A2 Marketing Objectives 1. Explain why it is important for a business to have clear marketing objectives? It is important that a business has clear marketing objectives because it gives them a target to work towards. In 2010 Asda set its objective to overtake Tesco as Britain’s largest retailer of non-food items. It is important that its clear because objectives should be made using the acronym SMART goals‚ the objective set by Asda fits in with this really well apart from it does not state
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Marketing objectives define what you want to accomplish through your marketing activities. There are several important factors to consider when establishing effective marketing objectives. When setting objectives it is very important to ensure that your objectives are; specific‚ measurable‚ achievable‚ realistic and time specific‚ or SMART for short. The "SMART" approach allows you to effectively manage your marketing activities and importantly be able to determine how successful they have been
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Objectives of Marketing Promotions The most obvious objective marketers have for promotional activities is to convince customers to make a decision that benefits the marketer (of course the marketer believes the decision will also benefit the customer). For most for-profit marketers this means getting customers to buy an organization’s product and‚ in most cases‚ to remain a loyal long-term customer. For other marketers‚ such as not-for-profits‚ it means getting customers to increase donations
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companies such as Novartis ‚ Bayer AG ‚ Pfizer ‚ etc . Simultaneously ‚ Apple Computers continuously invests million dollars in Research Development ‚ Art Design and other technologies . Those investments and innovation spending effectively fit into Apple ’s pricing strategy because the companies seeks particular identification in the eyes of consumers ‚ which is achieved through incredible futuristic designs of Macintosh and iPod . Practically ‚ many industry leaders utilize technology and innovations
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……………….9 1. What Is Marketing Orientation………………………………………………………..…9 2. Key steps that should Zaid Tea implement in order to be marketing oriented…………10 2.1 Customer Focused…………………………………………………….……………….10 2.2 Competitor Focused……………………………………………...……………………10 2.3 Strategic Vision……………………………………………………………………..…11 3. Difficulties In Implementing Marketing Orientation Concept To Zaid Tea……..……..12 3.1 Lack of Effective Customer Service………………………………..…………………12 3.2 Lack of Marketing Knowledge…………………………………
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around with us everywhere we go‚ but it’s only a matter of time when someone comes up with something even better. Another invention that I am thankful for is the Toothbrush. This invention is so simple‚ but yet so needed in our everyday lives. Hygiene has improved tremendously in our history and the toothbrush started it all. The toothbrush first came about in 3500 BC and was used by the Egyptians and Babylonians. This tool was called the chewing stick; it was made by chewing on a stick till the wood
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This watermark does not appear in the registered version - http://www.clicktoconvert.com UNIT – I LESSON –1: TALLY FEATURES CONTENTS 1.0 Aim and Objectives 1.1 Introduction 1.2 Tally User Classification 1.2.1 Single user - Silver 1.2.2 Multi user – Gold 1.3 Tally Activation Form 1.4 General features 1.5 Accounting feature 1.5.1 Comprehensive accounting system 1.5.2 Categorization of account 1.5.3 Ledger group administration 1.5.4 Audit trail‚ Drill down display 1.5.5 Extracting reports 1.5.6
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FACTORSBranding: Should the name of the product on the package and in advertising be "Colgate Precision" or as "Precision by Colgate"Communication and promotion: This is an effective way to pull a market share because it is hard to increase primary demand unless stealing sales from existing productsMajor competitors in the super-premium segment: Oral-B‚ Reach Advance Design‚ Crest Complete‚ and Aquafresh FlexDifferential pricing structure: Niche market vs. Mainstream marketDifferent advantages/ disadvantages:
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would be a toothbrush and toothpaste. The first record of the toothbrush was back in 3000 B.C. The concept of the bristle toothbrush came later on in the 5th century in 1498. The Chinese made this out of boar or horse for the bristles and cattle bone or bamboo for the handle. This toothbrush didn’t catch on too quickly because the bristles were to coarse for people. It wasn’t until 1780 when a man named William Addis an Englishman‚ caught on to the idea and mass produced the toothbrush. The toothbrush
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Chapter 2 Research Problems (1) What are the key facts in each of the 3 problems? (2) What is the general issue to be addressed? (3) What key words would you use to research this question? (4) Use online tax research tools to answer the question. (Several are listed in Chapter 2.) (5) What important information would you include in a memo/letter to the “client” to communicate the results of your research? Please type your answers below. Be concise but thorough enough. Use proper
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