Think carefully‚ about the two key methods of research‚Primary & secondary. Primary and Secondary research are 2 Types of source research. PRIMARY RESEARCH In Primary research‚ there is no data available for you‚ so the you has to start from scratch. This means that your needs to design questionaires‚ collect data from people and then analyse the result. Primary research is an original research method used to research information for a specific purpose in order to obtain knowledge on
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Brand from Emerging Market Emerging markets are broadly defined as nations in the process of rapid growth and industrialization. An emerging market is a country that has some characteristics of a developed market‚ but does not meet standards to be a developed market. Therefore we can say that‚ Emerging markets are those countries that have growing economies and a growing middle class. Some of these countries were once poor‚ and some still have high rates of poverty. The four largest emerging and
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A market place is the place spread out in a specific area‚ where a variety of goods of daily requirements are available for purchase by customers. There are an umpteen number of markets all they catering to the daily requirements of the public‚ and they are placed close to residential areas for the convenience of the customers. I had heard a lot about a market called Chandni Chowk in Old Delhi but had never seen it. Once this year‚ in the month of October‚ on the occasion of my sister’s marriage
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There are many ways to segment markets‚ but the most effective approach for Tesla would be to use a concentrated segmentation strategy. Tesla should not try to appeal to everyone by engaging in a mass marketing campaign. A concentrated segmentation strategy will allow Tesla to employ its limited resources more efficiently. Geographic segmentation is used when a product satisfies a customer’s want or need that is specific to a region. Tesla can use a geographic segmentation because gas prices
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Topic: Financial Markets A financial market is a market in which people and entities can trade financial securities‚ commodities‚ and other fungible items of value at low transaction costs and at prices that reflect supply and demand. Securities include stocks and bonds‚ and commodities include precious metals or agricultural goods. There are both general markets (where many commodities are traded) and specialized markets (where only one commodity is traded). Markets work by placing many interested
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in the process of creating every product. Is there any similarities and differences? Discuss. In marketing‚ one of the challenges is how to create value of product in order to support the unique selling proposition. Before determining the perceived value in products‚ we need to know what product (Offer) is. Product is anything that can be offered to a market for attention‚ acquisition‚ use or consumption to satisfy needs and wants. There are three levels of product - core product‚ actual product
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society 25 March 17‚ 2010 17:26 MAC/FARQ Page-5 9780230_201187_03_cha01 6 d MARKETING FINANCIAL SERVICES Learning outcomes By the end of this chapter‚ the reader will be able to: • Understand how marketing theory underpins the marketing of financial services • Appreciate how recent thinking in marketing and services marketing applies to financial services • Be able to identify key issues for marketers of financial services March 17‚ 2010 17:26 MAC/FARQ Page-6 9780230_201187_03_cha01
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Market Potential A market potential is an estimate of the maximum possible sales opportunities for a commodity or group of commodities open to all sellers in a particular market segment for a stated period under consideration Before going to the stage of establishing market potential‚ commodity grouping must be established in such a way that the individual commodities concerned are uniform with respect to the demand function. Since most products do not greatly differ from others‚ consumers
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has been there in market for last 26 years & it is currently best selling brand of unilever. At that time it was leading mens deodorant in Europe and was popular in india in “ grey market “. In india it was launched in 1999 Hul had the brands denim and rexona and was ruling the market. It was priced at the premium above the denim brand whch was positioned as a male deo brand * Geographic:- * Urban The axe effect promoted as the naughtiest brand in the Indian market covers male urban
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consumers‚ but there is no single company that dominates that market to the point of setting the standards in terms of pricing. Markets with this type of condition normally have large numbers of sellers who are capable of meeting the needs of consumer market‚ and actively compete with one another for the business of those consumers. There are several advantages to the existence of a perfect competition situation within a given consumer market. One has to do with the options open to customers. With a
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