Marketing
6th Edition
ISBN: 9781259709074
Author: Dhruv Grewal Professor, Michael Levy
Publisher: McGraw-Hill Education
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Chapter 15.1, Problem 2PC
Summary Introduction
To discuss: The ways to utilize value based pricing methods.
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TASK DESCRIPTION
Successful brand extensions allow companies to diversify their offerings and increase their market
share. Brand extension will provide any company a competitive advantage over its rivals that do not
offer similar products.
You are expected to select a live/real organisation which is suitable to the task and launch a new
product/service.
Please discuss with your lecturer your choice before proceeding.
For your Portfolio you need to complete the following tasks:
1. Develop a new brand extension for the organisation you have selected for one of their
product/service.
2. Determine segmentation, targeting and positioning for the new brand extension.
3. Develop a detailed customer personal profile for the new brand extension, including demographic
and psychographic information.
4. Develop the marketing mix strategies for the new brand extension (4Ps/7Ps).
**what are the Raw Materials and Human Rights Concerns in the Apple Company
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- Digital advertising is all those paid dissemination, promotion, and communication techniques of a company or brand that are launched in the digital environment. The Internet makes different types of channels and platforms available to us that help us reach our potential audience. Digital advertising is a tool for promoting and disseminating goods and services through the Internet. Digital advertising is part of the digital marketing strategies, which are a large part of the total strategies made for virtual media. There are different digital advertising types: Paid media Organic media Briefly explain each of the paid and organic media, add examples, and select the one you consider works best, and why it is the best for you.arrow_forwardCan you please write out a Tiktok strategy for a major small kitchen applicance brand ?arrow_forwardI need help answering the following questions below Assuming that I have been asked to visit the Medicare website to research competitors in my area Navigating to the care comparing section of the Medicare.gov website and search for several hospitals in my area. Hospital I choose: Bon Secours, Greenville SC What aspects from the data would I market to the community to encourage people to choose this provider? How could I improve the negative aspects of the data to improve the image and encourage consumers to choose this provider?arrow_forward
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