The profit maximization pricing functions in the HP's marketing operations is that the same advertisement has been used over and over again.
The purpose of marketing is to make a business a success. Pricing, selling, financing, promoting, distribution, product information, and marketing information management are all functions of marketing.
It does not affect pricing, it is a component of marketing mix.
The field of marketing has several concepts attached to it. These include; identity, pricing, operations, dominance, ethics, research, segmentation, effectiveness, strategy, branding, distribution and service.
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When a company starts with a marketing penetration pricing strategy you assume that people want the product you are offering. Another assumptions you have is that your pricing strategy is priced better than your competition.
functions of marketing management are; buying selling financing risk taking shaping and designing the market offerings storing delivering pricing communicating segmenting environment monitoring/scanning decision making customer support standardizing and grading planning packaging labeling, and branding etc,etc...
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Hospitality Industry is a service sector industry and employs the same elements as other marketing industries functions for economic and social satisfaction to the customer and profits to the hospitality sector employing marketing tools such as product/service promotion including publicity,advertisements,sales ,services; packaging services as brand strategy;pricing;placing;market research.
marketing mix strategy for hul
Bid Pricing Cost Plus Pricing Customary Pricing Differential Pricing Diversionary Pricing Dumping Pricing Experience Curve Pricing Loss Leader Pricing Market Pricing Predatory Pricing Prestige Pricing Professional Pricing Promotional Pricing Single Price for all Special Event Pricing Target Pricing
sets of a price that will drive others out the marketing
they both suck