...Blister packaging with numbers so that people do not forget taking their pills. In order to achieve their objective CSP should use new product development and market differentiation as their Product Marketing strategy. With a positioning statement --“THE RIGHT PRODUCT FOR RIGHT YOU”. Metabical should target college educated, heath conscious females ages 35-65 looking to shed few extra pounds and thereby raising their self-esteem. Each product in the weight control market has a unique product and marking strategy, strengths and weaknesses (Ex-5) including Metabical, e.g. Alli- Product Differentiation, 1st OTC, FDA approved product VS, Metabical: Product and Marketing differentiation, 1st FDA approved, prescription drug for BMI 25-30. (Ex-10b-Mrktg Strategy). The launch of a product along with continuous communication management plays a very imp. role in deciding the success of the product. Metabical should also be launched with a Press release, massive advertising campaigns through various channels and...
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...American Intercontinental University Unit 3 Individual Project MKTG 205 – Principles of Marketing May 14, 2012 Abstract This paper gives an overview of distribution channels; Channel Levels such as: Direct vs. Indirect Channel Organizations such as Conventional Vertical, Horizontal and Multichannel Marketing Systems. It also, explains my target market needs at the here is also a brief description of how many channel members the company needs and why they need them. Overview of Distribution Channels The success of any business depends upon channel levels for getting products to market. First there is a direct channel and second there is an in-direct channel, both needs to exist for this to happen. The majority of companies can maintain their own using wholesalers and dealers. Which is a three channel system any more than three moves the company to in-direct marketers. This small Mexican food restaurant only requires the three channel system to operate with a positive cash flow. The distribution channels are for larger scale restaurants that distribute a Large amount of product. Products or services that are sold directly to the customers are direct channels which eliminate the middle man so to speak because there are no other companies that cut into the profit margin. When the business does not sell products...
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...Market Research Implementation Plan Chad Christeson, Cussetta Williams, Liz Dela Cruz MKT/441 August 21, 2011 Kevin L. Maevers, MA, AICP In order to keep up to date the with the current market wants, needs and trends, our team would like to use World Wide Surveys and Social Media in order to maintain and build Virgin’s share of the market. In order to have a solid basis to make correct business decisions, it is important to have the correct industry knowledge. To Virgin Atlantic, just knowing what the industry standard is not enough. The company must maintain up-to-date knowledge over their current market position in order to maintain its market share. Having up to date knowledge of the market share allows Virgin Atlantic to know how the company fits in the Industry. This data can be analyzed from the results of the World Wide Survey’s done the International Air Traveler’s Association (IATA), the Transatlantic Passenger survey (TAPS), and the Survey of Passengers on Europe Asia Routes (SPEAR). The results in surveys such as these have a profound on market share, business predictions, investments, and investors. Secondary market research is by definition, “Market research that’s already been compiled and organized…Secondary research uses outside information assembled by government agencies, industry and trade associations, labor unions, media sources, chambers of commerce, and so on” (Entrepreneur, n.d.). Virgin Atlantic Airways and competing airlines are subject...
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...CHAPTER I Problem and Its Scope Introduction The hospitality industry is a broad category of fields within the service industry. It comprises a range of businesses which includes lodging, restaurants, karaoke television bars, event planning, theme parks, transportation, cruise lines, and additional fields within the tourism industry. When most people think of the hospitality industry, they usually think of hotels and restaurants. However, the term “hospitality” means "the reception and entertainment guests, visitors or strangers with liberality and good will." (T.Powers and C.W. Barrows) One of the hospitality industry is restaurant. The word restaurant is one of the covers a broad range of food service operations. The term comes from the French word restaurant, meaning "restorer of energy". The term was used as early as the mid - 1700's to describe public places that offered soup and bread. Any public place that specializes in the sale of prepared food for consumption on-or off premise can be described as a restaurant. (T. Powers and C.W. Barrows) Restaurant offers different specialties that make the consumers enhance their experience in food by having related ambiance. Like Ethnic restaurants, it features a specialized food, with a matching ambiance palying a somewhat larger role. There are, however, "eatertainment" or theme, restaurants, in which the diner's experience is centered in the entertainment provided by the restaurants' stage-set-like decor. Here, the food...
