Marketing Essays

The new product is 20% less heavy than the existing ones and consumes 30% less power than the existing products in the range. As a result, this product will be one of the most revenue-generating products for the company shortly. This will also be the most environmentally friendly product ever developed by G Electronics.

The idea could be accepted as a valid one or would be put for more discussions. This need for critical perspective is crucial in any field, and marketing is no exception, with critical marketing being existent from mid 20th century. That is, according to Moufahim and Mitussis (2009) “Critical marketing is a well-established field within marketing, with its own research agenda and community of scholars.

Toyota Motor Corporation (Toyota Australia) deals with the manufacture and sale of automobiles. Toyota automobiles are widely preferred due to their great efficiency in the oil system, which makes them cheap to maintain, and more environmentally friendly. Toyota Motor Corporation (Toyota Australia) is a branch of Toyota Japan, a global company.

Consumers often buy low-quality products because they were “deceived” by the advertisement. This happens because a majority number of individuals just trust tons of beautiful fonts, and words on the advertisement without making any further research about the products. The importance of the sensory receptors (eyes, ears, nose, mouth, and skin) plus peer pressure play an important role in irrational buying.

Economic factors These are factors that impact how the business is run, and its decisions. Economic factors include interest rates, exchange rates, and inflation rates (UKessays.co.uk, 2003). Due to the global economic crisis, Toyota decided to narrow down its scope of business and base its focus on the core business.

In Coca-Cola Company, there was poor judgment during the interpretation of research planning strategies by the managers. The poor judgment occurred when they found sixty percent of consumers who preferred the new Coke taste and this led to an assumption that the new coke would be the solution to their problem.

Recommendations Small and medium, scale industry is growing day by day, and, most importantly, the industry is contributing a major part to countries’ economic development. It is the most potential industry that needs to be carefully handled. In order to improve the business performance in this rapidly changing competitive business environment, the SMEs should adopt the marketing auditing in their business.

It seems that marketing could help the business to increase its performance but only under the terms that all the phases of the relevant plan will be closely monitored. Cooperation with a professional in the marketing industry would increase the chances for the success of the above initiative.  

The author states that the idea behind the platform of EBay is to accelerate the pace at which innovation of commerce moves, long term target; reaching, enabling and sustaining the future of commerce. Shopping has been made much easier and simpler to consumers in a deal that is inclusive of all, a target of hosts from buyers and sellers.

Team diversity facilitates the assimilation of an assortment of different skills and competencies based on individuals in a team. The facet of bio-demographic diversity at the group level has been noted to be a major consideration. This kind of diversity incorporates gender, work, experience, culture, age, ethical heritage, geographic location, region, family status, and communication style.

The new products provide a mechanism of further growth to the organization. Increasing competition raises the possibility of organizations to go for new and modified products; this makes innovation not an option but a necessity for modern organizations (Stonehouse and Houston, 2013; Hisrich, Peters and Shepherd, 2011; Saxena, 2010).

Luxury consumption is a status symbol grounds of spending pattern, exhibiting the tradition of conspicuous consumption. A conspicuous buying decision of a consumer does not abide by the traditional norms of consumer behaviour analysis. This essay aims to set an effective luxury marketing plan for the famous luxury brand Loro Piana.

Major Markets. Tesla electric cars are eco-friendly but costly vehicles. Previously the target markets of the company were the rich developed economies in the world. However, with time this has changed and the company now targets the growing middle classes in the emerging economies in the world like China, Russia, etc.

Perhaps the most widely used conduit for communication these days is the mobile phone. It is needless to say that the advancement in communication technology has been crucial in the parallel progress and expansion of the global knowledge base and the pace of acquisition of further knowledge

Customer relationship management is one of the most successful methods used for the assessment and management of customer behavior. In this scenario, the implementation of customer relationship management tools for the business of Maplin Electronics can be helpful in customer relationship management.

As the world has become a globalized stage, organizations have constantly strived for establishing their image as a global brand. For this, they have adopted and practiced numerous strategies for the growth and success of the brand name. In this regard, brand extension is one of the common and frequent strategies followed by several organizations.

