Tomorrow‚ the presentation of the first Haute Couture collection created by designer Raf Simons for the House of Dior is sure to be the highlight of the week. Just as Christian Dior’s first collection was in his day. The date was February 12‚ 1947. In the salons of his house at 30‚ avenue Montaigne‚ Christian Dior presented his first collection of Haute Couture. Its impact was resounding and the enthusiasm of the international press‚ immediate. Let’s turn back the clock for a moment and dive into
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Marketing Mix The marketing mix for a product is a major factor in influencing whether a business can sell it profitably. The marketing mix is made up of seven interrelated decisions − the 7Ps. The four key ones are product‚ price‚ promotion (including advertising and packaging) and place (where and how a product will be sold to consumers). The other 3Ps largely relate to marketing services – people‚ process and physical evidence. Consumers require the right product. This might be an existing
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What is Translation ? Translation is the transmittal of written text from one language into another. Although the terms translation and interpretation are often used interchangeably‚ by strict definition‚ translation Refers to the written language‚ and interpretation to the spoken word. Translation is the action of interpretation of the meaning of a text‚ and subsequent production of an equivalent text‚ also called a translation‚ that communicates the same message in another language. The text to
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Marketing Mix What is the Marketing Mix? Professor E Jerome McCarthy first used the term Marketing Mix in the 1960’s. He suggested that it contained 4 elements‚ which are now commonly referred to as the 4 P’s‚ which are used to describe the position of a product in a marketplace. They are the variables that marketing managers can control in order to best satisfy a customer in a target market. The 4 P’s are: 1. Product The product is the physical product or service that it is offered to the
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INTRODUCTION According to palmer (2004; 576)‚ “the marketing mix refers to the choices available to a company or organization regarding the promotion or marketing of its product or services. Usually this process involves considerations regarding where the marketing will take place‚ the product or service‚ the customers‚ and the best way to carry out the promotion as a whole.” The marketing mix is not based on any theory‚ but on the need for marketing managers to breakdown their decision making into
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marketplace: beyond the 4Ps Ronald E. Goldsmith Professor of Marketing‚ College of Business‚ Florida State University‚ Tallahasee‚ Florida‚ USA Keywords At the heart of most presentations of marketing management lies the time-honored concept of the 4Ps ± product‚ price‚ promotion‚ and place ± the Marketing Mix ± that Abstract summarise key decision responsibilities of Theories of marketing management and strategy need to evolve marketing managers (e.g. McDonald and and change to keep pace with
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Marketing Submitted by: Razi Ahmed Rathore 00207197 Submitted to: Mr Coker Table of Contents Task 1…………………………………………………………………………....3 1.1 Introduction…………………………………………………………………..3 1.2 Marketing…………………………………………………………………….4 1.3 Concept of marketing…………………………………………………………4 1.4 What are customers needs and wants………………………………………
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Jean Cocteau on the Dior brand. In this presentation‚ we will try to decipher the planetary success of a fragrance that many women have adopted with fervor: J’adore Dior. This famous perfume is celebrating its 10th anniversary and its success has always seen a rise.The perfume ranks the first in the top-selling perfumes (or second‚ depending on the year)‚ and it has become a must have accessory along with the classic Chanel No. 5 and Angel by Thierry Mugler. The Christian Dior company was born in
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The 7P’s of marketing: Successful marketing depends upon addressing a number of key issues. These include: what a company is going to produce; how much it is going to charge; how it is going to deliver its products or services to the customer; and how it is going to tell its customers about its products and services. Traditionally‚ these considerations were known as the 4Ps — Product‚ Price‚ Place and Promotion. As marketing became a more sophisticated discipline‚ a fifth ‘P’ was added — People
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competitors (Tangs‚ Takashimaya‚ John Little‚ Keppel Club‚ Liang Court) Two attributes (Price & Quality)‚ (Service & Availability)...................................... 7 2. Integrated Marketing Communications Implementation................................................ 9 3. Recommendation of four new marketing mix developments. (Price‚ Place‚ Promotion‚ and Product).......................................................................... 11 A. References ..................
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