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Topic: Profit impact of marketing strategy


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In the News (Fri 1 Jan 10)

  
  Definition of Profit impact on marketing strategy
Profit Impact of Marketing Strategy (PIMS) is a database of the market profiles and business results of major American and European companies.
Data from the study is used to craft strategies in strategic management and marketing strategy.
An 'Optimus Strategy' report, which is aimed at predicting the best combination of strategies for that particular company, again based on the experiences of other businesses in 'similar' circumstances.
www.wordiq.com /definition/Profit_impact_on_marketing_strategy   (1045 words)

  
  Marketing Strategy Development (free Business e-Coach)
Marketing strategy is essentially a pattern or plan that integrates your organization's major goals, policies, and action sequences in a cohesive whole.
Marketing strategies are generally concerned with four Ps: product strategies, pricing strategies, promotional strategies, and placement strategies.
Experiential marketing is the difference between telling people about features or benefits within the confines of the thirty-second TV spot and letting them experience it and get their own "a-ha!" event.
www.1000ventures.com /business_guide/marketing_strategy.html   (918 words)

  
 NaturalGas.org
In fact, the first marketers were a direct result of interstate pipelines attempting to recoup losses associated with long term contracts entered into as a result of the oversupply problems of the early 1980s.
Marketers, in whatever form, find buyers for natural gas, ensure secure supplies of natural gas in the market, and provide a pathway for natural gas to reach the end-user.
Similarly, a marketer who plans on selling natural gas in the spot market for the next month may be worried about falling prices, and can use a variety of financial instruments to hedge against the possibility of natural gas being worth less in the future.
www.naturalgas.org /naturalgas/marketing.asp   (2746 words)

  
 Marketing
Marketing is a research-led, topical course that will develop your intellectual and analytical skills as well as giving you a unique understanding of marketing in a variety of settings.
For example there may be a team project on the marketing strategies of a local business, or you will be asked to debate controversial marketing ethics such as ‘whose needs does marketing ultimately serve?', 'what is the influence of advertising on young people?' and 'is marketing appropriate within non-profit organisations?'.
The Marketing Principal is designed to provide you with comprehensive training that prepares you for the widest range of careers after graduation in business and non-business organisations.
www.keele.ac.uk /undergraduate/prospectus/2007/courses/marketing.htm   (822 words)

  
 What's In a Nonprofit's Name - Report
These commercial-nonprofit marketing alliances are usually exclusive in nature, so that only the manufacturer able to pay for and enter into a licensing agreement with the nonprofit organization obtains the use of the nonprofit’s trusted name.
Marketing and advertising practices engaged in by commercial sponsors as well as nonprofit organizations are covered by state consumer statutes.
Social representations engendered by companies as part of their marketing strategy should be evaluated in the same manner as other 'seller representations.' When coarse misrepresentations are made, for example that containers are recyclable when in fact they are not under the most common usage of the term, then the actions are clearly unethical.
www.oag.state.ny.us /press/reports/nonprofit/full_text.html   (12252 words)

  
 [No title]
Marketing decision-making is not performed in a vacuum.
Your profitability is determined by your ability to plan and control the interaction among the four elements of marketing strategy: the product and its price, distribution and promotion.
The impact of marketing decisions on your profitability is demonstrated in the charts below.
www.bookmarketingworks.com /BuckStartsHere.htm   (724 words)

  
 Bachelor in Marketing
Many marketing concepts are applicable to the operations of non-profit organizations such as governmental, educational, and health care institutions as well as charitable and political campaigns.
Marketing in the end deals with people, people who are constantly changing in their needs, wants and desires; and coupled with these changing tastes is a fiercely competitive environment sustained by all the resources of a rapidly evolving technology.
Particular attention is paid to the impact of marketing on other functional areas of business as well as on society.
www.coba.usf.edu /departments/marketing/programs/bachelor.html   (1278 words)

  
 McKinsey & Company - Marketing & Sales Practice - Our Service Lines - Marketing Strategy
Marketing strategy innovators are unlocking enormous value and creating leadership in their industries.
In many cases, these marketers are shifting away from a traditional marketing approach that focuses solely on functional benefits such as quality or reliability.
While each client situation is unique, our strategy development approach begins with a thorough understanding of customer segments and their needs across three crucial benefit dimensions – functional, relationship, and process – an approach we call “three-dimensional” marketing.
www.mckinsey.com /practices/marketing/servicelines/marketingstrategy.asp   (295 words)

  
 Database Marketing
Profit impact of marketing strategy - Profit Impact of Marketing Strategy (PIMS) is a database of the market profiles and business results of major American and European companies.
Database marketing is the ultimate extension of direct marketing-selling to an individual rather than to groups, coming full circle to the one-on-one relationship eroded by decades of mass marketing.
Now comes Consumer Guided Marketing- a new kind of marketing that combines the personal approach of direct mail with the processing power of the modern marketing database to create one-to-one marketing that is far more personal, database marketing and consequently much more powerful, than any type of marketing that has preceded it.
www.wilbankstech.com /databasemarketing.html   (849 words)

