Unit 7 Bus2201 Principle Of Marketing

Decent Essays
Written assignment unit 7 BUS2201 principle of marketing.
In principle, here are three types of sales promotion strategies’. Push, Pull or a combination of the two. One of the strategies is a promotional strategy which its effort is for make use of a company’s sales force and trade to bring to consumer demand for a product. The involvement of the push promotion strategy to convince the trade intermediate channels to persuade his product through the distribution channels to the ultimate consumer via promotions and personal selling efforts. In this round of business the company may promote its product through a reseller the reseller in turn promotes to another reseller and finally to the consumer. another This means the channel starts from producer
…show more content…
Because the producer sells the product in very low prices and the consumer pays for the product high prices A pull strategy effort is to consumers in order to “pull the product from the manufacturers through the marketing channel. The aim of the company in pull strategy focusing the marketing communications work on consumers assuming that such process stimulates interest and demand for the product at the end-user level. In this case a “pull” selling strategy’ main objective is high spending on advertising and a consumer promotion as well as to build up consumer demand for a product. The “pull” strategy frequently used in a purpose of , to check that the distributors are reluctant to carry a product , the reason in which to get as many consumers as possible to go to retail outlets and request the product which helps pulling it through the channel. There are factors in which the consumer promotion objective role plays to attract the consumers in order to try the product, that also helps to bring the customers from competitors' products, to get the consumers to “load up” on a mature product, and keep as well as to reward loyal customers and build customer relationships. If the strategy is successful, consumers will ask their retailers for the product, the retailers will ask

Related Documents

  • Decent Essays

    This research show a good example of understand and reveal target customer want. It is a useful research for all marketers to do it, and similar a SWOT analysis which is a tool which commonly used to systematically analyze the strategic situation and identify the level of organizations from company’ internal and external environments.(Gao & Peng, 2011). See in Appendix A. Some of the strength, weakness, opportunity and threat are also knew on our research. Moreover, we are have a competitor analysis which is the compare of expect price of Lorna Jane and Lululemon on question six.…

    • 309 Words
    • 2 Pages
    Decent Essays
  • Great Essays

    The marketing tactics that companies use include emotional manipulation and packaged…

    • 1749 Words
    • 7 Pages
    Great Essays
  • Decent Essays

    FIJI Water Case questions answers By Kareem Mohsen ElTair EMBA Batch 36 Student no. 3617 Case Summary FIJI water one of the famous and purest bottled water, bottled at the source (FIJI Island). Delivering a high quality, unique and exotic product direct from the source. Having a very good positioning in the US and Australia.…

    • 703 Words
    • 3 Pages
    Decent Essays
  • Improved Essays

    Marketing Strategy – Distribution The third major marketing mix tool is distribution. The distribution channel is “path through which goods and services travel from the vendor to the consumer or payments for those products travel from the consumer to the vendor” (Investopedia.com, n.d., para.1). Thus, the distribution channel can work in multiple ways, it can work as direct transaction from the vendor to the consumer or it may include several interconnected intermediaries along the way, which can include wholesalers, distributors, agents and retailers. These intermediaries receive the product or service at one pricing point and continually move to the next pricing point, until it reaches the final buyer.…

    • 729 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    The company has decided to use a concentrated marketing strategy for marketing its new product, focusing on demographic and psychographic segmentations. When developing a…

    • 1036 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Lever Case Study Solution

    • 1344 Words
    • 6 Pages

    The company needs to conduct some market research and identify the preferences of the target market before they develop the marketing plan. This should provide the customer with a highlight of the product to gain more customers. (Perreault, Cannon, & McCarthy, 2014 pg 640) The customer preferences may vary according to their culture. It is important to understand the different preferences of consumers.…

    • 1344 Words
    • 6 Pages
    Superior Essays
  • Great Essays

    Marketing strategy for new product (Halal Meat) by McDonald’s Corporation Introduction McDonald’s is a Corporation that mainly deals with processing of hamburgers and their delivery to various destinations. It has over 35,000 branches and is present in over 119 countries. McDonald’s has worldwide customers and, therefore, the introduction of Halal meat by the corporation will not face serious challenges. The Corporation has a well-established marketing chain that it will use to promote their new product (Halal meat). Their vast knowledge in the food sector will help them in proper implementation of their new product.…

    • 1608 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    1. Identify three key characteristics of the marketing concept. Concerned with the identification of the customer’s needs. Organisations must make sure that they know exactly what their customers need if they want to survive and make a profit.…

    • 1787 Words
    • 8 Pages
    Improved Essays
  • Great Essays

    It is essential a business knows when a products time is up and needs renewing or replacing. OrotonGroup during the maturity stage (1990’s) of its fashion designs failed to recognise trends and were viewed as an old demographic. This limited its appeal to the younger demographics which impacted on the success of their overall sales. Businesses also need to keep an eye on competitors. In doing so they must investigate the marketing objectives and strategies of major competitors and assess how successful their operations are.…

    • 1111 Words
    • 5 Pages
    Great Essays
  • Improved Essays

    Elements Of Promotion Mix

    • 5688 Words
    • 23 Pages

    The Promotions Mix Let us look at the individual components of the promotions mix in more detail. We must remember all of the elements are integrated to form a specific communications…

    • 5688 Words
    • 23 Pages
    Improved Essays
  • Improved Essays

    Money: Cowsmoo Milk Bar wants to try and minimize start-up cost, in doing so our communication expense must be kept at a minimal. One of the reasons we want to do this is because consumers might already be familiar with most ice cream and dairy products around the surrounding community. Furthermore, another reason we want to keep our cost low is because the products we are selling will be at low cost to our customers. We don’t want to waste money trying to grab the consumers’ attention on products they already know about. We are, however, willing to spend money on best communication strategies for our employees to enhance all areas of customer service.…

    • 1496 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Product Strategy Let me Cater to you is a personal chef and catering service located in Fayetteville, North Carolina. It has a dining room that is available to host private events and the restaurant is open four days a week, providing comfort food for lunch. The company orchestrates receptions, corporate functions, holiday parties, etc from the casual to the elegant level. Chef Judy and her staff lives up to their mission statement by tailoring all of their services to fit any venue to fit your unique need. Market Analysis…

    • 1042 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Critics claim that traditional marketing concepts and methods developed over decades are based exclusively on transaction (Brodie et al., 1997; Juttner & Wehrli, 1994). Not only strategic marketing approaches, but also cooperative marketing instruments (e.g. product merchandising, pricing, sales promotion etc) are accordingly aimed at the initiation of transactions with customers often not even clearly defined. Transaction marketing has faced numerous setbacks with respect to the philosophy, the structuring of instruments and the marketing organization. Customer needs have always been at the core of deliberations on the marketing philosophy.…

    • 871 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Sandwich Target Market

    • 695 Words
    • 3 Pages

    The target market for my store, since it's a Sandwich shop called The Sub Swap it's for all age groups as everyone has sandwiches now and then. Also, it's mainly for the customers in the local area (Geographic). Also, I will be selling sandwiches, pies and pastries and baked goods, which are gluten free. The purpose of this is because this is the whole aim of creating the business. These are the following types of Sandwiches I will be selling French Dip, Egg Salad, Ham & Cheese, Tuna & Salad, Hamburger Sub, Tuna Melt, Fish Sandwich and Italian Beef. This is because these were the most well known and bought by customer's regularly in Newcastle Upon Tyne.…

    • 695 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    Once the new product has been launched and is widely accepted, the more conservative customers will be easier to sell to. The study take a form of an assessment survey involving a literature review and a survey of managers and sales…

    • 979 Words
    • 4 Pages
    Superior Essays