PROMOTIONAL STRATEGY PLANNING FOR DOCI RAMEN
|
|
|
- Ashley White
- 9 years ago
- Views:
Transcription
1 THE INDONESIAN JOURNAL OF BUSINESS ADMINISTRATION Vol. 2, No. 18, 2013: PROMOTIONAL STRATEGY PLANNING FOR DOCI RAMEN Nissa Pratama Putri and Achmad Syarief School of Business and Management Institute Teknologi Bandung, Indonesia itb.ac.id Abstract The culinary world today is growing rapidly along with the progress of time. Doci Ramen is one of the businesses that operate in middle On the other hand, the promising oppurtunity creates a whole different level of competition in this market. With so many competitors offering similar products, Doci Ramen has to come up with an execellent business plan to survive the harsh rivalry. So far, doci rame has not reached its target and still pretty unheard of the study was conducted on Doci Ramen by analysing external an internal factors in order to get the root cause of failure to achieve the revenue target. This research was look up the potential customers dwelling around Jl. Dipatiukur throught focus group discussion, questionnaires and interviews. The research then produced an analysis of potential customers and their consumption patterns,the result of this research are how lack of advertisement and promotions for new comers influenced the fact that not many people will know of the newly established place. Doci Ramen was also focused on the promotional activity that conducted inside the Doci Ramen and intended for consumers who ready know and have visited the Doci Ramen, while the external promotion activites that sould research to reach the potential costumers that has never visited. The result of this research will become the foundation of new business strategy solution on how to create a better brand awareness both in its business to customer by reaching the target market with intergrated marketing commnuncation as weel as in its business to business by building up a good partnership between its business partner. The key objective in this new scheme is to raise public awareness which result better revenue for Doci Ramen in the future. The new promotional strategic implementation will involve the restaurants management with help of teh necessary agents from external resources for duration of one year focusing in B2B and B2C plans. This short term period promotion marketing startegy wiil help Doci Ramen to get its short term goals and aids the Doci Ramen to achieve the intended investment plang in long term Key words: promotion strategy, brand awareness, culinary industry 1. Introduction The culinary world today is growing rapidly along with the progress of time, evidenced by the many forms of new businesses that cultivate the culinary field. This situation is because one of the businesses that still very potential to generate huge profit nowadays is the culinary business. A high level of competition in an attempt to encourage the food trade to have a competitive advantage. According to Porter, competitive advantage strategies that can be performed by business actors are differentiation, cost leadership and focus. Culinary business is a business opportunity that will never die as long as people still need food. Another factor that makes running a culinary business is a change in lifestyle of the people, especially in this case is the city of Bandung, which has begun to open and accustomed to eating outside the home because in addition to efficiency it can also be used as a means of refreshing both with friends and colleagues Doci Ramen engages in the culinary field. Business is built on the basis of hobby, pleasure, and the need to indulge foodies which occusing on Japanese noodle soup, ramen. Doci Ramen was established in 2012, when the culinary trend that was around Japanese food, accordingly the idea to create a dining concept that focuses on ramen shop. Doci Ramen is located at Dipatiukur No. 58A. 2217
2 Situated in the middle of the campus and the university area benefits Doci Ramen as it is easily accessible by student. Doci Ramen has been running for 9 months. If seen from the structure of the organization, Doci is categorized as start ups, so there are many things that should be improved in the face of competition in Bandung's culinary business. rising culinary business in the Bandung has increased the competition in the industry. The culinary business will be asked to create differentiation in order to distinguish between one place to eat with other. Besides competition, shifting consumer behavior affects Doci Ramen income. There are several things that cause the low incomes. One of which is the high level of competition of ramen shop in Bandung and the many eateries located in Dipatiukur Street. In addition, the lack of marketing strategies makes Doci Ramen as entrant failed compete with other senior dining companies, so it is expected that Doci Ramen to have a good strategy to attract consumers. Based on interviews conducted to the owners and staff of Doci Ramen, it was noted that the planned marketing programs by Ramen Doci were still not fully implemented. In the early stages, the management was more focused on maintaining and improving the quality of products and services, while the external marketing program has not been fully implemented. 