Mass or undifferentiated marketing refers to the market coverage strategy that enterprises determine to neglect the market segment differences and use one product to pursue the whole market (Tyagi & Kumar‚ 2004). The company only produces a product. The firm will rely on extensive distribution and advertising in order to broadcast its product and appeal a large majority of consumers’ attention. The biggest strength of undifferentiated marketing is to save cost(Sandhusen‚ 2008). Coca-Cola can make
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CODE: BM2004 MODULE TITLE: FUNDAMENTALS OF MARKETING LECTURER: Mrs. Yanty Roslinda Harun GROUP ASSIGNMENT NAME ID NUMBER Hema Madhavan 00013723 Urmilla thinagaran 00013410 Jeyadarshini 00013715 Vasanraj 00013846 Sivanesan Manoran 00002505 Saathiis Mohan 00001948 Content Introduction Pg 3 Company and product performance 1.1. Indicate the company objectives and corporates strategies. 1.2. The product and the needs does it satisfy Pg 4-6 Marketing environment 2. Assess the macro environment
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Marketing the iPhone Introduction to Marketing Table of Content Introduction ……………………………………………………………………………………….3 About the iPhone ...………………………………………………………………………………..3 Marketing Concept ...……………………………………………………………………………...4 Social Responsibility ..…………………………………………………….………………….......5 Target Market ……………………………………………………………………………………..6 Marketing Environment …...………………………………………………………………….......7 Competition …………………………………………………………………………………….....8 Market Segmentation ……………………………………………………………………………
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main pricing decisions for its range of iPhones. The first one is a skimming price decision and the second one is a penetration pricing decision. 1. Skimming price decision When Apple first launched the new iPhone 3GS‚ it made a skimming price decision which means it aims to sell to the top of the market and focuses on maximizing profits in short term so it could recover the research and development costs. 2. Penetration pricing decision As the iPhones have moved through their product life
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iPhone Marketing Strategy iphone marketing strategy Iphone marketing strategy – Just like just about all Apple company advertising‚ the actual apple iphone online marketing strategy is extremely obvious‚ easy as well as smart. Using the basically apple company image‚ Apple company targets the actual real revolutionary type of their own items without having all of the “fluff”. The actual apple iphone was launched through Apple company within 06‚ 2007. The actual ground-breaking type of the actual
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Cultures9 SWOT10 Strengths10 Weaknesses11 Opportunities11 Threats12 Marketing Strategy13 Objectives13 Target Markets13 Strategies15 Positioning17 Marketing Mix19 Product19 Quality19 Design20 Features20 Packaging21 Price21 Promotion24 Sales24 Advertising24 Distribution27 Channels27 Financials28 Controls29 Marketing Organization29 Implementation30 Contigency31 References32 Executive Summary The Apple iPhone was released on June 29‚ 2007 (Apple Inc.). Anticipation for the product
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Sales Promotion and Publicity Group Project Part 1 iPhone Backgrounder Segmentation Professional: used to stay in touch and record information while on the go. Using applicants such as email‚ instant messaging and Mac OS for notes and record keeping. Students: used for style and individuality. Perform numerous functions without carrying multiple gadgets. (iPod‚ phone‚ TV shows‚ Internet‚ PDA‚ phone) Corporate Users: Input and access data on the go. Competition The smart phone
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iPhone marketing plan Market Summary The iPhone targets consumers who need to store information and communicate or people who want entertainment on the go. Apples target segments consist of professionals‚ students‚ corporate users‚ entrepreneurs‚ and health care workers. Currently‚ the market for high-end phones like the Apple iPhone is small. Few people want Internet‚ video‚ and PDA features in one device because of the high price. The smart phone market is still relatively small compared
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Kindle‚ and IPod) and ten different laptops. When posed to think of a company that I wanted to do my marketing project plan on one company easily came to mind‚ and it was Apple. This would be an interesting company for me to do research on because I think their mobile computing line and mobile communication division are very interesting. The specific product line that I would like to focus on is the IPhone. It would be interesting to research and discuss how this phone is marketed and branded and how
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500 million iPhones. It’s an impressive number. in 2012 alone‚ Apple sold 120 million iPhones‚ in 2013 Apple sold 160 million iPhones. Without a doubt‚ the iPhone has become a ’cult product’‚ a ’must have’ device. Which are the secrets behind the iPhone astounding success? To understand the spectacular iPhone success‚ and the iPhone phenomenon‚ we need to start by analyzing the cellular telephone market in the years immediately before the launch of the first iPhone‚ And the
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