Marketing
6th Edition
ISBN: 9781259709074
Author: Dhruv Grewal Professor, Michael Levy
Publisher: McGraw-Hill Education
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Concept explainers
Question
Chapter 16, Problem 1MA
Summary Introduction
To discuss: The
Expert Solution
Explanation of Solution
The marketing channel management is the process in which the company creates various marketing strategies as well as sales procedures to achieve the highest and widest potential customer base. The channels are the means or outlets to market and sell the products.
Following are the main activities of marketing channel management:
- Annual review and analysis of choices that are using and that one’s aren’t.
- Contract negotiation
- Promotion
- Ranking the performance of the distribution channel.
Summary Introduction
To discuss: The manner in which marketing channel management adds value to the company’s contribution concerning buyers as well as business partners.
Expert Solution
Explanation of Solution
The marketing channel management will support to improve the value of the company and its business and the agents offer producers higher efficiency in manufacturing goods available to target markets. Through their contract experience, specialization, and scale of operations, intermediaries normally offer the firm more than it can achieve on its own. while considering in an economic view, intermediaries convert the variety of products into assortments wanted by buyers. The channel members add value by bridging the major time, place, and procession gaps that separate goods and services from those who would use them.
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Students have asked these similar questions
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Task Description:
One of the most important questions faced by business leaders in the strategic marketing process is a
choice of timing to launch new product/technologies and enter new markets. There are two options: to
be a pioneer or to be a follower. Both have advantages and risks, the relative success of each strategy
depends on several factors, both internal and external.
Tasks: Answer the following essay questions:
1. What are the advantages of being a pioneer and follower company? Provide examples of
successful pioneer and follower companies.
2. What product life cycle strategies do successful pioneer and follower companies implement to
increase growth and maintain a strong competitive advantage? Provide examples of companies
to support statements made.
Follow instruction:
1. Word: within 2500 word, not bellow 2400.
2. Give table, charts, diagrams, graphs and images should be properly cited and properly named.
Give 7-10 references, from a variety of credible literature…
1. Answer the following:
- What are the contexts in which Singapore Airlines might need to conduct market and marketing research? What could be the action plan? More effective context?
- What is the approach of Singapore Airlines to marketing and marketing research? What is the strength and weaknesses of it? Expand the explanation.
I need healp anwser the following questions below
Base on reading
“Applications of Social Media for Medical Tourism Marketing”
Why is consumer choice important in health care marketing, and why is it especially important for medical tourism decisions?
Which choice factors are most important to medical tourism consumers?
How successful is social media marketing for consumer choice for medical tourism?
Along with How well did medical tourism providers perform in terms of maintaining customer intimacy, customer involvement, interaction, and gathering customer insights? Why are each of these elements important as part of the consumer decision-making process in this situation?
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