SlideShare uma empresa Scribd logo
1 de 4
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )
AEREN FOUNDATION’S Maharashtra Govt. Reg. No.: F-11724
Name : UMER MUQUTHER S A Marks : 80
Course : Specialisation
Subject : Marketing Management
Answer the following question.
Question. 1. Explain Forms of Direct Marketing.
Answer:Directmarketingoccurswhenthe “producer”connectswiththe enduser.The enduser may
be a consumer or a business.
Directmarketingappliestoproductandservice-orientedbusinesses,andtononprofit organizations.
In all situations, there is no intermediary involved.
Question.2. What do you mean by the term product Life Cycle (PLC)
Explain the stages of PLC. Find out in which stage of PLC are the
AN ISO 9001 : 2008 CERTIFIED INTERNATIONAL B-
SCHOOL
Following product in India, and suggest suitable marketing
strategies for each
a) Tooth Powder
b) Microwave Ovens
b) Bicycles
d) VCRs.
Answer:A new product passes through set of stages known as product life cycle. Product life cycle
applies to both brand and category of products. Its time period vary from product to product.
Modernproduct life cyclesare becomingshorterandshorterasproductsin mature stages are being
renewed by market segmentation and product differentiation.
Companies always attempt to maximize the
Question.3. Discuss the role & importance of physical distribution
in the consumer products marketing.
Answer:The physical distribution arrangement or system designed to move the goods from
producers and manufacturers to the users has a definite role. That is why; all wise business firms
have forgedaheadwithinvestmentof gooddeal of time,treasure andtalentinphysical distribution
system improvements to get best to others.
It providesaneworientationformarketing.Itgivesdistributionfactorsthe importance theydeserve
in marketing and business policies, plans and decisions.
Question.5. What are Current trends in packaging?
Answer:Consumersare creaturesof sensation.Packagingdesignisall about engaging their sense of
touch and sight to influence buying habits. They’re also becoming increasingly sophisticated and
discerning buyers. As a result, the trend in packaging design is toward meeting their demands for
better designed and environmentally responsible products. Fortunately our creativity, combined
with today’s technology, allows us to blend new materials and processes that push the design
envelope while influencing consumer behaviour.
Question.6. Give the steps in launching a new product. Also give
various methods of test marketing a new Product.
Answer:Developing a new product shouldn’t feel like you’re fighting in the dark. There’s an easier
way. What you need is a structured road-map that gives your business a clear path to follow.
Actually developing the tangible product or service is only a small part of the new product
development process, which includes the complete journey from generating the initial idea to
bringing the product to market.
By setting out the steps involved, and sticking to them, your product development will become a
more focused and flexible approach that can be
Question.7. Explain Product Life Cycle in detail .How do marketing
strategies change as product moves. through various stages of Life
cycle
Answer:A new product progresses through a sequence of stages from introduction to growth,
maturity, and decline. This sequence is known as the product life cycle and is associated with
changes in the marketing situation, thus impacting the marketing strategy and the marketing mix.
The product revenue andprofits canbe plottedasa functionof the life-cycle stages as shown in the
graph below:
Introduction Stage: In the introduction stage, the firm seeks to build product awareness and
develop a market for the product. The impact on the marketing mix is as follows:
 Productbrandingand qualitylevel isestablished,andintellectual propertyprotectionsuch as
patents and trademarks are obtained.
 Pricingmaybe lowpenetrationpricing to build market share rapidly, or high skim pricing to
recover development costs.
 Distribution is selective until consumers show acceptance of the product.
 Promotion is aimed at innovators and early adopters. Marketing communications seeks to
build product awareness and to educate potential consumers about the product.
Growth Stage: In the growth stage, the firm seeks to build brand preference and increase market
share.
 Product quality is maintained and additional features and support services may be added.
 Pricing is maintained as the firm enjoys increasing demand with little competition.
 Distribution channels are added as demand increases and customers accept the product.
 Promotion is aimed at a broader audience.
Maturity Stage: At maturity, the strong growth in sales diminishes. Competition may appear with
similar products. The primary objective at this point is to defend market share while maximizing
profit.
 Product features may be enhanced to differentiate the product from that of competitors.
 Pricing may be lower because of the new competition.
 Distributionbecomesmore intensive andincentivesmaybe offeredtoencourage preference
over competing products.
 Promotion emphasizes product differentiation.
Decline Stage: As sales decline, the firm has several options:
 Maintainthe product,possiblyrejuvenatingitbyadding new features and finding new uses.
 Harvestthe product - reduce costsand continue toofferit,possiblytoaloyal niche segment.
 Discontinue the product,liquidating remaining inventory or selling it to another firm that is
willing to continue the product.
Question.8. How will you alter the marketing mix –intensity
&composition ,as a product is entering the maturity stage in the
lifecycle? How again the marketing mix will have to be modified
,when the same product ,later on, starts showing sales – decline?
Answer:The marketingmix decisionsinthe decline phase will depend on the selected strategy. For
example, the product may be changed if it is being rejuvenated, or left unchanged if it is being
harvested or liquidated. The price may be maintained if the product is harvested, or reduced
drastically if liquidated.
A product life cycle is the typical stages a product
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )

