Marketing Audits and its importance to an organisation As of I am starting to write this essay‚ an historic and astonishing incident happened in US—Standard & Poors first time downgraded American Federal Bonds form AAA to AA+. Look at the messed up world economic picture--US is suffering from recession without any better signs‚ Europe is struggling with debt crisis‚ only growth engine China is also slowing
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I am addressing the strategic importance of distribution channels in marketing by exploring how these channels help businesses meet their marketing and sales objectives. A marketing channel is defined as the means by which the physical flow of goods and services are distributed to consumers and users. A marketing channel is critical to large and small businesses because they use these distribution channels to meet their marketing and business objectives by providing and delivering products and/or
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Marketing Strategy for Investment Bankers I. Overview This paper sets out to explain how the concepts underlying marketing strategy‚ which is may be seen as applicable only to industries that provide tangible goods‚ such as iPads or pharmaceutical drugs‚ are nevertheless relevant to a service-based industry like investment banking. First‚ I will define marketing strategy and briefly describe its various elements. Next‚ I will define investment banking and give a brief description of the various
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where the main strengths as weaknesses lie: Strengths: Weakness: Experience of over 100 years - difficulties to enter in new markets outside Diversified product portfolio from Europe Alliances with other car manufacturers - same marketing strategy used for different Presence in 40 different countries markets (Fiat S.p.A. no date) - entry barriers like taxes and competitors Relationships with customers in approx. making it difficult to enter in new markets 150 countries
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The United States of America has always been referred to as “the land of the free”. Although we are not completely “free”‚ as a democracy‚ the United States stresses the importance of equality among its citizens. The U.S. constitution guarantees each and every American basic civil rights which in turn gives our country structure‚ function‚ and some power to the people. Every unique person will have rights they feel are more important to them than others depending on our views‚ attitudes‚ and ethics
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consisted of many small states that lacked a sense of unity. The sentiment stirred up in the wake of the French Revolution; the idea of a sovereign people with natural rights and equality appeared attractive to many of these nations. Around this time Europe saw the emergence of Nation States encompassing a people who had a shared history‚ culture‚ language‚ religion and beliefs. How important this sense of national belonging was is something we shall explore by looking at events in such places as Germany
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The Nature and Importance of Marketing Channels Few producers sell their goods directly to the final users. Instead‚ most use intermediaries to bring their products to market. They try to forge a marketing channel (or distribution channel)—a set of interdependent organizations that help make a product or service available for use or consumption by the consumer or business user. A company’s channel decisions directly affect every other marketing decision. Pricing depends on whether
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A Marketing Information System (MIS) consists of people‚ equipment and procedures to gather‚ sort‚ analyze‚ evaluate and distribute needed‚ timely and accurate information to marketing decision makers. MIS begins and ends with information users (marketing managers)‚ internal and external partners‚ and others who need marketing information. Firstly‚ it interacts with the marketing managers or rather information users to assess information needs. During the second step it develops needed information
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Managing and coordinating the entire communications process calls for integrated marketing communications (IMC). But what is IMC and why is it important? By definition‚ integrated marketing communications is a concept of marketing communications planning that recognizes the added value of a comprehensive plan. Such plan evaluates the strategic roles of a variety of communications disciplines and combines these disciplines to provide clarity‚ consistency‚ and maximum impact through the seamless
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• Number of “pucca” houses doubled from 22% to 41% and “kuccha” houses halved (41%to 23%) • Percentage of BPL families declined from 46% to 27% • Rural Literacy level improved from 36% to 59% • Low penetration rates in rural so there are many marketing opportunities. Durables Urban Rural Total (% of rural HH) CTV 30.4 4.8 12.1 Refrigerator 33.5 3.5 12.0 FMCGs Urban Rural Total (% of rural HH) Shampoo 66.3 35.2 44
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