function to judge its effectiveness about: - How well it fits into marketing and other parts of an organization; intelligence gathering is included within this function. - How well it knows how consumers and organizations behave when buying goods and services. - How well it knows and develops skills for two sales techniques such personal selling‚ key account management‚ relationship selling‚ direct marketing and Internet and IT applications in selling and sales management; negotiation could be
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Stretch and support E1 Integration of promotion into the marketing mix In order to meet the grading criteria for M1 learners need to explain how promotion is integrated with the rest of the marketing mix in a selected organisation to achieve its marketing aims and objectives. Learners will need to have a thorough understanding of the marketing mix and then be able to apply it to the marketing aims and objectives of their selected organisation. Learners could complete the following activity to help
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The marketing mix is often considered as the center of a marketing strategy. It is defined by Kotler and Armstrong (2010:84) as ‘the set of controllable‚ tactical marketing tools that the firm blends to produce the response it wants in the target market.’ These tools are; Product‚ Price‚ Place and Promotion‚ which are commonly known as the ‘4 Ps.’ A combination of these four components offers the ability to create a successful marketing mix that will produce the desired results. This essay will first
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department stores‚ each of Nordstrom’s departments are treated as separate buying centers. Each group operates independent from each other‚ being headed by a buyer who is responsible for the types and quality of merchandise sold‚ as well as any promotions that may be used. “The company has also benefited from a new computerized inventory system that gives buyers and salespeople the necessary data to make smarter decisions about what is needed in the stores – and what isn’t.” This makes it easier
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Unit | Learning outcome(s) | Assessment criteria | Questions | 501 | 1 | 1.2 | Explain how to support effective communication within own job role | AnswersWithin my job role as a Social Work Assistant for Older People it is important to have good communication skills to develop positive relationships and share information with people using services. I also need to be able to communicate well with client’s families‚ carers‚ colleagues and other professionals. I use several different forms of
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Marketing is more than selling and promotion The primary concern or objective of marketing is to identify and satisfy‚ or exceed the changing needs of customers. In view of this broad concern of marketing‚ it can be seen that the concept of marketing summarizes many activities in a business. Marketing‚ in fact‚ refers to any activity undertaken by a firm that has been designed to plan‚ price‚ promote and distribute ideas‚ goods and services to target markets. These marketing activities were executed
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In this set of materials‚ the reading passage states the criticisms of selling fossils to private owners and provides three reasons of support. While in the listening‚ the professor contradicts the textbook and says the advantages of selling the fossils to private owners outweight the disadvantages. Also‚ she refutes each of the author’s reasons. First of all‚ the reading passage contends that people will miss out viewing the fossils when they go to the private collectors. Consequently‚ the public
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budget on promotion and getting their brand "out there." In as much as the businesses might have good products and a wide product range‚ or sold at attractive prices. The company’s at hand would still have to generate sales and profits the benefits would have to be communicated to the consumers through promotion. The promotional mix consists of a blend of personal selling‚ sales promotion and advertising‚ public relation tools. Promotion Element Advantages Disadvantages Sales Promotion -good
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Part 1 (Lo1 –Lo2) To understand how principle of support are implemented in health and social care practice it starts from analysing equal opportunities ‚independence ‚ individuality respect ‚partnership and having a lot of respect for different cultures and value also providing care support and a lot of attention for individual for friends and family . Also understanding how the principle of support are implemented in health and social care involved a lot of confidentiality
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called the Four Ps: product‚ place‚ price‚ and promotion. These combinations of marketing elements are used in a selling a product. These functions are considered in planning a marketing strategy‚ and any one of these Ps enhanced‚ deducted‚ or changed in some degree in order to create the strategy‚ this are necessary to be efficiently and effectively to sell a product. The combination of the four controllable variables of Product‚ Price‚ Place‚ and Promotion those are essential to define and fulfill a
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