Luokat: Kaikki - direct - advertising - relations - research

jonka Diego Aceves 4 vuotta sitten

140

Production

Marketing strategies encompass various methods to effectively promote goods and services. Advertising is a paid, non-personal way to present products, often backed by an identified sponsor.

Production

Marketing

Market Research

Importance
It provide us with information and opportunities about value of existing and new products
Benefits
Productive business investment
Determine the market size
Make well-informed decisions
Steps
Subtopic
Make the report
Analyze the results
Carry out data collection
Define the sample
Define the problem
Methods
Etnographic Research

Is conducted in natural settings of respondents

Focus Group

Are 8-10 people that you gather to get their impressions of a product or service

Interview

Is where the researcher asks a series of questions to collect information

Definition
Data

Qualitative

Beauty, Colors, Flavors

Collected can just be observed

Implementedwhen data can be segregate

Associated with details

Qualntitative

Ex: Time, Weight, Height

Collected data can be statistically

Implemented when data is numerical

Associated with numbers

Resarch

Secondary

Disadvantages: Can be too old or not specific enough

Benefits: Usually cheap and quick

Can be either

By someone else

Primary

Disadvantages: Usually costs more

Benefits: Specific to your needs

Can be either data

By you

Is the defined process of evaluating the feasibility of a new product or service through research

Marketing Administration

Identifies the consumers needs and supplies various goods and services to satisfy those needs

Marketing Mix

Promotion
Its refers to a process of informing persuading and influence a consumer
Product
Refers to the goods and services offered by the organization
Place
They must be made available to the consumers at a place where they can conveniently make a purchase
Price
Is the amount charged for a productor service. The price has always shaped the perception on the product

Promotional Mix

Direct Marketing
Companies reach customers directly without any intermediaries or any paid medium only with technology
Public Relations
The marketers try to built a favorable image in the market by creating relations with the general public
Sales Promotion
Is the short term incentives given to the customers have an increased sale for given period

Discounts

Coupons

Personal Selling
This is one of the traditional form of promotional tool wherein the salesman interacts with the customer directly
Advertising
Is any paid form of non-personal presentation and promotion of goods and services by the identified sponsor in the exchange of a fee

Production

Use this template to test your knowledge on some of Medieval Europe's most important events. Write down the names of important figures who have marked history.