CONCEPTUAL/THEORETICAL PAPER Strategic marketing and marketing strategy: domain‚ definition‚ fundamental issues and foundational premises Rajan Varadarajan Received: 20 April 2009 / Accepted: 24 September 2009 / Published online: 28 October 2009 # Academy of Marketing Science 2009 Abstract This paper proposes a domain statement for strategic marketing as a field of study and delineates certain issues fundamental to the field. It also proposes a definition for marketing strategy‚ the focal organizational
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Marketing Communications and Branding Mobile phone design Introduction After careful market research of some of the different phone markets in today’s industry; the market that was the most interest to the writer was the disability phone market. Of all the mobile phones researched‚ none were found to have Braille included; only speaking activated commands - designed to send text messages as well as calling. The idea the writer proposes is a phone for the visually impaired which has a sole purpose
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The main objective of the paper is to critically analyse the operational activities in travel and for that reason the chosen company is Tui Travel. The paper will explain the operational activities of Tui Travel. Tui Travel is basically a British travelling group that was started in 2007. Tui Travel has now merged with TUI AG in order to become TUI group. This group is a company of opportunities for the customers‚ employees‚ and shareholders. Since the company is under one roof‚ all the companies
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Edexcel Strategic Marketing Management Assessor: Submitted By: Student ID: Table of Contents Introduction 2 1.1) Importance of Strategic Marketing 2 1.2) Marketing Planning Process 3 1.3) Links between strategic marketing and the corporate strategy 5 2.1) Values of the models in the strategic marketing 6 2.2) Positioning and marketing Tactics 7 2.3) Relationship marketing 7 3.1 ) Exploiting the Growth factors 8 3.2) Response to a change 9 3.3) Strategic
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Identifying Woolworths‟ competitors 2. Analyse strategic groups 2.1 Characteristics for identifying strategic groups 3. Analysis of key competitors 3.1 Competitors‟ objectives and strategic thrusts 3.2 Competitors‟ strategies 3.3 Competitors‟ strengths and weaknesses 4. Forecasting likely response strategies 5. Conclusion References 2 2 3 3 3 3 4 4 4 4 5 5 5 2 1. Introduction It is common knowledge in business practices that a successful marketing strategy from an organisation‟s point of view
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Chapter 1 Scope of strategic marketing Marketing is a philosophy that leads to the process by which organizations‚ groups and individuals obtain what they need and want by identifying value‚ providing it‚ communicating it and delivering it to others. The core concepts of marketing are customers’ needs‚ wants and values; products‚ exchange‚ communications and relationships. Marketing is strategically concerned with the direction and scope of the long-term activities performed by the organization
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Strategic Planning in Marketing Preface The purpose of the strategic planning is to find ways in which the company can best use its strengths to take advantage of the opportunities in the environment. For long run survival and growth‚ companywide strategic planning is done which involves defining a company’s mission‚ setting companies goals and objectives‚ designing the business portfolio‚ planning other functional strategies. Marketing Strategies and programs operate within the broader strategic
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Strategic Marketing DEEPWATER HORIZON INCIDENT WORD COUNT: 6000 Executive Summary On April 20th 2010 bp had a major oil spill off the Gulf of Mexico coined the “Deepwater Horizon Incident” in which eleven (11) person’s loss their lives. This incident negatively affected the company’s brand and bp brand equity plummeted by $7.4bn‚ representing a 61% fall (Brand Finance 2010). BPTT which is a subsidiary of bp Global had to treat with the negative impact of this crisis
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WHAT‚ WHERE‚ WHEN and TO WHOM you plan on communicating and elviery the your brand messages. - Where you advertise - Distribution channgels. - What you communicate visually an verbally. What leads to a strong brand quity? Consistent‚ strategic branding Brand equity: the added value the products or services on your company has that allows you to CHARGE MORE FOR YOUR BRAND than what identicial‚ umbranded products command. The added value intrinsic to brand equity comes in the form of PERCEIVED
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CASE 11 – SUMMARY The Crestwood Inn is owned by a group of independent investors‚ and is one of the oldest properties in the area. It has a total of 116 rooms with basic amenities‚ and does not have a restaurant or pool. There have been periodic renovations at the Inn over the years‚ and the cost of the rooms is at an average of $100‚ which is on the low end of the market price‚ and an occupancy rate of 70% because of its location‚ at a convenient distance to the local horse racing venues. Unlike
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