Question no 1
Take a trip to departmental store ,Evaluate the in-store marketing effort , which categories or brands seem to be receiving the biggest in-store push? What unique in-store merchandising efforts do you see?
Answer:-
Marketing is a process of communicating the value of a product or service to customer. For the purpose of selling .marketing is an organizational function and a process that creates or delivers communicating value to the customers. In the store they give us a satisfaction for buying things with a proper management which helps customers, that also benefits the organization. Marketing is a main function of the store activities .marketing understand the behaviour of the customers and get knowledge about our likes and
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1. Networking We know very well that marketing is a key to the success of a brand .every brand want to get success .a brand do many efforts in marketing process . networking is the marketing effort .Every brand makes a network of all of their products .
2. Advertising Advertising is a very important marketing effort .every brand advertises its products on different TV channels , web sites, social media , newspapers , magazine , to promote those products.
3. Free samples Sometimes a brand allows a customers to try its product without paying money .it gives free sample the customers .it is another very important effort of marketing.
4. Publicity It is a marketing effort . every brand needs publicity of their products because with the help of publicity they can spin the attention of the customers to their products and make a picture of their product in the customer’s mind. for this purpose brands take some celebrity or brands can also held some seminars
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customers will try to buy those things or goods more which give them more benefits at same price and quality . if some brand offers buy one get one free offer it will definitely promote the sales of that brand.
4 Marketing level: Marketing is a key to the promotion of a brand sales .high level of marketing refers to the high sales level of good and product of the brand .every brand try to increase the marketing level of their product for this purpose.
5 Packaging : It the products of a brand are beautifully packed its promote its sales and twist the attentions of the people and the customers .they will want to buy that product . for example on the valentines day if a box of chocolates is normally packed and other box beautifully packed at the same price then he customers will defiantly buy beautifully packed chocolate box .this is the reason on every event most of the brands changed their packaging for promoting its sales.
6 Environment: Every brand try to keep their market clean it is one of the efforts of merchandising .clean and healthy atmosphere always attracts the customers attentions towards the market and the brand. people like to shopping in clean environment that is why clean atmosphere promotes the rate of sale.
7 trendy and
1. In the broader context (not specific to Dollar General), what is KKR’s investment strategy? What are the challenges KKR will encounter to make its investment in Dollar General successful? How could KKR add value to Dollar General?
Advertising is the best way to get a message across to a certain audience. It serves as a mean of communication of a product or service. It is broadcasted through every media around the world in order to make any product known. The brand Coca Cola is one of the most known companies in the world; their main product is a type of beverage. Throughout the years, this company has been making history with their worldwide advertisements.
Advertising is defined as “any form of paid communication by an identified sponsor aimed to inform and/or persuade target audiences about an organization, product, service, or idea". By strategically selecting the advertising channels, the company strives to reach the target market
Even when celebrities follow the practice of a particular pattern of constantly re-inventing themselves through controversy it promotes public interest and sparks curiosity it often makes front-page news in the media. This is, in a sense, publicity for the celebrity. As it promotes their name and their brand which helps them become more and more recognized. Sociologist Goffman would
That is because these brands are likely to receive greater ‘interest and attention. Thus, repeated exposure to the brand name, enhances ethos by creating familiarity, which in turn persuades us into buying the product out of common preference. As mentioned previously, contrast is used to draw the attention of the viewer towards the imagery of the
What is the definition of marketing and where does advertising fit within that definition? Marketing refers to the processes involved in communicating a product or service to customers or consumers. These communication processes can be used to sell, purchase, distribute or even promote a product or service to various markets. Simply put, marketing is the communication between an organisation and its customers.
Q. 2. Recent development in Technology has enabled huge global organizations to avail information easily in their premises for smooth functioning of various departments within an organization. Much of a company's success comes down to its Supply Chain Management and logistics. The development of Information Systems in SCM helps in cost reductions, customer satisfaction and productivity.
The package should provide in eco-friendly way (paper wraps only / avoid plastic wraps). Promotion Life is good should come up with a new promotion to attract the customers. Seasonal based product is a smart way to promote the product and gain customers attention. Moreover, introduce Option or customized product for each customer is also a good way to promote the product.
Thus associating a public figure with a brand, employs rhetorical teachings to implicate the ethos appeal thereby associating a sense of credibility and trustworthiness with the brand. Thus celebrities can be used for the following: • New users: Celebrities in advertising helps in first time users of the products.
Brands are complex offerings that are conceived by organisations but ultimately resides in the consumers mind (De Chernatony, 2010). A brand thus signals to the customers the source of the products and services and protects both the competitor who would attempt to provide products and services that appear similar or identical (Aaker, 2004). Brands provides the basis upon which consumer can identify and bond with a product or service or group of products and services (Weilbacher, 1995). A brand is a specific uniqueness associated with a product or services that enables the consumers connect with it by easy identification through the name, slogan, design, logo, symbols, etc. of the organisation that produces the products or
Segmentation, Targeting and positioning, also known as STP are an essential part in marketing today. This model is important for generating marketing communication strategies and it aids the marketers to prioritize schemes and deliver personalized and pertinent messages to diverse audiences. This approach is audience oriented rather than product focused in terms of communication, which results in conveying appropriate messages to the members who are more commercially appealing. Segmentation benefits the managers in finding out the area on which they have to concentrate on in terms of geography, demographics, social factors or behaviors.
I. Introduction Walmart Stores, Inc. - the American corporation which was established in 1962, is well-know for the globe’s largest multinational retailer (Walmart 2016). Walmart owns a chain of grocery stores, discount department stores and hypermarkets with about 11,500 retail stores over 28 countries. In 1998, Walmart entered Germany with the acquisition of Wertkauf and Interspar chain (Louisa 2006). Despite having the strongest economy in Europe and the third largest retail market in the world, Germany was not an ideal place for Walmart to achieve its ambition (Knorr and Andt 2003). After nearly a decade struggling to grow, Walmart decided to pull out of German market in 2006 with the loss of one billion dollars (Mark 2006).
Provide good customer service where customers are contacted, when a boat is purchase and a customer care call even having a boat over a period of time. 3. The constant innovation and patenting so customers can get better product each year, because in the marketing industries parts can be copied
For any product, marketing is the key to increasing sales resulting
Introduction At the start of this course, I had no idea what to expect. This is due to the fact that marketing is a field that offers a combination of so many different disciplines such as art, psychology, and statistics. I encounter marketing on a daily basis but have strangely enough not reflected too much about it. Nevertheless, it is a very interesting subject, which deals with promoting and selling services and products.