of Contents Contents Pg. No 1.0 Company Background 1.1 Description of the product 2 3 2.0 Buyer Decision Making Process 2.1 Characteristics of Buyer’s Behaviour 5 8 3.0 Marketing Mix 3.1 4P’s and 7P’s of Marketing 3.2 Marketing mix strategy 3.3 Marketing Mix for Apple’s product 9 9 11 12 4.0 Conclusion 14 5.0 References 15 1.0 Company Background Apple Inc.‚ previously Apple computer‚ Inc.‚ is
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Six stages of Communication by Michael Argyle Michael Argyle was a Social Psychologist he stated that interpersonal communication was a skill that had to be learned‚ just as you would learn to drive a car. He said that when you are driving a car‚ you have to change your method to match the conditions of what is happening on the road. Driving involves a constant cycle of watching what is happening in the road‚ working out how to respond‚ making the required responses and then repeating this cycle
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Marketing Mix What is the Marketing Mix? Professor E Jerome McCarthy first used the term Marketing Mix in the 1960’s. He suggested that it contained 4 elements‚ which are now commonly referred to as the 4 P’s‚ which are used to describe the position of a product in a marketplace. They are the variables that marketing managers can control in order to best satisfy a customer in a target market. The 4 P’s are: 1. Product The product is the physical product or service that it is offered to the
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Marketing Mix [Name] MKT/421 February 6‚ 2013 [Instructor] What is Marketing Mix? Marketing mix consist of four controllable variables which surrounds the target market of the product or service. Process of finding the target market and its marketing mix is called marketing strategy. “The marketing mix—or the four Ps—consists of tactical marketing tools‚ blended into an integrated marketing program that actually delivers the intended value proposition to target customers “(Kerin et al.‚ 2011
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Marketing Mix A Marketing Mix is the combination of product offering used to reach market for the organization. The marketing mix comprises the product (what the actual offering comprises)‚ Price (the value exchanged for the offering)‚ promotion (the means of communicating that offering to the target audience‚ promotional mix) and distribution (also known as place‚ the means of having the offering available to the target audience). The Marketing mix is also known as the four Ps and which are as
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Introduction to Integrated Marketing Communication s Team #1 Marketing Process of planning and executing the conception‚ pricing‚ promotion‚ and distribution of ideas‚ goods‚ and services to create exchanges that satisfy individual and organizational objectives. Marketing Focuses on Exchange The Marketing Mix Integrated Marketing Communications (IMC) Direct Marketing/Interactive Media Direct marketing is about making direct contact with existing and potential customers to promote
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P’s involved in marketing mix? Ans- Just like the marketing mix of a product the service marketing mix comprises of Product‚ Price‚ Place and Promotion. How ever as a service is not tangible the marketing mix for a service has three additional elements: People‚ Process and Physical Evidence. People- People are an essential ingredient in service provision; recruiting and training the right staff is required to create a competitive advantage. Customers make judgments about service provision and
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Project Report On Integrated Marketing Communications An In-Depth Study SUBMITTED BY SAGAR GALA TYBMS (SEM V)‚ 2008-2009 ROLL NO. 74 UNDER THE GUIDANCE OF DATE OF SUBMISSION: 31ST OCTOBER‚ 2008 Declaration I Mr. SAGAR GALA of NARSEE MONJEE COLLEGE OF COMMERENCE AND ECONOMICS of TYBMS (Semester V) hereby declare that
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Topic 1: Introduction to Integrated Marketing Communications 1) What is the definition of marketing‚ and where does marketing communication fit within the operation of a marketing program? 2) Explain how marketing communications relates to the marketing concept and to the marketing mix. 3) What are customer contact points (points-of-touch)? 4) Discuss the way various aspects of product planning and strategy relate to advertising and promotion. 5) What is advertising
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MANAGERIAL COMMUNICATION FIRST MODULE LECTURE NOTES Faculty name: SHINOS P.M SYLLABUS Principles of communication – Types of communication – Methods and media of communication – Process of communication – Barriers to communication – Strategies for improving communication effectiveness. REFERENCES: Business communication by M.K .Sehgal and Vandana Khetarpal Business communication by R.K.Madhukar Business and administrative communication by Kitty.O.Locker and Donna S Kienzler INTRODUCTION
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