Mais conteúdo relacionado

Mais procurados

Marketing Management - 4 Ps
Marketing Management - 4 PsMarketing Management - 4 Ps
Marketing Management - 4 PsSarosh Gul
 
Product and Brand Management unit - 1
Product and Brand Management unit - 1Product and Brand Management unit - 1
Product and Brand Management unit - 1Balasri Kamarapu
 
STAGES OF NEW Product Development
STAGES OF  NEW Product DevelopmentSTAGES OF  NEW Product Development
STAGES OF NEW Product DevelopmentSundar B N
 
New Product Development And Product Life-Cycle Strategies
New Product Development And Product Life-Cycle StrategiesNew Product Development And Product Life-Cycle Strategies
New Product Development And Product Life-Cycle StrategiesMr.Yes!
 
Ch 14 Developing Pricing Strategies And Programs- Manalang
Ch 14 Developing Pricing Strategies And Programs- ManalangCh 14 Developing Pricing Strategies And Programs- Manalang
Ch 14 Developing Pricing Strategies And Programs- Manalangtonsmanalang
 
V47 Ch17 Marketing Comm Visual Edition Ysa Nagui
V47 Ch17 Marketing Comm Visual Edition Ysa NaguiV47 Ch17 Marketing Comm Visual Edition Ysa Nagui
V47 Ch17 Marketing Comm Visual Edition Ysa Naguiysanagui
 
Ch17: Designing and Managing Integrated Marketing Communications
Ch17: Designing and Managing Integrated Marketing CommunicationsCh17: Designing and Managing Integrated Marketing Communications
Ch17: Designing and Managing Integrated Marketing Communicationsbrgarcia
 
Product Launch Methodology
Product Launch MethodologyProduct Launch Methodology
Product Launch MethodologyDennis Stevenson
 
Principles of marketing chapter 2 theory
Principles of marketing chapter 2 theoryPrinciples of marketing chapter 2 theory
Principles of marketing chapter 2 theoryPartha Protim Roy Niloy
 
New product development 23
New product development 23New product development 23
New product development 23zahidulislams
 
Product Development & Product Testing
Product Development & Product TestingProduct Development & Product Testing
Product Development & Product TestingSuzy
 
New product development
New product developmentNew product development
New product developmentVijyata Singh
 

Mais procurados (20)

02 product life cycle
02 product life cycle02 product life cycle
02 product life cycle
 
Marketing Management - 4 Ps
Marketing Management - 4 PsMarketing Management - 4 Ps
Marketing Management - 4 Ps
 
Product launch
Product launchProduct launch
Product launch
 
New product
New productNew product
New product
 
Product and Brand Management unit - 1
Product and Brand Management unit - 1Product and Brand Management unit - 1
Product and Brand Management unit - 1
 
STAGES OF NEW Product Development
STAGES OF  NEW Product DevelopmentSTAGES OF  NEW Product Development
STAGES OF NEW Product Development
 
New Product Development And Product Life-Cycle Strategies
New Product Development And Product Life-Cycle StrategiesNew Product Development And Product Life-Cycle Strategies
New Product Development And Product Life-Cycle Strategies
 
