Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601
The document discusses common myths and facts about pharmaceutical sales. It addresses myths such as more advertising being better, experience equating to sales success, and slow gradual change being effective. The facts provided are that accountability is lost with too many representatives, selling ability is more important than experience, training needs coaching to be effective, and radical change has been needed for years. The goal is to help pharmaceutical companies understand myths holding them back and develop new business policies to propel growth.
The document discusses key concepts in marketing including economics, business management, communication skills, professional development, the marketing concept of customer orientation, satisfaction, and needs, as well as company approach, commitment, goals, customer relationship management, loyalty programs, products, and profits. It provides definitions and overviews of these fundamental aspects of operating and managing a business with a focus on customers.
This training provides pharmaceutical salespeople with practical skills for brand management, sales management, and marketing management. Over the course of a full day, participants will learn about the healthcare system in Bangladesh, prescription surveys, territory management, and relationship building. Key sales skills that will be covered through interactive lectures and roleplaying include opening, exploring customer needs, satisfying customers with product benefits, and closing sales. The goal is for participants to understand pharmaceutical sales as a consultative role and to be able to effectively manage customer relationships.
The document discusses the "right stuff" for more productive pharmaceutical sales, including segmenting physicians into actionable groups, determining the right frequency and channels to contact each group, choosing targeted messages, optimizing sales force size and deployment, shifting training to focus on relationships, providing the right tools for sales reps, setting metrics and compensation to motivate the right behaviors, and properly targeting doctors. The presentation was given by Masum Chowdhury, Manager of Strategic Brand Management at Asiatic Laboratories Ltd.
- Sales management involves planning, directing, and controlling personal selling activities like recruiting, selecting, training, assigning, supervising, motivating, and compensating a salesforce.
- Managing a salesforce requires determining the right organization structure, size, and qualifications for the salesforce as well as the right compensation and incentive system.
- Key responsibilities of a sales manager include organizing sales research, motivating the salesforce, setting and controlling targets, advising on promotions, and monitoring sales policies.
The document discusses the importance of sales skills and methodology. It states that developing professional sales skills requires extensive training of 14 weeks plus annual updates. It also outlines the various stages of the client buying process and sales process, and provides guidance on key sales skills like call planning, questioning techniques, handling objections, and closing the sale. The document emphasizes that sales skills are not innate and require time, practice, and training to master.
1) Field managers often visit markets and doctors blindly without clear objectives or plans, making the visits unproductive.
2) To make visits more productive, field managers should do pre-visit research to identify top prescribing doctors, growing doctors, and doctors prescribing competitors' products.
3) Field managers should also check for distribution problems, set clear visit objectives, and analyze how well the objectives were met after the visit.
The document discusses common myths and facts about pharmaceutical sales. It addresses myths such as more advertising being better, experience equating to sales success, and slow gradual change being effective. The facts provided are that accountability is lost with too many representatives, selling ability is more important than experience, training needs coaching to be effective, and radical change has been needed for years. The goal is to help pharmaceutical companies understand myths holding them back and develop new business policies to propel growth.
The document discusses key concepts in marketing including economics, business management, communication skills, professional development, the marketing concept of customer orientation, satisfaction, and needs, as well as company approach, commitment, goals, customer relationship management, loyalty programs, products, and profits. It provides definitions and overviews of these fundamental aspects of operating and managing a business with a focus on customers.
This training provides pharmaceutical salespeople with practical skills for brand management, sales management, and marketing management. Over the course of a full day, participants will learn about the healthcare system in Bangladesh, prescription surveys, territory management, and relationship building. Key sales skills that will be covered through interactive lectures and roleplaying include opening, exploring customer needs, satisfying customers with product benefits, and closing sales. The goal is for participants to understand pharmaceutical sales as a consultative role and to be able to effectively manage customer relationships.
The document discusses the "right stuff" for more productive pharmaceutical sales, including segmenting physicians into actionable groups, determining the right frequency and channels to contact each group, choosing targeted messages, optimizing sales force size and deployment, shifting training to focus on relationships, providing the right tools for sales reps, setting metrics and compensation to motivate the right behaviors, and properly targeting doctors. The presentation was given by Masum Chowdhury, Manager of Strategic Brand Management at Asiatic Laboratories Ltd.
- Sales management involves planning, directing, and controlling personal selling activities like recruiting, selecting, training, assigning, supervising, motivating, and compensating a salesforce.
- Managing a salesforce requires determining the right organization structure, size, and qualifications for the salesforce as well as the right compensation and incentive system.
- Key responsibilities of a sales manager include organizing sales research, motivating the salesforce, setting and controlling targets, advising on promotions, and monitoring sales policies.