A resource-constrained fast-food company should use a focus strategy in order to decrease the risk factors. PESTLE analysis is showing that Australian consumers prefer low-calorie fast foods over chips and high-calorie burgers hence fast food companies should introduce food items with high nutritional value in their product portfolio.

The author explains that the Body Shop was founded in 1976 by Anita Roddick, who strongly believed that natural ingredients are the best way to take care of the body and remain beautiful. The huge range of body care products are made from natural ingredients from across the world and cater to people of all strata.

This essay explores the strategy of Nokia should be to provide value to the customers beyond lower pricing. People buy Apple even though it is highly priced just because they expect greater value in return. Nokia is also developing cell phones that are of superior quality but it is essential to communicate this to the customers.

68. 2008). This company began its operations with seventy three employees and in 2007 it had over three thousand people working for it. These people were employed in its departments like art direction, stage settings, lighting and special effects, information technology, marketing and many others.

The overall pricing mechanism works according to the dynamics of demand and supply where the prices keep on changing according to the demand for the product. Thus regardless of what the prices are, the final price is always determined by the demand and supply dynamics faced by a firm.

The company was founded by Steve Jobs, Ronald Wayne, and Steve Wozniak in the year 1976. They have established more than three-fifty retail outlets across the globe. The company revolutionized the concept of computing by introducing iPhone, iTunes, and iPods to customers. The first impression about the company before visiting Apple’s store differs.

In the text mentioned that retailing is the direct sale of services and goods from businesses or individuals to the consumer. Retailers are part of the supply chain, which is an integrated system. Consequently, a retailer usually buys products or goods in large amounts or quantities directly from the manufacturers or wholesalers.

While several people identify the brand by the logo of the company and audio jingle, a brand is denoted as one of the largest identification elements. The brand is a concept that is set in mind as a prospect. It is nothing else than an ongoing motion in which the consumer interchanges marketing value in terms of financial value.

This report was produced to give insights into British Airways and particularly on its marketing operations. Being UK’s largest scheduled airline, a brief background on British Airways would be given so as to guide in the evaluation of its marketing practices including pricing, distribution, and branding, borrowing from the airline’s website and various secondary sources.

In regards to profits, it is the second largest after Wal-Mart (Tesco). Tesco PLC stores are spread in 14 countries that spread across Europe, Asia and North America. Tesco PLC has a grocery market share of close to 30%, thus making it the market leader in grocery in the United Kingdom, the Republic of Ireland, Malaysia and Thailand.

The discussion also proceeds from this to present the results of an analysis centering on selected theoretical analytical models, including Porter’s Five Forces and SWOT. The paper draws conclusions and makes recommendations that follow through from the results of the analysis.

Aston Manor Brewery has used all means possible to be a force to reckon with in the production of ciders. It values continual improvement and uses the CSR approach towards understanding and determining the means upon which it needs to shape up. Aston Manor develops the involvement of employees in its charity decision-making.

Case Study Report - Introduction to Marketing. In this report we make a research on the market segmentation of Eco shack and Urban Eco shack made by Doug and Paul in New Zealand market. Considering the basic behaviour of the inhabitants and their changing needs they have come up with the ideas of making Eco Shack and Urban Eco shack.

It is estimated that an average person needs approximately four litres of water daily. The increased cases of water-borne diseases have made bottled water to be in high demand, like the rest of consumer goods. It is therefore, important to conduct a case analysis of the bottled water industry, as this industry contributes to the global economy.

The present research topic endeavours to create an investment analysis report for Johnnie Carter. Any investment analysis involves a detailed examination of the stocks, the company to which the stocks belong, the country to which the company belongs and the present economic condition of the stock (Funder 2003, 345).

Business organizations are facing different challenges along with issues concerning social, political along environmental settings. In this regard, modern organizations are required to conduct adequate market research to perform business activities profitably. Global marketing plays an imperative role for business organizations.

Mercedes Benz is one of the top ten most recognized brands around the world. The company has attained high brand success and marketing success over the years. It is the world’s oldest automotive brand that still exists today. People are looking for the value of their money and hence the company is willing to buy premium cars.

