Executive Summary Submitted By: Usman Riaz Industry & Company Description Home Depot is a home improvement and construction company. It has its headquarters located in Georgia‚ Atlanta. Founded in 1978‚ Home Depot is the largest home improvement retailer in the United States with 2248 stores. This includes 1976 stores in US and the rest in Canada‚ Mexico‚ China‚ UK‚ Argentina and Chile. Home Depot serves three primary customer groups; do-it-yourself (D-I-Y)‚ do-it-for-me (D-I-F-M)
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1. Evaluate Home Depot’s business strategy. Do you think it is a viable strategy in the long run? There are three aspects of strategy can be analyzed‚ mainly industry analysis‚ competitive analysis and corporate analysis. Since Home Depot carries only one business‚ corporate strategy analysis is not relevant for this question. 2.1 Industry Analysis The Home Depot is the leader in the industry‚ but the market share is almost negligible (0.9%). However‚ it obtained 62% growth in 1985 which
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Topic 1: Introduction to Integrated Marketing Communications 1) What is the definition of marketing‚ and where does marketing communication fit within the operation of a marketing program? 2) Explain how marketing communications relates to the marketing concept and to the marketing mix. 3) What are customer contact points (points-of-touch)? 4) Discuss the way various aspects of product planning and strategy relate to advertising and promotion. 5) What is advertising
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Assignment on Integrated Marketing Communication (IMC) Course Tittle: Marketing Management Course Code: MBA-024 Submitted to‚ Monto Chandra Gope Lecturer Department of Business Administration Metropolitan University‚ Sylhet Submitted by JUWEL NONDEE ID No: 093-126-020 Batch: MBA 18th Batch. Metropolitan University‚ Sylhet Metropolitan University‚ Sylhet-3100 Introduction: Communication is always one of the most important and vital strategic areas of an organization’s success. You can have
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them. I decided to pursue Marketing and Management because with my degree‚ I knew I would have the opportunity to produce an impact in society and in the world. More specifically with Marketing‚ I will be able to transmit messages and stories that are valuable and helpful for people. I am applying to the Integrated Marketing Communications program at Florida State because it will give me the opportunity to pursue a path more geared towards Multicultural Marketing Communications‚ which is my deep passion
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New Hire Communication Assignment Communicating at Home Depot The company has a plan to install hire new staff to install curtain rods. This requires expert guidance on kitchen modeling; hence the company to hire a new staff in order to provide a helping hand. In addition‚ the co-founders‚ Arthur Blank and Bernie Marcus have to design a retail culture to tackle the Home Depot improvement and repair projects by hiring contractors. In addition‚ the
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Home depot Case Study analysis 1) In the case of Home Depot‚ I feel the two values that seem more concurrent are Universalism and Benevolence. Through the very tough economic conditions Frank Blake remained very loyal to his staff‚ he took care of them during the market downfall by lowering sales and profit target that hourly employees were to meet to receive bonuses. This inspired workers to want to meet goals that were much more realistic‚ and had great rewards. This also generated a higher
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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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not only in USA but worldwide. Starbucks has evolved into a great success due to their implementation of Integrated Marketing Communications. What is integrated marketing communication? For many‚ IMC is concerned with the harmonization of customer oriented promotional messages. Duncan and Everett (1993) suggest IMC has been referred variously as orchestration‚ whole egg and seamless communication. It is regarded by some as a means of combining the tools of the promotional mix in a more efficient and
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Integrated Marketing Communication Plan: Reposition Tsingtao beer in UK Executive summary Tsingtao beer is the largest beer brewery in Asia‚ and always insists a philosophy of producing best beer. It is one of the best-selling beers in China‚ and till now has been sold to more than 70 countries. Beer market of the world develops very fast and the competition is very intensive‚ and market competition level is more and more higher‚ brand is gradually substituting price competition
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