The document discusses the importance of sales skills and methodology. It states that developing professional sales skills requires extensive training of 14 weeks plus annual updates. It also outlines the various stages of the client buying process and sales process, and provides guidance on key sales skills like call planning, questioning techniques, handling objections, and closing the sale. The document emphasizes that sales skills are not innate and require time, practice, and training to master.
1) Field managers often visit markets and doctors blindly without clear objectives or plans, making the visits unproductive.
2) To make visits more productive, field managers should do pre-visit research to identify top prescribing doctors, growing doctors, and doctors prescribing competitors' products.
3) Field managers should also check for distribution problems, set clear visit objectives, and analyze how well the objectives were met after the visit.
Sales ppt training and develop in pharma industryshumaila91
The document discusses training methods and processes for salespeople at SJ&G Pharmaceuticals. It states that the most important part of a salesperson's job is listening, not talking. It then outlines SJ&G's hiring process, including job analysis, descriptions, recruiting, screening, interviewing, and making job offers. The document details training methods like in-house, on-the-job, and in-field training, focusing on skills and product training. It notes that SJ&G spends 1-2% of its total sales budget on training and development.
Customer Satisfaction – Definition, Methods of Measuring Customer SatisfactionsSundar B N
This document discusses customer satisfaction and methods for measuring it. It defines customer satisfaction as how a customer feels after comparing a product or service's performance to their expectations. The document then describes six common methods for measuring customer satisfaction: customer feedback surveys, customer satisfaction scores, net promoter scores, customer effort scores, web analytics, and social media metrics. It emphasizes that gathering feedback directly from customers through surveys is an essential method for accurately understanding satisfaction.
The document outlines 10 secrets of a successful medical promotion officer. The secrets include strictly following promotion strategies such as doctor visit schedules, call norms, and sampling campaigns. It also emphasizes growing the prescriber base, booking personal orders daily, reviewing sales metrics, and earning incentive amounts through good performance rather than expense padding. The overall goal is to achieve promotion targets each month through effective implementation of promotion plans.
The document provides an overview of pharmaceutical sales and selling techniques. It discusses how pharmaceutical representatives meet with doctors to promote their company's products through presentations and sample distribution. It also covers key skills and modules for pharmaceutical representatives, including territory planning, effective communication techniques, and utilizing visual aids and documentation to stand out during sales calls.
Sajan Kumar submitted a presentation on marketing research to the CEO of XYZ Company. The presentation covered topics such as the introduction and objectives of marketing research, the marketing research process, functions and importance of marketing research, different types of marketing research methods, features and limitations of marketing research. The objectives of marketing research included identifying customer responses, needs, and problems to help companies introduce new products and improve existing ones.
This document discusses the on-call and off-call processes for pharmaceutical sales representatives. It outlines the key steps in the on-call process including preparation, detailing products to doctors, distributing inputs, and analyzing each call. The off-call process involves ensuring product availability, reporting, sales closing management, and providing feedback. It emphasizes working as a team and notes that while other companies may be larger, the sales representatives can still be regional leaders through professionalism.
Building strong customer relationships requires focusing on post-sale follow up and customer retention, not just attracting new customers with a one-time sale. Businesses should establish long-term relationships by collecting feedback after the sale through calls, emails, and going beyond just fulfilling the initial order. Maintaining contact helps solve customer problems and keeps them satisfied, while retaining existing customers is more profitable than acquiring new ones. The key is treating customers like family.
This document discusses how to build powerful pharmaceutical brands. It outlines five key measures of a brand's power: clarity, distinctiveness, leadership, awareness, and familiarity. A powerful brand forms an emotional bond with doctors by coming to mind as a friend that can be relied on to help patients. While rational attributes like efficacy matter, emotional relationships where the brand is close to doctors' hearts drive prescribing. The document also categorizes different types of pharmaceutical brands and explains why some brands fail to meet their potential, such as by not generating enough awareness or having an inconsistent image.
The document provides tips and techniques for developing excellent selling skills. It discusses focusing on customer needs rather than just products, the 7 steps of a sale including planning, presentation, handling objections, and follow up. It also provides tips for successful prospecting including daily prospecting with focus, being prepared, using scripts, and setting appointments rather than selling over the phone. Objection handling techniques include using feel/felt/found and agreeing/adding/explaining. Tips for successful selling include making a good initial impression, helping customers meet needs, and being enthusiastic about products.
