Marketing Management Building the Right Relationships with the Right Customers (Topshop) Name: Wee Pei Yee NRIC: G1352462P Batch: ABMD21475A Lecturer Name: Mr. Roland Kiew Word Count: 2909 words TABLE OF CONTENTS 1. Introduction …………………………………………………………..Page 3 2. Main Report a. First Part (STP strategy)……...……………………………………Page4-8 b. Second Part (Marketing Mix)……………………………………...Page8-9 3. Conclusion……………………………………………………………Page 10 4. Recommendation……………………………………………
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1. Market development strategy involves A. increasing the sale of present products to present customers. B. finding new customers for its present products. C. targeting present customers for the newly developed products. D. leading an organization into entirely new and unrelated businesses. 2. Product development strategy A. involves seeking new products for customers not currently being served. B. offers product-line extensions of existing products to present customers. C. is merely getting
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References: http://www.maxi-pedia.com/BCG+matrix+model http://en.wikipedia.org/wiki/File:Folio_Plot_BCG_Matrix_Example.png http://www.mba-tutorials.com/marketing/117-intensive-growth-strategies-ansoffs-product-market-expansion-grid.html http://www.ikea.com/ http://www.prenhall.com/behindthebook/0131738607/pdf/Ch.%205%20revised.pdf http://www.exporthelp.co.za/modules/1_considering_exporting/env_political
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equity‚ which occurred in the late 1980’s was pivotal because it changed the way that marketing was perceived. Brand Awareness – is assets that can be extremely durable thus sustainable. It can be very difficult to dislodge a brand that has achieve dominant awareness level. Brand Loyalty - An existing base of loyal customers provides enormous sustainable competitive advantages. It reduces the marketing costs of doing business‚ since existing customers usually are relatively easy to hold
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more on the evolution of a theme or an idea. A photographic essay is an attempt to cover a topic with a linked series of photographs; it may or may not have an accompanying text or captions.Services Marketing‚ 4/e‚ by Zeithaml and Bitner provides a comprehensive review and analysis of services marketing issues‚ practice‚ and strategy. Utilizing the GAPS Model of Service Quality as an organizing framework the structure of the text offers part openers that sequentially build the model gap by gap. Each
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MG 511 Strategic Marketing Case Study: Marketing Planning at ‘Just Us! Cafes’ Lecturer: Date: Name: Student No: Ms. x 20th Dec. 2010 Seánpaul Walsh X Contents: 1.0 3 1.1 Competitor Analysis 3 1.2 Specific Competitor: Kicking Horse Strategy 4 1.3 PEST 4 1.4 2.0 External Analysis Porter’s 5 Forces 4 Internal Analysis 5 2.1 Value Chain Analysis 5 2.2 BCG Matrix 5 2.3 Revenue Analysis 6 2.4 Geographic
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Analyzing the Marketing Environment Analyzing Needs and Trends in the Macroenvironment. Successful companies are those that can recognize and respond profitably to unmet needs and trends in the macroenvironment. Opportunities are also found by identifying trends. A trend is a direction or sequence of events which have some momentum and durability. For example‚ one major trend is the “increasing participation of women in the workforce.” This trend has profound the implications for economic
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Strengths Strong Management (Shakey’s) Strong management can help Shakey’s reach its potential by utilizing strengths and eliminating... Size Advantages (Shakey’s) Size advantages lower Shakey’s’s risks. The larger Shakey’s gets‚ the more resources they have to... Technology (Shakey’s) Superior technology allows Shakey’s to better meet the needs of their customers in ways that... Cost Advantages (Shakey’s) Lower costs lead to higher profits for Shakey’s. A low cost leader can undercut rivals
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Chapter 10 Brand extensions Good or Bad: Brand extensions are a good business growth strategy as it allows the company to organically grow revenue. However‚ extensions must be carefully evaluated and chosen to ensure that the related affect is what is expected. For example‚ the company needs to make sure that any extension to the brand supports those brand elements or attributes that customers associate with the brand. Any product extensions that conflict‚ deteriorate or dilute the brand
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application at knowledge about the how people - as individuals and a groups - act within organization. It strives to identify ways in which people can act more effectively." "Organizational behaviour can be defined as the understanding‚ prediction and management of the human behaviour affect the performance of the organizations is conerned with the study of what people do in an organization and how their behaviour affect the performance of the organizations. Organizational behaviour is a scientific descipline
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