CASE STUDY.KP
CASE STUDY.KPCASE STUDY.KP
CASE STUDY.KP
 
Ch 14 Developing Pricing Strategies And Programs- Manalang
Ch 14 Developing Pricing Strategies And Programs- ManalangCh 14 Developing Pricing Strategies And Programs- Manalang
Ch 14 Developing Pricing Strategies And Programs- Manalang
 
bs
bsbs
bs
 
V47 Ch17 Marketing Comm Visual Edition Ysa Nagui
V47 Ch17 Marketing Comm Visual Edition Ysa NaguiV47 Ch17 Marketing Comm Visual Edition Ysa Nagui
V47 Ch17 Marketing Comm Visual Edition Ysa Nagui
 
Npd & plc
Npd & plcNpd & plc
Npd & plc
 
Ch17: Designing and Managing Integrated Marketing Communications
Ch17: Designing and Managing Integrated Marketing CommunicationsCh17: Designing and Managing Integrated Marketing Communications
Ch17: Designing and Managing Integrated Marketing Communications
 
8 new product development
8 new product development8 new product development
8 new product development
 
Product Launch Methodology
Product Launch MethodologyProduct Launch Methodology
Product Launch Methodology
 
Marketing mix product
Marketing mix productMarketing mix product
Marketing mix product
 
Principles of marketing chapter 2 theory
Principles of marketing chapter 2 theoryPrinciples of marketing chapter 2 theory
Principles of marketing chapter 2 theory
 
New product development 23
New product development 23New product development 23
New product development 23
 
Product Development & Product Testing
Product Development & Product TestingProduct Development & Product Testing
Product Development & Product Testing
 
New product development
New product developmentNew product development
New product development
 

Destaque

Financial and cost accounting
Financial and cost accountingFinancial and cost accounting
Financial and cost accountingsmumbahelp
 
Mk0012 retail marketing
Mk0012  retail marketingMk0012  retail marketing
Mk0012 retail marketingsmumbahelp
 
Mu0016 performance management and appraisal
Mu0016  performance management and appraisalMu0016  performance management and appraisal
Mu0016 performance management and appraisalsmumbahelp
 
Business statistics
Business statisticsBusiness statistics
Business statisticssmumbahelp
 
Mu0015 compensation and benefits
Mu0015  compensation and benefitsMu0015  compensation and benefits
Mu0015 compensation and benefitssmumbahelp
 
Sales management
Sales managementSales management
Sales managementsmumbahelp
 
Mi0033 – software engineering
Mi0033 – software engineeringMi0033 – software engineering
Mi0033 – software engineeringsmumbahelp
 
International business
International businessInternational business
International businesssmumbahelp
 
Mu0018 – change management
Mu0018 – change managementMu0018 – change management
Mu0018 – change managementsmumbahelp
 
Ms 9 - managerial economics
Ms  9 - managerial economicsMs  9 - managerial economics
Ms 9 - managerial economicssmumbahelp
 
Ms 11 - strategic management
Ms   11 - strategic managementMs   11 - strategic management
Ms 11 - strategic managementsmumbahelp
 
Bba 402 management accounting
Bba 402  management accountingBba 402  management accounting
Bba 402 management accountingsmumbahelp
 
Mit109 – software engineering
Mit109 – software engineeringMit109 – software engineering
Mit109 – software engineeringsmumbahelp
 
Mi0034 – database management system
Mi0034 – database management systemMi0034 – database management system
Mi0034 – database management systemsmumbahelp
 
Ms 3 - economic and social environment
Ms   3 - economic and social environmentMs   3 - economic and social environment
Ms 3 - economic and social environmentsmumbahelp
 
Bba 405 retail management
Bba 405  retail managementBba 405  retail management
Bba 405 retail managementsmumbahelp
 
Bba404 small business management
Bba404  small business managementBba404  small business management
Bba404 small business managementsmumbahelp
 
Marketing management(2)
Marketing management(2)Marketing management(2)
Marketing management(2)smumbahelp
 
Sales management(2)
Sales management(2)Sales management(2)
Sales management(2)smumbahelp
 