This document provides guidance on professional selling skills, including the meaning of selling, the steps of a sales call, and tips for each step. It outlines that selling involves gaining commitment from customers through persuasion. The key steps of a sales call are prospecting, preparation, approach, presentation, response, closing, and post-call review. Prospecting involves finding and qualifying potential customers. Preparation requires understanding customer needs and motives. The approach captures attention and states the purpose. The presentation matches product benefits to customer needs through questioning. Responses should address customer reactions positively. Closing requires ensuring customer understanding before asking for a commitment. The post-call reviews performance and gathers feedback.
Relationship marketing is a strategy that focuses on establishing and maintaining long-term relationships with customers rather than individual transactions. It involves understanding customer needs through their lifestyles and offering appropriate products and services. Relationship marketing aims to create value for both customers and the company through consistently delivering high quality, good service, and fair prices. Maintaining good relationships with customers leads to increased customer retention, loyalty, and referrals which are beneficial for business.
This document provides an agenda and overview for a pharmaceutical sales training. It covers key selling concepts and steps including defining the customer's needs, presenting product benefits, handling objections, discussing price, and closing the sale. The 7 basic selling steps are outlined as 1) pre-call planning, 2) opening, 3) questioning, 4) presentation, 5) handling objections, 6) closing, and 7) post-call analysis. Key frameworks like DAPA (define, accept, prove, accept) and techniques like the funnel method and sandwich method for discussing price are also summarized. The overall aim is to develop an effective sales approach to create success for pharmaceutical brands.
Consultative selling is a customer-centric sales approach that focuses on understanding customer needs and collaborating to find the best solution, rather than simply trying to make a sale. It involves taking responsibility to ensure the solution works for the customer through implementation support. The consultative selling process involves understanding the customer's business and problems, designing a customized solution, presenting the solution, and building a long-term relationship through ensuring product/service performance and quality after-sales service. Consultative selling requires thorough preparation, strong communication and problem-solving skills from salespeople.
This document outlines a professional selling course that is 45 hours and aims to provide students with a solid understanding of fundamentals of selling and developing skills to become a top salesperson. The course will teach students about the relationship between marketing and sales, traits of professional salespeople, the selling process, understanding customers, and techniques like overcoming objections and closing sales. It will use interactive teaching methods like discussions, case studies, group projects and role-plays. Students will analyze a case study, complete a sales plan project in groups, and take a final written exam. Their grade will be based on attendance, participation, the case study, project, and exam.
The document outlines the steps of a successful sales call:
1. Preparation - The salesperson plans their objectives, evaluates the prospect, and prepares questions and responses.
2. Approach - The salesperson introduces themselves, states the purpose of the call, and asks an opening question to gain attention and interest.
3. Presentation - The salesperson works to uncover the prospect's needs through questions, then matches the product benefits to those needs to find the decisive buying motive.
4. Responses - The salesperson listens to reactions and looks for buying signals from the prospect.
1. The document discusses pharmaceutical selling skills, specifically pre-call planning and the sales call process.
2. It emphasizes the importance of pre-call planning to maximize limited time with customers, add value on every call, and speed up the time to make a sale. Key aspects of pre-call planning include understanding the customer, preparing sales tools and questions, and setting specific and measurable objectives.
3. The sales call section outlines the basic steps of opening the call, presenting product benefits, asking questions, handling objections, and closing. It provides tips for each step, such as mirroring the customer's communication style during the opening.
Several issues have arisen at a salon that need to be addressed:
1) Clients are avoiding one therapist - collect feedback from clients and the therapist to understand the issue before meeting with the therapist.
2) Stock levels of retail items are lower than expected - review stock areas and controls, and check for patterns across practices.
3) A cleansing cream is smelling unpleasant - check sell by dates and storage conditions, and contact the supplier if needed.
4) Client numbers dropped in January-March - hold a team meeting to discuss marketing and promotions, and consider changes to increase new clients.
5) Therapists did not meet productivity targets - review the targets and discuss in
Field visit management provides value from the perspectives of the district manager, company, and sales representative. For the district manager, field visits allow them to diagnose development needs, observe performance, and provide coaching support. For the company, field visits provide feedback on resource allocation and market dynamics. For the representative, field visits offer support, assistance with doctors, and an opportunity to share ideas. Effective field visit management involves preparation such as determining objectives, managing visit distribution, and preparing representatives. Carrying out visits includes reviewing plans, observing behavior, providing feedback, coaching, and summarizing the day.
Social marketing (the marketing of social change) has four decades of experience in bringing about systematic and systemic change in the broader society. Marketing’s role as a means for understanding the individual, their needs, world views and barriers to change can be used equally effectively within the organisation (as well as without an organisation). This paper overviews a set of the key models for managing the social change process from the macro-level through to understanding and addressing the individual’s needs for during periods of change.