2. Business Issue Exploration The Business issues that describe in this chapter is lack of awareness in public opposition to the Doci Ramen. In the issue of the business, next analysis conducted by considering the condition of internal and external factors of the Doci Ramen itself. The internal condition consists of companies s analysis and its colaborators, while the condition of external consists of Doci Ramen customer analysis including the analysis of potensial customer, competitor analysis and various context that influence them. The expected from all analysis are can identify the root cause of problems that eventually find appropriate business solution Figure 2.1. Conceptual Framework After performing the previous observation, can be conclude that the Doci Ramen at the level brand recognition. The respondents were aware of any type of ramen, but when the respondents is asked to mention some of ramen tavern the respondents did not mention Doci Ramen as ramen tavern that respondents know, but they know that there is ramen tavern called Doci Ramen. The problems that result from the analysis is low traffic divide into two parts, there are external traffic and internal 2218
3 traffic. On the internal causes of the lack visitors traffic is still a lack of brand awareness among potential customers and promotional activities that have still not been fullest run. Lack of brand awareness of Doci Ramen resulted in top of mind is still low or is still in brand recognition level. Promotional activities that have been carried out in the internal only, whereas promotional activities that engage the potential costumer has not done because Doci Ramen is not the tools of IMC as means of promotion activities in Doci Ramen. On the external part of the problem is high bargaining power of buyers resulting in a level business competitors between the higher replacement products from products offered by Doci Ramen. 3. Business Solution The previous chapter explores the company s internals functional capabilities and external conditions. The root cause is obtained from business exploration that has been done is less of marketing communication planning that have been made by Doci Ramen and low the top of mind doci rame causes the target sales difficult to achieve. According to root cause, there are two alternatives business solution that can be done to increase brand awareness and revenue improvements that is Doci Ramen promotion carried out ti the target business to consumers (B2C) and business to business (B2B) Promotion strategy used to approachthe B2C target is using integrated marketing communication (IMC). IMC activities that can be used as an alternatives to be promotion is the advertisment, sales promotion/in store promotion, WOM and event marketing. Promotion strategy that can be usude to approach the B2B target is using partnership. 4. Implementation Plan In this chapter will be provide about implementation promotion strategies. In this chapter will discuss about the implementation plan, which strategy promotion will be run that have been described in the previous chapter. Implementation plan for promotional activities that have been previously selected for either the business to customer (B2C) and business to business (B2B) performed in national scale carried out in particular in the city of Bandung and carried out within a period of 1 year. Promotional activities for the selected system B2C are advertising, sales promotion, word of mouth and event marketing, and otherwise promotional activities were selected for the B2B system is a partnership. The following is promotioanl action plan for Doci Ramen Action Plan External resources Event marketing Brosur advertisment Brand In store promotion Word of Mouth Marketing management Product Member card Brosur Figure 4.1. Action Planning Scheme of Doci Ramen Promotional Strategy 2219
4 Activities advertising that has been chosen to be perceived and also can support promotional activities Doci Ramen consists of electronic media radio, brochure and the internet. This function is chosen because it is considered to be in accordance with the target consumer Doci Ramen that students and employees The spread brochure divided into two groups which is the A group is potential consumer who had activity around Dipati Ukur street. For A group a brochure dealt once a month. Group b is traveler who came to Bandung at the weekend. To category B brochures are dealt each once a week. Promotional activities made via internet media divided into three elements activities which were through the website are valid for 1 year, Communication activities through twitter buzzer (at)infobandung and (at)kulinerbandung that be done by turns. Promotion activities selected is customer promotion Where the goals for this strategy is to get new consumer and retain existing customer. Customer promotion activity selected is the program discount, vouchers, special menu packages and member card. This activities are potential considered can attract and retain the exisiting customer For promotional activities using word of mouth strategy, promotional activities held each month for one year. For the program event, marketing Doci Ramen will follow several events times in a year Conclusion The level of Awareness the Doci Ramen is a newcomer to the world of culinary business can be said still very low when compared with competitors in the culinary industry. It is one of the factors sales goals Doci Ramen are not