StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Marketing and research - Essay Example

Cite this document
Summary
The main advantage of using the 4ps is that, it provides a platform to describe the product and the best marketing strategy put in place. The use of financial statements is vital to the…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.5% of users find it useful
Marketing and research
Read Text Preview

Extract of sample "Marketing and research"

Download file to see previous pages

STOP D is a testing machine that is used to test if someone has PTSD (post-traumatic stress disorder). The machine was invented and put into implementation by a renowned clinical psychologist who has worked with PTSD patients for long. The machine works by estimating the level of trauma that a person has and the amount of distress that the person experiences, and then, calculates the PTSD of the person. The test is also able to know the right kind of medication necessary for the patient and the prescription without the psychologist having to be there in person.

At the same time, the test also gives the evidence to concerning the choice of the particular medication and how to improve the recovery process (DR. Mulhall 2011). STOP D is computerized meaning that everything done is recorded in a computer and then, the computer does all the judgment using the artificial intelligence that is installed. Later the computer comes up with the best solution to the problem as detected. There are lots of advantages for the computerization of the machine. Each time the test is done the method is the same; this reduces any chance of error that might occur unlike in cases where humans were to perform the same test.

Due to the computerization the test is fast and every record is recorded and given within a very short time unlike when the test was done by a person. The machine has a touch screen that is used by the patient to enter their details, and to access the medication (DR. Mulhall 2011). New products in the market such as STOP D may require a high amount of finances so as to create awareness amongst its target market. Further, looking at the product life cycle; STOP D is a newly introduced product in the market; it is most probably in its growth phase of product life cycle.

This stage is characterized by high advertisements, and

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Marketing and research Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Marketing and research Essay Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/miscellaneous/1588113-marketing-and-research
(Marketing and Research Essay Example | Topics and Well Written Essays - 1000 Words)
Marketing and Research Essay Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/miscellaneous/1588113-marketing-and-research.
“Marketing and Research Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/miscellaneous/1588113-marketing-and-research.
  • Cited: 0 times

CHECK THESE SAMPLES OF Marketing and research

Zummo Smoothie Bar International: Marketing Strategy

Name: University: Course: Tutor: Date: Zummo Smoothie bar international: marketing Strategy Executive summary The smoothie market is a big one and continues to become even bigger.... marketing strategy for Zummo of the Smoothie bar According to Weinstein (45), market segmentation is a very important market strategy....
8 Pages (2000 words) Research Paper

Vogue female magazines

I am confident that the topic selected by me fits well into the priorities of the marketing and research Centre and Marketing Research Cohort at the... The primary objective of this research is to take advantage of my background in public relations, organization communication, international marketing and advertising to pursue an in depth research in the customer loyalty aspect of the Chinese Edition of the popular Vogue Female Magazine.... The primary objective of this research is to take advantage of my background in public relations, organization communication, international marketing and advertising to pursue an in depth research in the customer loyalty aspect of the Chinese Edition of the popular Vogue Female Magazine....
8 Pages (2000 words) Research Paper

Coventry Museum - From Denial to Discovery

This has strong implications for further research to find out the level of visitation to the museum.... om) Having traced the journey from denial to discovery (Rentschler, 2002), museum marketing depends largely on presenting facts in a way that grab interest and offer experiences that most cultural industry-based organizations would term as marketing orientation.... In this regard, marketing activities concerning a museum seek to promote a certain sense of intrinsic values that will offer motivation to the most unlikely individuals as far as transport and automobiles are concerned, and turn them into visitors....
10 Pages (2500 words) Research Paper

Multinational Advertising Agency

Communication and strong marketing decisions are the two most important... The agencies varies from one another in terms of scope and size entering into different kind of businesses.... According to the Association… of Advertising Agencies of America (AAAA), an advertising agency is “an independent business organization composed of creative and business people who develop,prepare and place advertising media for sellers seeking to find customers for their goods and services” (Brooklyn Ad agencies are present in a variety of sizes from small shops managed by one or at maximum two persons to large multinational, multi agency conglomerates for instance Omnicom group, Interpublic Group of companies, WPP group, and also Havas....
7 Pages (1750 words) Research Paper

Launching a New Product on International Market

arget Customers The potential impact of a new product's consumer group cannot be overemphasized and it is thus critical for the needs of this group to be identified early enough by the company via its engaging in test marketing and research (Rafinejad, 2007, p.... Commercialization is generally described as being the cycle or process that is found to be involved in the introduction of a new method of production or end product into a given market with the aim of making a profit (National research Council (U....
2 Pages (500 words) Research Paper

Business plan of Towing Service Company

Our company is aiming to prosper in the towing service industry by offering the residents of Orlando, Florida a wide range of towing services.... The company is planning to offer the online services with perfection by never compromising on the quality level.... hellip; Once the market position is successfully achieved, we will start our online services so that we can offer the services to everyone in US....
10 Pages (2500 words) Research Paper

Components of the IMC Plan

In Ireland, the RPS Group devised a communication strategy for stakeholder engagement campaign which sought to raise awareness of waste management.... RPS Group is an… onal consultancy firm which offers advice on the best practices regarding production and exploration of natural resources, energy and oil and gas products....
4 Pages (1000 words) Research Paper

Levis - Brand and Its Audience

The writer of the paper "Levis - Brand and Its Audience" gives the proposal and justification of a set of marketing communications to enhance the brand's equity with its target publics.... hellip; marketing has derived its influences from innumerable fields of life such as social sciences, psychology, sociology, and economics.... Anthropology has been impacting marketing for quite some time though the influence is comparatively smaller in scale....
10 Pages (2500 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us