This document contains information about marketing and instructions for an assignment on marketing. It defines marketing as finding out about customers and competitors so you can offer the right product at the right price. It also notes that marketing is important for product decisions. The assignment involves matching marketing questions to paragraphs, highlighted terms to definitions, and underlining marketing objectives and research methods. It concludes with instructions to research a specific product's target market, objectives, market share, and competitors.
This document contains information about marketing and instructions for an assignment on marketing. It defines marketing as finding out about customers and competitors so you can offer the right product at the right price. It also notes that marketing is important for product decisions. The assignment involves matching marketing questions to paragraphs, highlighted terms to definitions, and underlining marketing objectives and research methods. It concludes with instructions to research a specific product's target market, objectives, market share, and competitors.
This document contains information about marketing and instructions for an assignment on marketing. It defines marketing as finding out about customers and competitors so you can offer the right product at the right price. It also notes that marketing is important for product decisions. The assignment involves matching marketing questions to paragraphs, highlighted terms to definitions, and underlining marketing objectives and research methods. It concludes with instructions to research a specific product's target market, objectives, market share, and competitors.
This document contains information about marketing and instructions for an assignment on marketing. It defines marketing as finding out about customers and competitors so you can offer the right product at the right price. It also notes that marketing is important for product decisions. The assignment involves matching marketing questions to paragraphs, highlighted terms to definitions, and underlining marketing objectives and research methods. It concludes with instructions to research a specific product's target market, objectives, market share, and competitors.
: Walter Sez : Commerce Engineer. : 1. : Ursula Henrquez T. : November 6th, 2013.
1. - What is marketing? Why is it important?
Marketing is finding out about your customers and competitors so that you can provide the right product at the right price. Marketing is the process of determining the needs and wants of consumers and deliver products that satisfy those needs and wants. Marketing is important for making decisions about the product offering. 2. - Read this article about marketing. Match the questions (1-6) with the paragraphs (a-f) 1) How do I meet my objectives?
2) What do I want to achieve?
3) What is marketing?
4) How do I communicate my message?
5) How do I find out this information?
6) What do I need to know?
3- Match the highlighted words and phrases in the text with
the definitions (1-8) 1) Ways of telling people about your products 2) The part of the total market that buys your products market
Promotion Target
3) Knowledge of your companys products
Product awareness 4) Other companies that sell similar products 5) Finding out about the market share
Competitors Market
6) To introduce a new product to the market
Launch
7) The kind of people you are interested in selling to
research
Market
8) A plan you use in order to achieve something
Strategy
4. - Look at the text again. Find and underline
1) Two market research methods:
Interviews to find out about the attitude of people.
Questionnaires to find out about their shopping habits.
2) Three marketing objectives:
Find new customers
Take customers from your competitors Persuade your customers to use more of your products.
6.- Work in pairs. Do some research. Think of a product you
know or buy regularly, and about how the company markets it. Who is its target market? What are its objectives? Find out what you can about the company. What is its market share? Who are its competitors?
Product (Service): Audi is a German automobile manufacturer,
designs, engineers, manufactures and distributes automobiles. Target market: People from upper middle class.
Objectives: Its objective is to implement innovations in the vehicle
based on new technologies. Market share: 33.5% of the market premium segment. Competitors: Ferrari, Dodge, Porsche, Lexus and Pontiac.