  
 Marketing Advertising Business Development Business Growth Strategic Planning Profit Improvement
Marketing is a business process about which much is written, however is often not completely understood.
The marketing approach enables you to differentiate your business from your competitors, not by selling a different product, but by providing customers with a different experience when they deal with your business.
A recent PIMS survey (Profit Impact of Marketing Strategy) found that businesses who were perceived by their customers to provide better service could charge an average of 9- 10% more for the same basic product or service.
www.progressivebusinesssolutions.co.nz /marketing_management.htm   (550 words)

  
 Glossary: Chapter 21
A strategy that determines how resources are to be used to meet the organisation's goals in the areas of production, finance, research and development, personnel and marketing.
A strategy indicating the specific target markets and the types of competitive advantages that are to be developed and exploited.
A process that yields a marketing strategy that is the framework for a marketing plan.
college.hmco.com /business/dibb/4e/student/glossary/ch21.html   (704 words)

  
 Profit Impact Of Marketing Strategy, Internet Marketing Resources   (Site not responding. Last check: 2007-10-19)
PIMS is arguably the most robust database that has been used to study the impact of marketing...
PIMS Profit Impact of Marketing Strategy Place the distribution channels to be used, outlet locations, methods of transportation...
In 1999, PIMS (Profit Impact of Marketing Strategy) conducted a special analysis of 183 UK-based companies in periods of recession and...
www.bmcamarketing101.net /22/profit-impact-of-marketing-strategy.html   (263 words)

  
 Profit impact of marketing strategy - Wikipedia, the free encyclopedia
The 'Profit Impact of Marketing Strategy' (PIMS) database "yields solid evidence in support of both common sense and counter-intuitive principles for gaining and sustaining competitive advantage": Tom Peters and Nancy Austin.
Data from the study is used to craft strategies in strategic management and marketing strategy.
A 'Strategy Analysis' report, which computes the predicted consequences of each of several alternative strategic actions, judged by information in similar businesses making similar moves, from a similar starting-point and in a similar business environment.
en.wikipedia.org /wiki/Profit_impact_of_marketing_strategy   (1087 words)

  
 Aspy P. Palia Executive Education Business Seminars Internet Marketing Strategic Market Planning BCG Matrix Positioning ...   (Site not responding. Last check: 2007-10-19)
This seminar will provide marketing managers with the opportunity to explore the use of the internet, intranets, extranets, supranets and intronets by firms to improve their competitive position.
Participants will learn how the RS Model (Harvard) is used by firms to develop content-, context-, and/or infrastructure-based strategies to create customer-perceived value in the marketspace, and to strengthen their competitive position.
The Market Segmentation Analysis and Positioning Seminar is designed for managers who wish to enhance their market segmentation, target marketing and positioning skills.
www.cba.hawaii.edu /aspy/aspyexse.htm   (884 words)

  
 Business Majors: textile industry analysis
Market dominance strategies are a type of marketing strategy that classifies firms based on their market share or dominance of an industry.
A marketing oriented firm (also called the marketing concept, or consumer focus) is one that allows the wants and needs of customers and potential customers to drive all the firms strategic decisions.
Strategy should be a creative art: It is a frame of mind that requires intuition and intellectual flexibility.
en.allexperts.com /q/Business-Majors-2754/textile-industry-analysis.htm   (2234 words)

  
 Pricing Strategy
Because there is a relationship between price and quantity demanded, it is important to understand the impact of pricing on sales by estimating the demand curve for the product.
Survival - in situations such as market decline and overcapacity, the goal may be to select a price that will cover costs and permit the firm to remain in the market.
Skimming is a strategy used to pursue the objective of profit margin maximization.
www.netmba.com /marketing/pricing   (1481 words)

  
 List of marketing topics - Wikipedia, the free encyclopedia
This is a list of over 200 articles on marketing topics.
If you create a marketing article, please add it to this list.
Marketing orientation also called customer focus or marketing concept
en.wikipedia.org /wiki/List_of_marketing_topics   (105 words)

  
 Maneuver Marketing Communique   (Site not responding. Last check: 2007-10-19)
I've noticed recently a slew of marketers attaching a pejorative meaning to the concept of command and control as they try and defend many of their "new" marketing concepts which are ineffective or have turned out to be downright destructive.

There are different expressions of command and control.

Market share value attachs a quantitative value, measured by percentage margin, to your market share volume. Having a large share of an unprofitable market is not sustainable. Alternatively, holding a smaller share that is profitable may be sustainable.

3.

