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Implementing CRM and e commerce
Implementing CRM and e commerce

... “basic function is to attract and retain customers at a profit” (Drucker) “matching a company’s capabilities and the wants of customers in order to achieve the objectives of both parties” (McDonald) “..turning simple ideas into strategy” (Trout) ...
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... recover the loss of that product from other sales of the other items/services that the customer buys from that business. An example of a industry who adopts the loss leader strategy are supermarkets who have weekly promotions, and these discounted items are located next to the higher priced items. S ...
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... transmitted over mobile phones and other mobile devices Order taker- salesperson whose primary function is to facilitate transactions that the customer initiates Technical specialist- a sales support person with high level of technical expertise who assists in product demonstration Missionary salesp ...
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... Communication between the business and customer, making the customer aware that the product is for sale, telling or explaining to them what is the product, making the customers aware of how the product will meet the customers’ needs and persuading them to buy it for the first time or again. The way ...
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... Since economic profits are positive, new firms are attracted to the industry. In particular, a new firm that makes ice cream from the Colorado Rocky Mountains water, ColorIce, enters the industry and demand Janet’s ice cream decreases by 2 at each price. d) Derive a new demand equation for EcoIce. N ...
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... appearance of an object and course new, original, ornamental, and unobvious designs for articles of manufacture. • Like utility patents, design patents provide the inventor with the exclusive right to make, use and/or sell an item having the ornamental appearance protected by the patent. • This kind ...
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... • New product development – develop new products and sell to existing customers • Market development – sell existing products to new customers / markets • Diversification – new products to new markets ...
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... • who you work with and their needs • how you work with them • and you want to influence that. That image can affect:• demand for your services • recruitment of staff (paid and voluntary) • community backing • funding - for good or ill. The traditional ‘4 Ps’ of marketing are:• product • place • pri ...
the economic benefits of marketing
the economic benefits of marketing

... Marketing makes buying easy for customers. Marketing creates new and improved products at lower prices. ...
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Topic 4 powerpoint 2016 MARKETING Powerpoint15

... convenience of internal production  Product oriented: an inward-looking approach that focuses on making products that can be made or have been made for a long time and then trying to sell them; companies quickly lose market share as customers move to product more tailored to customers’ needs. ...
the economic benefits of marketing
the economic benefits of marketing

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IJASCSE, Vol 1 Issue 2, 2012
IJASCSE, Vol 1 Issue 2, 2012

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What is marketing?

... Business buyer buy goods and order to make or resell a product to other at a profit. Business market must demonstrate how their product will help these buyer achieve higher revenue or lower cost. Advertising can play important role ,but the sales force, price and the company reputation for reliabili ...
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Pricing strategies

A business can use a variety of pricing strategies when selling a product or service. The price can be set to maximize profitability for each unit sold or from the market overall. It can be used to defend an existing market from new entrants, to increase market share within a market or to enter a new market. Businesses may benefit from lowering or raising prices, depending on the needs and behaviors of customers and clients in the particular market. Finding the right pricing strategy is an important element in running a successful business.
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