fulfilled. But based on the results of research and analysis that has been done, potential customer Doci Ramen big enough. The level of competition at a very high culinary business right now, makes Doci Ramen should be able to determine the strategy for communication and promotion strategy to be able to reach potential customers and retain existing customers. Based on the results of the analysis of Doci Ramen, identifying if Doci Ramen strategy promotion still being lack, so has not been able to reach a potential customer that Doci Ramen wants. And so to solve the problem solution proposed to Doci Ramen is by doing a strategy of promotion proper. Based on the results of the analysis that the marketing communication strategy to the customer or business partner is a long term investment for a business venture and corporate. This is besides can fulfill Doci Ramen main target, also can raising awareness Doci Ramen in society, in further, promotional activities is expected to increase consumer loyalty that ultimately can increase revenue of Doci Ramen Reference Aaker,1991, Managing Brand Equity, New York: The Free Press Belch an Belsch, 2004, Advertising and Promotion : an Integrated Marketing Communication Perspective, New York: Mc Graw Hill Bungin, B 2001, Metode Penelitian Kuantitatifm Aktualisasi Metodologis ke arah Ragam Varian Kontemporer, Jakarta: PT Raja Grafindo Persada Clow, Kenneth E & Back, Donald, 2007, IMC : integrated Advertising, Promotion, and Marketing Communication, New Jersey, Pearson Prentice Hall Duncan, Tom 2002, IMC Using Advertising and Promotoion to Build Brand, New York: McGraw Hill Keller, Kevin Lane 2008, Strategic Brand Management Building, Measuring and Managing Brand Equity, New Jersey,: pearson Prentice Hall Kotler, Phillip & Keller Lane, 2006 Marketing Management 12th edition, New Jersey : pearson Prentice Hall Kotler & Pfoertsch, 2006, B2B Brand Management, Heudelberg ; Buana Ilmu Populer Kurtz, David L, 1991, Professional Selling 6th Edition: IRWIN 2220
5 Lovelock, Christophere, Joschen Wirtz, 2010, Service Marketing 7th Edition, New Jersey : Pearson Prentice Hall Sugiono, 2009, Metode Penelitian, Bandung Alvabeta Zimmerman, Jan, 2010, Social Media Marketing All In One, New Jersey: John Wilet & Sons, Inc. Website Economic 2013, in Price of raw material, Quoted 20 March harga daging diindonesia disebabkan uu no18 tahun html Techno, 2013 In search Internet User in Indonesa, Quoted 25 March internet indonesia mencapai 61 juta orang pertahun 2012/34990 Disparbud,2013, in search of Bandung tourism,quoted 15 March l&id=661 Detik.com,2013, in search of Bandung tourism,quoted 13 march 2013 Februaryhttp://bandung.detik.com/read/2013/01/01/154147/ /486/disparbudbandung targetkan kunjungan 8 juta wisatawan di 2013 Investor.2013, in search of industry creative, Quoted 13 April beri pendapatan terbesar bagi industrikreatif/49205 Beritasore.2013, prediction economic growth,quoted 15 April dunia prediksi pertumbuhan ekonomi 63 persen/ Dailysocial,2013, In search of internet user growth, Quoted 13 April content/uploads/2012/11/mp Netizen Survey 2013.jpg 2221
Branding a Business School: the Intersection of Scholarship and Practical Experience
Branding a Business School: the Intersection of Scholarship and Practical Experience OVERVIEW Christine Wright-Isak, Ph.D. Assistant Professor of Marketing Florida Gulf Coast University Branding is a business
Brand Management in Business to Business Markets - Particularities of Business to Business Markets, Branding and Brand Equity -
Brand Management in Business to Business Markets - Particularities of Business to Business Markets, Branding and Brand Equity - Lecturer Andrei BUIGA PhD Assistant Raluca DRAGOESCU PhD Student ARTIFEX
THE OPEN UNIVERSITY OF TANZANIA FACULTY OF BUSINESS MANAGEMENT MBA COURSE OUTLINE
THE OPEN UNIVERSITY OF TANZANIA FACULTY OF BUSINESS MANAGEMENT MBA COURSE OUTLINE OME 611- STRATEGIC MARKETING INTRODUCTION: As a result of accelerating technological change and the growth of international
Integrated Marketing Communications Strategies on Brand Performance: A Study on Three Private Institutions in Ghana
Integrated Marketing Communications Strategies on Brand Performance: A Study on Three Private Institutions in Ghana Introduction EUNICE AKORFA ADIKO EUNICE AKORFA ADIKO holds an MPhil in Communications
IDENTIFYING MARKETING PUBLIC RELATIONS STRATEGIES IMPLEMENTED IN PRIVATE UNIVERSITIES FOR INCREASING STUDENTS INTAKE IN CENTRAL JAVA - INDONESIA
IDENTIFYING MARKETING PUBLIC RELATIONS STRATEGIES IMPLEMENTED IN PRIVATE UNIVERSITIES FOR INCREASING STUDENTS INTAKE IN CENTRAL JAVA - INDONESIA Lina Sinatra Wijaya, Faculty of Information Technology,
THE IMPORTANCE OF BRAND AWARENESS IN CONSUMERS BUYING DECISION AND PERCEIVED RISK ASSESSMENT
THE IMPORTANCE OF BRAND AWARENESS IN CONSUMERS BUYING DECISION AND PERCEIVED RISK ASSESSMENT Lecturer PhD Ovidiu I. MOISESCU Babeş-Bolyai University of Cluj-Napoca Abstract: Brand awareness, as one of
BRAND BUILDING THROUGH SEARCH ENGINE OPTIMIZATION: AN IMC TOOL
BRAND BUILDING THROUGH SEARCH ENGINE OPTIMIZATION: AN IMC TOOL Author s Name: Swati Gupta Author s Name: Geetanjali Gulati Department: Amity School of Business Name of Organization: Amity University, Uttar
MARKETING. Division of Marks. Ext. Int. Total. MM-301 Advertising Management 70 30 100 3Hrs. MM-302 Sales Management 70 30 100 3Hrs.
