MARKETING



MARKETING

Market Research

• Purpose

• Data: Secondary versus Primary

• Inhibitors: Cost, Complexity, Relevancy

Marketing Plan

• Marketing Concept: Marketing Philosophy and Market Segmentation

• Market Segmentation

• Marketing Mix



Marketing Philosophy

• Production

• Sales

• Consumer/Market

Market Segmentation

• Demographic Variables: Age, Marital status, Sex, Occupation, Income, Location

• Benefit Variables: Convenience, Cost, Style, Trends, etc.

Marketing Mix

• Product: Products/Services, Value-added

• Place (Distribution): Direct, Intermediaries (Mfg, Wholesaler, Retailer, Consumer)

• Promotion: Advertising, Public Relations, Sponsorships

• Price: Cost-based, Value-based

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