06 Oct Think about a good or bad serv
Think about a good or bad service experience that you have had. Briefly describe the experience. What factors contributed to this experience? What changes could have been made to make this an even better service experience? Why is service marketing important?
Your initial response to the discussion question should be 250-300 words. You must have at least one course (our text) and one non-course scholarly/peer reviewed source in your initial posting. Sources require in-text citations and must be incorporated into the body of the post in addition to a full APA citation at the end of the post.
References:
https://home.kpmg/xx/en/home/insights/2020/03/pleasing-customers-during-a-pandemic.html
A Preface to Marketing Management
pet6106x_fm_i-xviii.indd ipet6106x_fm_i-xviii.indd i 19/12/13 9:19 PM19/12/13 9:19 PM
Final PDF to printer
This page intentionally left blank
A Preface to Marketing Management
Fourteenth Edition
J. Paul Peter University of Wisconsin–Madison
James H. Donnelly Jr. Gatton College of Business and
Economics University of Kentucky
pet6106x_fm_i-xviii.indd iiipet6106x_fm_i-xviii.indd iii 19/12/13 9:19 PM19/12/13 9:19 PM
Final PDF to printer
A PREFACE TO MARKETING MANAGEMENT, FOURTEENTH EDITION
Published by McGraw-Hill Education, 2 Penn Plaza, New York, NY 10121. Copyright © 2015 by McGraw-Hill
Education. All rights reserved. Printed in the United States of America. Previous editions © 20 13, 2011, and
2008. No part of this publication may be reproduced or distributed in any form or by any means, or stored in a
database or retrieval system, without the prior written consent of McGraw-Hill Education, including, but not
limited to, in any network or other electronic storage or transmission, or broadcast for distance learning.
Some ancillaries, including electronic and print components, may not be available to customers outside the
United States.
This book is printed on acid-free paper.
1 2 3 4 5 6 7 8 9 0 DOW/DOW 1 0 9 8 7 6 5 4
ISBN 978-0-07-786106-3
MHID 0-07-786106-X
Senior Vice President, Products & Markets: Kurt L. Strand Vice President, General Manager, Products & Markets: Michael Ryan Vice President, Content Production & Technology Services: Kimberly Meriwether David Brand Manager: Sankha Basu Editorial Coordinator: Heather Darr Marketing Manager: Donielle Xu Director, Content Production: Terri Schiesl Lead Content Project Manager: Jane Mohr Buyer: Laura Fuller Cover Designer: Studio Montage, St. Louis, MO. Cover Image: © John Shaw/Getty Images Media Project Manager: Shawn Coenen Compositor: Laserwords Private Limited Typeface: 10/12 Times LT Std. Printer: R. R. Donnelley
All credits appearing on page or at the end of the book are considered to be an extension of the copyright page.
Library of Congress Cataloging-in-Publication Data
Peter, J. Paul.
A preface to marketing management / J. Paul Peter, University of Wisconsin-Madison, James H. Donnelly,
Jr., Gatton College of Business and Economics, University of Kentucky.–Fourteenth edition.
pages cm
ISBN 978-0-07-786106-3 (alk. paper)
1. Marketing–Management. I. Donnelly, James H. II. Title.
HF5415.13.P388 2013
658.8–dc23
2013046644
The Internet addresses listed in the text were accurate at the time of publication. The inclusion of a website does
not indicate an endorsement by the authors or McGraw-Hill Education, and McGraw-Hill Education does not
guarantee the accuracy of the information presented at these sites.
www.mhhe.com
pet6106x_fm_i-xviii.indd ivpet6106x_fm_i-xviii.indd iv 19/12/13 9:19 PM19/12/13 9:19 PM
Final PDF to printer
To Rose and Angie
J. Paul Peter
To Gayla
Jim Donnelly
pet6106x_fm_i-xviii.indd vpet6106x_fm_i-xviii.indd v 19/12/13 9:19 PM19/12/13 9:19 PM
Final PDF to printer
vi
About the Authors
J. Paul Peter has been a faculty member at the University of Wisconsin since 1981. He was a member
of the faculty at Indiana State, Ohio State, and Washington University before joining the
Wisconsin faculty. While at Ohio State, he was named Outstanding Marketing Professor
by the students and has won the John R. Larson Teaching Award at Wisconsin. He has
taught a variety of courses including Marketing Management, Marketing Strategy, Con-
sumer Behavior, Marketing Research, and Marketing Theory, among others.
