International Journal of Marketing, Financial Services & Management Research Vol.1 Issue 11, November 2012, ISSN 2277 3622 Online available at www.indianresearchjournals.com MARKETING STRATEGIES IN LIFE INSURANCE SERVICES BEENISH SHAMEEM *; DR SAMEER GUPTA ** * RESEARCH SCHOLAR, THE BUSINESS SCHOOL, UNIVERSITY OF JAMMU ** ASSOCIATE PROFESSOR, THE BUSINESS SCHOOL, UNIVERSITY OF JAMMU ABSTRACT The study is designed to evaluate the marketing strategies in life insurance service sector & how these
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Describe the promotional mix used by two selected organisations for a selected product or service. Businesses that are in a competitive market places, selling products at good prices is not enough for them to generate sales and profits. Businesses have to communicate the benefits of products to customers and in marketing this is known as promotional mix. Promotional mixes are different elements that make up an organisations marketing strategy. They need to have the right mix of promotional activity
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fresh juice is offered to accompany the food .The most recent restaurant is Maroush Bakehouse, where customers can get freshly baked artisan and Lebanese bread , cakes and sweets along the traditional Lebanese fare. Market segmentation is a marketing strategy of dividing broad target markets into smaller
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Marketing communication is a set of means executed by companies to give notice, convince and remind potential and actual customers directly or indirectly about the products, service and brands they market to lead to a higher level of trust in the provider and to guarantee the service will be delivered sound enough as promised, thereby encouraging the benefits of both customers and service providers (Kotler et al, 2009). Successful marketing communication relies on a combination of options called
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MARKETING MANAGEMENT INTERNAL ASSESSMENT -II 1. Define marketing strategy? Marketing strategy is the outcome of planned action of conception,analysis and implementation of practical proposition which should yield desired results. 2. What do you mean by value proposition? Value proposition is a statement about the resulting experience customers will gain from the company's market offering and from their relationship with the supplier.The brand must represent a promise about the total
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businesses. As well as this it will explain how market segmentation can help develop a marketing strategy and what the advantages and disadvantages in doing this are. Targeting and positioning within market segments will also be discussed. Mass marketing occurs when a company treats all their potential customers as one homogenous group having the same needs and characteristics. This is done by using the same marketing mix on all customers. This can be beneficial to smaller companies as economies of scale
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Marketing Mix: Starbucks MKT/421 Marketing Mix: Starbucks When thinking about the companies that have had the most successful marketing strategies, Starbucks is one of the top companies. Starbucks is an international coffeehouse beverage chain that has become very successful. Their marketing strategies have allowed it to surpass other coffee offering outlets such as Peet’s Coffee and Dunkin’ Donuts. Starbucks has been able to capitalize on consumers wanting a quality coffee
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Marketing Mix and the elements used provides structure to any organization. The nature and scope of marketing mix is a direction toward satisfying needs of consumers. Within each one of the four elements they detail order and strategies used to gain business. The elements used are product, place, price and promotion. All are implemented in a different ways to show some of the importance of marketing. Within all the elements there is need for complete control in gaining competitive advantage and competing
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Running head: DEFINING MARKETING AND MARKETING MIX Defining Marketing and Marketing Mix Defining Marketing and Marketing Mix An organization ability to market itself to consumers satisfying a need or a desire for specific product or service drives success. One can argue that an organization of any size needs some form of marketing to withstand the elements of time and competition. The forms of marketing can vary from an organizations consumer’s
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Defining Marketing Paper Heidi Maceo MKT 421 12/24/2013 Suzan Craver It is vital for organizations, firms, and companies to set up a goal and work hard in order to achieve that goal. Organizations, firms, and companies have different goals and type of business but they all seek for success, progress, expansion and prosperity. Therefore, they must have a strategy that includes the four elements of the marketing mix; product, place, price, and promotion. Product means the need-satisfying offering
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