operations, growth of an organization and the results of a marketing decision. There are several forces that will affect the business of the retail store Etude House. The first force is the technological forces. Advanced technology often creates new products based on innovation and creativity and it has the potential to change the ways of operating a business. The advancement of technology allows Etude House to operate their business more conveniently and perfectly. They allow debit-card and credit-card
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Investor Pitch Team B MKT 571 September 9, 2014 Don Olsen Investor Pitch The Bed Shoe is a product that has been developed to protect all people toes when walking into a bedroom or living room without stubbing a toe on the furniture. In the beginning of the report, we explained the vision and mission of the Bed Shoe. The bed shoe will be introduced to the world through the help of advertisements, word of mouth, promotional displays, radio, internet and informorcials. The bed shoe is in
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Marianne, W. (2003). ‘Shedding light on fitting rooms,’ Chain Store Age, Vol.78 No. 8, pp. 160-164 1. Bearden, William O. (1977). ‘Determining attributes of store patronage; Downtown versus Outlying shopping centers,’ Journal of Retailing, Vol. 53 No. 2, pp. 17-21. 2. Lee, L.S., Ibrahim, M.F. & Hsueh-Shan, C. (2005). ‘Shopping-centre attributes affecting male shopping behaviour,’ Journal of Retail and Leisure Property, Vol. 4 No.4, pp. 324-340. 3. Thang, D.C.L. & Tan,
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problem or need that can be meet by buying a product or service. General need description: Let's assume that fashion retail outlet is catering for both consumers and business clients wants to improve its services or products so in this step characteristics of the services and prod that fashion retail outlet is needed are explicitly expressed. Product specification: After the pervious step, fashion retail outlet will express the specification of the product or services which will be of course done
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attractive for the customer. The color also can create feelings for customer; for example, blue can create calmness and trust. The color of background also can affect visual merchandising; hence the customers can keep attention and focused on a certain product. To maximize the use of color, lighting is a very important factor. It is found that, customers’ view will be directly to an area with the brightest light. Hence, lighting can draw customer’s attention and direct their path to be able to see around
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line of business includes those products sold by Amazon as a traditional retailer, most commonly as a low-cost retailer, and Amazon claims to have “Earth’s biggest Selection” of products available through its family of websites, sold at the lowest cost at a small profit. However, Amazon doesn’t stock everything that is sold through its website. Another portion of its online retail strategy is to serve as the channel platform for other retailers to sell their products and taking a cut of every purchase
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Introduction Company G a leader in the small appliance industry announces a new product to simplify your time in the kitchen baking with our new XG Standing Mixer. The XG Standing Mixer comes with an LCD touch screen that enables you to program mixing times, speed and much more. Mission Statement We enable consumers to improve the quality and convenience of their lives by providing innovative electronics solutions. Product Description and Classification The XG Stand Mixer is a standing countertop
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What is a company’s best asset? Their product? Their CEO? Their sales assistants? No their best asset is their marketers. If a marketer is the company’s best asset then what is it they do exactly? A marketer’s job doesn’t have a set criteria list that states whether to making them a good marketer or not. What makes a good marketer is their skills in analysing, eye for details, research abilities & many more attributes. Marketers spend a lot of time analysing not only their own brand but
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questions; 1. Based on your analysis, what are the opportunities and challenges for IKEA in their market operations in (a) China; and (b) Japan? 2. Describe the market entry strategies that IKEA adopt in China and Japan respectively. 3. What are IKEA product, pricing, marketing communication and distribution decisions in the two Asian markets? To what extent these marketing mixes have been adapted to the preferences and needs of these markets? 4. For each of these markets, discuss and justify what
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addressed by its marketing efforts 2. Products – consists of tangible (e.g., goods) or intangible (e.g., services) solution to the market’s needs 3. Promotion – a means for communicating information about the marketing organization’s products to the market 4. Distribution – the methods used by the marketer that enable the market to obtain products 5. Pricing – ways for the marketer to set and adjust the cost paid by the market to obtain products 6. Supporting Services – additional
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