Marketing? Marketing is the process of communicating the value of a product or service to customers. In addition‚ marketing might sometimes be interpreted as the ability of selling products and services. As the term "Marketing" may replace "Advertising" it is the overall strategy and function of promoting a product or service to the customer. Many services marketers strongly
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remaining 3p’s are the variable cost for the organization. It costs to produce and design a product; it costs to distribute a product and costs to promote it. Price must support these elements of the mix. Pricing is difficult and must reflect supply and demand relationship (Constantinides‚ 2006). Pricing a product too high or too low could mean a loss of sales for the organization. Pricing should take into account the following factors: • Fixed and variable costs • Competition • Company objectives
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involve their marketing channels in the design of the promotional programs? What are the advantages and disadvantages of doing so? When a company is looking at promoting a new or existing product or service‚ the involvement of their marketing channel during the design of the promotional program is key component. According to the text Excellence in Business (Bovée‚ Thill‚ Mescon; p. 417-418)‚ a market channel is the network of firms that work together to get goods and services from the producer to
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logistics when dealing with downstream channel members. Therefore increasing their rewards for doing business with the supplier and becoming difficult to imitate. In turn‚ channel members make markets and are the faces of their producer to those markets. Question 4: "We should not deal with powerful suppliers. They are sure to abuse us‚ after they use us". Debate this statement‚ often heard in the meeting rooms of distributors and sales agents. As the usual channel conflict is a zero sum game where
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Professor Paul Herbig Lecture #8: Channel Conflict Distribution channel members—the manufacturer‚ the wholesaler (or industrial distributor)‚ the retailer‚ and the customer are interdependent and their relationships are a key to the successful operation of the channel. Conflict is virtually inevitable throughout the marketing channel. Most researchers agree that this condition is due primarily to the functional interdependence between channel members . Between the channel members‚ a dynamic field of
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Marketing 104 Product and Distribution Management Designing Channel Systems Elyssa Lucagan Julienne Anne Imperial Channel Design Factors • Product Mix and Nature of Product • Marketing Mix Elements • Width and Depth of market/outlet coverage planned • Long term commitments to channel partners • Level of customer service planned • Cost affordable on the channel system • Channel control requirements of the company CHANNEL DESIGN AND PLANNING PROCESS • Define customer needs • Clarifying channel objectives
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of the placement‚ its location and primary purpose as well as the names and titles of the main people involved. What activities or events did you observe? Give a description of these. NB: Do not allocate too many words to this section – it is an introduction only. 2. Describe the primary aims and objectives of the church/ Christian organisation which you are observing What does the church/ organisation define as its key aims and objectives? How are these expressed in practical terms? (e.g
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An Introduction …………………………………………………………………………….. 2 2. The reason of why distribution is such a key element of IKEA’s value chain.. 2 3.1 Distribution System of IKEA ………………………………………………………………………… 2 3.2 Porter’s and IKEA modified value chain ……………………………………………………….. 2 3.3 Importance of distribution for IKEA value chain …………………………………………… 2 3. SMA techniques in IKEA for managing its distribution network ………………….. 3 4.4 Target costing ………………………………………………………………………………………………
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Shipping and Delivery: As you know‚ with every shopping site‚ there will be a tag known as shipping and delivery. It is to clearly mention about shipping responsibility of a site. Shipping is a main category under which there will be several attributes which ensures shopping by consumers. Wonder mega mart is a shopping place established in the year 2015. It is an e commerce company has agreement with multiple brands. We sell products like cosmetics‚ kitchen wares‚ furniture‚ jewel‚ apparels‚ electronics
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