MARKETING Course Code Course Title Division of Marks Ext. Int. Total Duration Of Exams MM-301 Advertising Management 70 30 100 3Hrs. MM-302 Sales Management 70 30 100 3Hrs. MM-303 Product and Brand Management
MARKETING STRATEGY FOR 3M PPE PRODUCTS AT COAL MINING IN EAST KALIMANTAN
THE INDONESIAN JOURNAL OF BUSINESS ADMINISTRATION Vol. 2, No. 9, 2013:1033-1042 MARKETING STRATEGY FOR 3M PPE PRODUCTS AT COAL MINING IN EAST KALIMANTAN Fiqi Dipowicaksono and Satya Aditya Wibowo School
Comparing Brand Equity of Digital Single Lens Reflex (DSLR) Camera. Abstract. Pramote Suppapanya 1 * Santi Boonkert 2
768 วารสารว จ ย มข. 15 (8) : ส งหาคม 2553 (DSLR) Camera Pramote Suppapanya 1 * Santi Boonkert 2 Abstract The objective of this study is to compare brand equity of Digital Single Lens Reflex (DSLR) cameras
CHAPTER I THE BACKGROUND
CHAPTER I THE BACKGROUND 1.1 Background of the Business Culinary business is a never-ending business to run because everyone needs food and always eats. It makes many culinary businesses grow rapidly.
EVALUATION AND MEASUREMENT IN MARKETING: TRENDS AND CHALLENGES
EVALUATION AND MEASUREMENT IN MARKETING: TRENDS AND CHALLENGES Georgine Fogel, Salem International University INTRODUCTION Measurement, evaluation, and effectiveness have become increasingly important
PROPOSED MARKETING STRATEGY FOR QWORDS.COM WEB HOSTING
THE INDONESIAN JOURNAL OF BUSINESS ADMINISTRATION Vol. 1, No. 8, 2012: 538-548 PROPOSED MARKETING STRATEGY FOR QWORDS.COM WEB HOSTING Muhammad Fajar 1 ; Reza A. Nasution 2 ; Riawan B. Paramarta 3 School
Marketing (Marketing Principles)
Marketing (Marketing Principles) Main Aim(s) of the Unit: To provide students with a foundation for the analysis of marketing within organizations including decision making processes, segmentation, the
MARKETING INTERMEDIATE LEVEL
Syllabus MARKETING INTERMEDIATE LEVEL Proposed for examinations sessions starting May 2017 INTERMEDIATE Level, Marketing, MATSEC 1 Syllabus objectives The syllabus is intended to encourage candidates to:
Agricultural Marketing. Direct Marketing Strategies and Opportunities. Commodity or Niche? MARKETS DEFINED
Direct Marketing Strategies and Opportunities Mykel Taylor Assistant Professor Dept. of Agricultural Economics NCKS Commercial Enterprises Conference February 25, 2012 Agricultural Marketing Commodity
ISSN: 2321-7782 (Online) Volume 2, Issue 4, April 2014 International Journal of Advance Research in Computer Science and Management Studies
ISSN: 2321-7782 (Online) Volume 2, Issue 4, April 2014 International Journal of Advance Research in Computer Science and Management Studies Research Article / Paper / Case Study Available online at: www.ijarcsms.com
Syllabus BA 4722 Marketing Strategy METU Department of Business Administration
Syllabus BA 4722 Marketing Strategy METU Department of Business Administration Instructor: Cengiz Yılmaz Office: H106 Office Hours: Monday-Wendesday 13:00-14:00 Phone: 3066 Course Materials: http://uk.groups.yahoo.com/group/yilmazcourses/
Rural Economy - Rural - Urban disparities-policy interventions required - Rural face to Reforms. The Development exercises in the last few decades.
MBAE 451 RURAL MARKETING Course Objectives To help the students understand and appreciate the differences and similarities between urban and rural Indian markets. To make them understand and develop marketing
Analyze the Hotel Industry in Porter Five Competitive Forces
Analyze the Hotel Industry in Porter Five Competitive Forces Dr. David S. Y. Cheng, Faculty (Business) Upper Iowa University Hong Kong Campus ABSTRACT This article is going to discuss the strengths and
Course Description Applicable to students admitted in 2015-2016
Course Description Applicable to students admitted in 2015-2016 Required and Elective Courses (from ) COMM 4820 Advertising Creativity and Creation The course mainly consists of four areas: 1) introduction
The Effectiveness of Trade Shows in Global Competition
ISSN 2286-4822, www.euacademic.org The Effectiveness of Trade Shows in Global Competition JONIDA KELLEZI European University of Tirana Tirana, Albania Abstract: Trade shows industry has experienced a rapid
Masters in Engineering and Management of Technology Masters in engineering Design Introduction to Entrepreneurship and New Venture Creation
Masters in Engineering and Management of Technology Masters in engineering Design Introduction to Entrepreneurship and New Venture Creation Rui Baptista The Structural Analysis of Industries What is Strategy?
