SlideShare a Scribd company logo
1 of 3
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601
ASSIGNMENT
DRIVE SPRING 2016
PROGRAM Master of Business Administration- MBA
SEMESTER 3
SUBJECT CODE & NAME MK0012 –Retail Marketing
BK ID B1723
CREDITS &MARKS 4 Credits, 60 marks
Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Question.1. Explain the classifications of retail formats in detail
with Indian examples.
Answer:Retailingis the set of activities related to the sale of products and services to the ultimate
customer.Companiescarry out market research to know customer attitude towards their products
but the customers’ real intents are displayed only during the process of buying in retail stores. A
company can develop insights into the behaviour of its customers as they shop in the retail store.
Question.2. What is target marketing & what can be different types
of target markets for retailers?
Answer:Retailing is a distribution channel function, where one organisation buys products from
supplying firms or manufactures products themselves, and then sells these directly to consumers.
In majority of retail situations, the organisation, from whom a consumer buys, is a reseller of
products obtained from others, and not the product manufacturer. However, some manufacturers
do operate their own retail outlets in a corporate channel arrangement.
Retailers offer many benefits to
Question.3. What are the different types of retail store locations?
What are their advantages &disadvantages?
Answer:Commercial retaillocationsare availableinmany different forms. Stop and think about the
businesses in your town. Like most communities, there are probably older shopping areas, new
bustling retail locations and some tucked away shops.
Retailershave manystore locationfactorstoconsiderwhenchoosingaplace fortheirbusiness.Here
are a few of the more common types of retail locations.
Question.4. What do you understand by merchandise
management?
Answer:Retail merchandise management is a dynamic business arena that requires an in-depth
understanding of direct sales operations, buying strategies, merchandise procurement, and sales
supply chains. In order to be successful in the field, you need to develop strong management and
communication skills as well as leadership capabilities.
Question.5. Describe Integrated Marketing Communication
(IMC).Discuss the reasons forimplementing IMC.
Answer:Itis essentialfororganizationsto promote their brands well among the end-users not only
to outshine competitors but also survive in the long run. Brand promotion increases awareness of
productsand servicesandeventuallyincreasestheirsales,yielding high profits and revenue for the
organization.
To understand integrated marketing
Question.6. Write short notes on:
a) Market entry method
Answer:A market entry strategy is the planned method of delivering goods or services to a new
target market and distributing them there. When importing or exporting services, it refers to
establishing and managing contracts in a foreign country.
Factors: Many companiessuccessfully operate in a niche market without ever expanding into new
markets. Some businesses achieve increased sales, brand awareness and business stability by
enteringanewmarket.Developingamarket-entrystrategyinvolvesathoroughanalysisof potential
competitors and possible customers. Some of
b) E-tailing
Answer:Electronicretailing(e-tailing) isabuzzwordforanybusiness-to-consumer(B2C) transactions
that take place over the Internet. Simply put, e-tailing is the sale of goods online. Companies like
Amazonand Dell createdthe online retail industrybyputtingthe entire customerexperience - from
browsingproductsto placing orders to paying for purchases - on the Internet. The success of these
and othercompaniesencouragedmore traditional retailerstocreate anonline presence toaugment
their brick-and-mortar outlets.
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601

More Related Content

What's hot

Bba204 marketing management
Bba204  marketing managementBba204  marketing management
Bba204 marketing managementsmumbahelp
 
Mb0046 marketing management
Mb0046   marketing managementMb0046   marketing management
Mb0046 marketing managementsmumbahelp
 
Bba405 retail management - copy
Bba405   retail management - copyBba405   retail management - copy
Bba405 retail management - copysmumbahelp
 
Internal marketing in 2015 – bridging the communication gap!
Internal marketing  in 2015 – bridging  the communication gap!Internal marketing  in 2015 – bridging  the communication gap!
Internal marketing in 2015 – bridging the communication gap!Subhakar Rao Surapaneni
 
Unit 3-careers-in-retailing
Unit 3-careers-in-retailingUnit 3-careers-in-retailing
Unit 3-careers-in-retailingallianceduvsd
 
Advertising and Personal Selling
Advertising and Personal SellingAdvertising and Personal Selling
Advertising and Personal SellingSaloni Agarwal
 
Bba204 – marketing management
Bba204 – marketing managementBba204 – marketing management
Bba204 – marketing managementsmumbahelp
 
CV - Deepak Singh - Ver.01
CV - Deepak Singh - Ver.01CV - Deepak Singh - Ver.01
CV - Deepak Singh - Ver.01Deepak Singh
 
