Discuss whether the Internet will result in disintermediation of the following retail stores: video rental stores, music stores, and clothing stores ?
Research the product Laguna Point Patio Set
Assume that you are the director of marketing for a company that markets electric bicycles in Vancouver. You feel that if your market is segmented, you will be able to satisfy your customers’ needs more efficiently and effectively. You must first decide what bases to use for segmenting the market.
a) Develop a list of the potential segmentation variables you might use.
b) Include your thoughts on how useful each might be to your marketing strategy.
c) What are your final recommendations for the bases for segmenting the market and include your explanation of why you make that recommendation.?
<span style="font-weight: bolder;">https://www.wired.com/gallery/best-electric-bikes/</span>
<span style="font-weight: bolder;">https://www.bicycling.com/bikes-gear/a22132137/best-electric-bikes/</span>
Assignment will be marked out of 10. It will be evaluated based upon the quality of your research, your identification of appropriate segmenting variables, and the rationale for your recommendation. Professional quality of presentation is expected.
Note: Not less than 400 words
What is the need for market segmentation in B2B markets? What are the different categories of market segments in a business market?
What will be the kind of data you will capture for a sales and marketing function? Explain marketing analytics?
What are the characteristics and features of BOP market and BOP consumer?
ABC company provides Data services like Internet leased lines, and broadband connectivity to small and medium enterprises. To tackle customer queries, and complaints they have a National call center. Additionally they have have a service team which is team which is responsible for calling up the accounts on a regular basis to find out if there are any service related issues. A service manager is supposed to make a visit once a month to maintain customer relationship. Further customers an also send an email to the back office with their complaints. Despite all these processes ABC is facing increasing customer dissatisfaction in the area of resolution of complaints. What might be the reason for this? What would you recommend to improve the quality of the service interaction?
Distinguish between green marketing , cause related marketing, and philanthropy and give an example each. What are the some concerns consumers may have regarding cause- related marketing?
Nike Digital sport, is a new division he company launched in 2010. On one level, it aims to develop devices and technologies that allow users to track their personal statistics in any sport in which they participate. Its best - known product is the Nike+ running sensor, the blockbuster performance- tracking tool developed with Apple AAPL - 0.61%. Some 5 million runners now log on to NKE- 0.62% to check their performance. Last month Digital Sport released its first major follow- up product, a wristbrand that tracks energy output called the Fuel Band. Just rry to recall the last couple of Nike commercials you saw on television. Don't be surprised when you can't Nike's spending on TV and print advertising in he U.S has dropped by 40% in just three years, even as its total marketing budget has steadily climbed upward to hit a record $ 2.4 billion last year. "There's barely any media advertising these days for Nike." says Brian collins, a brand consultant and long time Madison Avenue creative executive.
The reason for the shift is simple: Nike is going where its customers is and its core customer, a 17- year old who spends 20% more on shoes than his adult counterparts, has given up television to skip across myriad online communities. Not only does Nike think it can do without the mega - TV campaigns - may be as closely as it did in its early days, when founder Phil Knight sold track shoes out of his car in the 1960s. That's a major change, Nike CEO Mark Parker explained to Fortune during a recent interview in his tchotchke - filled office in Beaverton. "Connecting used to be," Here's some products, and here's some advertising. We hope you like it', " he says, "connecting today is a
a. Analyse the reasons behind the growing clout of social media in marketing communications.
b. Discuss and debate the advantages that Nike has enjoyed by being an early adopter of digital marketing strategies?
c. Explore the ways in which Nike can further use its digital marketing strategies to reach its target customer base?
Characterize the four broad strategies often employed to market followers to meet their competitors. Take the case of Snapdeal or Flipkart or Amazon.