COURSE TITLE: «MARKETING AND ADVERTISING» (PROFESSIONAL ENGLISH)
COURSE SYLLABUS (SAMPLE) COURSE TITLE: «MARKETING AND ADVERTISING» (PROFESSIONAL ENGLISH) COURSE LEVEL: Intermediate / Upper-Intermediate COURSE DURATION: 10-12 weeks (for Intermediate-level), 8-9 weeks
Effect of Sales Promotion as a Tool on Organizational Performance (A case Study of Sunshine Plastic Company)
Journal of Emerging Trends in Economics and Sciences (JETEMS) 2 (1): 9-13 Scholarlink Research Institute Journals, 2011 (ISSN: 2141-7024) jetems.scholarlinkresearch.org Journal of Emerging Trends Economics
The Implementation of Customer Relationship Management: Case Study from the Indonesia Retail Industry
ICSIIT2015, 047, v1 (final): The Impact of C... 1 The Implementation of Customer Relationship Management: Case Study from the Indonesia Retail Industry Leo Willyanto Santoso 1, Yusak Kurniawan 1, Ibnu
Market Research: 8 Sure-Fire Ways to Make Sure Your Business, Product or Service Idea is Successful from the Start!
Market Research: 8 Sure-Fire Ways to Make Sure Your Business, Product or Service Idea is Do you have a business, product, or service idea that you want to put to the test? Inside you ll learn how to: Figure
The Role of Integrated Marketing Communications (IMC) in Absorbing Tourists: A Case Study in Kish Island
The Role of Integrated Marketing Communications (IMC) in Absorbing Tourists: A Case Study in Kish Island Nazanin Sadat Fatehi Department of Tourism Management, University of Tehran, International campus,
Marketing Communications Lecture 1 Introduction. Marketing Communications theory Marketing communications industry Ethics in marketing communications
Marketing Communications Lecture 1 Introduction Marketing Communications theory Marketing communications industry Ethics in marketing communications Definition Marketing communications is a management
FACTORS AFFECTING CUSTOMER LOYALTY IN BUSINESS E-COMMERCE: A CASE OF INDONESIA
FACTORS AFFECTING CUSTOMER LOYALTY IN BUSINESS E-COMMERCE: A CASE OF INDONESIA 1 TOGAR ALAM NAPITUPULU, 2 HENDRA CIPTA ADITOMO 1 Lecturer, Graduate School, Bina Nusantara University, Indonesia 2 Former
Take Online Lead Generation to the Next Level
Take Online Lead Generation to the Next Level 5 Ways to Capture New Market Niches By: Deven Pravin Shah WSI Internet Marketing Consultant Overview Many business owners ask the same questions about capturing
An Analysis of Inventory Management of T-Shirt at Mahanagari Bandung Pisan
www.sbm.itb.ac.id/ajtm The Asian Journal of Technology Management Vol. 3 No. 2 (2010) 92-109 An Analysis of Inventory Management of T-Shirt at Mahanagari Bandung Pisan Togar M. Simatupang 1 *, Nidia Jernih
Food & Coffee Offers New Ideas to Drive Non Fuel Income
RPS Energy is part of RPS Group, a FTSE 250 company with a turnover of $700m. RPS Energy is one of the world s leading suppliers of independent commercial advisory services, project management support,
OPEN UNIVERSITY OF TANZANIA FACULTY OF BUSINESS MANAGEMENT
1 OPEN UNIVERSITY OF TANZANIA FACULTY OF BUSINESS MANAGEMENT OME 512: MARKETING MANAGEMENT COURSE OUTLINE INTRODUCTION This course introduces students to the concepts and principles marketing management.
5 KEYS [ ] to Successfully Tracking Customer Experience. Are you delivering a top-notch customer experience that <keeps them coming back?