This document introduces training modules for the sales and marketing team of a pharmaceutical company. It aims to address common behavioral, technical, and clinical problems faced by first line field forces and managers. The training will consist of 5 modules to help overcome these issues. Module 1 focuses on team management and motivation. Module 2 addresses inhibitions. Module 3 develops a positive attitude and self-esteem. Module 4 enhances technical selling skills. Module 5 improves communication skills for interactions inside clinics. The overall training philosophy is to enhance proficiency, communication, leadership, and teamwork among the field force. Details are provided on the trainer and his background in pharmaceutical sales, marketing, training and publishing articles on related topics.
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 )
First of all, we welcome you to this course. Different people with different objectives
would opt to learn marketing. However, marketing, as you will soon see, is important
whether you are in the marketing function or any other function of a business.Besides, marketing is a very exciting field. It requires creativity for success. Thus,you have embarked on the study of an exciting subject, which can also increase your
creativity.
This course has been designed primarily to develop your awareness of the marketingorientation.
It
is assumed
that such knowledge
about marketing
decisions
and
processes
will
not only
improve
your
personal
competence
but
will also help in
attaining
your
organisations'
objectives.
Sales ppt training and develop in pharma industryshumaila91
The document discusses training methods and processes for salespeople at SJ&G Pharmaceuticals. It states that the most important part of a salesperson's job is listening, not talking. It then outlines SJ&G's hiring process, including job analysis, descriptions, recruiting, screening, interviewing, and making job offers. The document details training methods like in-house, on-the-job, and in-field training, focusing on skills and product training. It notes that SJ&G spends 1-2% of its total sales budget on training and development.
Customer Satisfaction – Definition, Methods of Measuring Customer SatisfactionsSundar B N
This document discusses customer satisfaction and methods for measuring it. It defines customer satisfaction as how a customer feels after comparing a product or service's performance to their expectations. The document then describes six common methods for measuring customer satisfaction: customer feedback surveys, customer satisfaction scores, net promoter scores, customer effort scores, web analytics, and social media metrics. It emphasizes that gathering feedback directly from customers through surveys is an essential method for accurately understanding satisfaction.
The document outlines 10 secrets of a successful medical promotion officer. The secrets include strictly following promotion strategies such as doctor visit schedules, call norms, and sampling campaigns. It also emphasizes growing the prescriber base, booking personal orders daily, reviewing sales metrics, and earning incentive amounts through good performance rather than expense padding. The overall goal is to achieve promotion targets each month through effective implementation of promotion plans.
The document provides an overview of pharmaceutical sales and selling techniques. It discusses how pharmaceutical representatives meet with doctors to promote their company's products through presentations and sample distribution. It also covers key skills and modules for pharmaceutical representatives, including territory planning, effective communication techniques, and utilizing visual aids and documentation to stand out during sales calls.
Sajan Kumar submitted a presentation on marketing research to the CEO of XYZ Company. The presentation covered topics such as the introduction and objectives of marketing research, the marketing research process, functions and importance of marketing research, different types of marketing research methods, features and limitations of marketing research. The objectives of marketing research included identifying customer responses, needs, and problems to help companies introduce new products and improve existing ones.
This document discusses the on-call and off-call processes for pharmaceutical sales representatives. It outlines the key steps in the on-call process including preparation, detailing products to doctors, distributing inputs, and analyzing each call. The off-call process involves ensuring product availability, reporting, sales closing management, and providing feedback. It emphasizes working as a team and notes that while other companies may be larger, the sales representatives can still be regional leaders through professionalism.
Building strong customer relationships requires focusing on post-sale follow up and customer retention, not just attracting new customers with a one-time sale. Businesses should establish long-term relationships by collecting feedback after the sale through calls, emails, and going beyond just fulfilling the initial order. Maintaining contact helps solve customer problems and keeps them satisfied, while retaining existing customers is more profitable than acquiring new ones. The key is treating customers like family.
This document discusses how to build powerful pharmaceutical brands. It outlines five key measures of a brand's power: clarity, distinctiveness, leadership, awareness, and familiarity. A powerful brand forms an emotional bond with doctors by coming to mind as a friend that can be relied on to help patients. While rational attributes like efficacy matter, emotional relationships where the brand is close to doctors' hearts drive prescribing. The document also categorizes different types of pharmaceutical brands and explains why some brands fail to meet their potential, such as by not generating enough awareness or having an inconsistent image.
The document provides tips and techniques for developing excellent selling skills. It discusses focusing on customer needs rather than just products, the 7 steps of a sale including planning, presentation, handling objections, and follow up. It also provides tips for successful prospecting including daily prospecting with focus, being prepared, using scripts, and setting appointments rather than selling over the phone. Objection handling techniques include using feel/felt/found and agreeing/adding/explaining. Tips for successful selling include making a good initial impression, helping customers meet needs, and being enthusiastic about products.