Retail as a career from SAISHA INSTITUTE OF MANAGEMENT STUDIES
Retail as a career from SAISHA INSTITUTE OF MANAGEMENT STUDIESRetail as a career from SAISHA INSTITUTE OF MANAGEMENT STUDIES
Retail as a career from SAISHA INSTITUTE OF MANAGEMENT STUDIESARUN KUMAR S
 
Mb0046 marketing management..
Mb0046  marketing management..Mb0046  marketing management..
Mb0046 marketing management..Study Stuff
 
Careers in retailing
Careers in retailingCareers in retailing
Careers in retailingrohitgahlot
 
Ml0015 summer-2016
Ml0015 summer-2016Ml0015 summer-2016
Ml0015 summer-2016smumbahelp
 
Understanding marketing objectives
Understanding marketing objectivesUnderstanding marketing objectives
Understanding marketing objectivesOliver Pratten
 

What's hot (20)

Career in retail
Career in retailCareer in retail
Career in retail
 
Bba204 marketing management
Bba204  marketing managementBba204  marketing management
Bba204 marketing management
 
Internal Marketing
Internal MarketingInternal Marketing
Internal Marketing
 
Mb0046 marketing management
Mb0046   marketing managementMb0046   marketing management
Mb0046 marketing management
 
Bba405 retail management - copy
Bba405   retail management - copyBba405   retail management - copy
Bba405 retail management - copy
 
Internal marketing in 2015 – bridging the communication gap!
Internal marketing  in 2015 – bridging  the communication gap!Internal marketing  in 2015 – bridging  the communication gap!
Internal marketing in 2015 – bridging the communication gap!
 
Unit 3-careers-in-retailing
Unit 3-careers-in-retailingUnit 3-careers-in-retailing
Unit 3-careers-in-retailing
 
Business marketing
Business marketingBusiness marketing
Business marketing
 
Advertising and Personal Selling
Advertising and Personal SellingAdvertising and Personal Selling
Advertising and Personal Selling
 
Bba204 – marketing management
Bba204 – marketing managementBba204 – marketing management
Bba204 – marketing management
 
CV - Deepak Singh - Ver.01
CV - Deepak Singh - Ver.01CV - Deepak Singh - Ver.01
CV - Deepak Singh - Ver.01
 
Personal selling
Personal sellingPersonal selling
Personal selling
 
Retail as a career from SAISHA INSTITUTE OF MANAGEMENT STUDIES
Retail as a career from SAISHA INSTITUTE OF MANAGEMENT STUDIESRetail as a career from SAISHA INSTITUTE OF MANAGEMENT STUDIES
Retail as a career from SAISHA INSTITUTE OF MANAGEMENT STUDIES
 
Retail career
Retail careerRetail career
Retail career
 
Mb0046 marketing management..
Mb0046  marketing management..Mb0046  marketing management..
Mb0046 marketing management..
 
Careers in retailing
Careers in retailingCareers in retailing
Careers in retailing
 
Sm 6
Sm 6Sm 6
Sm 6
 
Ml0015 summer-2016
Ml0015 summer-2016Ml0015 summer-2016
Ml0015 summer-2016
 
Understanding marketing objectives
Understanding marketing objectivesUnderstanding marketing objectives
Understanding marketing objectives
 
Slide_R_A_A2 slide #4
Slide_R_A_A2 slide #4Slide_R_A_A2 slide #4
Slide_R_A_A2 slide #4
 

Similar to Mk0012 retail marketing

Ml0011 buying and merchandising
Ml0011 buying and merchandisingMl0011 buying and merchandising
Ml0011 buying and merchandisingsmumbahelp
 
Mk0012 retail marketing
Mk0012  retail marketingMk0012  retail marketing
Mk0012 retail marketingsmumbahelp
 
Ms 612 retail management
Ms 612 retail managementMs 612 retail management
Ms 612 retail managementsmumbahelp
 
Bba 405 retail management
Bba 405  retail managementBba 405  retail management
Bba 405 retail managementsmumbahelp
 
Marketing management
Marketing managementMarketing management
Marketing managementsmumbahelp
 
Mk0012 retail marketing
Mk0012  retail marketingMk0012  retail marketing
Mk0012 retail marketingsmumbahelp
 
Mk0012 retail marketing
Mk0012  retail marketingMk0012  retail marketing
Mk0012 retail marketingsmumbahelp
 
Mk0012 retail marketing
Mk0012  retail marketingMk0012  retail marketing
Mk0012 retail marketingsmumbahelp
 
Ml0011 buying and merchandising
Ml0011 buying and merchandisingMl0011 buying and merchandising
Ml0011 buying and merchandisingsmumbahelp
 
Bbr603 merchandising and supply chain management
Bbr603 merchandising and supply chain managementBbr603 merchandising and supply chain management
Bbr603 merchandising and supply chain managementsmumbahelp
 