Business communication & etiquette
Business communication & etiquetteBusiness communication & etiquette
Business communication & etiquettesmumbahelp
 

Destaque (20)

Financial and cost accounting
Financial and cost accountingFinancial and cost accounting
Financial and cost accounting
 
Mk0012 retail marketing
Mk0012  retail marketingMk0012  retail marketing
Mk0012 retail marketing
 
Mu0016 performance management and appraisal
Mu0016  performance management and appraisalMu0016  performance management and appraisal
Mu0016 performance management and appraisal
 
Business statistics
Business statisticsBusiness statistics
Business statistics
 
Mu0015 compensation and benefits
Mu0015  compensation and benefitsMu0015  compensation and benefits
Mu0015 compensation and benefits
 
Sales management
Sales managementSales management
Sales management
 
Mi0033 – software engineering
Mi0033 – software engineeringMi0033 – software engineering
Mi0033 – software engineering
 
International business
International businessInternational business
International business
 
Mu0018 – change management
Mu0018 – change managementMu0018 – change management
Mu0018 – change management
 
Ms 9 - managerial economics
Ms  9 - managerial economicsMs  9 - managerial economics
Ms 9 - managerial economics
 
Ms 11 - strategic management
Ms   11 - strategic managementMs   11 - strategic management
Ms 11 - strategic management
 
Bba 402 management accounting
Bba 402  management accountingBba 402  management accounting
Bba 402 management accounting
 
Mit109 – software engineering
Mit109 – software engineeringMit109 – software engineering
Mit109 – software engineering
 
Mi0034 – database management system
Mi0034 – database management systemMi0034 – database management system
Mi0034 – database management system
 
Ms 3 - economic and social environment
Ms   3 - economic and social environmentMs   3 - economic and social environment
Ms 3 - economic and social environment
 
Bba 405 retail management
Bba 405  retail managementBba 405  retail management
Bba 405 retail management
 
Bba404 small business management
Bba404  small business managementBba404  small business management
Bba404 small business management
 
Marketing management(2)
Marketing management(2)Marketing management(2)
Marketing management(2)
 
Sales management(2)
Sales management(2)Sales management(2)
Sales management(2)
 
Business communication & etiquette
Business communication & etiquetteBusiness communication & etiquette
Business communication & etiquette
 

Semelhante a Marketing management

2. Product & Branding Nov 2008
2. Product & Branding Nov 20082. Product & Branding Nov 2008
2. Product & Branding Nov 2008RobbieA
 
Marketing management unit -2 b.com h IV SEMM
Marketing management unit -2 b.com h IV SEMMMarketing management unit -2 b.com h IV SEMM
Marketing management unit -2 b.com h IV SEMMKetanGoel10
 
Internal seminar.ppt gunjan copy
Internal seminar.ppt gunjan   copyInternal seminar.ppt gunjan   copy
Internal seminar.ppt gunjan copyOvi Gupta
 
PLCM Module-3-Dr.GMS JSSATEB.pptx
PLCM Module-3-Dr.GMS JSSATEB.pptxPLCM Module-3-Dr.GMS JSSATEB.pptx
PLCM Module-3-Dr.GMS JSSATEB.pptxswamy62
 
Product, services and brands 2
Product, services and brands  2Product, services and brands  2
Product, services and brands 2Mayanka Singh
 
MBA Marketing - Final project report on sales promotion in home automation , ...
MBA Marketing - Final project report on sales promotion in home automation , ...MBA Marketing - Final project report on sales promotion in home automation , ...
MBA Marketing - Final project report on sales promotion in home automation , ...Vasudev Gedela
 
Presentasi product life cycle
Presentasi   product life cyclePresentasi   product life cycle
Presentasi product life cycleLENY VASIDATUR
 
FACULTY OF COMPUTING AND BUSINESS MANAGEMENTVILA COLLEGEBM.docx
FACULTY OF COMPUTING AND BUSINESS MANAGEMENTVILA COLLEGEBM.docxFACULTY OF COMPUTING AND BUSINESS MANAGEMENTVILA COLLEGEBM.docx
FACULTY OF COMPUTING AND BUSINESS MANAGEMENTVILA COLLEGEBM.docxmydrynan
 
