Discussion Post
QUESTION
Ass 8 (300 words)
Apart from new opportunities opened in the digital era, what are the challenges of digital marketing. Please provide an example.
Ass 9 (300 words)
Considering the varying perspectives on marketing, how do you think the evolution of technology will further shape the definition and practices of marketing in the future?
Ass 10
What are some strategies that companies can adopt to ensure that their marketing practices are ethical and beneficial for both the business and its consumers?
Ass 11
How can businesses differentiate their offerings without falling into the trap of misleading marketing?
Journal Entry
Write a short Journal Entry to explain:
The key things you learned during the last two weeks.
How can they relate to the workplace?
How they can aid your personal and professional development?
Remember to be specific and give examples.
Main Topics in Unit 1
In this unit we shall:
Look at and compare different definitions of marketing.
Consider key concepts including ‘value’, ‘satisfaction’, ‘the marketing concept’ and ‘market orientation’.
Introduce the ‘marketing mix’.
Contextualise marketing activities within the wider business environment.
On completion of this unit you will be able to:
Evaluate different perspectives on the meaning of the word ‘marketing’.
Describe different types of business orientation.
Use the terms ‘marketing concept’ and ‘market orientation’ appropriately.
Give a number of ways in which having a ‘market orientation’ will affect what an organisation does.
Give an overview of the key activities that marketers undertake.
- Describe the different ‘environments’ that affect marketing decision-making.
Main Topics in Unit 2
- In this unit we shall:
Consider the STP process as a whole.
- Look at how both business-to-consumer and business-to-business markets can be segmented.
Discuss the factors that influence targeting, and the different possible targeting approaches.
- Consider what positioning is and how it can be undertaken.
Discuss the associated concept of repositioning.
On completion of this unit you will be able to:
Suggest an STP process appropriate to a market of your choice.
Propose appropriate segmentation criteria for a variety of B2B and B2C markets.
Put forward a variety of ways in which a product could be positioned or repositioned.
Create a simple perceptual map.
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