Contents
SECTION A 2
A.1 2
a) Marketing Management 2
b) PESTLE factors 2
a) 3 aspects of a product with the use of a product from PepsiCo 3
A.2 4
a) Who are resellers? 4
b) 4 Types of market segmentation 4
c) Factors affecting pricing decisions 5
SECTION A
A.1
a) Marketing Management
Marketing managers play a critical role in the success of a company. Marketing is the process used to determine what products or services may be of interest to customers and the strategy to use in sales, communications and business development (Kotler et al. 1996).
Marketing management is concerned with the writing out of a confident program, after careful study and forecasting of the market situations and the final performance of these plans to achieve the objectives of the organization. Therefore marketing
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Both consumers and governments penalize firms for having adverse effect on the environment. Running water for a hydro-power plant is an example.
a) 3 aspects of a product with the use of a product from PepsiCo
Product design has been recognized as an opportunity for differential advantage in the market place. The appearance of a product influences consumer product choice in several ways. The present study identified the different ways in which the appearance of a product plays a role in consumer product evaluation and, hence, choice
One such product is 7Up a soft drink which of was invented by invented in October 1929 by Charles Leiper Grigg, a man who ten years earlier had formulated a carbonated orange-flavored drink (“Whistle”). 7 Up logo includes a red circle between the "7" and "Up". The "7" refers to the drink 's seven ingredients, and the "UP" has to do with the soda 's rising bubbles. This version is supported by an early 7UP tagline: "Seven natural flavors blended into a savory, flavory drink with a real
The Holden Efigy is an Australian made and designed concept car that pays tribute to the well renowned Holden FJ of the mid 20th century. It features all contemporary technology in a timeless shape that is analogous to its predecessor. The car goes beyond to replicate the style but illustrates what a modern and contemporary version looks and feels like. Its production cost of 1.2 million (CarsGuide, 2007) places it amongst most affluent cars of the 21st century. Although it there is one in existence its design still provokes emotion among car enthusiasts Figure 1: Holden Efigy 2005 Rolling Exterior (2014) and the like.
The colour white connotes purity and goodness, which suggests that the drink tastes good. The physical company logo itself is a goose, which is found multiple times on both the box and the bottle itself. Although geese are usually seen as pests or annoying animals, the ad signifies the animal in a different way. The bird is seen flying, which represents freedom. Geese are also known to fly in formations, which represent leadership and trustworthy.
The letter “M” on their advertisements appeals to me just because of the simplicity of the famous design. Coca-Cola: This logo is satisfying due to the font. The lettering is cursive and detailed. The color scheme remains in my head. If you were to ask me to draw the logo I could.
In this ad, Coca-Cola is convincing Chinese audience to purchase its product by using pathos. The ad conveys a patriotic spirit to the audience in order to associate Coke with Chinese values. The red color represents the passion of Chinese people. Paper-cut is a traditional Chinese folk thing, it has a history of one thousand years. Red paper-cut shows the wisdom of Chinese people, it’s a symbol of good fortune and wish.
Those posters tie in very well with their logo, because they both represent how old their company is. The colors is the logo pop pretty well. The red really sticks out and catches peoples’ eyes. I think they could have changed all of the white in their logo to black to make the red pop even more. The symbolism i’m seeing with this logo especially is the amount of black and white in it.
PESTLE Analysis Political : Political factors internationally have effect on Starbucks businesses and their profits . Taxes to business environment is affected by politics, but the main political factor is about sourcing the raw materials and so it has gathered a lot of attention from politicians from the source countries. For the reason company wants to obey the social and environmental standards also there is a deep link between political and economic stability. More the politically stable the nation is the more economic environment. They also have tax policies and regulatory pressure on them.
Consumers set their own criteria which have to be met by the product’s benefits; this is called evaluative criteria which can be both tangible and intangible. For example if a consumer needs to purchase a kitchen appliance the tangible criteria would be; the product performance, durability and within their price range, whilst the intangible criteria would be the brand with a good after sales reputation and from a trustworthy organization. Consumers recollect evaluative criteria from their own memory but, it can also be formed during the search process when consumers acquire information on different products being offered on the market, and set their criteria for the evaluating process.