Market share vector is a trend measurement that depicts the direction your market share volume and value are heading, over time, relative to your primary and secondary competitors.
feeds.feedburner.com /ManeuverMarketingCommunique   (7819 words)

  
 SJU:Pharmaceutical Marketing - Program: MBA Course Descriptions
The course sets the stage for future study by taking students through the marketing fundamentals beginning with strategy, target marketing and opportunity analysis, then developing product, price, distribution and promotion (the 4 p’s), and an introduction to customer driven marketing strategy, all in a managed care context.
Examination of various strategies and strategic frameworks are examined with a discussion of the advantages and shortcomings of each.
The objectives of this course are to understand the dynamics and trends of the evolving healthcare system, to review managed care’s impact on pharmaceutical marketing and to develop strategies for success with the managed care customer.
www.sju.edu /hsb/pharmaceutical_marketing/pages/course_descriptions_postmba.html   (2540 words)

  
 profit impact of marketing strategy directory - GuideToOpportunities.com
ABOUT THESE FOOTNOTES for profit impact of marketing strategy - for over a year, we researched the best ways to present information on these content pages, attempting to strike a balance between publishing volumes of information while limiting the need to scroll down through lengthy lists of items..
the method we've chosen, as is used on this profit impact of marketing strategy topic area, is to present lists of links at the top of the page in handy "title only" form, while providing additional commentary for those who desire it, as footnotes.
What is market orientation How would a business with a strong market orientation differ from one with a weak market orientation...
www.guidetoopportunities.com /marketing-strategy/profit-impact-of-marketing-strategy.php   (409 words)

  
 Craig MBA
Marketing is one of the two line functions in any organization (the other is operations).
Buyer behavior analysis, marketing research, personal selling, sales promotion, advertising, sales analysis, channels of distribution selection, sales management, pricing determination, global marketing, new product-service development, logistics and managing current product-services are the major activities of marketing managers in both profit and non-profit organizations.
Using an in-depth market, competition and company analysis, sales forecasting techniques, PIMS (Profit Impact of Marketing Strategy) Project, and market share models to design an effective marketing plan.
www.craig.csufresno.edu /Departments/MBA/o_marketing.htm   (418 words)

  
 Maneuver Marketing Communique: JOHNNIE MOORE, WARFARE ANALOGIES AND WORLD OF WARCRAFT...
You can fight for market share using existing products in established markets against known competitors, and/or, you can innovate new offerings and markets with the intention of temporarily disrupting, reducing or eliminating competition.
Market share battles can be a lucrative source of cash flow (and provide the resources, and generate the competitive instincts necessary to innovate sustainable advantages).
This body of work is contained in an library of campaigning resources called vSente’s ARMORY - the online resource for the competitive marketer which introduces new thinking, approaches and techniques to the process of competitive marketing.
twoscenarios.typepad.com /maneuver_marketing_commun/2006/09/johnnie_moore_w.html   (1109 words)

  
 McKinsey & Company - Marketing & Sales Practice - Service Lines
A compelling customer relationship strategy based on superior analytics and clear business objectives creates value for the organization through innovative relationship programs supported by customer-oriented processes, organization, and technology.
By focusing on building marketing capabilities that link directly with the strategic and economic objectives of the business, we help clients create marketing organizations that contribute directly to growth.
By applying a comprehensive set of efficiency and effectiveness levers, companies are able to increase topline results while reducing marketing spending by 15 to 25 percent.
mckinsey.com /practices/marketing/servicelines   (427 words)

  
 Scientific Marketing: Modeling and Optimization for Strategic Promotions
A firm's objectives range from maximizing profit or revenue to maximizing market share in the presence of competition.
One of the most effective ways a company can increase profits is by selling the right products/bundles at the right prices to the right people.
InfoLenz was born as a group of MIT scientists identified significant limitations in conventional analytics techniques, which apply ad hoc statistics and optimization rather than focusing on the true underlying economics of markets.
web.mit.edu /mitpep/pi/courses/scientific_marketing.html   (1322 words)

  
 The Profit Impact of Marketing Strategy Project - Cambridge University Press
George Day’s chapter then laces PIMS’ contributions to the field of marketing strategy into the context of the growth and maturation of the field.
PAUL W. Profit Impact of Marketing Strategy (PIMS) project, which began in 1972, was one of the most successful and influential partnerships between marketing academics and the private sector.
The Marketing Science Institute was a near-perfect organizational platform from which to launch a project that had the ambitious goal of understanding how and why some marketing strategies were more profitable than others.
www.cambridge.org /catalogue/catalogue.asp?isbn=0521840538&ss=exc   (2384 words)

  
 Getting the Approval and Budget You Need to Do Marketing Right
We have a board member with marketing expertise (but, like most board members, he can't give 100% of his effort to our marketing agenda) and a marketing committee, composed of directors in communications (my boss), development and membership.
True marketing means clearly defining your goals and objectives, the audiences you need to target to reach them, and then the marketing strategies and hands-on tactics that will get your audiences' attention.
It's all too easy for nonprofit managers and board members to nix marketing expenditures when they don't really understand how vital marketing is to the ongoing health of their organizations.
nancyschwartz.com /approval_nonprofit_marketing.html   (1169 words)

  
 marketing and promotion resources for businesses   (Site not responding. Last check: 2007-10-19)
Not recognizing this fact could mean that you are wasting up to 80% of their marketing efforts on non value-added activities or even worse counter productive activities by lack of focus.
Many people have expressed frustration with the lack of focus in the development and/or implementation of marketing strategies, especially while they know they have limited resources.
Focus Marketing has integrated that notion in its methodology to insure that focus is applied along the entire process...including the implementation phase.
www.focusmarketing.us /consulting/refiningyourfocus800.htm   (255 words)

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