Professor Peter’s research has appeared in the Journal of Marketing, the Journal of Marketing Research, the Journal of Consumer Research, the Journal of Retailing, and the Academy of Management Journal, among others. His article on construct validity won the prestigious William O’Dell Award from the Journal of Marketing Research, and he was a finalist for this award on two other occasions. Recently, he was the recipient of the Churchill
Award for Lifetime Achievement in Marketing Research, given by the American Marketing
Association and the Gaumnitz Distinguished Faculty Award from the School of Business,
University of Wisconsin–Madison. He is an author or editor of over 30 books, including A Preface to Marketing Management, Fourteenth edition; Marketing Management: Knowledge and Skills, ninth edition; Consumer Behavior and Marketing Strategy, ninth edition; Strategic Management: Concepts and Applications, third edition; and Marketing: Creating Value for Customers, second edition. He is one of the most cited authors in the marketing literature. Professor Peter has served on the review boards of the Journal of Marketing, Jour- nal of Marketing Research, Journal of Consumer Research, and Journal of Business Research and was measurement editor for JMR and professional publications editor for the American Marketing Association. He has taught in a variety of executive programs and
consulted for several corporations as well as the Federal Trade Commission.
James H. Donnelly Jr. has spent his academic career in the Gatton College of Business and Economics at the
University of Kentucky. In 1990 he received the first Chancellor’s Award for Outstanding
Teaching given at the university. Previously, he had twice received the UK Alumni Associa-
tion’s Great Teacher Award, an award one can only be eligible to receive every 10 years. He
has also received two Outstanding Teacher awards from Beta Gamma Sigma, national busi-
ness honorary. In 1992 he received an Acorn Award recognizing “those who shape the future”
from the Kentucky Advocates for Higher Education. In 2001 and 2002 he was selected as
“Best University of Kentucky Professor.” In 1995 he became one of six charter members
elected to the American Bankers Association’s Bank Marketing Hall of Fame. He has also
received a “Distinguished Doctoral Graduate Award” from the University of Maryland.
During his career he has published in the Journal of Marketing Research, Journal of Marketing, Journal of Retailing, Administrative Science Quarterly, Academy of Man- agement Journal, Journal of Applied Psychology, Personnel Psychology, Journal of Business Research, and Operations Research among others. He has served on the edito- rial review board of the Journal of Marketing. He is the author of more than a dozen books, which include widely adopted academic texts as well as professional books.
Professor Donnelly is very active in the banking industry where he has served on the board
of directors of the Institute of Certified Bankers and the ABA’s Marketing Network. He has
also served as academic dean of the ABA’s School of Bank Marketing and Management.
pet6106x_fm_i-xviii.indd vipet6106x_fm_i-xviii.indd vi 19/12/13 9:19 PM19/12/13 9:19 PM
Final PDF to printer
vii
Preface
We are proud to introduce the fourteenth edition of A Preface to Marketing Management. Our plan has always been to deliver a clear and concise presentation of the basic princi- ples of marketing in such a way that the core concepts and ideas are covered in sufficient
depth to ensure in-depth understanding. By offering an engaging, clear, and conceptu-
ally sound text, our book has been able to maintain its position as a leading marketing
management text.
Throughout the history of the book, feedback from both students and instructors has
suggested that our plan is a good one. Our book has been used in a wide variety of set-
tings and is the best-selling book of its kind. We introduce the fourteenth edition knowing
that our book and its eight foreign translations have been used around the world whenever
courses require an overview of the critical aspects of marketing management.
With this edition, we seek to more effectively implement our plan by building on a strong foundation, maintaining the attributes and elements of the book that make it a very
teachable text, updating existing content, adding new content, and focusing the presenta-
tion. We seek to emphasize quality content and examples and avoid excess verbiage, pic-
tures, and description.
As usual, each time we revise the book there is an emphasis on responding to feedback
from students and instructors. These two constituencies plus our own intuitions drive each
revision. Marketing is an exciting and dynamic field of study. We want to capture the
sense of excitement and at the same time respect its history.
Our book has become known simply as the Preface. We want to believe a major reason it has endured is that because marketing is figuring out how to do a superior job of satisfy-
ing customers, we simply try to practice what we preach. Welcome to the Preface.
