1) The marketing mix consists of 4P’s. Explain how each part of the mix can be used to stimulate a response from the chosen target market. The 4P’s‚ price‚ product‚ place‚ and promotion that make up the marketing mix play a vital part in stimulating a response from the chose target market. These will ultimately be the deciding factors as to whether the target market will purchase the product or not. Although there are 4P’s‚ most companies will look a bit further to the 7P’s in order to stimulate
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INTRODUCTION OF COMPANY J Sainsbury’s is the third largest grocery retailer in the UK. The company was leading grocery retailer in UK from the late 1980 to 1995. The company opened their first store in 1869. Sainsbury’s has 504 supermarkets and 319 convenience stores in UK. Company’s turnover is over £17.4 billion and profit of £289 million. Asda and Tesco has overtaken Sainsbury’s recently. Sainsbury’s market share gradually decreased to just over 16%. Sainsbury’s growth has suddenly fallen down
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quickly and effectively‚ as well as they need to be serviced properly. (Litchman) Suburban stores are totally different. You really have to have an owner/operator mentality. You have to be mature and you have to be able to run the business like it ’s your own business. What we always try and convey or sell to people who might join our company is‚ "If you want to be a franchisee but don ’t have the capital‚ if you want to own your own business‚ we ’re gonna put you in business. You don ’t have to
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The Digital Impact on the Marketing Mix During the past few years‚ the game of marketing and advertising has changed greatly. Presently no matter how talented the creative team is. You can’t ignore the digital technology and it effect on marketing mix and marketing in general. From pricing point of view after the access on the new technology especially the internet now the customers can communicate with each other and discuss about the prices‚ and because of that it is impossible to
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Introduction of 4P’s The 4 P’s of Marketing The 4 Ps of marketing are Product‚ Price‚ Place‚ and Promotion. Think of each of these as a variable which you control. The idea is to set these variables in such a way so that sales will take place. You cannot "make" a customer pull out her credit card‚ but you can certainly help her in coming to a decision by setting the "right" price‚ the retail location‚ the level of advertising and even product attributes
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MODULE 1 Subject Matter: THE COMPUTER AS AN ORGANIZATIONAL INFORMATION SYSTEM Introduction: This module traces the evolution of the computer as it has been applied to an expanding scope of business with IT applications. The first application involved the handling of accounting transactions and was called data processing. Then‚ managers and computer scientists recognized that for greater potential existed in the form of information
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these portable audio produced by SONY are: • Walkman mp3 series • CD Walkman series • CD/Radio/Cassette player • Radio • Voice recorder • Audio Accessories PROMOTION The major elements of promotion mix include advertising‚ personal selling‚ sales promotion‚ direct marketing‚ and publicity. Advertising is any paid form of non-personal mass communication through various media to present and promote product‚ services and ideas etc. by an identified sponsor. So far‚ SONY has advertised
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Conditional cash transfer (CCT) program aim to reduce by making welfare programs conditional upon the receiver’s actions. The government only transfers the money to persons who meet certain criteria. These criteria may include enrolling children into public schools‚ getting regular check-ups at the doctor’s office‚ receiving vaccinations‚ or the like. ACCTs are unique in seeking to help the current generation in poverty‚ as well as breaking the cycle of poverty for the next through the development
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ANIRUDH TAKKAR +91-9739064381 anirudht808@gmail.com CAREER OBJECTIVE | My short-term objective is to get an entry level management position in a good company which challenges me intellectually so as to allow me to hone and use my learned marketing skills. A reasonable level of autonomy in the job will be welcome so that I can make use of my passion for innovation. My medium-term objective is to be on the Board of Directors of a medium or large enterprise and use my gained experience for
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Introduction This is an E-marketing report of Crocs Inc. (a designer‚ manufacturer and retailer of footwear). In this paper‚ Crocs’s current E-marketing strategy and the current position of the company will be analyzed. Next‚ a coherent e-marketing plan will be proposed based on the understanding of Crocs’s current marketing mix. Moreover‚ the implementation of the analysis and recommendations for the future development are likewise presented. Source: http://www.crocs.com/home/homepage
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