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...------------------------------------------------- CH 1 : NATURE OF STRATEGIC MNGEMENT WHAT IS STRATEGIC MANAGEMENT?? Meaning = art n science of formulating, implementing n evaluating cross functional decisions that enable an organization to achieve the objective Focus on = marketing, finance/accountg, R&D, production/operation Purpose = to exploit n create a new n different opportunities for tomorrow (long term) n optimize for tomorrow the trends of today STAGES OF STRATEGIC MANAGEMENT I. Strategy formulating * Melibatkn top manager * Apa kne buat??? * Develop vision n mission * Knalpasti pluang n ancaman luaran bg sbuah organisasi * Knalpasti kekuatan n klmahan dlmn organisasi * Generating alternative strategy * Pilih strategy tbaik utk dlksanakn * Issues??? * Bisnes apa nk buat @ dlpskn? * Cne nk pruntukn sumber2 yg ade * Nk kmbgkn bisnes @ x? * Nk msuk intrntional market @ x? II. Strategy implementing * Melibatkn semua pkrja n manager * Called as “action stage” n mrupakan most difficult stage * Prlukn interpersonal skill yg tngi * Apa kne buat??? * Wjudkn obj thunan * Devise polisi * Motivate people * Pruntukn sumber spaya strategy frmulatg dpt dlksanakn * Prepare bajet * Utilizing information system * Memerlukn disiplin, komitmen n pngrbanan yg tngi * Uji kmampuan manager utk motivate pkrja (more art than science) * Issues??? * Ape yg ptot kte buat utk...
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...UPASANA a) Environmental :- I. Economic factors:- The agricultural and rural development has enabled our country to achieve self sufficiency in food production and we are now exporting a variety of agricultural commodities to foreign countries. Favorable monsoons during the last 10 years have let to increase in crop yields and rural income. In addition, diversification of a agriculture, development of village industries, migration of rural people into cities, remittance of money, family members settled abroad have increased income level and buying power of villagers. II. Political factors:- The government have taken initiative for economic development of rural areas and have invested heavily in agriculture, irrigation, electricity, khadi and village industries and infra structure facilities such as roads, communication, hospitals, school, and banking. The initiatives certainly let to rural prosperity and opportunities for the marketers. III. Technological development:- The rapid expansion of telecommunication facilities and mobile phone has provided opportunities for rural people to keep in touch with men and markets. Development of TV networks and reasonable channels has enabled the marketers to pass on message about product and services to rural people. In rural areas especially in large villagers and villagers near to towns and cities, children and youth have accused to information such as job opportunities, national news, weather conditions, bank...
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...OurOur responsibility money, A Citizens’ Guide to Monitoring Government Expenditures by Vivek Ramkumar T H E I N T E R N AT I O N A L B U D G E T P R O J E C T Table of Contents Foreword and Acknowledgments PART I Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Introduction: Why Civil Society Groups Need to Track and Monitor Budget Spending . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Chapter 1: Overview of the Budget Cycle . . . . . . . . . . . . . . . . . . . . . . . . 6 Chapter 2: Why Government Expenditures Can Deviate from the Annual Budget . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 PART II The Budget Execution Process . . . . . . . . . . . . . . . . . . 13 Chapter 3: The Budget Execution Process . . . . . . . . . . . . . . . . . . . . . . 14 Chapter 4: Case Studies on Successful Civil Society Initiatives to Monitor Budget Execution . . . . . . . . . . . . . . . . . . . . . . . . . 21 1: MKSS Undertakes Social Audits in India . . . . . . . . . . . .21 2: CSCQBE Carries Out Public Expenditure Tracking Surveys in Malawi . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .31 Chapter 5: Other Successful Initiatives in Monitoring Budget Execution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .39 PART III The Procurement Process . . . . . . . . . . . . . . . . . . . . . . 45 Chapter 6: The Procurement Process . . . . . . . ...
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