ualification |
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Business (Marketing) |
Unit 4 Marketing Principle |
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QFC Level |
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Level 5 |
15 credits |
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Unit Code |
Unit By |
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H/601/1098 |
Locus Assignment Help |
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Assignment title |
Marketing Principle |
You will segment the market first, then target a market (or markets) and then position yourself in the market.
Show macro and micro environmental factors which influence marketing decisions in Sainsburys
Evidence: report
Choose a targeting strategy for a selected product/service in Sainsburys
Demonstrate how buyer behaviour affects marketing activities in different buying situations in Sainsburys
environmental influences; personal variables demographic, sociological, psychological motivation, perception and learning; social factors; physiological stimuli; attitudes; other lifestyle and life cycle variables; consumer and organisational buying
Product: products and brands features, advantages and benefits; the total product concept; product mix; product life cycle and its effect on other elements of the marketing mix; product strategy; new product development; adoption process
Evidence: report
How can the place and then distribution arrangement of Sainsburys sustain its competitive advantage? - please use 3 points.
Place:customer convenience and availability; definition of channels; types and functions of intermediaries; channel selection; integration and distribution systems; franchising; physical distribution management and logistics; ethical issues
Evidence: report
How can the prices of Sainsburys sustain its competitive advantage? - please use 3 points.
Price: perceived value; pricing context and process; pricing strategies; demand elasticity; competition; costs, psychological, discriminatory; ethical issues
Evidence: report
How can the promotional activities of Sainsburys sustain its competitive advantage?
- please use 3 points.
Promotion: awareness and image; effective communication; integrated communication process (SOSTT + 4Ms); promotional mix elements; push and pull strategies; advertising above and below the line including packaging; public relations and sponsorship; sales promotion; direct marketing and personal selling; branding, internet and online marketing
Evidence: report with examples and diagrams
The shift from the 4Ps to the 7Ps: product-service continuum; concept of the extended marketing mix; the significance of the soft elements of marketing (people, physical evidence and process management)
Evidence: report
D3: For each of the question above, ensure that proper evaluation and decisions have been taken based on facts gathered within the scenario. Evidence: linked to the tasks above
Consumer markets: fast moving consumer goods; consumer durables; coordinated marketing mix to achieve objectives
Evidence: report with examples
International markets: globalisation; cultural differences; standardisation versus adaptation; the EU; benefits and risks; market attractiveness; international marketing mix strategies
Evidence: report
M2.2 In 4.1, demonstrate the use of different sources of information with adequate and appropriate references.
Evidence: linked to 4.1
Why does inflation make nominal GDP a poor measure of the increase in total production?
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