Programs BUS2304 Principles of Marketing August Semester 2012 BUS2304 PRINCIPLES OF MARKETING Page 1 TUTORIAL 1: INTRODUCTION TO MARKETING CLASS ACTIVITIES: Module Information Booklet will be discussed and explained in detail Form Groups Tutorial exercises – Introducing the basics concepts of marketing LEARNING OUTCOMES Understand key marketing concepts and marketing management philosophies used in marketing planning Understand the importance of marketing in business practices
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(1)What is marketing? According to Philip Kotler‚ “Marketing is human activity directed at satisfying needs and wants through exchange process”. There are many definitions of marketing but one of the simplest explanations is that: “Marketing is getting the right product or service in the right quantity‚ to the right place‚ at the right time and making profit in the process”. Marketing deals with identifying and understanding your customer and giving them what they want. It’s not just about advertising
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Credit card companies should not be on campus marketing to college students Credit card Company’s aim for the weak‚ the representatives that work for the credit card companies’ are trained to gain financially in any way possible‚ and by focusing on individuals who do not know better or have little experience on how debt follows you‚ such as college students‚ the credit card companies know they will make the money they are aiming for not in a honest way. Why should they care? Knowing that the majority
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user finally buys the product‚ and finally the post purchase decision in which the user decides if the product is good or bad. B. What were the key factors of blackberry’s success? Blackberry’s success started by hiring dedicated & professional team of BB App Developers who can build the right application to meet user’s requirements‚ using unique approach in marketing the BB‚ they strategically positioned the bb as a tool for business. (Blackberry Factors Of Success‚ http://vestroia-blackberry.blogspot
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STUDIES 2008 NO.44 Marketing Principles of Louis Vuitton The Strongest Brand Strategy by Shin ’ya Nagasawa* Abstract: By systematically breaking down the strategy of the single Louis Vuitton luxury brand into the four Ps (Product‚ Price‚ Place‚ and Promotion)‚ our aim in this paper is to extract the rules or principles of its brand marketing that differ from that of general consumer goods. In other words‚ the object is to distill the rules and principles of success strategies for
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Compared to conventional data transmission devices such as magnetic-stripe cards‚ smart cards offer enhanced security‚ convenience and economic benefits. In addition‚ smart card-based systems are highly configurable to suit individual needs. Finally‚ the multi functionality as payment‚ application and networking devices renders a smart card as a perfect user interface in a mobile‚ networked economy. Security Smart cards incorporate encryption and authentication technologies that can implement issuer’s
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Linda Tran Mrs. Kathryn Shewmaker 10 English Pre-AP 5 27 January 2012 Creativity in the Self-Employed Setting foot out into the career industry is already a scary thought. But to certain individuals‚ working under supervision doesn’t make the idea any more appealing. Many turn towards the music of self-employment‚ which sounds incredibly fantastic. Some might even refer to it as a dream career since there’s the flexible hours‚ the comfort of working at home‚ the convenience of setting hours
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What is marketing? The inappropriate presumption about marketing is that it consists of advertising or selling only (Pride‚ Ferrell‚ Lukas‚ Schembri‚ & Niininen‚ 2012). This can be traced back to the fact that‚ publicity and “PR” are the most publicized facets of marketing (Belch & Belch‚ 2012). Marketing can be better understood as the communication channel linking a product or service to the targeted customers. The prime objective of marketing is to identify the customer’s needs‚ and how the product
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*If you are a vegetarian‚ check column C for these (*) topics. ♥RATE YOUR DIET♥ Think about the way you usually eat and for each food topic‚ put a check mark in column A‚ B or C. |Topic |A |B |C | |Red Meat* |___Usually eat three or more |_x__Usually eat twice a week |___Usually eat once a week or less | |
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Woodstock Furnishers Our VISION SIMPLY Phenominal Target Market The need of buying furniture is realized by the spouse of the head of the family‚ and in most cases‚ she is the one to decide what‚ when and where to purchase. Hence the spouse of the head of the family is usually the Initiator and Decider‚ apart from being the buyer and user. Since we are dealing in Islamabad region only and in two categories of furniture i-e Home Furniture and
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