Are you delivering a top-notch customer experience that
Marketing for Hospitality
Unit 18: Marketing for Hospitality Unit code: T/601/0487 QCF Level 3: BTEC National Credit value: 10 Guided learning hours: 60 Aim and purpose The aim of this unit is to enable learners to gain knowledge
Course Outline. BUSN 5050/1-3 Marketing Management (3,0,0)
Course Outline Department of Marketing, International Business, Entrepreneurship School of Business and Economics BUSN 5050/1-3 Marketing Management (3,0,0) Calendar Description Students examine the key
Customer Relationship Management: an Organizational Survival Approach to Perceive Customer Loyalty
Customer Relationship Management: an Organizational Survival Approach to Perceive Customer Loyalty Dr. Mehran Molavi1, Ayub Nahardah2 1-Department of Public Administration, College of Human Sciences, Mahabad
ONE YEAR PG DIPLOMA COURSE IN THE FACULTY OF COMMERCE
Appendix -A COURSE AND EXAMINATION SCHEME POST GRADUATE DIPLOMA IN MARKETING MANAGEMENT (PGDMM) ONE YEAR PG DIPLOMA COURSE IN THE FACULTY OF COMMERCE Sr. No. Subject Course Scheme No.of Credits Examination
Inbound Marketing The ultimate guide
Inbound Marketing The ultimate guide La Casita Del Cuco.EBOOK Inbound Marketing - The ultimate guide Version _ 02 Date _ September 2015 Introduction Inbound Marketing is a marketing philosophy which has
Determining the Integrated Marketing Communication Tools for Different Stages of Customer Relationship in Digital Era
Determining the Integrated Marketing Communication Tools for Different Stages of Customer Relationship in Digital Era Amir Ekhlassi, Vahid Maghsoodi, and Shiva Mehrmanesh Abstract The purpose of this paper
The Importance of Trust in Relationship Marketing and the Impact of Self Service Technologies
The Importance of Trust in Relationship Marketing and the Impact of Self Service Technologies Raechel Johns, University of Canberra Bruce Perrott, University of Technology, Sydney Abstract Technology has
Procedia - Social and Behavioral Sciences 197 ( 2015 ) 2080 2085
Available online at www.sciencedirect.com ScienceDirect Procedia - Social and Behavioral Sciences 197 ( 2015 ) 2080 2085 7th World Conference on Educational Sciences, (WCES-2015), 05-07 February 2015,
Campaign Creative Development, Production and Trafficking
MARKETING BRIEFING DOCUMENT NAME OF BRIEF: INTERGRATED MARKETING AGENCY BREIFING DATE: 10 August 2012 PURPOSE The purpose of the brief is to seek the services of an Advertising Agency to assist in the
(Relevant to Paper II -- PBE Management Accounting and Finance)
analysis and accounting (Relevant to Paper II -- PBE Management Accounting and Finance) Dr Fong Chun Cheong, Steve School of Business, Macao Polytechnic Institute Every day we see competition in products
Context Analysis and Promotional Objectives of Fitness First. Word Count: 500. William Hanrahan Student Number: 060953199 6-Feb-08
Context Analysis and Promotional Objectives of Fitness First Word Count: 500 6-Feb-08 Promotional Objectives With the background information I have given in this assignment, I have created a key objective
Importance of Promotional and Marketing Strategies in Micro, Small and Medium Enterprises (MSME)
Importance of Promotional and Marketing Strategies in Micro, Small and Medium Enterprises (MSME) Satyendra Arya Avinash Rajkumar Dr. Rajiv Verma Sr. Lecturer (TMIMT) Lecturer (TMIMT) Associate Professor(TMIMT)
Marketing Mix, Not Branding
Marketing Mix, Not Branding Waheed Riaz Bachelors Business Administration (Marketing) Department of Management Sciences The Islamia University of Bahawalpur, Pakistan E-mail: [email protected] Asif
GCSE Business Studies
GCSE Business Studies Unit 2: Investigating small business Controlled Assessment 25% of final grade Name Teacher Page 1 of 15 GCSE BUSINESS STUDIES UNIT 2: Investigating small business CONTROLLED ASSESSMENT
OPEN UNIVERSITY OF TANZANIA FACULTY OF BUSINESS MANAGEMENT
OPEN UNIVERSITY OF TANZANIA FACULTY OF BUSINESS MANAGEMENT OME 211: PRINCIPLES OF MARKETING COURSE OUTLINE INTRODUCTION This course introduces students to the concept and principles of marketing. In doing
THE COMPETITIVE ADVANTAGE THEORY AS A GROWTH STRATEGY
