COURSE: MARKETING MANAGEMENT SUBMITTED TO: FARAH ALI NAWAZ SUBMITTED BY: MAZHAR JAFFRI 10667 MOHAMMAD FAHAD 10700 MOHAMMAD BASIT MAHENDER ADVANI 7454 DATE: 18-04-2010 ACKNOWLEDGEMENTS Through this I would like to thanks Almighty ALLAH‚ The most merciful‚ for providing us the skills and strength to fulfill a task‚ which could not have seen and achieved without His blessings. Now‚ we can move forward but with great thanks and appreciation to those who have supported and
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“Principles of Marketing Driven Marketing” * Choose a company which illustrate the Principles of “Market Driven Marketing” and how it succeeded by applying those rules or failed by not doing so. Date : 12th May 2011 Submitted To : Submitted By : Student ID : Content Page Introduction …………………………….. 3 Principles of Market Driven Marketing …………………………….. 4 Brand Equity ……………………………... 5 Target Market ……………………………
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POSITIONING STRATEGIES Positioning refers to creating a favourable image in the mind of the customers so that they perceive the product or a service to be better than that of its competitors. It is also occupying the mind‚ heart‚ body and wallet space of customers in the selected target market segment through differential advantage higher than rivals in an irreplaceable way by converting differential advantage into sustainable differential advantage. Positioning is not so much what a product
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Consumer Behavior: Market Segmentation Contents Introduction 1 Concepts of Market segmentation 1 Case of a jewelry company 3 Conclusion 7 Reference 8 Introduction Market segmentation‚ as a crucial step of marketing‚ is not what you do to a product‚ but something you know about your customers. A good knowledge of your customers can enable you to yield twice the result with half the effort. Every consumer is different. Some prefer stylish products‚ while some want cheap and durable
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utensils as a hobby until Mel recognized Herb’s talent. Mel immediately ordered 250 pens and pencils of various styles to be displayed in his shop’s showcase. Within three months‚ the writing utensils were a hit! Herb Marks had never thought of marketing his talent‚ but Mel’s enthusiasm and the recent sales were enough to change his mind. With limited resources‚ Herb contacted three additional specialty shops within 100 miles. He explained his manufacturing processes and engraving options to each
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a closer look at the advertisements and the positioning strategies that the four-ringed manufacturer is using. According to a commercial which has been added on You Tube August 2006 Audi combines the advantages of four well known automobile brands in its self. The commercial shows four empty key holding hooks on a wall which will be filled one after the other with the keys of Alfa Romeo‚ Mercedes‚ Volvo and BMW after asking the viewer the question “What car do you want?”. While hanging up these keys
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Asses the benefits of IKEA segmenting its Market..... Market Segmentation involves dividing the market into identifiable sections specific to the business’ needs. Market Segmentation will allow IKEA to differentiate their products and to market them more effectively. It may allow them to find a niche in the market which will allow them to gain a competitive edge and possibly gain more market share (in the long run). Market Segmentation will allow IKEA to identify new product opportunities
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FUEL 4 GLOBAL MARKETING SPENCER EDWINS TABLE OF CONTENTS 1.0 Introduction 1 1.1 Company Background 1 1.2 Market Analysis 2 1.3 Key Facts 3 2.0 Situational Analysis 3 2.1 Key Findings 3 2.2 Strategies 4 3.0 Targeting 4 3.1 Who Is Important? 5 3.2 Customer Choice Factors/Decision Making 5 3.3 Target Marketing Strategies 6 4.0 Positioning 6 4.1 Current Position 6 4.2 Positional Changes 6 5.0 Branding 7 5.1 Commodity Slide 7 5.2 Brand Pyramid Model 7 5.3 The Whole Brand Model 7
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Target markets Current vs. new targets Current targets Tata is targeting small scale transporters and entrepreneurs in India. Now farmers and those who want to carry small products are using it‚ it is very cheap compared to other transport method that is the main reason why it is very popular in India. Light and Intermediate commercial vehicles; this segment of vehicles are targeting to those who wants to transport medium load from one place to another like fruit transportation‚ building materials
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Positioning Strategy: By creating product‚ service‚ channel‚ people and image differentiation Nestle arrives the consumer touch point more easily‚ effectively & efficiently in comparing with other competitors in the highly competitive food processing market. Product Differentiation : Nestle brings a many of product for target customers. They make available 25 types of minerals in Nido for children. It also arranged Cereals’ and Lactogen 1 &3 for newly born baby exclusively. Now the doctors
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