SERVICE MARKETING (PM601) MINI PROJECT (MENTON BANK) NO NAME MATRIK NO 1 Nurul Asyiqin Binti Mohamad Ruhmilin 07DPR11F2014 2 Eswi Binti Emasain 07DPR11F2012 3 Jannah Jailen 07DPR11F2039 Lecturer : Mdm Siti Hajar Khazali Mini Project (Menton Bank) 1. Identify the steps taken by Menton Bank to develop a stronger customer orientation in its retail branches? Steps taken by Menton Bank to develop a stronger customer orientation in its retail branches: i. The Board
Premium Customer service Customer Sales
companies in India was estimated at Rs 301‚044 crores in 2005 with an annual growth rate of 25% .The India Direct Selling Association (IDSA) has projected that the network marketing industry will be around Rs 8000 crores by 2010. Studies have shown that consumers often have negative perception of direct selling organisations and network marketing organisations in particular. The aggressive selling techniques‚ exaggerations of facts in recruiting‚ pyramiding scams and unethical way of exploiting relationships
Premium Sales Amway Marketing
the second largest PC market after US‚ Dell’s decision of positioning in this market was very crucial. Direct selling of business-to-customer model through the Internet! Does this create competitive advantage in China like it did in USA and Europe? If not what should Dell do to expand Chinese operations? If so what should Dell do to remain this strategy?The key for success in direct selling model is able to establish strong and consistent relationships with suppliers and customers. At this point‚ Dell
Premium Marketing Consultative selling Sales
e. the sale of goods on deferred payment basis at an agreed selling price‚ which includes a profit margin agreed by both parties. Profit in this context is justified since it is derived from the buying and selling transaction as opposed to interests accruing from the principal lent out. What are the main characteristics of a BBA house financing? All the components to determine the selling price have to be fixed because the selling price has to be fixed at the time the contract is made. Hence
Premium Usury Debt Interest rate
Company Analysis Mediquip S.A.‚ a subsidiary of Technologie Universelle‚ is a manufacturer of CT scanners‚ X-Rays‚ ultrasonic‚ and nuclear diagnostic equipment. Their competitors consist of other European companies such as Sigma FNC‚ Eldora‚ Magna‚ and Piper. Even though Mediquip is a fairly new player in the medical equipment market compared to their competitors‚ they hold a global reputation for having advanced technology and proficient after sales service. Mediquip’s sales organization consisted
Premium Public sector Marketing Decision making
experienced staff is great‚ they all have different selling methods that need to be better worked into one cohesive style. This will allow our store to be recognized by consumers as a memorable brand. To achieve this one cohesive selling style I would start by sitting down with each staff member and asking them what their selling style is and what has worked best for them in the past. After hearing from everyone I would put together all the pros of each selling style and meld them into one structure that
Premium Best Buy Warranty Sales
Dreams Come True? Direct Selling is known by many names; Network Marketing; Multi-Level Marketing; Dual Marketing‚ etc.‚ but most people are still unfamiliar with this industry. A Direct Sales business allows you to connect with customers one-on-one‚ in groups‚ through online sales‚ catalog sales‚ and also by phone. People within the direct selling industry are often referred to as Independent Consultants‚ Distributors or Representatives (Mary Kay Inc.‚ 2012). Direct Selling has been around since the
Premium Ponzi scheme Pyramid scheme Direct marketing
in the cosmetics and toiletries industry with a sale of about 10 billion US dollars in 2007 (Exhibits 1‚ 2 & 3). It has been globally competitive by creating global brands and nurturing its powerful sales channel of Single-level Marketing (Direct Selling). Globally‚ Avon competes with large cosmetics majors like P&G‚ Revlon and Shiseido to sell its products. At the same time‚ it also competes with other major direct sellers like Amway‚ Mary Kay and Tupperware to attract its sales force. Avon has
Premium Sales Cosmetics Marketing
door-to-door salesmen peddled everything from health tonics to encyclopaedias‚ direct selling was as much a means of self-employment as it was for companies trying to reach outlying communities. However‚ the success of the direct-selling model has led to its adoption in virtually every country in the world and its growth into the global‚ multi-billion dlooar industry we see today. According to the Direct Selling Association (DAS)‚ direct sales account for over £2 billion a year in the UK and the
Premium Sales Marketing Edward Scissorhands
Global Industries Amway Company Amway is an American multinational direct-selling company that uses multi-level marketing to sell a variety of products‚ primarily in the health‚ beauty‚ and home care markets. Amway was founded in 1959 by Jay Van Andel and Richard DeVos. Headquartered in Ada‚ Michigan‚ United States. Amway Company operates in more than 80 countries throughout the world. It is an organization with 20‚000 employees and over 3 million Independent Business Owners building
Premium Amway