Dr. ibha Rani_ New product Development.pptx
Dr. ibha Rani_ New product Development.pptxDr. ibha Rani_ New product Development.pptx
Dr. ibha Rani_ New product Development.pptxIbhaRani
 
Bus169 Kotler Chapter 09
Bus169 Kotler Chapter 09Bus169 Kotler Chapter 09
Bus169 Kotler Chapter 09Alwyn Lau
 
Ms 06 marketing for managers (2)
Ms 06   marketing for managers (2)Ms 06   marketing for managers (2)
Ms 06 marketing for managers (2)smumbahelp
 
Mb0046 marketing management
Mb0046   marketing managementMb0046   marketing management
Mb0046 marketing managementsmumbahelp
 
Marketing Involvement in New product development
Marketing Involvement in New product development Marketing Involvement in New product development
Marketing Involvement in New product development Nomanzakir127
 
Webinar on Marketing Basics by IIM Rohtak for Admissions-2014
Webinar on Marketing Basics by IIM Rohtak for Admissions-2014Webinar on Marketing Basics by IIM Rohtak for Admissions-2014
Webinar on Marketing Basics by IIM Rohtak for Admissions-2014PR Cell, IIM Rohtak
 
Module 3 PRODUCT & PRICING DECISIONS.ppt
Module 3 PRODUCT & PRICING DECISIONS.pptModule 3 PRODUCT & PRICING DECISIONS.ppt
Module 3 PRODUCT & PRICING DECISIONS.pptARoohSNgh
 

Semelhante a Marketing management (20)

2. Product & Branding Nov 2008
2. Product & Branding Nov 20082. Product & Branding Nov 2008
2. Product & Branding Nov 2008
 
Product life cycle
Product life cycleProduct life cycle
Product life cycle
 
Marketing management unit -2 b.com h IV SEMM
Marketing management unit -2 b.com h IV SEMMMarketing management unit -2 b.com h IV SEMM
Marketing management unit -2 b.com h IV SEMM
 
Product life cycle
Product life cycleProduct life cycle
Product life cycle
 
Internal seminar.ppt gunjan copy
Internal seminar.ppt gunjan   copyInternal seminar.ppt gunjan   copy
Internal seminar.ppt gunjan copy
 
Marketing Management
Marketing ManagementMarketing Management
Marketing Management
 
PLCM Module-3-Dr.GMS JSSATEB.pptx
PLCM Module-3-Dr.GMS JSSATEB.pptxPLCM Module-3-Dr.GMS JSSATEB.pptx
PLCM Module-3-Dr.GMS JSSATEB.pptx
 
Product, services and brands 2
Product, services and brands  2Product, services and brands  2
Product, services and brands 2
 
MBA Marketing - Final project report on sales promotion in home automation , ...
MBA Marketing - Final project report on sales promotion in home automation , ...MBA Marketing - Final project report on sales promotion in home automation , ...
MBA Marketing - Final project report on sales promotion in home automation , ...
 
Presentasi product life cycle
Presentasi   product life cyclePresentasi   product life cycle
Presentasi product life cycle
 
FACULTY OF COMPUTING AND BUSINESS MANAGEMENTVILA COLLEGEBM.docx
FACULTY OF COMPUTING AND BUSINESS MANAGEMENTVILA COLLEGEBM.docxFACULTY OF COMPUTING AND BUSINESS MANAGEMENTVILA COLLEGEBM.docx
FACULTY OF COMPUTING AND BUSINESS MANAGEMENTVILA COLLEGEBM.docx
 
Dr. ibha Rani_ New product Development.pptx
Dr. ibha Rani_ New product Development.pptxDr. ibha Rani_ New product Development.pptx
Dr. ibha Rani_ New product Development.pptx
 
Bus169 Kotler Chapter 09
Bus169 Kotler Chapter 09Bus169 Kotler Chapter 09
Bus169 Kotler Chapter 09
 
Ms 06 marketing for managers (2)
Ms 06   marketing for managers (2)Ms 06   marketing for managers (2)
Ms 06 marketing for managers (2)
 