THE PRESENT EDITION
Every element of content in our book is designed with one thought in mind: to assist stu-
dents in analyzing marketing problems and cases and developing and writing marketing
plans. Section I of the book consists of 13 concise chapters that cover the essentials of mar-
keting management. We think of it as the “must know” content of the field. It is divided
into four parts that focus on strategic planning and marketing planning, understanding tar-
get markets, the marketing mix, and marketing in special fields. These 13 chapters should
provide students a clear understanding of the terminology, techniques, tools, and strategies
for effective marketing management and marketing strategy development.
In addition to revising and updating the text chapters, this edition contains new content as
well. There are discussions of internal and external secondary data sources, the use of social
media monitoring, alternative search in consumer behavior, key characteristics of organiza-
tional buyers, e-procurement, global virtual teams, brand equity, using distinctive compe-
tencies in new product development, consumer databases, business-to-business databases,
mobile marketing, online retailing and multichannel marketing, franchising, the effects of
the Internet on pricing, global account managers, and learning about different cultures.
In the twelfth edition, we altered two of the text elements. The changes have been well
received by instructors and students. First, “Marketing Insights” are included to assist students
as they solve marketing problems, analyze marketing cases, and develop marketing plans.
Second, we know that our book is often used with case problems, writing assignments,
and constructing marketing plans. Accordingly, there is an “Additional Resources” section
pet6106x_fm_i-xviii.indd viipet6106x_fm_i-xviii.indd vii 19/12/13 9:19 PM19/12/13 9:19 PM
Final PDF to printer
viii Preface
at the end of each chapter. Our purpose is to highlight current resources that students can
use in writing assignments and oral presentations. The resources have been selected with
students in mind. They include resources accessible to students at various stages of mar-
keting education given the wide spectrum of courses in which the book is utilized.
NEW FEATURES AND CONTENT CHANGES
Chapter 1: Strategic Planning and The Marketing Management Process
• Revised basic questions that must be asked when developing a mission statement.
• Marketing Insight 1-3 now contains five actual mission statements for firms of varying
sizes and industries. It provides students with a better mix of alternatives when com-
pleting the exercise in Marketing Insight 1-4.
• Updated additional resources.
Chapter 2: Marketing Research: Process and Systems for Decision Making
• Revised section on secondary data to include both internal and external sources
• Added new figure “Common Types of Information Available in a Secondary Data
Search”
• Added a new Marketing Insight, “Social Media Monitoring for Marketing Insights”
• Updated additional resources
Chapter 3: Consumer Behavior • Updated discussion of consumer and marketer reactions to recession
• Revised and updated discussion of Alternative Search
• Updated additional resources
Chapter 4: Business, Government, and Institutional Buying • Revised Marketing Insight on “Key Characteristics of Organizational Buying Behavior”
• New Marketing Insight, “Organizational Buying on the Internet: E-Procurement”
• Revised Discussion of “Organizational Needs”
• Updated additional resources
Chapter 5: Market Segmentation • New Marketing Insight, “Segmenting the Mobile Phone Market”
• Revised and updated discussion of VALS
Chapter 6: Product and Brand Strategy • Marketing Insight 6-3 now contains the latest information on the value of the top twenty
brands in the world
• Contains a new section on branding and brand equity
• Revised and updated Marketing Insight 6-6
• Added a new section on global virtual teams
• New key terms and concepts
• Updated additional resources
pet6106x_fm_i-xviii.indd viiipet6106x_fm_i-xviii.indd viii 19/12/13 9:19 PM19/12/13 9:19 PM
Final PDF to printer
Preface ix
Chapter 7: New Product Planning and Development • New Marketing Insight 7-4 which focuses on utilizing corporate strengths in the new
product development process. It includes eight firms with strengths in either technol-
ogy or markets
• Updated additional resources
Chapter 8: Integrated Marketing Communications • Revised Marketing Insight 8-1 which presents up-to-date information on the top ten
websites in Brazil, Portugal and South Korea
• Revised section on direct marketing as part of the promotion mix
• Revised Marketing Insight 8-6
• New section on direct marketing
• New Marketing Insight 8-7 on the contents of a comprehensive database included are
both consumer and business-to-business databases
• Added new Key Terms and Concepts
• Updated additional resources
Chapter 9: Personal Selling, Relationship Building, and Sales Management
• New Marketing Insight 9-1 which focuses on what a salesperson actually does
• A new discussion of an increasingly important customer organization structure, the
global account manager
• Added new Key Terms and Concepts
• Updated additional resources