The PESTLE analysis is used to analyse the external macro-economic environment of McDonald’s that presents its opportunities and threats in the short and long term. In the global fast food restaurants industry, McDonald’s focused particularly on the cultural factors that were pertinent to India, which influenced its standardisation and localisation practices to effectively deal with all the different factors and conditions in the Indian market. Political factors are external factors that affect the company and are beyond its control, such as the governmental policies in a foreign market. Several key political factors that affected McDonald’s include the India-U.S. free trade agreement and evolving public health policies. The improved trade agreement allowed increased imports from the US and was an opportunity for McDonald’s to tap on to better its global distribution and supply chains and make its food available to many parts of the country.
1. Executive Summary We provide specialised, specific and custom vacations that are premium-priced and specifically created to suit the exact requirements of the client down to the exact detail. These vacations are not limited to a prototype or a present design, and are crafted around any desire that the client mentions. Our target customer belongs to the billionaires of the world.
. STUDY OF ENVIRONMENTAL FACTORS a. PEST Analysis: i. Political: L 'Oreal faced issues in the dermatology branch led by Galderma due to new legislations governing drugs. The EU law affects L 'Oreal and restricts their use of certain kinds of carcinogenic chemicals, such as Phthalates. L 'Oreal is obligated to produce safe products that do not contain any harmful substances.
Expanding into Latin America New markets for any company can be anywhere in the world and since this world every day is becoming more globalized every single company around the world is targeting moving into new places and being able to expand their horizons around the world. Latin America is a region that is becoming more and more approachable to companies from around the world. It provides with a fast variety of raw materials and labor possibilities for them to exploit. Before any organization moves into a new market it must first evaluate it and scan its possibilities in order to determine the best option for it. The following is a description of this process and the best options that the company selling high quality distance measuring technology
As indicated before this type of numerology is often used in this type of literature. Seven is meant to indicate the fullness of divinity. In this case it is meant to indicate God’s divine authority over His enemies. Rather than viewing these seven seals in a chronological order as if it’s referring to a future event, one must consider the numerology used and its purpose. The author is providing reassurance to the reader that God has ultimate divine authority and it is he who decides what ultimately happens to those who are against Him and his people.
Introduction Uniqlo is ranked as the 1st apparel brand in Japan (Fast retailing, 2014) and the 5th SPA (Specialty Store Retailer of Private Apparel) in the world (VFPress, 2012). The brand has demonstrated a strong development during the past years with around 818 stores worldwide, estimated at August 2015, (Fast retailing, 2014) and now, they are planning for an expansion to Vietnam market. This report will provide useful information which can be guidelines for Uniqlo’s strategy to enter a new market. The report covers four main parts: PESTLE analysis of Vietnam market; mode of entry suggestion; segments, targets and position process and 7Ps marketing mix. Question 1:
Consumer behavior towards Nike products Marketing is collaborating the value of a product, service or brand to customers, as a driving force to promote or sell that product, service or brand. Marketing procedures and skills embrace selecting target markets by carrying out a market analysis and market segmentation, as well as taking into account the consumer behavior and advertising a products value to customers. Marketing is the utmost vital aspect of developing and enlarging your business, and is a speculation that will recompense for itself over and over again. The term “marketing mix,” was first devised by Neil Borden, the president of the AMA (American Marketing Association) in 1953.
STARBUCKS SINGAPORE 1.0 INTRODUCTION Originated in United States (US), Starbucks selected Singapore as the third international market to expand its business in 1996. It offers all-embracing products of coffee, handcrafted beverages, light food, merchandise and consumer products as well as an exclusive Starbucks experience to the customers. Starbucks Singapore prides itself on the 100th store expansion in 2014 (Priscilla, 2014). The company is staying ahead in the Singapore coffee chain industry, yet it is facing numerous emerging challenges in the global competitive environment.