Case study 2-HyundaiCard’s Marketing Strategy Goal Company’s goal was to strengthen its financial services‚retail businesses and Internet fields S.W.O.T. ANALYSIS Strengths : ● Strategic alliance with GE Consumer finance (GECF)(gain cumulative expertise and Know-how‚ upgrade of creditability and financial stability) ● Unique‚ customized service via alphabet card marketing activities ● 12 finance shops ( all-in-one shop) ● Differentiated marketing based on consumer lifestyle
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ting strategy ITCMarketing Strategy Marketers need to understand the psyche of the rural consumers and then act accordingly. Rural marketing involves more intensive personal selling efforts compared to urban marketing. Firms should refrain from designing goods for the urban markets and subsequently pushing them in the rural areas. To effectively tap the rural market‚ a brand must associate it with the same things the rural folks do. This can be done by utilizing the various rural folk media to reach
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study entitled‚” Strategic Marketing and Its Effect on Business Performance: Moderating Effect of Country-specific Factors”conducted by Matti Jaakkola‚ Marketing efforts and know-how are instrumental in commercializing ideas and inventions successfully. Therefore‚ it could be fatal for companies to ignore the importance of marketing (cf. e.g. Yli-Kovero‚ 2006; Salminen‚ 2006). Kotler (1999) emphasizes the position of marketing to even argue that‚ in the future‚ marketing has the main responsibility
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Introduction to Integrated Marketing Communications An Integrated Marketing Communications program is based on the foundation provided by the communication model. IMC programs have been described in several ways; the consensus is to define them as follows: Integrated Marketing Communication (IMC) is the coordination and integration of all marketing communication tools‚ avenues‚ and sources within a company into a seamless program that maximizes the impact on consumers and other end users at a minimal
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Sears‚ roebuck & company | Communications Strategy | Legality of Reaffirmation Agreements | | Douglas Puckett | 6/20/2013 | You have retained me to generate various strategies for communications in regards to the issues pertaining to your company’s questionable reaffirmation practices. This memo contains various strategies directed at a diverse array of stakeholders. | Memorandum To: Mr. Arthur Martinez (Chairman and Chief Executive Officer) From: Douglas Puckett (External
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LENOVO COMPANY HISTORY Lenovo Group Limited is today the largest information technology enterprise in China and the third largest computer company in the world which is has an 8.6 per cent share of the PC market‚ after Hewlett-Packard at 15 per cent and Dell of the US at 16.8 per cent. During its first 20 years‚ Lenovo evolved from a small distributor of imported computers into China’s leading computer firm and in 2005‚ it purchased IBM’s division. Lenovo has been the market leader for seven consecutive
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Understand how the marketing plan supports strategic objectives 1.1 Explain how the strategy of the organisation impacts on the marketing plan 1.2 Identify the component parts of a marketing plan 1.3 Identify issues of risk within a marketing plan 2. Understand the construction of a marketing plan 2.1 Identify the levels of importance of each component of the plan 2.2 Identify mitigation strategies for high risk components of the plan 2.3 Produce a marketing plan 3. Understand how to
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ABSTRACT THE IMPORTANCE OF MARKETING COMMUNICATION AND FACTORS THAT INFLUENCES CONSUMERS BUYING BEHAVIORS. This project work is divided into various topics. In the course of carrying out this research‚ I will be looking at the important marketing communication factors within the marketing of products‚ the factors that influences the consumers buying behaviors within business in general Secondly‚ I will be looking into the views and ideas of some various scholars on consumers buying behavior
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Introduction Discussion of the concept Integrated Marketing Communications (IMC) is highly debatable with many varied views. This paper aims to discuss then main definitions‚ issues‚ dimensions benefits and barriers surrounding the concept/process. Definition of IMC The definition of integrated marketing communications continues to evolve and there is no shared agreement or meaning. Duncan and Everett (1993) claimed that it is hard to reach a definition of IMC because it is a process and concept
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MARKETING STRATEGIES Colgate delights consumers around the world with an array of Oral Care‚ Personal Care‚ Home Care and Pet Nutrition products. Behind the success of Colgate’s brands are carefully developed business and marketing strategies. Known for having a long history of strong relationships with its retail trade partners. Small stores around the world are just as important to Colgate as large ones. Based on consumer and shopper insights‚ the Company works closely with local
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