Principles of marketing are very essential for every successful business’ marketing strategy provision of superior quality, as well as value products, play a major role in customer satisfaction. It is equally important to provide excellent services and to be innovative. Innovativeness provides differentiation and uniqueness in a product.

The marketing strategy offers the guideline on how the company will concentrate all available resources in achieving optimal performance, through increased sales and competitive advantage sustainability. The company operations occur within a multinational setting with different logistical regulations in the different countries and states.

The objective of this paper is to analyse the impact of service recovery on customer satisfaction, loyalty and word-of-mouth. One of the most important criteria for the success of a hotel is the service quality it offers. Although, the reasons for the first visit by a customer are out of control of the hotel management, the hotel management has the ability to make that stay a comfortable and satisfactory one.

Harley Davidson one of the iconic US brands since the 1920s has been at the height of studies and researches. The brand has always amazed bike lovers and so as the economic compellers to understand more about the company’s real marketing tactics (Scott, 2008).  I being the marketing consultant at Harley am going to come up with three years marketing plan and strategy for the company.

Standardization has emerged being a key area of focus and this regards the various marketing mix elements. Therefore standardization's main interest focuses on the communication as well as the production elements of the marketing mix. Marketing mix elements have received increasing attention and various studies have been conducted exploring the degree and extent of standardization on the marketing mix elements.

The main aim of this paper is to analyze my strengths and weaknesses in marketing for better career growth in the future. In this paper, I will analyze my characteristics and the situation that I am facing in my current position. I present myself as a company that is willing to attract its targeted customers, i.e. the employers.

Apple has been known for its innovation strategy and is one of the most successful companies. The company is known for its innovation, its unique ability to design and develop the company’s operating systems. The strength of the company lies in providing the customers with new products and solutions with superior ease of use.

Innovative ‘localized approaches as the one followed by companies like McDonald's can help generate a better image for the organization (Culpan, 2002, p.60). Finally last but not least there should be a system for ensuring constant monitoring and evaluation. The use of a balanced scorecard can help a firm evaluate its financial as well as non-financial strategies.

Joseph Thornton, a commercial traveler selling confectionary, tired of his excessive traveling, decided to settle down by opening a shop in the UK in the year 1911. At that time, he might have not realized that the foundation of his shop was actually the foundation of an international business, which would continue to grow in the coming decades, and his products would reach many countries.

The American Marketing Association defined marketing as the ‘process that involves the planning and execution of the formation, pricing, promoting and distribution of thoughts, services, and commodities for the satisfaction of personal and institutional objectives’. To adequately respond to the needs of their customers the hospital should develop products.

It is nothing new to say that consumers have a number of objects to which they are either weakly or strongly attached (Wuyts and Geyskens, 2005). The principal pending revelation is what the attachment that exists is and where it comes from.

Marketing research and the mainstream media highlight the weaknesses of CCBM in an unfair manner. Marketing concepts for traditional service models cannot all be applied to CCBM. The studies are significant to research because they point out research gaps, which when explored, could improve the validity and reliability of their propositions.

Substitute’ threat is high when buyers consider substituting products or services especially due to the price performance of the substitutes. When companies competing with BP have little substitute cost, it becomes easy for buyers to shift their loyalty. This poses a considerable threat to BP (Pragman1996).

The country has numerous water resources with groundwater being a major contributor of freshwater with a proportion of about 90%. However, even with this relative abundance of freshwater in the country, there have been challenges. The water shortage problem is increasingly becoming a challenge even to the management authorities in the country.  

Essential research regarding the consumers and proper marketing tactics are required by a company to sell its products effectively and gain consumer loyalty so that sales remain steady and increase overtime. McDonald’s keeps in check if it’s target audience is reducing or increasing.

This paper purports to: identify the significance of consumer behavior research in order recognize the demand hybrid cars can generate in future; study the decision-making process of the consumers with reference to purchase a hybrid car; spot the factors that influence the marketing strategies of the automobile manufacturers, in relation to consumer behavior.

Through the mix, the marketer is able to create a link with the targeted group. Marketing mix management deals with the matching of resources of the organization with largely profitable marketing prospects (Ramesh, 2008; Koekemoer, 2004). The main aim of the marketing manager is to present the marketing mix to the customers or the potential customers as a coordinated entity.