Chapter 10: Distribution Strategy • Added New Marketing Insight, “Advantages and Disadvantages of Franchising”
• New section on “Online and Mobile Retailing”
• Updated additional resources
• New “Key Terms and Concepts”: online retailing, mobile retailing, multichannel marketing
Chapter 11: Pricing Strategy • Added a new discussion of the Internet as an external influence on pricing decisions
• A new Marketing Insight, “Ten Tips for Managing Pricing Strategy”
Chapter 12: The Marketing of Services • The chapter has been significantly revised and has been shortened for this edition
• A new section on the importance of all the elements of the marketing mix in the market-
ing of services has been added
• Updated additional resources
Chapter 13: Global Marketing • Marketing Insight 13-1 has been updated with the latest data on selected U.S. companies
and their international sales
• The section on cultural misunderstanding as a problem in foreign markets has been
replaced with an entirely new section
pet6106x_fm_i-xviii.indd ixpet6106x_fm_i-xviii.indd ix 19/12/13 9:19 PM19/12/13 9:19 PM
Final PDF to printer
x Preface
• Marketing Insight 13-3 has been replaced with a new Marketing Insight which focuses
on ways to learn about new cultures
• Updated additional resources
Section II: Analyzing Marketing Problems and Cases • New Marketing Insight, “Objectives of Case Analysis”
• Revised and updated discussion of SWOT analysis
• Updated additional resources
Section III: Financial Analysis for Marketing Decisions • Updated dates and additional resources
Section IV: Developing Marketing Plans • Updated dates and additional resources
STUDENT SUPPORT
Knowing that our book is used for a variety of course levels, programs, and students, we
have assembled several elements that we believe will support students for whatever pur-
pose they use our book.
Key Terms and Concepts New to the previous edition, we decided to add a section of key terms and concepts at the
conclusion of each chapter. There was much debate as to where they should be placed in
the book. We decided to place them at the end of the chapter in which they appear. In this
way, they are more visible to students than as an appendix at the end of the book. More
than a glossary, it also presents key concepts covered in the chapter.
Analyzing Marketing P roblems and Cases Section II presents a very practical and comprehensive framework for analyzing, prepar-
ing, and presenting case analyses. It includes discussions of what a case is, preparing for
the class discussion and written analysis, pitfalls to avoid in case analysis, and preparing
to do an oral presentation. It has been praised by both instructors and students.
For courses utilizing marketing problems and cases, we encourage students to read this
guide before discussing a problem or case. Thus, it could have been placed at the begin-
ning of the book, but because it is often referred to throughout the semester, we have
placed it after the text chapters. And for those courses that do not utilize cases, the book
may be used without reference to this section.
Financial Analysis for Marketing Decisions It is absolutely critical for marketing students to understand and appreciate the fact that
the ultimate objectives of marketing are usually expressed in financial terms. Section III
enables students to assess a company’s financial position. It presents important financial
calculations that are useful in evaluating the financial position of a firm and the financial
impact of various decisions and strategies. Included are discussions of breakeven analysis,
net present value, and ratio analysis.
Developing Marketing Plans Given the purpose of this book and the needs of users, Section IV enables students to
develop practical planning skills so they are able to construct a quality marketing plan for
pet6106x_fm_i-xviii.indd xpet6106x_fm_i-xviii.indd x 19/12/13 9:19 PM19/12/13 9:19 PM
Final PDF to printer
Preface xi
any product or service. It provides a complete format for structuring and presenting one,
including specific questions to ask in competitive analysis, the development of well-stated
objectives, analyzing customers, and implementation and control. As with Section II, we
know that this section has become a valuable take-away resource for many students long
after their course has been completed.
A Value-Added Website We encourage students to view the student section of the Online Learning Center (OLC)
at website www.mhhe.com/peterdonnelly14e, which contains a number of useful aids for
facilitating learning and supporting student achievement. We believe you will find it a
useful resource.
INSTRUCTOR SUPPORT
The Preface has been used as a resource in college courses and professional development programs that require an overview of the critical “need-to-know” aspects of marketing
management and marketing strategy development. It has been used:
• As the primary introductory text at the undergraduate level.
• At both the undergraduate and MBA level, where several AACSB core curriculum
courses are team-taught as one multidisciplinary 9- to 12-hour course.
• At the advanced undergraduate and MBA level where it is used as the content founda-
tion in courses that utilize marketing cases.