THE COMPETITIVE ADVANTAGE THEORY AS A GROWTH STRATEGY Management Marketing - Tourism Ec. Ecaterina Nicoleta Ciurez Ph.D University of Craiova, Faculty of Economics and Business Administration, Craiova,
A STUDY ON THE AWARENESS OF CONSUMPTION OF HEALTH FOOD DRINKS BY CHILDREN, ADOLESCENTS AND YOUNG ADULTS WITH SPECIAL REFERENCE TO WORIYUR
A STUDY ON THE AWARENESS OF CONSUMPTION OF HEALTH FOOD DRINKS BY CHILDREN, ADOLESCENTS AND YOUNG ADULTS WITH SPECIAL REFERENCE TO WORIYUR Gomathy Muthu [email protected] ABSTRACT- A consumer s decision
Key Terms. DECA Ryerson 2015-16 Case Guides Business to Business Marketing
Key Terms Acquisition Costs: The incremental costs involved in obtaining a new customer. Agent: A business entity that negotiates, purchases, and/or sells, but does not take title to the goods. Benchmark:
Module - 6 CONSUMER BEHAVIOR
Module - 6 CONSUMER BEHAVIOR Sangeeta Sahney Assistant Professor, Indian Institute of Technology Kharagpur, India Email. [email protected] Joint Initiative IITs and IISc Funded by MHRD - 1 -
MASTER OF ARTS MANAGEMENT
The Master of Arts Management degree is taught at the world renowned Sydney Opera House. MASTER OF ARTS MANAGEMENT COURSE STRUCTURE To become eligible to graduate with a Master of Arts Management degree,
MANDARIN ORIENTAL HOTEL GROUP REPORT SUMMARY
MANDARIN ORIENTAL HOTEL GROUP REPORT SUMMARY THE COMPANY Established in Hong Kong in 1963. Mandarin Oriental Hotel Group is an international hotel investment and management group operating ten hotels in
The Impact of Consumer Interactions in Social Networking Sites on Brand Perception
IBIMA Publishing Journal of Internet and e-business Studies http://www.ibimapublishing.com/journals/jiebs/jiebs.html Vol. 2015 (2015), Article ID 197131, 7 pages DOI: 10.5171/2015.197131 Research Article
LAUNCHING OF A NEW PRODUCT WITH THE BRAND EXTENSION STRATEGY
LAUNCHING OF A NEW PRODUCT WITH THE BRAND EXTENSION STRATEGY Tina Vukasovič International School for Social and Business Studies, Celje, Slovenia [email protected] Abstract: The main purpose of this
MARKETING MANAGEMENT & STRATEGY
MARKETING MANAGEMENT & STRATEGY Equivalent QCF level: Level 7 Credit Value: 30 Learning time (hours): 300 UNIT PURPOSE This unit provides the learner with an understanding about the importance of creating
- It has been projected that mobile devices will overtake desktops by 2015. - Mobile app industry is expected to grow 1000% to 58 billion by 2015
Mobile has taken the world by storm largely because of the applications that users are able to download and use on their smart phones. They provide instant information and provide customers with a direct
THE IMPORTANCE OF BRANDING AND REBRANDING FOR STRATEGIC MARKETING
Bulletin of the Transilvania University of Braşov Series V: Economic Sciences Vol. 7 (56) No. 2-2014 THE IMPORTANCE OF BRANDING AND REBRANDING FOR STRATEGIC MARKETING Raluca-Dania TODOR 1 Abstract: The
Mobile Advertising Market - India
Mobile Advertising Market - India February 2015 Executive Summary Market Overview Global market size of mobile advertising stood at INR a1 bn in 20--, growing at a CAGR of a2% from the previous year Market
CUSTOMER SERVICE THE IMPORTANT GOAL OF LOGISTICS
CUSTOMER SERVICE THE IMPORTANT GOAL OF LOGISTICS Associate Professor Adriana SCRIOŞTEANU, PhD University of Craiova Faculty of Economics Craiova, Romania Professor Daniela POPESCU, PhD University of Craiova
Development of Media-Based Learning Animation for Mathematics Courses in Electrical Engineering, University Riau Kepulauan
Vol. 3, Issue 10, October 201 ISSN (Online) : 2278-1021 ISSN (Print) : 2319-590 Development of Media-Based Learning Animation for Mathematics Courses in Electrical Engineering, University Riau Kepulauan
IMPACT OF GENDER ON CONSUMER PURCHASE BEHAVIOUR
IMPACT OF GENDER ON CONSUMER PURCHASE BEHAVIOUR Swarna Bakshi Assistant Professor, Amity School of Business, Amity University, Noida Email: [email protected] ABSTRACT Men and women due to their different
Updating Little Caesars Brand and Market Presence
Updating Little Caesars Brand and Market Presence Table of Contents Executive Summary... 3 Company Description... 3 Company Mission and Goals... 4 Company s Core Competencies... 4 Situation Analysis...