This document provides guidance on professional selling skills, including the meaning of selling, the steps of a sales call, and tips for each step. It outlines that selling involves gaining commitment from customers through persuasion. The key steps of a sales call are prospecting, preparation, approach, presentation, response, closing, and post-call review. Prospecting involves finding and qualifying potential customers. Preparation requires understanding customer needs and motives. The approach captures attention and states the purpose. The presentation matches product benefits to customer needs through questioning. Responses should address customer reactions positively. Closing requires ensuring customer understanding before asking for a commitment. The post-call reviews performance and gathers feedback.
Relationship marketing is a strategy that focuses on establishing and maintaining long-term relationships with customers rather than individual transactions. It involves understanding customer needs through their lifestyles and offering appropriate products and services. Relationship marketing aims to create value for both customers and the company through consistently delivering high quality, good service, and fair prices. Maintaining good relationships with customers leads to increased customer retention, loyalty, and referrals which are beneficial for business.
This document provides an agenda and overview for a pharmaceutical sales training. It covers key selling concepts and steps including defining the customer's needs, presenting product benefits, handling objections, discussing price, and closing the sale. The 7 basic selling steps are outlined as 1) pre-call planning, 2) opening, 3) questioning, 4) presentation, 5) handling objections, 6) closing, and 7) post-call analysis. Key frameworks like DAPA (define, accept, prove, accept) and techniques like the funnel method and sandwich method for discussing price are also summarized. The overall aim is to develop an effective sales approach to create success for pharmaceutical brands.
Consultative selling is a customer-centric sales approach that focuses on understanding customer needs and collaborating to find the best solution, rather than simply trying to make a sale. It involves taking responsibility to ensure the solution works for the customer through implementation support. The consultative selling process involves understanding the customer's business and problems, designing a customized solution, presenting the solution, and building a long-term relationship through ensuring product/service performance and quality after-sales service. Consultative selling requires thorough preparation, strong communication and problem-solving skills from salespeople.
This document outlines a professional selling course that is 45 hours and aims to provide students with a solid understanding of fundamentals of selling and developing skills to become a top salesperson. The course will teach students about the relationship between marketing and sales, traits of professional salespeople, the selling process, understanding customers, and techniques like overcoming objections and closing sales. It will use interactive teaching methods like discussions, case studies, group projects and role-plays. Students will analyze a case study, complete a sales plan project in groups, and take a final written exam. Their grade will be based on attendance, participation, the case study, project, and exam.
The document outlines the steps of a successful sales call:
1. Preparation - The salesperson plans their objectives, evaluates the prospect, and prepares questions and responses.
2. Approach - The salesperson introduces themselves, states the purpose of the call, and asks an opening question to gain attention and interest.
3. Presentation - The salesperson works to uncover the prospect's needs through questions, then matches the product benefits to those needs to find the decisive buying motive.
4. Responses - The salesperson listens to reactions and looks for buying signals from the prospect.
1. The document discusses pharmaceutical selling skills, specifically pre-call planning and the sales call process.
2. It emphasizes the importance of pre-call planning to maximize limited time with customers, add value on every call, and speed up the time to make a sale. Key aspects of pre-call planning include understanding the customer, preparing sales tools and questions, and setting specific and measurable objectives.
3. The sales call section outlines the basic steps of opening the call, presenting product benefits, asking questions, handling objections, and closing. It provides tips for each step, such as mirroring the customer's communication style during the opening.
Several issues have arisen at a salon that need to be addressed:
1) Clients are avoiding one therapist - collect feedback from clients and the therapist to understand the issue before meeting with the therapist.
2) Stock levels of retail items are lower than expected - review stock areas and controls, and check for patterns across practices.
3) A cleansing cream is smelling unpleasant - check sell by dates and storage conditions, and contact the supplier if needed.
4) Client numbers dropped in January-March - hold a team meeting to discuss marketing and promotions, and consider changes to increase new clients.
5) Therapists did not meet productivity targets - review the targets and discuss in
Field visit management provides value from the perspectives of the district manager, company, and sales representative. For the district manager, field visits allow them to diagnose development needs, observe performance, and provide coaching support. For the company, field visits provide feedback on resource allocation and market dynamics. For the representative, field visits offer support, assistance with doctors, and an opportunity to share ideas. Effective field visit management involves preparation such as determining objectives, managing visit distribution, and preparing representatives. Carrying out visits includes reviewing plans, observing behavior, providing feedback, coaching, and summarizing the day.
