Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Marketing Management Expert

“The Market is customer driven, and marketing therefore focuses on the needs of the customer and involves finding out what the customer wants and anticipate first, before any attempt is made to provide a product or a service to meet those needs. Marketing plays an important function in attracting the attention of consumer. It makes sure that the right product gets to the right customer at the right place and price, using the right promotion Getting marketing right is crucial to the success of service organizations. The consequences of getting marketing wrong could be disastrous. Thus detailed planning of the four components of marketing mix – product, place, price, and promotion is very significant.”
 
problem1. Why marketing mix is so important for small businesses as well as enormous multinationals?

problem2. Price is a sensitive issue unless the market demand is very high for the product or service. Elaborate on the key pricing strategies.

Marketing Management, Management Studies

  • Category:- Marketing Management
  • Reference No.:- M95388

Have any Question? 


Related Questions in Marketing Management

1there are lots of tools to use when making plans which

1. There are lots of tools to use when making plans which leads to decisions. Why do you suppose that most people tend to stay away from data, facts, and concrete plans? How does this impact the acheivement of goals? In ...

This paper has to be on the nike sweatshopsis it ethical or

This paper has to be on the Nike Sweatshops: Is it ethical or not ethical and explain the reason why/why not. Along with the assignment is a PPT presentation 15-20 slide breaking down your paper/conclusion. A short video ...

1 the primary means of sustaining a competitive advantage

1. "The primary means of sustaining a competitive advantage is to adjust faster to the environment than your competitors do." Do you agree or disagree with this statement? Explain your position. 2. What types of planning ...

Part a - oral questioning and learning activitiesplease

PART A - Oral questioning and learning activities Please consider and complete the following tasks in the space provided. The assessment tasks in Part A may also be assessed verbally by your trainer or tutor as part of y ...

Case incident 1 lessons for lsquoundercover bossesexecutive

CASE INCIDENT 1 "Lessons for ‘Undercover' Bosses" Executive offices in major corporations are often far removed from the day-to-day work that most employees perform. While top executives might enjoy the perquisites found ...

Outline for case analysescase namei major factsbriefly

OUTLINE FOR CASE ANALYSES Case Name: I. Major Facts Briefly state the key major facts as you see them. Make statements clear and concise for your own understanding as well as for the understanding of the other students a ...

Marketing management assignment-learning outcomes - analyse

Marketing Management Assignment- Learning outcomes - Analyse methods of determining the size and structure of markets and of segmenting particular markets. Evaluate methods of promoting sales at different product types a ...

What impact does international marketing have on firms and

What impact does international marketing have on firms and consumers? Is it beneficial to all concerned? You can expand this idea if you like into a discussion of globalism. What is it? Is it desireable? You need to writ ...

Research paper on hilton hotels analyze their marketing

Research paper on Hilton hotels, analyze their marketing mix. Paper requirements: 1. Briefly discuss the company or organization to include its history and its products and/or services. 2. The emphasis of the project is ...

Read the article on the brand report card and then pick a

Read the article on "The Brand Report Card" and then pick a brand for you to assess. At minimum, your brand assessment should cover the three questions: (1) Rate and critically evaluate "insert brand name" brand using Ke ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate