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Web Links and Exercises
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The marketing concept.
The idea that an organization should aim all of its efforts at satisfying its customers - at a profit
www.witiger.com/marketing/marketingconcept.htm

Fundamental to marketing, the 4P's
www.witiger.com/marketing/4Ps.htm
product
price
promotion
place (location)

read also about the 4 e-P's at
www.witiger.com/marketing/4Ps.htm

The evolution of marketing

  • Product orientation

  • Sales Orientation

  • Marketing Orientation


Watch the video discussing these orientations at

http://www.youtube.com/watch?v=ntX9xeDgDo8

The main reason why we have Segmentation is because we have so many types of customers. The reason why Segmentation has become important in teaching and learning about marketing is because these groups of different customers have:
  1. become more numerous, we have many more types of segments

  2. the differences among groups have become more distinct

  3. the groups have become large in number

See www.witiger.com/marketing/marketsegmentation.htm

Gathering data is vital to the marketing research process, but it can be quite expensive. Normally, the least expensive method is to gather secondary data: that is, information that has already been compiled. Go to www.acnielsen.ca. What does the company do? Discuss 3 trends and insights from their home page.

For years, the Canadian Marketing Association has been a valuable source of information for consumers. Visit them online at www.the-cma.org. Under "Consumer Information", is there anything devoted to protecting you as a consumer? Describe what you have learnt about protecting yourself online.







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