Mb0046 marketing management
Mb0046   marketing managementMb0046   marketing management
Mb0046 marketing management
 
Product Life Cycle
Product Life CycleProduct Life Cycle
Product Life Cycle
 
Marketing Involvement in New product development
Marketing Involvement in New product development Marketing Involvement in New product development
Marketing Involvement in New product development
 
Webinar on Marketing Basics by IIM Rohtak for Admissions-2014
Webinar on Marketing Basics by IIM Rohtak for Admissions-2014Webinar on Marketing Basics by IIM Rohtak for Admissions-2014
Webinar on Marketing Basics by IIM Rohtak for Admissions-2014
 
Module 3 PRODUCT & PRICING DECISIONS.ppt
Module 3 PRODUCT & PRICING DECISIONS.pptModule 3 PRODUCT & PRICING DECISIONS.ppt
Module 3 PRODUCT & PRICING DECISIONS.ppt
 
A new entrant rfid
A new entrant rfidA new entrant rfid
A new entrant rfid
 

Último

Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsTechSoup
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsMebane Rash
 
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17  How to Extend Models Using Mixin ClassesMixin Classes in Odoo 17  How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17 How to Extend Models Using Mixin ClassesCeline George
 
ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.MaryamAhmad92
 
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxHMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxEsquimalt MFRC
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17Celine George
 
Unit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxUnit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxVishalSingh1417
 
Application orientated numerical on hev.ppt
Application orientated numerical on hev.pptApplication orientated numerical on hev.ppt
Application orientated numerical on hev.pptRamjanShidvankar
 
Single or Multiple melodic lines structure
Single or Multiple melodic lines structureSingle or Multiple melodic lines structure
Single or Multiple melodic lines structuredhanjurrannsibayan2
 
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...pradhanghanshyam7136
 
ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701bronxfugly43
 
Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and ModificationsMJDuyan
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the ClassroomPooky Knightsmith
 
Unit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxUnit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxVishalSingh1417
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxAreebaZafar22
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.christianmathematics
 
Dyslexia AI Workshop for Slideshare.pptx
Dyslexia AI Workshop for Slideshare.pptxDyslexia AI Workshop for Slideshare.pptx
Dyslexia AI Workshop for Slideshare.pptxcallscotland1987
 
General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...Poonam Aher Patil
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfciinovamais
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSCeline George
 

Último (20)

Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The Basics
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17  How to Extend Models Using Mixin ClassesMixin Classes in Odoo 17  How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
 
ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.
 
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxHMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17
 
Unit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxUnit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptx
 
Application orientated numerical on hev.ppt
Application orientated numerical on hev.pptApplication orientated numerical on hev.ppt
Application orientated numerical on hev.ppt
 
Single or Multiple melodic lines structure
Single or Multiple melodic lines structureSingle or Multiple melodic lines structure
Single or Multiple melodic lines structure
 
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
 
ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701
 
Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and Modifications
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the Classroom
 
Unit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxUnit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptx
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptx
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.
 
Dyslexia AI Workshop for Slideshare.pptx
Dyslexia AI Workshop for Slideshare.pptxDyslexia AI Workshop for Slideshare.pptx
Dyslexia AI Workshop for Slideshare.pptx
 
