Categorias: Todos - marketing - strategies - branding - research

por Michael Palombo 4 anos atrás

250

Unit 3 - Marketing

The product life cycle encompasses several phases, including launch, growth, maturity, decline, and decision points, each critical for understanding product performance over time. Various product types such as niche, traditional, and seasonal dictate different marketing strategies.

Unit 3 - Marketing

Unit 3 - Marketing

what is a market

competition -market share -demographics -life style -creative advertising
selling 1. direct channels 2. indirect channels 3. specialty
promotion activity's 1. personal selling 2. sales promotion 3. public relations 4. advertising
4p's -product -price -place -promotion

product life cycle

phases 1. product launch 2. growth 3. maturity 4. decline 5. decision point
Types 1. phad 2. niche 3. traditional 4.extended phad 5. seasonal 6. revival 7. bust

brand management srategies push vs pull

Pull -manufacturer creates demand at consumer level eg. pepsi. - lots of advertising and promotion -word of mouth -customer relationship management
Push -manufacturer sells product to retailers - they offer special pricing - put shelf allowance -trade show promotion

Marketing Research

types of data 1.primary -test marketing -surveys -focus groups -internal information sources -observations 2. secondary -websites -data bases -magazines -indexes -professionally prepared research report
Types. 1. Consumer Research 2. Market Research, 3. Competitive Research, 4 Motivation Research 5. Product Research 6. Pricing Research 7. Advertising Research

branding

1. brand name 2. logo 3.trade mark 4.slogan 5. brand identification
why do company's use them -helps people remember business -increases company's image - shows the use of the product -universal image