MARKETING MIX A.I.U. ABSTRACT You will read why you should purchase the product Xtra laundry detergent over Gain laundry detergent. By learning about the 4P’s in the marketing. I chose to do my marketing report on Xtra laundry detergent. It is interesting to me because maybe people don’t really pay attention to how much money they
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“Developing and Managing a Tourism Enterprise” Marta Fernandez Student Number: 2139226 uwqfh Unit Number/Code: D20131 [pic] [pic] Table of Contents Page 1. Introduction 3 1.1 New Tourism Enterprise Descripion and Plan 2. Survey
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Hospitality Service Marketing This is a basic course in service marketing and vital for any hospitality industry programme. Synopsis: The subject discusses on service marketing‚ market planning‚ market segmentation‚ service marketing and relationship marketing‚ developing in effective service mission‚ positioning and differentiation of services‚ marketing plans‚ customer – focused service and market research. Objectives: At the end of the course‚ the student will be able to: 1. Understand
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[pic] Definition of Retail Marketing Retail is the activity of selling goods direct to the public‚ usually in small quantities. Retail is the sale of goods and services from individuals or businesses to the end-user. Retailers are part of an integrated system called the supply chain. A retailer purchases goods or products in large quantities from manufacturers directly or through a wholesale‚ and then sells smaller quantities to the consumer for a profit. Retailing can be done in either fixed locations
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Specific Features of Financial Services Marketing It has been suggested that there are two characteristics‚ which are specific for financial services marketing. The first one would be fiduciary responsibility and the second one is the two-way information flows. 1.1Fiduciary Responsibility Fiduciary responsibility is one of the most important features within the financial sector. It has been described through Arthur Meidan as "the responsibility of any financial services organisation to guard the interests
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My Marketing Mix I am now going to create a marketing mix for my chosen product using the 4 P’s‚ Product‚ Place‚ Price and Promotion. Product The product I will be re-launching is the Cadburys Double Decker bar with less calories than a traditional bar. This new re-launch of a chocolate bar will be a limited edition chocolate bar. The idea being limited edition is to make a substantial profit in a short period of time. Although the product will say limited edition I aim to keep these
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Marketing mix: a. Product Tesla is a new company. It only has three vehicle models. Based on information that Tesla has a few competitors and it starts make a profit in the first quarter of 2014. We assume that Tesla’s Model X electric vehicles are still in the introductory stage. People who buy its products are innovators and early adopters. The target market is the consumer who wants to take a risk in order to experience new design and technology to experience. Model X has not been released yet
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FEATURES OF SERVICES In terms of economics‚ service is a transaction where no physical goods are transferred from the seller to the buyer. The benefits of services are held to be demonstrated by the buyer’s willingness to make the exchange. In terms of management‚ Service is a customer-focused approach in delivering information technology. Service Management focuses on providing value to the customer and also on the customer relationship. Some of the basic features of Services are: 1. Intangibility:
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References: Doganis‚ R. (2006). Outlook‚ The Airline business ed. 2‚ Routledge‚ Abingdon. Hambrick‚ D. C.‚ (2007). What is strategic management really? Hamel‚ G Heracleous‚ L. (2006). Flying high in competitive industry: Cost effective service at SIA. Mc Graw hill. Hitt‚ M.‚ Hoskisson‚ R.‚ Ireland‚ R. (2007) Management of Strategy: Concepts and Cases.7th ed.‚ Thomson South-Western‚ USA Jeffrey‚ R.‚ (2004) Porter‚ M.E.(1985). Competitive Advantage. New York: Free Press‚ 6-22. Reddy‚ A
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Target Marketing It is not possible for a marketer to have similar strategies(استراتژی) for product promotion(ترقی) amongst all individuals. Kids do not get attracted towards products meant for adults and vice a versa(معاون بالعکس). Every segment has a different need‚ interest and perception(احساس). No two segments can have the same ideologies(ايدئولوژي) or require a similar product. Target Marketing refers to a concept in marketing which helps the marketers to divide the market into small units
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