Ms 06 marketing for managers
Ms   06 marketing for managersMs   06 marketing for managers
Ms 06 marketing for managerssmumbahelp
 
Bba 204 marketing management
Bba 204 marketing managementBba 204 marketing management
Bba 204 marketing managementsmumbahelp
 
Mb0046 marketing management
Mb0046  marketing managementMb0046  marketing management
Mb0046 marketing managementsmumbahelp
 
Mb0046 marketing management
Mb0046  marketing managementMb0046  marketing management
Mb0046 marketing managementsmumbahelp
 
Retail Marketing Strategy retail rajnish kumar itc
Retail Marketing Strategy retail  rajnish kumar itcRetail Marketing Strategy retail  rajnish kumar itc
Retail Marketing Strategy retail rajnish kumar itcrajnish kumar
 
Ms 6 marketing for managers
Ms 6 marketing for managersMs 6 marketing for managers
Ms 6 marketing for managerssmumbahelp
 
Ml0016 advertising management & sales
Ml0016   advertising management & salesMl0016   advertising management & sales
Ml0016 advertising management & salessmumbahelp
 
Ml0016 advertising management and sales promotion
Ml0016 advertising management and sales promotionMl0016 advertising management and sales promotion
Ml0016 advertising management and sales promotionsmumbahelp
 
Ml0011 buying and merchandising
Ml0011 buying and merchandisingMl0011 buying and merchandising
Ml0011 buying and merchandisingsmumbahelp
 
Bbr504 visual merchandise
Bbr504 visual merchandiseBbr504 visual merchandise
Bbr504 visual merchandisesmumbahelp
 

Similar to Mk0012 retail marketing (20)

Ml0011 buying and merchandising
Ml0011 buying and merchandisingMl0011 buying and merchandising
Ml0011 buying and merchandising
 
Mk0012 retail marketing
Mk0012  retail marketingMk0012  retail marketing
Mk0012 retail marketing
 
Ms 612 retail management
Ms 612 retail managementMs 612 retail management
Ms 612 retail management
 
Bba 405 retail management
Bba 405  retail managementBba 405  retail management
Bba 405 retail management
 
Marketing management
Marketing managementMarketing management
Marketing management
 
Mk0012 retail marketing
Mk0012  retail marketingMk0012  retail marketing
Mk0012 retail marketing
 
Mk0012 retail marketing
Mk0012  retail marketingMk0012  retail marketing
Mk0012 retail marketing
 
Mk0012 retail marketing
Mk0012  retail marketingMk0012  retail marketing
Mk0012 retail marketing
 
Ml0011 buying and merchandising
Ml0011 buying and merchandisingMl0011 buying and merchandising
Ml0011 buying and merchandising
 
Bbr603 merchandising and supply chain management
Bbr603 merchandising and supply chain managementBbr603 merchandising and supply chain management
Bbr603 merchandising and supply chain management
 
Ms 06 marketing for managers
Ms   06 marketing for managersMs   06 marketing for managers
Ms 06 marketing for managers
 
Bba 204 marketing management
Bba 204 marketing managementBba 204 marketing management
Bba 204 marketing management
 
Mb0046 marketing management
Mb0046  marketing managementMb0046  marketing management
Mb0046 marketing management
 
Mb0046 marketing management
Mb0046  marketing managementMb0046  marketing management
Mb0046 marketing management
 
Retail Marketing Strategy retail rajnish kumar itc
Retail Marketing Strategy retail  rajnish kumar itcRetail Marketing Strategy retail  rajnish kumar itc
Retail Marketing Strategy retail rajnish kumar itc
 
Ms 6 marketing for managers
Ms 6 marketing for managersMs 6 marketing for managers
Ms 6 marketing for managers
 
Ml0016 advertising management & sales
Ml0016   advertising management & salesMl0016   advertising management & sales
Ml0016 advertising management & sales
 
Ml0016 advertising management and sales promotion
Ml0016 advertising management and sales promotionMl0016 advertising management and sales promotion
Ml0016 advertising management and sales promotion
 
Ml0011 buying and merchandising
Ml0011 buying and merchandisingMl0011 buying and merchandising
Ml0011 buying and merchandising
 
Bbr504 visual merchandise
Bbr504 visual merchandiseBbr504 visual merchandise
Bbr504 visual merchandise
 

Recently uploaded

A Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy ReformA Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy ReformChameera Dedduwage
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfsanyamsingh5019
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeThiyagu K
 
PSYCHIATRIC History collection FORMAT.pptx
PSYCHIATRIC   History collection FORMAT.pptxPSYCHIATRIC   History collection FORMAT.pptx
PSYCHIATRIC History collection FORMAT.pptxPoojaSen20
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxpboyjonauth
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxheathfieldcps1
 
