You as the Marketing manager of the Chick Soap Company‚ answer the following questions: Q1) Who are your target audience? The main consumer is the working female from 25-45 is the target segment. Also‚ the working women from 35-45 according to market research socio-economic group A. In order to determine the target audience then we need to calculate the selling price‚ and since the price elasticity of the premium product sector was fairly low‚
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The Nature and Importance of Marketing Channels Few producers sell their goods directly to the final users. Instead‚ most use intermediaries to bring their products to market. They try to forge a marketing channel (or distribution channel)—a set of interdependent organizations that help make a product or service available for use or consumption by the consumer or business user. A company’s channel decisions directly affect every other marketing decision. Pricing depends on whether
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Rationalize Channel Margins to Optimize Distribution Costs By Makarand Joshi Asst. Professor - Orange City Institute of Higher Education‚ Nagpur Email: makarand1234@gmail.com; Mobile 9422805719 ABSTRACT: Distribution Channel Margins form an important component of the distribution cost which directly affects the bottom line of any company. While the companies are trying to reduce the distribution costs‚ to improve their own margin pressures‚ there seem to be little innovations in
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SWOT ANALYSIS OF DISTRIBUTION CHANNEL OF COCA-COLA STRENGTH- * Dedicated staff. * Sufficient manpower. * Good ware-house management. * Better co-ordination of employees. * Good field-work by PSR. * Excellent market approach. * Frequently order and supply makes better availability of products in market. * RED and MD works makes great execution of marketing of products. * Reach-out of products in all market through proper delivery system. WEAKNESSES- At ware-house
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price rate (Hoovers.com‚ 2011). Furthermore‚ marketing is extremely important for the Brewery industry especially with respect to distribution channels‚ which is why it takes a longer time to gain returns in the industry. Michael Porter addresses the need to assess industries possible entrants as it pertains to competition. In the brewery industry‚ new entrants face several challenges especially with respect to legal fees and the distribution channels. Thus‚ the brewery industry does meet this requirement
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packaging supplied by an independent supplier‚ and distribute it to the various retailers. Gatorade is priced slightly lower than its main competition‚ POWERade. PepsiCo keeps very close control over the pricing of its products‚ ensuring that every channel member makes a profit. Product promotion for Gatorade is focused in three areas‚ media advertising‚ event sponsorship‚ and contests. The main competitor for Gatorade is the Coca-Cola product‚ POWERade. Currently Gatorade seems to have the upper hand
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Management Development Institute of Singapore in Tashkent Faculty of Business Marketing Management of Marketing Channels Assignment Name: Gafurov Nodirbek Batch#: B0900377 Table of Contents Executive Summary 3 Introduction 4 The Role of Supply Chain Management 5 Flextronics Logistics Management 7 Reverse Logistics 9 Flextronics in Channel Management 10 References: 12 Executive Summary This assignment demonstrates the most key business areas of the given‚ Flextronics
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I am addressing the strategic importance of distribution channels in marketing by exploring how these channels help businesses meet their marketing and sales objectives. A marketing channel is defined as the means by which the physical flow of goods and services are distributed to consumers and users. A marketing channel is critical to large and small businesses because they use these distribution channels to meet their marketing and business objectives by providing and delivering products and/or
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Marketing Channel Management End-Semester Examination Time 2 Hours Maximum Marks – 50 Instructions: 1. Please answer the questions in the order that they have been asked 2. Please start each section on a new page. 3. Please write clearly and neatly. Marks will be penalized for bad writing. 4. Cross out any unwritten pages in the answer sheet. 5. Calculators are allowed to be used during the exam. Section A 5 X 2 Marks = 10 Marks This section consists of
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1. Introduction. Tesco a leading food retailing company founded in 1924 by Sir Jack Cohen who used gratuity from his Army service to start selling groceries in London’s East End markets. The food and drink retail sector rеprеsеnts the largest industry in the UK‚ providing еmploymеnt for over thrее million people in primary production‚ manufacturing and retailing. In 2003 retail accounted for 9% of gross domestic product (Data monitor‚ 2003). In recent years UK supermarkets
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