2011 Adebisi Sunday A., Babatunde Bayode O. STRATEGIC INFLUENCE OF PROMOTIONAL MIX ON ORGANISATION SALE TURNOVER IN THE FACE OF STRONG COMPETITORS
2011 Adebisi Sunday A., Babatunde Bayode O. 343 STRATEGIC INFLUENCE OF PROMOTIONAL MIX ON ORGANISATION SALE TURNOVER IN THE FACE OF STRONG COMPETITORS Adebisi Sunday. A (Ph.D) Department of Business Administration,
Importance of Brand Awareness and Brand Loyalty in assessing Purchase Intentions of Consumer
Importance of Brand Awareness and Brand Loyalty in assessing Purchase Intentions of Consumer Prof. Dr. Muhammad Ehsan Malik 1 Muhammad Mudasar Ghafoor 2 Hafiz Kashif Iqbal 3 Usman Riaz, Noor ul Hassan,
Tim Horton s unveils concept store The coffee maker experiments with beer and unisex washrooms David Friend, The Canadian Press July 17, 2014
Tim Horton s unveils concept store The coffee maker experiments with beer and unisex washrooms David Friend, The Canadian Press July 17, 2014 TORONTO If a pint of coffee-flavored beer gets you salivating,
PRE-PROPOSAL GUIDE: MARKETING CAMPAIGN OR PROGRAM
PRE-PROPOSAL GUIDE: MARKETING CAMPAIGN OR PROGRAM 01 02 03 04 05 06 WHY IT MATTERS GETTING STARTED STRATEGY CONCEPT PLAN TYPICAL INVESTMENT AND TIMEFRAME 01. WHY IT MATTERS When you re revamping a marketing
E-Commerce Business Models and Concepts
Copyright 2002 Pearson Education, Inc. Slide 2-1 E-Commerce Business Models and Concepts Created by, David Zolzer, Northwestern State University Louisiana Learning Objectives! Identify the key components
International Journal of Advance Research in Computer Science and Management Studies
Volume 3, Issue 11, November 2015 ISSN: 2321 7782 (Online) International Journal of Advance Research in Computer Science and Management Studies Research Article / Survey Paper / Case Study Available online
Digital Marketing VS Internet Marketing: A Detailed Study
Digital Marketing VS Internet Marketing: A Detailed Study 1 ATSHAYA S, 2 SRISTY RUNGTA 1,2 Student- Management Studies Christ University, Bengaluru, Karnataka, India Abstract: The article talk about digital
Marketing: Helping Buyers Buy
Chapter Thirteen Marketing: Helping Buyers Buy McGraw-Hill/Irwin Copyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved. CRICKET LEE Fitlogic Developed a system of clothes sizing called
Coca-Cola Case Analyses. <Student Name> <Name and Section # of course> <Instructor Name> <Date>
Running Head: COCA-COLA CASE Coca-Cola Case Analyses Coca-Cola Case 2 Coca-Cola Case Analyses This paper is about the company Coca-Cola
Mapping Hospital Growth Through Strategic Service Promotion Management
World Journal of Social Sciences Vol. 2. No. 6. September 2012 Issue. Pp. 101 112 Mapping Hospital Growth Through Strategic Service Promotion Management 1. Introduction Sanjay Bhalerao* and Rajendra Singh**
CUSTOMER RELATIONSHIP MANAGEMENT
Rajević D., Draganić T. RAJEVIĆ DRAGAN 1, DRAGANIĆ TRIPKO 2 1 Faculty for Education of the Executives, Novi Sad, Serbia 2 Faculty for strategic and operational management, Belgrade, Serbia A Chinese proverb
Learning Objectives. Creative Planning Essentials. Learning Objectives (cont.) Advertising Plan. Creative Development Process. Client Responsibility
CHAPTER 5 Creative Planning Essentials Learning Objectives Identify communications process elements Distinguish between client & agency responsibilities in creative development Explain creative development
Application of Porter s Five Forces Model Paper
Application of Porter s Five Forces Model Paper Example 1: Fast Casual Industry The Porter s Five Forces Model illustrates how the competitive landscape in an industry is impacted by five prominent forces.
THE POLISH BUSINESS ENVIRONMENT FOR LANGUAGE SERVICE PROVIDERS IN VIEW OF THE PORTER S FIVE FORCES MODEL
International Journal of Emerging and Transition Economies Vol. 5, No. 1-2, 2012, 57-64 THE POLISH BUSINESS ENVIRONMENT FOR LANGUAGE SERVICE PROVIDERS IN VIEW OF THE PORTER S FIVE FORCES MODEL Monika Kowalska
Checklist: Are you ready for ecommerce?
ORGANIZATION 1. Please provide your e-mail address so we can mail your results: 2. ebusiness Plan in Place? An e-business plan is much the same as any business plan where the business concept, its financials,
Market Research Methodology
Market Research Methodology JANUARY 12, 2008 MARKET RESEARCH ANALYST Market Research Basics Market research is the process of systematic gathering, recording and analyzing of data about customers, competitors
Chapter 2: Analyzing a Dealership s Financial Statements & Operations
Chapter 2: Analyzing a Dealership s Financial Statements & Operations To analyze a dealership s operations, a close look must be taken at the day to day operations as well as examining the dealership s
