Marketing: An Introduction Plus MyMarketingLab with Pearson eText -- Access Card Package (13th Edition)
Marketing: An Introduction Plus MyMarketingLab with Pearson eText -- Access Card Package (13th Edition)
13th Edition
ISBN: 9780134472492
Author: Gary Armstrong, Philip Kotler
Publisher: PEARSON
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Chapter 6, Problem 6.15VC
Summary Introduction

Case summary:

The newcomer in the television for children is S Programming. This program was owned by Company N. The S Programming telecasts P Kids a broadcasting television network and the extra needed material. The network encourages multi-platform. The S Programming can be accessed through regular programming through Comcast and through S Programming online network.

The S Programming not only target the kids but it targets the preschool families. The S Programming thinks that their parents must be involved in the program views by their children. The promotional efforts of S Programming are mainly geared up towards parents and children.

Characters in the case:

  • S Programming
  • Broadcasting Television Network P
  • Company N

Introduction:

Classifying the market into various smaller sections based on the buyer’s different needs and wants, characteristics, and behaviors is called market segmentation. This would help to reach buyers with various marketing strategies or product mixes. Marketing segmentation can be classified into “geographic, psychographic, demographic, and behavioral variables”.

To determine: The reason for S Programming targeting the preschool families rather than their whole focus on children.

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Identifying Product Benefits                                                                                        Assignment 4.7   Provide an example of  a product attribute   Provide an example of a product benefit   In your own words tell me what is the difference between a product attribute and product benefit.   Explore advertising appeals. Please provide an example of an advertisement that represents each appeal. Advertisement can be a commercial, print Ad picture, etc.   Refer to the figure below to assist you with advertising appeals and their goals towards a target market. Profit   Health   Convenience    Environmental consciousness
Description of variables:     •    Converted = 1 if they bought     •    Amount = how much they paid for the bag if they bought it     •    Margin = amount - $50     •    Got search ad = 1 if the search ad was displayed as the user was searching for handbags on Google     •    Clicked on search ad = 1 if they clicked     •    Got email = 1 if they got an email with a 20% discount from the handbag seller ($100 instead of $125). Some users got both the search ad and email     •    Clicked on email = 1 if clicked (though it doesn't mean they converted)     •    Clicked ad & email = 1 if clicked on both the search ad and the email     •    Campaign = 1 if got any ad Some more data from the handbag seller:     •    The search ad CPT = $9 (cost per thousand impressions)     •    Email CPT = $12 (cost per thousand emails sent out)     •    The costs associated with each sold bag = $50 (the margin depends on the price customers pay)
The success achieved by firms when they take their inventions to market is referred to as formation-ability. homologation. consultation. conversion-ability. liquidation.
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