Chapter Two: Literature Review
Introduction
Marketing has become a staple in modern business life. In order to grow market share and become a market leader an organization must divert a lot of their manpower to promotional activities. These activities heavily impact how their good is perceived and, essentially, how they are bought. In the discussion of guerilla marketing it can be observed that it relies on an interesting and unconventional strategy towards marketing in order to create a buzz. The focus of the literature review is to investigate the impact of guerilla marketing on consumer perception. A qualitative literature review will be conducted to investigate the research topic, which will be narrowed down to three subtopics to focus on major components of guerilla marketing are and what the findings aim to conclude. The three subtopics are: “How does word- of – mouth influence consumer perception?”, “How does celebrity marketing influence consumer perception?” and “What impact does social media have on consumer perception?” The scope of the literature review includes twenty-two citations from sources such as professional journals, educational textbooks relevant to the topic and academic journals. A mixture of more recent and less recent sources are used to further investigate the research problem by using a wider range of critiques and relevant historical information.
Guerilla Marketing and its Influence on Consumer Perception
Guerrilla marketing can be
magine if what you were putting in your body, wasn't really what you were putting in your body. It is unethical to target uniformed consumers. They have no idea what they're body unless someone tells them. If it does not state it on the bottle they should not have in on the shelf. Targeting an uniformed consumer is like targeting a deer in headlights, they still will not know.
The American Revolution arose from the escalating conflict between the thirteen colonies and their mother country, Great Britain. This uprising took place between 1775 and 1783. By the end of the war, the thirteen colonies, in victory, had gained their independence from Britain and were to be called the United States of America. Some argue that the increasing debt of the British Empire, aided the Americans’ win in the Revolutionary war the most. However the different battle tactics used by the colonial militia and intervention of other countries like France played a role on a much larger scale in the result of America’s victory.
The United States Declaration of Independence states that "when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government" Our nation was a phoenix that rose from the ashes of a monarchy through a resistance that had grown into a revolution. The result of our founding fathers resistance was a nation, a nation that held promises of freedom and equality for all of it’s citizens yet bitterly was not at all close to equality and justice for all. The gruesome and haunting past of America's oppressive history lingers in the socio-political infrastructures which control and drive our government and society. Our nation, horrifically and
CASE STUDY: You are the marketing manager for a chain of home-ware stores in Brisbane called Houzit. The marketing plan for the 15 Houzit stores was developed over 12 months ago and you are actively engaged in implementing the strategies to achieve the marketing objectives. Specifically, you are instigating those marketing activities that meet the marketing objectives of a 12% market share (up from 11%) and an increase in sales by 8.5% over last year’s result. No expansion stores are planned during this phase of consolidation and on average the stores achieved $24,680 per week for the year.
Organized retail crime (ORC), is frequently referred to as organized retail theft, typically refers to retail theft and fraud by organized gangs of professional shoplifters, or ―boosters. It is an umbrella term including a variety of retail crimes, including theft, gift card fraud, return fraud, and price switching and cargo theft. Stolen goods may be taken not only from retailers, but from manufacturers, warehouses, and distributors as well. The organized crime rings resell this illegally attained merchandise a variety of different ways. They may use fencing operations such as jockey lots (flea market), pawn shops, and online markets like eBay.
The impact of Chanel brand equity on sub product lines, which are beauty and perfume, to virtual community members and non-members in Thailand. Two methodologies were used in the study of this capstone project. The first method was qualitative
1. The relationship between marketing and charity program The targets of hospitality marketing, which is sell more rooms, and make maximize revenue for the hotel. For the hotels, make charity program in order to establish a good social image, to enhance the social status, it cause to win the favorable impression of people, and have positive impact on customers. Through the charity program to achieve the goal of revenue, this way is kindly and naturally, easier to be accepted, the commercial of objective not obviously as traditional marketing method, although they have some goal, attract more people to our hotel.
KETING STRATEGY A marketing strategy is a process or model to allow a company or organization to focus limited resources on the best opportunities to increase sales and thereby achieve a sustainable competitive advantage. Or it is a process or model to allow a company to focus limited resources on the best opportunities to increase sales and there by achieve sustainable competitive advantages. The marketing strategies of Hilton Garden Inn are as follows. Philip Kotler defines marketing as a social process used by the people, individually or in a group to achieve what they want by the creation or exchanging their product details and their values with others.
ALDI supermarkets, a well-known retailer in business, focused on retaining and gaining customer’s loyalty on those who were already familiar with the ALDI brand. ALDI’s main objective is getting its message across which is offering the best quality products at the lowest price possible. One of ALDI’s marketing strategies is the ‘Like brands’ by which ALDI created high quality products similar to those products of a well-known brand and competitors, but with a lower price. ALDI created blind tastes of these ‘like brands’ where people can taste ALDI’s brands and the national brand to see if they can make a
Introduction Every business organization is using a marketing concept which is used as a tool to identify customer’s needs. And further try to meet them by making right decisions in line with customer’s needs. In line with meeting customer’s needs the ultimate goal of every business is to gain profit. That’s why they make use of different marketing strategies to meet not only the need of the customer but as well as the goal of the company. We know for a fact that marketing strategies comprises everything from developing a product, to introducing it to the market, to selling and improving it as the need of the target market changes.
INTRODUCTION This critical review examines an article on a new era of sustainable marketing written by Marek Seretny and Alexksandra Seretny. The purpose of this article is to create rapid create value for customers through socially, environmentally and ethical responsibility actions. Although authors have criticism that some marketing practices harm individual’s consumers and imposing excess frustrated aggressive consumer with obstructive way, his article relates important and significant social responsibility by building sustainability relationship with consumers. This paper will also review the summary of the story as well as their main arguments, and will evaluate the quality of writing and focus on any areas of weakness within the story.
Strategic marketing is a broad and practical subject which included the concept of marketing subjects of previous semesters such as business marketing. The study of this subject has contributed to marketing knowledge in many ways, as well as it has strengthened my skills in application of marketing concepts. My knowledge was increased that I was able to develop a complete strategic marketing plan of not only on the part of marketing analysis or strategy of a product or service, but also the whole corporate plan. My skills and capabilities that were developed and integrated during lectures and tutorials include the analytical skills, coordination skills, presentation skills, organization skills, etc.
Consumer is one who consumes the goods & services product. The aim of marketing is to meet and satisfy the Consumer needs and wants. The modern marketing concept makes customers the centre stage of organisation efforts. The focus, within the marketing concepts is to reach target and largest customer’s sets ball rolling for analysing each of the conditions of the target market1. Consumer behaviour can be defined as “the decision making process and physical activity involved in acquiring, evaluating, using and disposing of goods and services”.
Every day we copy something or at least see things that have been copied. For example you will probably have an experience of copying your classmates’ homework and you might also have seen similar products being sold by different companies. Do you remember the honey butter chip boom? As 해태 made big profits through honey butter chip companies started to use copycat marketing strategy and made products that were similar to it. In the process some companies that followed the honey butter chip made big profits while others had economic deficit.
2. Introduction Defining an effective Marketing Communication Plan and Communication Mix through a well researched strategy will not only help to reach out to potential customers, but it will also help to adapt and respond to the ever changing marketing environment. This report starts by examining the various promotional tools used by marketers in the marketing of their products and services, including the advantages and disadvantages of the tools. The report goes on to examine the meaning of Integrated Marketing Communication (“IMC”) and the importance of measuring the effectiveness of the Promotional Campaign.