• In short courses and executive development programs.
The instructor section of www.mhhe.com/peterdonnelly14e includes an instructor’s
manual and other support material. It includes two expanded supplements. They were
developed in response to instructors’ requests. We offer a test bank of nearly 1,300
multiple-choice, true-false, and brief essay questions. It is available in both print and
EZ Test Online. We also offer Power Point slides that highlight key text material. Your
McGraw-Hill representative can also assist in the delivery of any additional instructor
support material.
pet6106x_fm_i-xviii.indd xipet6106x_fm_i-xviii.indd xi 19/12/13 9:19 PM19/12/13 9:19 PM
Final PDF to printer
xii
Acknowledgments
Our book is based on the works of many academic researchers and marketing practitioners.
We want to thank those individuals who contributed their ideas to develop the field of mar-
keting throughout the years. Indeed, our book would not be possible without their contri-
butions. We would also like to thank our teachers, colleagues, and students for their many
contributions to our education. We would also like to publicly acknowledge those individu-
als who served as reviewers of this and previous editions. We appreciate their advice and
counsel and have done our best to reflect their insightful comments.
Roger D. Absmire Sam Houston State University
Anna Andriasova University of Maryland University College
Catherine Axinn Syracuse University
Mike Ballif University of Utah
Andrew Bergstein Pennsylvania State University
Edward Bond Bradley University
Donald Brady Millersville University
Tim Carlson Judson University
Glenn Chappell Meridith College
Newell Chiesl Indiana State University
Reid P. Claxton East Carolina University
Larry Crowson University of Central Florida
Mike Dailey University of Texas, Arlington
Linda M. Delene Western Michigan University
Gerard DiBartolo Salisbury University
Casey Donoho Northern Arizona University
James A. Eckert Western Michigan University
Matthew Elbeck Troy University Dothan
Karen A. Evans Herkimer County Community College
R. E. Evans University of Oklahoma
Lawrence Feick University of Pittsburgh
Robert Finney California State University, Hayward
Stephen Goldberg Fordham University
David Good Grand Valley State University
David Griffith University of Oklahoma
Perry Haan Tiffin University
Lawrence Hamer DePaul University
Harry Harmon Central Missouri
Jack Healey Golden State University
Betty Jean Hebel Madonna University
Catherine Holderness University of North Carolina–Greensboro
JoAnne S. Hooper Western Carolina University
David Horne Wayne State University
Nasim Z. Hosein Northwood University
Nicole Howatt UCF
Fred Hughes Faulkner University
Anupam Jaju GMU
Chris Joiner George Mason University
pet6106x_fm_i-xviii.indd xiipet6106x_fm_i-xviii.indd xii 19/12/13 9:19 PM19/12/13 9:19 PM
Final PDF to printer
Benoy Joseph Cleveland State University Sol Klein Northeastern University Robert Brock Lawes Chaminade University of Honolulu Eunkyu Lee Syracuse University Tina Lowrey University of Texas at San Antonio Franklyn Manu Morgan State University Edward J. Mayo Western Michigan University Edward M. Mazze University of Rhode Island Donald J. Messmer College of William & Mary Albert Milhomme Texas State University Chip Miller Drake University David L. Moore LeMoyne College Johannah Jones Nolan University of Alabama, Birmingham R. Stephen Parker Southwest Missouri State University Joan Phillips University of Notre Dame Thomas Powers University of Alabama at Birmingham Debu Purohit Duke University John Rayburn University of Tennessee
Martha Reeves Duke
Gary K. Rhoads Brigham Young University
Lee Richardson University of Baltimore Henry Rodkin DePaul University Ritesh Saini George Mason University Matthew H. Sauber Eastern Michigan University Alan Sawyer University of Florida Ronald L. Schill Brigham Young University Mark Spriggs University of St. Thomas Vernon R. Stauble California State Polytechnic University David X. Swenson College of St. Scholastica Ann Marie Thompson Northern Illinois University John R. Thompson Memphis State University Gordon Urquhart Cornell College Sean Valentine University of Wyoming Ana Valenzuela Baruch College, CUNY Stacy Vollmers University of St. Thomas Jacquelyn Warwick Andrews University
Kevin Webb Drexel University
Kathleen R. Whitney Central Michigan University
J. B. Wilkinson University of Akron
Dale Wilson Michigan State University
It is always easy to work with professionals. That is why working with the profession-
als at McGraw-Hill is always enjoyable for us. Sankha Basu, publisher, and Jane Mohr,
project manager, support what we do and we are very grateful. Thank you Heather Darr,
development editor, and welcome to our team. We also wish to acknowledge Francois
Ortalo-Magne, dean of the School of Business at the University of Wisconsin, and David
Blackwell, dean of the Gatton College of Business and Economics at the University of
Kentucky, who support what we do.