General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POS
 

Marketing management

  • 1. Dear students get fully solved assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601 (Prefer mailing. Call in emergency ) AEREN FOUNDATION’S Maharashtra Govt. Reg. No.: F-11724 Name : UMER MUQUTHER S A Marks : 80 Course : Specialisation Subject : Marketing Management Answer the following question. Question. 1. Explain Forms of Direct Marketing. Answer:Directmarketingoccurswhenthe “producer”connectswiththe enduser.The enduser may be a consumer or a business. Directmarketingappliestoproductandservice-orientedbusinesses,andtononprofit organizations. In all situations, there is no intermediary involved. Question.2. What do you mean by the term product Life Cycle (PLC) Explain the stages of PLC. Find out in which stage of PLC are the AN ISO 9001 : 2008 CERTIFIED INTERNATIONAL B- SCHOOL
  • 2. Following product in India, and suggest suitable marketing strategies for each a) Tooth Powder b) Microwave Ovens b) Bicycles d) VCRs. Answer:A new product passes through set of stages known as product life cycle. Product life cycle applies to both brand and category of products. Its time period vary from product to product. Modernproduct life cyclesare becomingshorterandshorterasproductsin mature stages are being renewed by market segmentation and product differentiation. Companies always attempt to maximize the Question.3. Discuss the role & importance of physical distribution in the consumer products marketing. Answer:The physical distribution arrangement or system designed to move the goods from producers and manufacturers to the users has a definite role. That is why; all wise business firms have forgedaheadwithinvestmentof gooddeal of time,treasure andtalentinphysical distribution system improvements to get best to others. It providesaneworientationformarketing.Itgivesdistributionfactorsthe importance theydeserve in marketing and business policies, plans and decisions. Question.5. What are Current trends in packaging? Answer:Consumersare creaturesof sensation.Packagingdesignisall about engaging their sense of touch and sight to influence buying habits. They’re also becoming increasingly sophisticated and discerning buyers. As a result, the trend in packaging design is toward meeting their demands for better designed and environmentally responsible products. Fortunately our creativity, combined with today’s technology, allows us to blend new materials and processes that push the design envelope while influencing consumer behaviour. Question.6. Give the steps in launching a new product. Also give various methods of test marketing a new Product. Answer:Developing a new product shouldn’t feel like you’re fighting in the dark. There’s an easier way. What you need is a structured road-map that gives your business a clear path to follow.
  • 3. Actually developing the tangible product or service is only a small part of the new product development process, which includes the complete journey from generating the initial idea to bringing the product to market. By setting out the steps involved, and sticking to them, your product development will become a more focused and flexible approach that can be Question.7. Explain Product Life Cycle in detail .How do marketing strategies change as product moves. through various stages of Life cycle Answer:A new product progresses through a sequence of stages from introduction to growth, maturity, and decline. This sequence is known as the product life cycle and is associated with changes in the marketing situation, thus impacting the marketing strategy and the marketing mix. The product revenue andprofits canbe plottedasa functionof the life-cycle stages as shown in the graph below: Introduction Stage: In the introduction stage, the firm seeks to build product awareness and develop a market for the product. The impact on the marketing mix is as follows:  Productbrandingand qualitylevel isestablished,andintellectual propertyprotectionsuch as patents and trademarks are obtained.  Pricingmaybe lowpenetrationpricing to build market share rapidly, or high skim pricing to recover development costs.  Distribution is selective until consumers show acceptance of the product.  Promotion is aimed at innovators and early adopters. Marketing communications seeks to build product awareness and to educate potential consumers about the product. Growth Stage: In the growth stage, the firm seeks to build brand preference and increase market share.  Product quality is maintained and additional features and support services may be added.  Pricing is maintained as the firm enjoys increasing demand with little competition.  Distribution channels are added as demand increases and customers accept the product.  Promotion is aimed at a broader audience.
  • 4. Maturity Stage: At maturity, the strong growth in sales diminishes. Competition may appear with similar products. The primary objective at this point is to defend market share while maximizing profit.  Product features may be enhanced to differentiate the product from that of competitors.  Pricing may be lower because of the new competition.  Distributionbecomesmore intensive andincentivesmaybe offeredtoencourage preference over competing products.  Promotion emphasizes product differentiation. Decline Stage: As sales decline, the firm has several options:  Maintainthe product,possiblyrejuvenatingitbyadding new features and finding new uses.  Harvestthe product - reduce costsand continue toofferit,possiblytoaloyal niche segment.  Discontinue the product,liquidating remaining inventory or selling it to another firm that is willing to continue the product. Question.8. How will you alter the marketing mix –intensity &composition ,as a product is entering the maturity stage in the lifecycle? How again the marketing mix will have to be modified ,when the same product ,later on, starts showing sales – decline? Answer:The marketingmix decisionsinthe decline phase will depend on the selected strategy. For example, the product may be changed if it is being rejuvenated, or left unchanged if it is being harvested or liquidated. The price may be maintained if the product is harvested, or reduced drastically if liquidated. A product life cycle is the typical stages a product Dear students get fully solved assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601 (Prefer mailing. Call in emergency )