Micromeritics - Fundamental and Derived Properties of Powders
Micromeritics - Fundamental and Derived Properties of PowdersMicromeritics - Fundamental and Derived Properties of Powders
Micromeritics - Fundamental and Derived Properties of PowdersChitralekhaTherkar
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Educationpboyjonauth
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingTechSoup
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Sapana Sha
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentInMediaRes1
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxNirmalaLoungPoorunde1
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13Steve Thomason
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactdawncurless
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdfssuser54595a
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityGeoBlogs
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxGaneshChakor2
 
Concept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.CompdfConcept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.CompdfUmakantAnnand
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon AUnboundStockton
 

Recently uploaded (20)

A Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy ReformA Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy Reform
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdf
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and Mode
 
PSYCHIATRIC History collection FORMAT.pptx
PSYCHIATRIC   History collection FORMAT.pptxPSYCHIATRIC   History collection FORMAT.pptx
PSYCHIATRIC History collection FORMAT.pptx
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptx
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptx
 
Micromeritics - Fundamental and Derived Properties of Powders
Micromeritics - Fundamental and Derived Properties of PowdersMicromeritics - Fundamental and Derived Properties of Powders
Micromeritics - Fundamental and Derived Properties of Powders
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Education
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media Component
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptx
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptx
 
Concept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.CompdfConcept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.Compdf
 
Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon A
 

Mk0012 retail marketing

  • 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 ASSIGNMENT DRIVE SPRING 2016 PROGRAM Master of Business Administration- MBA SEMESTER 3 SUBJECT CODE & NAME MK0012 –Retail Marketing BK ID B1723 CREDITS &MARKS 4 Credits, 60 marks Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Question.1. Explain the classifications of retail formats in detail with Indian examples. Answer:Retailingis the set of activities related to the sale of products and services to the ultimate customer.Companiescarry out market research to know customer attitude towards their products but the customers’ real intents are displayed only during the process of buying in retail stores. A company can develop insights into the behaviour of its customers as they shop in the retail store. Question.2. What is target marketing & what can be different types of target markets for retailers? Answer:Retailing is a distribution channel function, where one organisation buys products from supplying firms or manufactures products themselves, and then sells these directly to consumers. In majority of retail situations, the organisation, from whom a consumer buys, is a reseller of products obtained from others, and not the product manufacturer. However, some manufacturers do operate their own retail outlets in a corporate channel arrangement.
  • 2. Retailers offer many benefits to Question.3. What are the different types of retail store locations? What are their advantages &disadvantages? Answer:Commercial retaillocationsare availableinmany different forms. Stop and think about the businesses in your town. Like most communities, there are probably older shopping areas, new bustling retail locations and some tucked away shops. Retailershave manystore locationfactorstoconsiderwhenchoosingaplace fortheirbusiness.Here are a few of the more common types of retail locations. Question.4. What do you understand by merchandise management? Answer:Retail merchandise management is a dynamic business arena that requires an in-depth understanding of direct sales operations, buying strategies, merchandise procurement, and sales supply chains. In order to be successful in the field, you need to develop strong management and communication skills as well as leadership capabilities. Question.5. Describe Integrated Marketing Communication (IMC).Discuss the reasons forimplementing IMC. Answer:Itis essentialfororganizationsto promote their brands well among the end-users not only to outshine competitors but also survive in the long run. Brand promotion increases awareness of productsand servicesandeventuallyincreasestheirsales,yielding high profits and revenue for the organization. To understand integrated marketing Question.6. Write short notes on: a) Market entry method
  • 3. Answer:A market entry strategy is the planned method of delivering goods or services to a new target market and distributing them there. When importing or exporting services, it refers to establishing and managing contracts in a foreign country. Factors: Many companiessuccessfully operate in a niche market without ever expanding into new markets. Some businesses achieve increased sales, brand awareness and business stability by enteringanewmarket.Developingamarket-entrystrategyinvolvesathoroughanalysisof potential competitors and possible customers. Some of b) E-tailing Answer:Electronicretailing(e-tailing) isabuzzwordforanybusiness-to-consumer(B2C) transactions that take place over the Internet. Simply put, e-tailing is the sale of goods online. Companies like Amazonand Dell createdthe online retail industrybyputtingthe entire customerexperience - from browsingproductsto placing orders to paying for purchases - on the Internet. The success of these and othercompaniesencouragedmore traditional retailerstocreate anonline presence toaugment their brick-and-mortar outlets. Dear students get fully solved assignments Send your semester & Specialization name to our mail id : help.mbaassignments@gmail.com or call us at : 08263069601