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Tuesday, May 29, 2012

Direct Marketing:

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Definition:             Direct Marketing is an interactive Marketing system that uses one or more advertising media to affect a mea...
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Differences between Conventional/Traditional marketing and Direct Marketing (DM):

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Conventional Marketing Direct Marketing 1. Conventional marketing is mass marketing DM is de-massifie...

Product Line and Product Mix

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Product Line:                         A product line is a group of products that are closely related because they function in a si...

Product Life Cycle :

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The Product Life Cycle (PLC)   is based upon the biological life cycle. For example, a seed is planted (introduction); it begins to sp...

Seven phases to new product development Process:

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            Only a few ideas are good enough to reach commercialization. Ideas can be generated by chance, or by systematic approach. ...

Marketing Mix

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            Marketing Mix is a combination of marketing tools that a company uses to satisfy their target customers and achieving o...

Cost/Benefit Analysis:

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As plans and objectives are developed, statements should be produced which should say what the marketing strategy is to accomplish. Th...
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