Social marketing (the marketing of social change) has four decades of experience in bringing about systematic and systemic change in the broader society. Marketing’s role as a means for understanding the individual, their needs, world views and barriers to change can be used equally effectively within the organisation (as well as without an organisation). This paper overviews a set of the key models for managing the social change process from the macro-level through to understanding and addressing the individual’s needs for during periods of change.
This document introduces training modules for the sales and marketing team of a pharmaceutical company. It aims to address common behavioral, technical, and clinical problems faced by first line field forces and managers. The training will consist of 5 modules to help overcome these issues. Module 1 focuses on team management and motivation. Module 2 addresses inhibitions. Module 3 develops a positive attitude and self-esteem. Module 4 enhances technical selling skills. Module 5 improves communication skills for interactions inside clinics. The overall training philosophy is to enhance proficiency, communication, leadership, and teamwork among the field force. Details are provided on the trainer and his background in pharmaceutical sales, marketing, training and publishing articles on related topics.
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 )
First of all, we welcome you to this course. Different people with different objectives
would opt to learn marketing. However, marketing, as you will soon see, is important
whether you are in the marketing function or any other function of a business.Besides, marketing is a very exciting field. It requires creativity for success. Thus,you have embarked on the study of an exciting subject, which can also increase your
creativity.
This course has been designed primarily to develop your awareness of the marketingorientation.
It
is assumed
that such knowledge
about marketing
decisions
and
processes
will
not only
improve
your
personal
competence
but
will also help in
attaining
your
organisations'
objectives.
This document provides an introduction to selling complex solutions by addressing common sales challenges. It discusses five fundamentals of selling complex solutions: pain, power, vision, value, and control. Pain refers to the problems and motivations that drive customers to make changes. Power identifies who has the authority to make purchasing decisions. Vision is developing the customer's vision of how their needs can be addressed. Value demonstrates how the investment will be profitable. Control ensures the solution can be successfully implemented. The document then examines specific sales challenges and how to overcome them using the five fundamentals.
REFLECTION ON CONSUMER BEHAVIOR, METHODS OF RESEARCH AND PRODUCT MANAGEMENTLena Argosino
REFLECTION ON CONSUMER BEHAVIOR, METHODS OF RESEARCH AND PRODUCT MANAGEMENT
1. What did you learned on the subject?
2. How did it change your life?
3. How would you apply it in your daily life?
The document provides a syllabus for a Principles of Marketing course that is divided into 3 modules over 12 hours each. Module 1 covers introduction to marketing concepts, the marketing environment, and the marketing mix. Module 2 focuses on consumer behavior and market segmentation. Module 3 discusses product and pricing strategies.
The document discusses key factors that influence consumer behavior from a psychological perspective:
1. Motivation and needs drive consumer purchasing behavior as people seek to fulfill basic needs and wants. Marketers can position products as meeting these underlying needs.
2. Perception, attention, memory, and beliefs shape how consumers view products and brands. Marketers employ tactics like humor and repetition to gain attention and influence perceptions.
3. Learning and conditioning affect preferences as consumers learn about product experiences over time which can change their beliefs. Marketers provide information to change prior perceptions.
4. Attitudes and beliefs also guide choices as consumers are drawn to brands that align with their values. Marketers position products to associate with positive traits.
The document discusses key factors that influence consumer behavior from a psychological perspective:
1. Motivation and needs drive consumer purchasing behavior as people seek to fulfill basic needs and wants. Marketers can position products as meeting these underlying needs.
2. Perception, attention, memory, and beliefs shape how consumers view products and brands. Marketers employ tactics like humor and repetition to gain attention and influence perceptions.
3. Learning and conditioning affect preferences as consumers learn about product experiences over time which can change their beliefs. Marketers provide information to change prior perceptions.
4. Attitudes and beliefs also guide choices as consumers are drawn to brands that align with their values. Marketers position products to associate with positive traits.
This document discusses the principles of marketing. It defines marketing as a process of communication to create value through exchange. Marketing involves more than just advertising and selling - it is how businesses communicate with customers to change their behavior and meet business objectives. The key aspects of marketing include strategic planning like customer segmentation, and tactical components like product development, pricing, distribution, advertising, and sales. Effective marketing requires coordination across all business functions and communication is at the core of marketing.
This document provides advice on how to reorganize marketing to grow a business. It recommends understanding the role of marketing, creating an efficient structure and creative team, performing a marketing audit, eliminating unnecessary resources, creating an advisory board, studying technology developments, improving internal communication, comparing past and present strategies, utilizing social media effectively, creating inbound and outbound marketing plans, implementing a marketing performance system, hiring professionals or outsourcing marketing activities, following up with customers, gathering employee feedback, managing customer databases, innovating, using Google Analytics, integrating marketing, sales and customer departments, implementing customer relationship management, developing a digital business strategy, and having an active market information system.
