NORTHWESTERN UNIVERSITY KELLOGG SCHOOL OF MANAGEMENT Marketing 451‚ Section 81 Marketing Channel Strategies Winter 2010 Professor Anne Coughlan Office: Leverone 482 Hours: by appointment Phone: (847)491-2719‚ fax: (847)491-2498 e-mail: a-coughlan@kellogg.northwestern.edu NATURE AND PURPOSE OF THE COURSE: This course will study the elements and management of marketing channels. For our purposes‚ any marketing channel is viewed as an interorganizational system involved with the task
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MARKETING STRATEGY Viagra is now virtually a household word. Perhaps not a word readily used in most households‚ whether or not it is present in the confines of the medicine cabinet or the sock drawer‚ but a word that is readily recognised and has developed a strong image very quickly. The little blue‚ diamond-shaped pill to cure impotence was always going to be what the pharmaceutical industry calls a ’blockbuster ’ drug. The phenomenon that is Viagra is an excellent example of what
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the Rising Use of the Internet Affects Marketing COMM 600 - UMUC Abstract This paper explores the importance of the internet in marketing and branding today. Internet marketing is an increasingly important part of nearly every marketing mix; companies need a comprehensive‚ effective‚ less expensive way to make their products or services known to consumers. This paper will show that the internet has tremendously changed
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Ice cream market based on age and social class Upper class | | | | Middle class | | | | Lower class | | | | | Teen age | Middle age | Old age | Description of major segment Middle class teen age segmentation: Extrovert‚ modern life style and level of economic development are fair. Middle class middle age segmentation: Economical‚ search for quality‚ health conscious. Lower class teen age segmentation: Prefer cheap price‚ do not think more about quality. Upper class teen
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relevant factors. According to kabadayi‚ Alan‚ and Ozhan‚ “We can see that while relatively young respondents picked small cars and sport cars‚ middle- aged respondents tended to pick full size cars or SVU and Minivans” (6). As a vehicle which has small size and unique image‚ Smart Car focuses on the young generation which prefers to be cool and different. The youth are considered as the group of people which have high interest on the new product and willing to adopt the advance technology. The
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5. Describe the situations that would lead to the use of the three different buying processes for a particular product – lightweight bumpers of a pickup truck. There are three different kinds of buying processes that would allow an organization purchase their raw material to produce their goods New-Task Buying (Text‚ Pg182): When a Customer’s organization has a new need and wants a great deal of information. It can involve setting customers’ specifications‚ evaluation of sources of supply and
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Segments Segments marketing: A market segment consists of a group of customers who share a similar set of needs and wants. Rather than creating the segments‚ the marketers task is to identity them and decide which one (s) to target. Niche Marketing: A niche is a more narrowly defined customer group seeking a distinctive mix of benefits. Marketers usually identity niches by dividing a segments into sub segments. Local Marketing: Target marketing is leading to marketing programs tailored to
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Group Mai Chí Thảo Nguyễn Thị Thùy Dương Nguyễn Thảo Minh Topic: Compare the two shops using Marketing Mix ( 4Ps) 1) Sketchers ( World Famous) 2) Bata Report First‚ we will talk about marketing mix The marketing mix is one of the most famous marketing terms. The marketing mix is the tactical or operational part of a marketing plan. In other word‚ marketing mix means putting the right product in the right place‚ at the right price‚ at the right time. The 4Ps are: Product: is related
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market. 2.0 Procedures The sources of this report include a number of books in marketing were consulted; information on e-marketing was taken from internet websites. 3.0 Reasons for enter international market There are three reasons for PK Electrics is considering entering international markets: The firm may benefit from the image of being an ‘international player’‚ because the urban population PK Electrics has seen demand for its products grow as people seek improvements to their homes and
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Every individual has his/her own characteristic personality traits which reflect in his/her buying behaviour.A fitness freak would always look for fitness equipments whereas a music lover would happily spend on musical instruments‚ CDs‚ concerts‚ musical shows etc. Freudian Theory and “Product Personality”: Consumer researchers using Freud’s personality theory see consumer purchases as a expression and expansion of the consumer’s own personality.(Kumer‚2009).Good examples of that will be snacks
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