Marketing-Term-Paperdocx - Report On New Product This preview shows page 1 - 7 out of 19 pages. Letter of Transmittal Date: 22 nd May, Dr. Seyama Sultana Assistant Professor United International University United City, Madani Avenue, Badda, Dhaka , Bangladesh. Subject: Report on “New Product Development Process” Dear Madam, We would Term Paper # 1. Introduction to Marketing Strategies: Marketing strategies are the key to success for an organization as they act as the foundation for marketing plans. The effective formulation and implementation of marketing strategies help an organization in achieving marketing objectives Marketing communications are: adverting, sales promotions, personal selling, PR and direct and interactive marketing (Fill, ). Consequently Marketing Communications Plan is the marketing plan which promotional plan incorporates two or more integrated marketing communications mediums aiming to reiterate the same goals and objectives
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Pages: 8 words · Bibliography Sources: 5 · File:. docx · Level: College Junior · Topic: Business - Advertising. Download the perfectly formatted MS Word file! Pages: 1 words · Type: Essay · Style: APA · Bibliography Sources: 1. Marketing Segmentation for a Sports Car There are a multitude of segmentation strategies available to auto manufacturers who are selling sports cars globally. The basic segmentation approaches include demographic data…. Marketing Plan: The New iPad Keyboard and Case Combo iPad Keyboard and Case Before introducing a new product to the market, every company has to conduct a full-fledged analysis of….
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Marketing Video Games : Social, Psychological, Ethical, And Political Considerations Marketing has changed dramatically marketing term paper the course of the twentieth century, as mass media grew from an improbable pipe dream to a reality exceeding anyone's wildest imagination.
With radio, marketing term paper, and now the Internet all providing access to potentially millions of consumers in a single go, marketing has itself become a multi-billion-dollar a year industry and is one of the driving forces of the modern capitalist and consumer-driven global economic system.
Developing ever more effective marketing techniques enables business to continue to grow and remain competitive, and is a key concern for organizations operating in almost any industry.
Download full paper NOW! In addition to the ethical concerns in marketing, which are quite extensive, there are also other factors that must go into marketing decisions if they are to be effective for the organization and generally beneficial to society as a whole.
There are significant social and political trends that affect the success of various types of marketing both negatively and positively, and growing understandings of psychology have also come to play a large role in the development of marketing techniques.
All of these factors must be analyzed and understood in tandem for effective marketing to be produced, and the principles of marketing essentially speak to these separate areas. Term Paper on Principles of Marketing Assignment In this paperthe social, political, psychological, and ethical principles involved in contemporary marketing efforts will be examined and described through the lens of a particular industry.
Specifically, the marketing of video games in various media will be examined in this regard, providing an understanding of marketing principles that can also be expanded beyond this particular industry. Marketing in the video game industry was chosen due both to the high volume of marketing materials available for demonstration and analysis as well as for the prominence in the media of discussions involving the possible detrimental effects of video games.
This latter factor has also led to accusations of unethical marketing techniques and practices that serve to make certain marketing principles more clear and easily discussed than they necessarily would be in the context of other industries.
Social Principles The most basic and yet profound way in which larger social trends have a direct impact on marketing is the group mentality that is often a feature in consumer buying behavior, marketing term paper. Cultural influences are never static, but instead continually shift as the result of changes to group mentality, and these can lead to major changes in the responses of individuals to various marketing efforts Marketing term paper Marketing must respond to these cultural shifts if it is to remain effective; marketing research is conducted on an ongoing basis precisely because the shifts that take place in society's perspective directly influence the efficacy of marketing efforts in many different industries Global Media marketing term paper Of course, marketing term paper, the group nature of cultural trends and shifts in social perspective are not total -- not all of marketing term paper society or culture shifts in the same direction at the same time and to the same degree, marketing term paper, and in fact many different cultural trends working towards seemingly opposite ends can coexist at the same time.
Some of these smaller changes in specific populations within a marketing term paper can be seen as reactive to larger cultural trends, creating a complex mix of consumers in diametrically opposed perceptual camps Marketing term paper Understanding the various demographics and social groups that exist within larger populations is just as essential as noting overall shifts in social perception and cultural trends when it comes to developing and implementing effective marketing plans Kurukshetra The video game marketing term paper has definitely come to understand the importance of diversifying marketing efforts in order to reach a broad base of consumers, while keeping up with changes in cultural and social trends at the same time, marketing term paper.