This document provides tips and strategies for effectively delivering presentations. It discusses that presentation skills are important for the real world and can provide an unfair advantage. It recommends not reading slides verbatim but instead using them as a guide. The presentation should focus on logic but also engage the audience in an interactive way. The presenter is the most important part of the presentation, not the PowerPoint slides themselves. The document then covers several marketing topics like setting product strategies, designing and managing services, and case studies on branding yoga and capitalizing on polarization for certain brands.
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601
This document provides information about an MBA marketing management assignment that can be purchased for Rs. 125. It includes 6 questions related to key marketing concepts like the business buying process, branding strategies, market classification, the personal selling process, consumer decision making process, and the traditional and extended marketing mix for services. Students can mail the email address or phone number provided to purchase solved answers for the assignment within 400 words per question.
This document provides information about getting fully solved assignments for the Marketing for Managers course. Students should send their semester and specialization name to the provided email address or call the given phone number to receive solved assignments. The assignment covers all blocks and topics discussed in the course. It must be submitted before April 30th, 2014 to the study center coordinator. The assignment contains questions about key marketing concepts like the differences between marketing and selling, importance of consumer behavior knowledge, elements of the marketing mix for services, role of marketing research and organization in achieving objectives, stages of buyer decision process, reasons for new product development, and benefits and limitations of segmentation, targeting, and positioning strategies.
The document discusses the six marketing functions that businesses use to successfully market and sell products. It explains that the six functions - product/service management, marketing-information management, pricing, distribution, promotion, and selling - must all work together effectively. It provides details on the purpose and importance of each marketing function and how they are interrelated.
ISMM Winning Edge - Why not experiementMark McCarthy
Competitive advantage comes from doing things differently and better than competitors through increased market share and growth. Sustainable competitive advantage relies on attributes that are difficult to copy, such as creativity and innovation from employees. Recently, applied behavioral economics has gained attention from businesses as a way to achieve predictable revenue growth by understanding human behavior in buying and selling. Experimentation within sales organizations can provide sustainable competitive advantage but is underutilized due to rigid thinking and short-term goals; conducting controlled experiments with clear objectives can help sales organizations improve performance.
Marketing involves identifying and satisfying customer needs profitably. It encompasses the 7Ps - product, price, place, promotion, people, process, and physical evidence. Developing an effective marketing strategy requires understanding customers and coordinating the 7Ps through a planning process. The strategy is then implemented through a specific action plan that is constantly revised based on ongoing research and progress.
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 )
How to make effective sales incentive programs?Nino Mayvi Dian
The document provides guidance on creating effective sales incentive programs. It outlines three key principles: 1) incentive programs should create a perception of unlimited income potential and be easy for salespeople to earn, 2) programs should not negatively impact company profits, and 3) programs need to be clearly understood and motivating for salespeople. The document advises conducting research with salespeople to understand their views of "unlimited" income and ease of earning incentives. It also recommends linking incentives to account receivables and payments to ensure profits are not harmed. Regular communication is important to ensure salespeople understand and are motivated by the programs.
This document provides an overview of key marketing concepts. It defines marketing as a social process involving the exchange of goods and services to satisfy needs and wants. The core concepts discussed include needs, wants and demand, products and services, customer value, exchange and relationships. It also distinguishes between selling and marketing, and describes the marketing concept orientation which focuses on customer needs rather than production. Key elements of the marketing environment, including internal factors like staff and resources, and micro factors like customers and suppliers, are also summarized.
Walmart Business+ and Spark Good for Nonprofits.pdfTechSoup
"Learn about all the ways Walmart supports nonprofit organizations.
You will hear from Liz Willett, the Head of Nonprofits, and hear about what Walmart is doing to help nonprofits, including Walmart Business and Spark Good. Walmart Business+ is a new offer for nonprofits that offers discounts and also streamlines nonprofits order and expense tracking, saving time and money.
The webinar may also give some examples on how nonprofits can best leverage Walmart Business+.
The event will cover the following::
Walmart Business + (https://business.walmart.com/plus) is a new shopping experience for nonprofits, schools, and local business customers that connects an exclusive online shopping experience to stores. Benefits include free delivery and shipping, a 'Spend Analytics” feature, special discounts, deals and tax-exempt shopping.
Special TechSoup offer for a free 180 days membership, and up to $150 in discounts on eligible orders.
Spark Good (walmart.com/sparkgood) is a charitable platform that enables nonprofits to receive donations directly from customers and associates.
Answers about how you can do more with Walmart!"
