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This document discusses various marketing concepts including positioning, differentiation, sales forecasting, market research, the marketing mix (product, price, promotion, place), and the extended marketing mix. It provides an overview of each concept, defines relevant terms, and discusses how each relates to the CUEGIS framework for marketing planning.
This document discusses various marketing concepts including positioning, differentiation, sales forecasting, market research, the marketing mix (product, price, promotion, place), and the extended marketing mix. It provides an overview of each concept, defines relevant terms, and discusses how each relates to the CUEGIS framework for marketing planning.
This document discusses various marketing concepts including positioning, differentiation, sales forecasting, market research, the marketing mix (product, price, promotion, place), and the extended marketing mix. It provides an overview of each concept, defines relevant terms, and discusses how each relates to the CUEGIS framework for marketing planning.
Differentiation Marketing planningand the CUEGIS concepts 361
4.3 Sales forecasting [HL Only] 365
Sales, trends and forecasting 355 Benefits of salesforecasting 37O Limitations of sales forecasting 372 Sales forecasting and the CUEGIS concepts 373
4.4 Market research 375
The role of market research 375 Primary market research 375 Secondary research 379 Ethical considerations of market research 382 Qualitative and quantitative market research 383 Sampling methods 384 Results from data collection 386 Market research and the CUEGIS concepts 387
4.5 The four Ps (product, price, promotion, place) 390
Product in the marketing mix 39I Product life cycle 392 Extension strategies and the product life cycle 394 Boston Consulting Group (BCG) matrix 396 Branding 393 Aspects of branding 400 Packaging 403 Product and the CUEGIS concepts 404 Price Price and the CUEGIS concepts 412 Promotion 415 Above the line promotion 416 Belowthe line promotion 419 Promotional mix 422 Technology and promotion 426 Social media marketing 427 Guerrilla marketing 428 Promotion and the CUEGIS concepts 429 Place (distribution) 433 Channels of distribution 433 Place and the CUEGIS concepts 439
4.6 The extended marketing mix [HL Only] 442
The marketing of services 442 People 443 Processes 444 Physical evidence 445 The extended marketing mix and the CUEGIS concepts 446 X