Marketing 311 Unit 9 Research Paper

Superior Essays
Alex Omar Casado Delgado
Embry-Riddle Aeronautical University
Professor Patricia Beck
Marketing 311

1. Discuss factors used to classify retail establishments and list the types within each classification. A retail establishment is a place in the world of marketing between the manufacturers and the consumer. These retail establishments are organized by their prices, services and what products they are sold in their location. There are some factors that categorize what type of establishment the business really is. For example a general merchandise retailer is that retailer that offers their customers a variety of non-grocery products and will having an extensive inventory available. The convenience stores are a type of general
…show more content…
List and briefly describe the five major promotion mix tools. In the world of marketing, we could use 5 major promotion mix tools in order to advertise the products. These tools are the advertising, public relations, personal selling, sales promotion and direct marketing and businesses use these tools in order to establish a relationship with the customer and persuade them to buy their products. Advertising is a common practice used in the marketing world, which is paid, by a business, person or retailer in order to publish an idea of an idea, good or service designed to influence consumers into their products. Its main goal is to transmit or create a need for the consumer 's for the product or service being marketed. These advertisements could be presented in TV commercials, talk host shows, radio, internet, flying banners, billboards, business cards, magazines, newspaper and any other way that is used for communication. Sales Promotion is tactic use in marketing which purpose is to promote a product for a discounted price, or by using other incentives that attracts consumers resulting in a notable increase in sales for an allotted time. Some examples of big sales promotion are Black Friday and Cyber Monday. Businesses offer different incentives such as discounted products, buy one get one free tactic, coupons, gifts, and other tactics to get the consumers attention into purchasing their …show more content…
Shopping channels like Ideal World TV, QVC, and Home Shopping Mall are some forms used in the UK to direct marketing. These networks sell their products and viewers can call to place orders or order online. Marketers also use infomercials in which has a resemblance of a talk show for 30-60 minutes long. These Infomercials are commercials that resemble 30 or 60-minute long shows. The entire infomercial is an advertisement for the products that are being sold. Marketers offer live demonstrations in their advertisement of the product in order to get the customer

Related Documents

  • Improved Essays

    Once evaluating a replacement look location, franchise analyzes data from varied sources for traffic counts, registered vehicles, replacement rates, population, growth trends, competitive factors, zoning, retail searching patterns, and different applicable factors. The changes of look sizes varies throughout the network from four bay outlets to twelve bay outlets. With this business model, franchise recommends six bays or additional, though everything is subject to the distinctive state of affairs of every market. Franchise franchisees area unit needed to keep up a list that's ample in vary and amount of things to fulfil the general public demand. Franchise maintains strategic alliances with components suppliers to support the franchisee network.…

    • 601 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Swot Analysis For Cabela's

    • 1682 Words
    • 7 Pages

    For example, a few strengths are the large loyal consumer base and large retail stores. By having a loyal base new ventures have some leeway as a portion of the customer base buys Cabela’s because it is simply Cabela’s regardless if products are overpriced. The large retail stores are designed to provide consumers with a memorable experience. Consumers that go to these extravagant retail stores get hands-on experience with the products available. Some of the stores also have restaurants, gift shops and arcades to further the memorable experience for consumers of all ages.…

    • 1682 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    Allround Drug Store

    • 558 Words
    • 3 Pages

    A lot of information was gathered from conducting retail store visits of our partners and seeing how the competition was represented in the marketplace. The differences between drug stores, grocery stores, and mass merchandizers was rather notable. Number of brands sold, shelf space, and pricing were just a few items from our gathered data that deferred when comparing the different types of retail distributors. The depth of and breadth of products that were carried in the drug store we visited fell in the middle between grocery stores and mass merchandizers. The drugstore that we visited carried 26 different brands of medicine comparable with our product, Allround.…

    • 558 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Advertisements aren’t simple a page in a magazine or a thirty second commercial on TV. Advertisements are given to us in many different forms, some of these we might notice, and some we might be completely oblivious to. Some of these different types include: sponsorships, spot advertising, product placements, branded entertainment, and native advertising. All of these types are similar in they are trying to sell us a product, or to get us familiar with a certain brand. But they go about it in different ways.…

    • 491 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    The goal of a product ad is to persuade the audience to buy the…