How to Make a Field Mandatory in Odoo 17Celine George
In Odoo, making a field required can be done through both Python code and XML views. When you set the required attribute to True in Python code, it makes the field required across all views where it's used. Conversely, when you set the required attribute in XML views, it makes the field required only in the context of that particular view.
A review of the growth of the Israel Genealogy Research Association Database Collection for the last 12 months. Our collection is now passed the 3 million mark and still growing. See which archives have contributed the most. See the different types of records we have, and which years have had records added. You can also see what we have for the future.
How to Add Chatter in the odoo 17 ERP ModuleCeline George
In Odoo, the chatter is like a chat tool that helps you work together on records. You can leave notes and track things, making it easier to talk with your team and partners. Inside chatter, all communication history, activity, and changes will be displayed.
বাংলাদেশের অর্থনৈতিক সমীক্ষা ২০২৪ [Bangladesh Economic Review 2024 Bangla.pdf] কম্পিউটার , ট্যাব ও স্মার্ট ফোন ভার্সন সহ সম্পূর্ণ বাংলা ই-বুক বা pdf বই " সুচিপত্র ...বুকমার্ক মেনু 🔖 ও হাইপার লিংক মেনু 📝👆 যুক্ত ..
আমাদের সবার জন্য খুব খুব গুরুত্বপূর্ণ একটি বই ..বিসিএস, ব্যাংক, ইউনিভার্সিটি ভর্তি ও যে কোন প্রতিযোগিতা মূলক পরীক্ষার জন্য এর খুব ইম্পরট্যান্ট একটি বিষয় ...তাছাড়া বাংলাদেশের সাম্প্রতিক যে কোন ডাটা বা তথ্য এই বইতে পাবেন ...
তাই একজন নাগরিক হিসাবে এই তথ্য গুলো আপনার জানা প্রয়োজন ...।
বিসিএস ও ব্যাংক এর লিখিত পরীক্ষা ...+এছাড়া মাধ্যমিক ও উচ্চমাধ্যমিকের স্টুডেন্টদের জন্য অনেক কাজে আসবে ...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...RitikBhardwaj56
Discover the Simplified Electron and Muon Model: A New Wave-Based Approach to Understanding Particles delves into a groundbreaking theory that presents electrons and muons as rotating soliton waves within oscillating spacetime. Geared towards students, researchers, and science buffs, this book breaks down complex ideas into simple explanations. It covers topics such as electron waves, temporal dynamics, and the implications of this model on particle physics. With clear illustrations and easy-to-follow explanations, readers will gain a new outlook on the universe's fundamental nature.
Main Java[All of the Base Concepts}.docxadhitya5119
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
Executive Directors Chat Leveraging AI for Diversity, Equity, and InclusionTechSoup
Let’s explore the intersection of technology and equity in the final session of our DEI series. Discover how AI tools, like ChatGPT, can be used to support and enhance your nonprofit's DEI initiatives. Participants will gain insights into practical AI applications and get tips for leveraging technology to advance their DEI goals.
How to Build a Module in Odoo 17 Using the Scaffold MethodCeline George
Odoo provides an option for creating a module by using a single line command. By using this command the user can make a whole structure of a module. It is very easy for a beginner to make a module. There is no need to make each file manually. This slide will show how to create a module using the scaffold method.
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
Case Study Project
Total Marks: 50
Elective – Risk Management
Question. 1.“Assessing buying behaviour is never simple, yet
understanding it is the essential task of marketing management.”
Why assessing buyer behaviour is not simple ? As a marketer,
what would you do to assess the buyer behaviour?(take any eg.for
your case study like BIG BAZAR or MORE)
Answer:Buyer behaviour may be defined as the activities and decision processes involved in
choosingbetweenalternatives,procuringandusingproductsor services. It is sometimes suggested
that buyerbehaviourisonlyof interest to marketers because they wish to influence and change it.
Such a statement invariably raises the question as to whether marketing is an ethical profession.
Intuitively,itseemswrongthatanyorganisationshouldseektomanipulate people's behaviour. The
truth is that marketing may promote a given product, service or practice but unless the target
audience perceives that product, service or practice to be relevant to their needs then they will
nevertryit. Moreover,unlesstheirfirsttime trial of the product,service or practice is positive, they
will nottry ita secondtime.The purpose of studyingbuyerbehaviouristobettermeet the needs of
customers.Onlybydoingsowill the marketingenterprisecontinuallyandconsistently meet its own
needs.
The consumer behaviour or buyer behaviour is influenced by several factors or forces. They are: 1.
Internal or Psychological factors 2. Social factors 3. Cultural factors 4. Economic factors 5. Personal
factors!
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601