Much of this has to do with the products being offered, but the social influences on marketing even play marketing term paper direct role in this regard. Companies like Nintendo used marketing research to develop products such as certain games for their handheld Nintendo DS device to appeal to middle aged adults as well as the typical younger player of video games, and drastically different marketing techniques are used to reach market to these different demographics Carroll This shows a definite awareness of the social forces currently influencing video game marketing as product lines and capabilities expand into new areas both in terms of function and demographic, marketing term paper.
Political Principles It is incredibly difficult if not impossible to truly separate social and political issues at work in a given society or culture. The two spheres interact and influence each other in innumerable and complex ways, marketing term paper, with cultural trends changing the political landscape and political decisions leading to major cultural shifts at times.
Still, political factors related to the image of a given producer or retailer can have a major impact on the way a given organization's products or services are marketed to the public Global Media Creating and protecting brand image would not always appear to be a highly political endeavor, but almost any company can become embroiled in political marketing term paper through little or no fault of their own and this can require major shifts in marketing efforts to combat Higgins One need look no further than the evening news for an example of a political influence on marketing: BP has been pummeled due to the scenes of environmental damage and the appearance of the company as a major, faceless corporation in its handling of the recent massive oil and natural gas leak, leading to marketing efforts to restore the company's image.
The political issues of corporate responsibility and environmental stewardship have no become huge influences on marketing in this industry, marketing term paper, and a variety of other political issues come into play at various times for other companies and industries Higgins ; Kurukshetra Responding to these influences by restoring companies' images and demonstrating a responsiveness to political pressures is an important feature of marketing.
In the video game industry, several highly charged political issues have been raised form time to time that have had a direct impact on marketing practices within the industry. The violence contained in many video games has led to a warning and labeling system for parents, marketing term paper, after several empirical though non-conclusive studies led to accusations that the increased exposure to this violence and the positioning of the gamer as the person responsible for the depicted violence lead to increased violence marketing term paper the real world and other anti-social behaviors Cumberbatch The decreased physical activity caused by video games has also been cited as a problem, and again Nintendo has been an innovator by developing and marketing products aimed precisely at addressing this concern and increasing the demographics to which its products appeal Carroll This has less to do with company image, but demonstrates how political issues can be turned directly into advantages through clever marketing.
Marketing term paper Principles If there is one area of scientific development in the twentieth century that has been essential to the field of marketing, it is psychology.
Understanding how the human mind works -- what it pays attention to, marketing term paper, how long it pays attention, how memories are created and reinforced, and an abundance of other psychological functions -- has allowed marketing to become vastly more fine-tuned and effective in sometimes subtle ways Young The timing of marketing efforts within other media, the style of marketing, and almost every other feature of marketing materials can be manipulated for a maximum psychological benefit, marketing term paper.
Much of marketing is built on a knowledge of how perception works -- what it takes to convince people of a certain reality, in other words KnowThis As nefarious as this sounds, it is really something that happens on a near-constant basis for all human beings in any marketing term paper exposure to a given stimulus attracts attention, which brings about awareness, and finally a reaction of some sort KnowThis In marketing, the desired reaction is to purchase the offered product or service, or more often in the case of government and non-profit programs taking or refraining from a desired action.
When this last is the case, several of these steps become quite clear -- exposure, attention, and awareness are the explicit goals of public health marketing for a variety of illnesses, for example. This marketing principle remains just as powerful in the private sector of course, and video game marketing is no exception to this rule.
In such instances, there must be enough exposure to specific elements to… [END OF PREVIEW]. READ MORE, marketing term paper. Two Ordering Options:? Related Term Papers: Marketing the Decision to Shop Essay … ¶ … Marketing The decision to shop for a new car is a complex consumer process, and one that takes into account a series of advertising, marketing term paper, branding, marketing factors in… Pages: 1 words · Type: Essay · Style: APA · Bibliography Sources: 1 Marketing Segmentation for a Sports Car Essay … Marketing Segmentation for a Sports Car There are a multitude of segmentation strategies available to auto manufacturers who are selling sports cars globally.
All… Pages: 7 words · Type: Term Paper · Bibliography Sources: 6 Marketing Response There Are Several Significant Advantages Term Paper … Marketing Response There are several significant advantages of using qualitative measurements in marketing research. How to Cite "Principles of Marketing" Term Paper in a Bibliography: APA Style Principles of Marketing, marketing term paper. Chicago Style "Principles of Marketing. August 9, Accessed April 24, Listen to our radio ad! Phone: Text super fast : Marketing term paper Save TEXT: Give us a try.
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