    • 1265 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Mackenzie Firby’s Two-Fifty-Two Boutique is a women retail store with the value proposition: carrying high quality designer names from all over the world that consumers cannot find anywhere else in Saskatoon and selling them from mid to high prices. Like all businesses, this boutique too has its own strengths, weaknesses, opportunities, and threats. The strengths of the business include convenient location for primary target market, high quality products, striving to provide exceptional customer service, and providing customers with different experiences not offered by competitors such as Aritzia. The primary target market for the boutique is professional women from 30-60. These women most likely have extremely busy lives and would prefer a…

    • 726 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    In “The Language of Advertising” by Charles A. O’Neill he states, “At heart, advertising is nothing more than the delivery system for salesmanship, something that is woven into the fabric of our society.” (371) Businesses are always trying to make more money. O’Neill does this by having a deal to go with the product that is usually too good to be true, or upselling your already purchased item. The idea is to make the customer feel good about what they are buying. O’Neill would use marketing techniques that will catch someone’s eye either looking in a magazine or on TV.…

    • 304 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    To conduct research, several assumptions are made, to limit the uncontrollable variables. It is assumed that the supposed duopolistic market structure obtains strong barriers to entry which allows firms to be in control of the industry and practice pricing strategies that have direct impact on local retailers. As a corollary, it is also assumed that Coles and Woolworths are not acting as a collusive duopoly, in effect acting as a monopoly which is considered illegal, causing immediate government intervention. This would cause prices to be more steady in effect driving Harris Farm, Mario’s Market and IGA out of the market. Additionally, it is assumed that both Coles and Woolworths are not under strict government regulations which increase the costs of production, thus increase prices and assist local retailers to remain competitive.…

    • 829 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Lemonade Stand Case Study

    • 1521 Words
    • 7 Pages

    Therefore, the aim of such an advertisement would be to promote to encourage increased consumption…

    • 1521 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    Various stores operated by a single company formulates a chain store. These massive businesses are most commonly seen in forms of restaurants, supermarkets, and department stores. The popularity of these large corporations skyrocketed across the globe after it’s first appearance in 1859 and continue to dominate today’s business market. Although retail chains result in negative outcomes, critics are doubtful about it’s complications. Chain stores are inadequate because they chase away local businesses, damage the environment, and weaken local economies.…

    • 533 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    The latter is known internationally for its chain of convenience stores, offering various goods…

    • 882 Words
    • 4 Pages
    Great Essays
  • Decent Essays

    Retail positioning involves making a distinct set of choices for a company that affect the markets that they enter and the consumers who shop in their stores. Deciding where the company should be positioned in the market sets the foundation for making consistent decision about product assortments, services, prices, advertising, store decor, and much more. The combination of all the choices involved in retail positioning can assist in distinguishing one retailer from its many competitors. Nordstrom and Target are two very well-known and established retailers. However, consumers shop at these two store for very different reasons and for very different products.…

    • 481 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Retail positioning aims to provide a competitive edge by differentiating the retailer from its competition. This differentiation can be achieved through retail offerings that appeal to, and are easily identifiable by its target market. This process is done by selecting market segmentations, and matching them to the retail offerings as precisely as possible. The goal is to provide a unique experience that is distinct from its competitors. The luxurious retailer Nordstrom differentiates itself from competition by positioning itself as an upscale fashion store with outstanding customer service, and a multi-channel approach.…

    • 961 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Assessment Task 4: Adjusting the marketing mix 1. What was the key starting point for Parcelforce Worldwide in adjusting the marketing mix? Parcelforce Worldwide is part of the Royal Mail Group and is a leading provider of express parcel deliveries. The company s European delivery partners include General Logistics Systems , a commercial parcel carrier and European Parcels Group , which is a postal parcels company and is part of the Express Mails Services worldwide network and operates in three distinct markets: Business-to-Business services the transportation of parcels and supplies from one company or commercial venture to another.…

    • 1093 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Retailing In India

    • 1875 Words
    • 8 Pages

    This sector has become one of the most booming sector in india. With the growth in the economy, spread of awareness among the consumer, increase in income and heavy customer base , india is becoming one of the most prospective market for the global and domestic retailers. Objective : The pupose of studing this paper is to know about the indian retail industry. It gas identified the factors which has…

    • 1875 Words
    • 8 Pages
    Improved Essays

Related Topics