J. Paul Peter
James H. Donnelly, Jr.
pet6106x_fm_i-xviii.indd xiiipet6106x_fm_i-xviii.indd xiii 19/12/13 9:19 PM19/12/13 9:19 PM
Final PDF to printer
xiv
Contents
SECTION I ESSENTIALS OF MARKETING MANAGEMENT 1
PART A INTRODUCTION 3
Chapter 1 Strategic Planning and the Marketing Man- agement Process 4
The Marketing Concept 4
What Is Marketing? 5
What Is Strategic Planning? 6
Strategic Planning and Marketing Management 6 The Strategic Planning Process 7 The Complete Strategic Plan 16
The Marketing Management Process 16
Situation Analysis 16 Marketing Planning 19 Implementation and Control of the Marketing Plan 20 Marketing Information Systems and Marketing Research 21
The Strategic Plan, the Marketing Plan, and
Other Functional Area Plans 21
Marketing’s Role in Cross-Functional Strategic Planning 21
Summary 22
Appendix Portfolio Models 27
PART B MARKETING INFORMATION, RESEARCH, AND UNDERSTANDING THE TARGET MARKET 31
Chapter 2 Marketing Research: Process and Systems for Decision Making 32
The Role of Marketing Research 32
The Marketing Research Process 33
Purpose of the Research 33 Plan of the Research 34 Performance of the Research 37 Processing of Research Data 39
Preparation of the Research Report 40 Limitations of the Research Process 40
Marketing Information Systems 42
Summary 43
Chapter 3 Consumer Behavior 45
Social Influences on Consumer Decision
Making 46
Culture and Subculture 46 Social Class 47 Reference Groups and Families 48
Marketing Influences on Consumer Decision
Making 48
Product Influences 48 Price Influences 48 Promotion Influences 49 Place Influences 49
Situational Influences on Consumer Decision
Making 51
Psychological Influences on Consumer Decision
Making 51
Product Knowledge 51 Product Involvement 52
Consumer Decision Making 52
Need Recognition 53 Alternative Search 54 Alternative Evaluation 55 Purchase Decision 55 Postpurchase Evaluation 56
Summary 58
Chapter 4 Business, Government, and Institutional Buying 60
Categories of Organizational Buyers 60
Producers 60 Intermediaries 61 Government Agencies 61 Other Institutions 61
The Organizational Buying Process 61
Purchase-Type Influences on Organizational
Buying 62
Straight Rebuy 62 Modified Rebuy 62 New Task Purchase 62
pet6106x_fm_i-xviii.indd xivpet6106x_fm_i-xviii.indd xiv 19/12/13 9:19 PM19/12/13 9:19 PM
Final PDF to printer
Contents xv
Structural Influences on Organizational Buying 63
Purchasing Roles 63 Organization-Specific Factors 64 Purchasing Policies and Procedures 65
Behavioral Influences on Organizational Buying 65
Personal Motivations 65 Role Perceptions 66
Stages in the Organizational Buying
Process 68
Organizational Need 68 Vendor Analysis 68 Purchase Activities 69 Postpurchase Evaluation 70
Summary 70
Chapter 5 Market Segmentation 72
Delineate the Firm’s Current
Situation 72
Determine Consumer Needs
and Wants 73
Divide Markets on Relevant Dimensions 73
A Priori versus Post Hoc Segmentation 74 Relevance of Segmentation Dimensions 75 Bases for Segmentation 75
Develop Product Positioning 81
Decide Segmentation Strategy 82
Design Marketing Mix Strategy 84
Summary 84
PART C THE MARKETING MIX 85
Chapter 6 Product and Brand Strategy 86
Basic Issues in Product Management 86
Product Definition 86 Product Classification 87 Product Quality and Value 88 Product Mix and Product Line 89 Branding and Brand Equity 90 Packaging 96
Product Life Cycle 97
Product Adoption and Diffusion 99 The Product Audit 100
Deletions 100 Product Improvement 101
Organizing for Product Management 101
Summary 103
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Wridemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.
