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Markiting for smse marketing research and competative advantages 2
1. MEHAK IQBAL
Presentation topic for
Marketing for SMES Marketing Researchand Competitive advantages
Given by Pro Muhammad Iqbal
2. MARKITING FOR SMSE MARKETING RESEARCH AND
COMPETATIVE ADVANTAGES.
Marketing:
The action or business of promoting and selling product or services,
including market research and advertising.
(SME also stand for the society Manufacturing Engineers.)
SME(small medium enterprise)is a convenient term for segmenting
businesses and other organization that are somewhere between the
“small office, home office”Smes as a legally independent company
with no more than 200 /500 employee.
Where does Small business start?
SMES business startwith
3. 1. BREAND= FAITH
a. Youthful.
B.Business like profession.
c.Best friend.
d.Favoriteaunt.
e.Funny.
f.Creative.
Believing in something you cannot see.
2. TARGET=CHOICE
a. Who your different types of customer.
B.link to your financial goals.
C.level of investment.
d.barries to purchase.
e.purchaseand or influencers.
6. MARKETINGMESSAGE:
Embodies key benefits that engage customer.
a. Benefit v features.
b.Perception vs. reality.
c.Tap into customer need and wands.
d.Tailor to target groups.
e.Media awerence
.
GOLDEN RULE OF MARKETING:
If you don’t known or cannot figure out the objective and strategy save your
money.
7. Definition of Marketing Research:
Marketing Research is the systematic and objective.
Identification.
Collection.
Analysis
Dissemination and useof information.
For the purposeof improving decision making related to the Identification,
solution of problem, and Opportunities in marketing.
ClassificationOfMarketing Research:
Problem identificationresearch:
Research undertaken to help identify problemwhich are not necessarily apparent
on the surfaceand yet exist or are likely to arisein the future
E.G:
8. Market potential, Market share, Imageof market, sale analysis e.g.
Problem Solving Research:
Research undertaken to help solve specific marketing problem.
E.G:
Pricing, promotion, segmentation, product and distribution research.
Competitive Advantages:
The set of unique features of a company and its product that are perceived by the
target market as significant and superior to the competition.
9. (Oneproduct selling different companies)
Types ofcompetitive advantages:
There are 2 basic types of Competitive advantages.
Cost advantages
Differentiation advantages
Cost Advantages:
The cost advantageis that the firm competitions the other firms in the industry by
lowering the price of the product.
E.G: Discount.
DifferentiationAdvantages:
In this the company concentrates on creating a highly differentiated productline
and marketing programso that it comes across as the class leader in the industry.
E.G: Mercedes Ben
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