Shivani Gupta MBA (Ignou) Ques 1 Choose one of the category or the product group in the marketing industry. Choose some brands in that category and describe how each of them is positioned? Develop a perceptual positioning map as well. Ans. Positioning is the act of designing the company’s offering and image to occupy a distinctive place in the minds of the target market. A good brand positioning helps guide marketing strategy by clarifying the brand’s
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SEGMENTATION‚ TARGETING AND POSITIONING One of the most important issues that high-tech firms wrestle with is the choice of an initial target market with their promising new technologies. The rationale behind segmenting markets and selecting a target is to identify groups of customers who share similar needs and buyer behaviour characteristics and who are responsive to the firm’s offering. Leading authors like Kotler present the organization as a value creation and delivery sequence. In its first
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Marketing Guidelines for A1 (1b) Evaluate the benefits and costs of a marketing orientation for a selected organization Hints: ( What is the marketing orientation (product? production? sales? marketing? societal marketing?) that you will be selecting for Sunshine? ( What are the benefits and costs of such orientation you have selected? Link this orientation to the costs and benefits of building competitive advantage; benefits of building customer satisfaction; desired quality; service and
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market segmentation of CDM assumptions are made for some of the segmentation variables. Model Market Segments are developed for CDM which are not the exact market segments of CDM. While preparing the Perceptual map (Price & Quality) users reviews about the chocolates from Mouthshut.com and perceptual map of Indian chocolates from Tutor2u Limited are considered. In case of CDM’s Marketing Mix‚ some assumptions are made regarding marketing mix elements. Note : Wherever the assumptions are taken
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How do I: Develop a Brand? You’ve got a great product and now you want to make it a great brand. Most people when they hear the words brand or branding think logos – but branding is very much more than that. Building a brand involves blending the image‚ purpose and focus of your product or business with your core marketing/product message and coming up with something that will stick in the minds of people who encounter it. The brand is the essence of your product‚ packaged clearly and memorably
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Research Brief Contents: 1. Background 2. Project Rationale 3. Objectives 4. Outline of Possible Method 5. Reporting and Presentational Requirements 6. Timing 1. Background Systems Interiors began trading in 1986 as the office furniture supply division of the BDS group of companies. BDS Group Ltd is the parent company of the BDS group of companies‚ the first of which was formed in the early 1940’s. The Group’s business activities include construction‚ house building‚ shopfitting‚ window and
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1.0 Introduction 1.1 Origin of the Report This report is prepared with the respect to course of Consumer Behavior. We are assigned to prepare a term paper by our honorable course instructor Mr. Farhan Faruqui. Our task is to make a survey on Micromax mobile and complete a study that covers all important factors of consumer behavior. 1.2 Objective of Study * To apply our knowledge that we have gathered from Consumer behavior course into the report * To provide the overview of Micromax
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methods and reliability of data. The methodological approach and data collection techniques are important in research and form an important aspect of study. The case study approach is especially useful in analysis of business environments and perceptual mapping techniques are used for marketing research. Focus groups and surveys are used as other preferred methods of data collection‚ especially within business environments. Interpretive research can be considered as an important aspect of qualitative
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Financial objective Marketing objectives Long term objectives Description of the basic business philosophy Corporate culture 5. Market Segmentation Bases of Segmentation Types of Segments 6. Targeting 7. Positioning Perceptual Mapping Type of Positioning 8. Marketing Strategy - Product Product mix Product Life Cycle Management and new product development Brand name‚ brand image‚ and brand equity The augmented product Product portfolio analysis (B.C
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Assignment/Project Front Sheet CIM Membership Number: 14645314 Unit Title: Unit 1 – The Marketing Planning Process Level/Award: Professional Diploma in Marketing (OPDM16) Accredited Study Centre CIM Academy By submitting this assessment I confirm that I understand and abide by the CIM’s plagiarism and collusion regulation. I confirm that in forwarding this assessment for marking‚ I understand and have applied the CIM policies relating to word count‚ plagiarism
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