EP MARKETING:REAL PEOPLE...MYMKTG.ACC.
EP MARKETING:REAL PEOPLE...MYMKTG.ACC.
10th Edition
ISBN: 9780135209912
Author: Solomon
Publisher: PEARSON CO
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Chapter 11, Problem 5QA
Summary Introduction

To determine: Conventional, Vertical, and Horizontal Marketing systems.

Introduction:

Conventional Marketing System: Independent companies that have loose connections with each other collaborate to gain some profits and to increase the user base. The channel consists of independent wholesalers, retailers, manufacturers that have a lack of strong leadership and do not care much about building relations.

Vertical Marketing Systems:Channel members collaborate with other members with formal cooperation at two or more different levels.

Horizontal Marketing Systems: Two or more organizations at the same channel level whether two or more retailers, two or more wholesalers, or two or more manufacturers collaborate and agree on selling each other’s products or agree on making most of their marketing opportunities.

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Discuss how you will use the knowledge and skills you developed in this course by writing 3 “takeaways,” or things you’ve learned that you can carry with you into your career and further courses of study. Review postings by your classmates and add two additional “takeaways” to your own list. When you reply to a colleague, compare your findings with his or hers. What patterns or differences do you see in international marketing strategies?
An executive summary is a short document or section of a document produced for business purposes. It usually contains a brief statement of the problem or proposal covered in the major document(s), background information, concise analysis and main conclusions. Here you should introduce Vietnam and provide a very high-level description of it. Then you should discuss the product you selected and provide a reason why you think this product could be successful in this new market.
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