Archive | Marketing

Test Marketing: Considerations, Purpose and Procedures | Products | Marketing

In this article we will discuss about:- 1. Meaning and Considerations of Test Marketing 3. Purposes of Test Marketing 4. Procedures in Test Marketing Plan. Meaning and Considerations of Test Marketing: The term 'test marketing' is also some- times called 'field-testing'. The word 'test' means examination or trial. Test marketing, thus, means testing the product in the market before the [...]

By |2017-03-04T15:07:44+05:30March 4, 2017|Test Marketing|Comments Off on Test Marketing: Considerations, Purpose and Procedures | Products | Marketing

Determining Optimal Promotion-Mix: 4 Steps | Promotion | Marketing

The following points highlight four main steps involved in determining optimal promotion-mix. The steps are:- 1. Identifying the Target Audience 2. Developing Communication Objectives 3. Designing the Message 4. Selecting the Communication Channel. Step # 1. Identifying the Target Audience: The marketer must identify tar­get audience which may be individual or group or public. He should identify the image of [...]

By |2017-03-04T15:07:44+05:30March 4, 2017|Product Promotion|Comments Off on Determining Optimal Promotion-Mix: 4 Steps | Promotion | Marketing

Societal Marketing: Objectives and Importance | Concepts | Marketing

In this article we will discuss about:- 1. Objectives of Societal Marketing 2. Importance of Societal Marketing 3. Social Criticisms of Marketing. Objectives of Societal Marketing: The objectives of social or societal marketing are: (i) To alter people's beliefs, attitudes, and expectations, or (ii) To induce people to take certain actions or introduce changes in their behaviour. Like a commercial [...]

By |2017-03-04T15:07:43+05:30March 4, 2017|Marketing|Comments Off on Societal Marketing: Objectives and Importance | Concepts | Marketing
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