Retail mix literature review Retail mix elements are customer service‚ store ambience‚ communication mix‚ location‚ merchandize assortment and pricing. Customer service According to National skill Development Corporation‚ there is a skill gap in human resource in India for following retail management operations. They are Store operations‚ merchandizing‚ purchase‚ logistics and marketing. My area of study is interaction with customer. [Source: National Skill Development corporation in organized retail
Premium Sales Retailing Commerce
Smart Products and Services A smart products is an electronic device‚ generally connected to other devices or networks via different protocols such as Bluetooth‚ NFC‚ WiFi‚ 3G‚ etc.‚ that can operate to some extent interactively and autonomously. It is widely believed that these types of devices will outnumber any other forms of smart computing and communication in a very short time‚ in part‚ acting as a useful enabler for the internet things. Uses of Smart Services Minimize maintenance and repair
Premium Maintenance Customer relationship management Customer service
Marketing Mix of China’s Haier in the US Introduction With the process of globalization‚ many transnational companies have been searching for their target market in other countries all over the world. Through the introduction of successful experiences of china’s Haier in the US market‚ the article tries to reveal some key elements in marketing strategy. Moreover‚ the article concentrates on analyzing specific aspects of marketing mix‚ including product‚ pricing‚ communication‚ and distribution
Premium Marketing
Getting the Marketing Mix Right INTRODUCTION Source: Harvard Business School “Working Knowledge” Published on: October 20‚ 2011 Author: Dina Gerdeman Article Review: Marketer’s job is to plan marketing activities and pull together fully integrated marketing programs to create‚ communicate and deliver value for consumers. McCarthy classified these activities as marketing mix tools‚ which he called the four Ps of marketing: product‚ price‚ place and promotion
Premium Marketing
Marketing Mix Shandalia Whitener American Intercontinental University Abstract This paper discusses the marketing mix. The writer explains the four p’s that make up the marketing mix in order to market a product or service. The writer also applies the marketing mix to a new model smartphone provided by Samsung. The marketing mix reveals what is most important in marketing the product in order for the marketer to make successful decisions for marketing the product. Once the marketing mix is applied
Premium Marketing
in 1953‚ coined the term “marketing mix”. The marketing mix refers to Jerome McCarthy’s “4 P” method used to create an effective marketing strategy. The 4 p’s of the marketing mix are product‚ place‚ price‚ and promotion. (Investopedia‚ 2013) “Neil Borden” Product refers to the creation or design of a good or service. It is here that the process begins in the life of a product. In this part of the marketing mix the design is made‚ the name is created
Premium Marketing
strategy must encompass the promotion mix. Few forms of communications succeed on their own. The promotional mix is influenced by whether a company chooses a push‚ pull or profile strategy or a combination. PULL STRATEGY Using a pull strategy‚ the producer directs its marketing activities (primarily advertising and consumer promotion) towards final consumers to induce them to buy the product. If the pull strategy is effective‚ consumers will then demand the product from channel members‚ who will in
Premium Marketing
Coca-Cola Marketing Mix: Product‚ Place‚ Price‚ Promotion Product: In order for an organization to be successful it needs to have a well-defined marketing mix. The marketing mix consists of the four P’s; product‚ place‚ price‚ promotion (Hair‚ Lamb‚ & McDaniel‚ 2006‚ p. 48). Product is defined as “everything‚ both favorable and unfavorable‚ that a person receives in exchange” (Hair‚ Lamb‚ & McDaniel‚ 2006‚ p. 48). The Coca-Cola Company’s products consist of beverage concentrates and
Premium Coca-Cola Marketing Diet Coke
Marketing analysis of IBM 1.0 Thesis statement “Evaluate the marketing strategy of a blue-chip company you are familiar with. Your evaluation should critically discuss the concept of the marketing mix as applied to your chosen organisation and at least one other academic marketing theory.” 2.0 Limitations IBM is a very large organization so the planning process of a marketing strategy that is coherent with the corporate strategy is made complicated
Premium Marketing
Marketing Mix Paper Mark Moeller University of Phoenix MTK421 Marketing Laurence Hanson September 26‚ 2008 Marketing Mix Paper In today’s global market organizations need to understand how marketing mix works to ensure a productive and profitable future. Marketing specialist has several decisions to make to ensure product goals is made and marketing mix works as a way to organize the decisions in to four smaller‚ manageable section call the four P’s
Premium Marketing Marketing mix Price