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Introduction to Marketing: This section covers the basic definition of marketing, its role in business, and the importance of understanding customer needs and wants. Marketing Mix: The marketing mix consists of four key elements, also known as the 4Ps: Product, Price, Place, and Promotion. This section explains each component and how they work together to create a marketing strategy. Market Segmentation and Targeting: Here, students learn about dividing the market into distinct groups based on characteristics such as demographics, psychographics, and behavior. Targeting involves selecting specific segments to focus marketing efforts on. Consumer Behavior: This topic explores the psychological, social, and cultural factors that influence consumers' purchasing decisions. It covers concepts like perception, motivation, learning, and the decision-making process. Marketing Research: Students learn about the importance of gathering and analyzing data to make informed marketing decisions.
Typology: Summaries
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Marketing Strategies: Generates Demand, Customer Feedbacks, Ads, Promotions, Forecasts Understanding diverse organizations' marketing tactics is critical for gaining insight and learning from their successes and mistakes. In this essay, we will look at four different organizations' marketing strategies: Aura Pharmacy, Bizim Bakkal, Sodexo, and Unilever. Aura Pharmacy promotes their products using a variety of marketing strategies. Communication, customer loyalty, advertising, sales, and product management are all strategies. Aura Pharmacy can improve its own product brand scale, for example cleaning gel, by focusing consumers input and reaction. To entice clients to buy its products, the pharmacy offers a variety of promotions such as discounts, loyalty programs, sample, and gifts. Aura Pharmacy's marketing strategies are focused on addressing customers' requirements and expectations while also improving the customer experience. Bizim Bakkal primarily raises awareness of its products or services through word-of-mouth advertising or marketing. Due to environmental constraints, Bizim Bakkal can only reach its target customers through successful marketing efforts that are tailored to their demands. Bizim Bakkal gathers consumer input mostly through conversations with customers and uses this information to improve products or services and explore new prospects. To attract and keep clients, Bizim Bakkal offers numerous incentives such as discounts or free parking. Bizim Bakkal, which anticipates industry trends and changes in consumer behavior, increases its product line in accordance with its forecasts. Sodexo is a service provider that offers its customers food, technical, and extra staff services. Customer input is extremely important to the organization since it allows them to improve their offerings. Sodexo takes client input through surveys and seeks to improve areas that require it. For each service, the organization employs a different planning strategy. Sodexo employs a continuous strategy for food and beverage services as well as additional workers, which allows them to replace any gaps that may develop along the process. The corporation adopts the project method for technical assistance and invests more time and money to fix the problem. To optimize its services, the company employs digital applications, novel food service solutions, autonomous delivery, and artificial intelligence. The Sodexo Data Lab and its team of data professionals utilize consumer insights intelligently to fulfill ever-changing needs and create new Quality of Life services for customers.
Unilever, on the other hand, is a global consumer goods firm with a varied portfolio of brands sold globally. Unilever's marketing department is in charge of advertising its products and ensuring that they are appealing to consumers. Demand is generated by the company using various marketing techniques, such as growing brand awareness through advertising, social media, and other marketing channels. Unilever generates demand through product innovation, which includes the development and introduction of new products. To gain the attention of target consumers, the company employs unique advertising and promotions. To sell its products, the company works with celebrities and influencers, and it uses promotions and discounts to attract clients to try it. Unilever's marketing initiatives also target sustainability topics such as waste reduction and responsible sourcing. To enhance its products and marketing initiatives, the organization receives client input through a variety of means. Unilever also employs market conditions to develop marketing strategies that drive growth and sales, as well as marketing forecasting to anticipate future changes in customer behavior. Furthermore, Sodexo markets its products in collaboration with celebrities and influencers, and it uses promotions and discounts to persuade customers to sample its products. Unilever, on the other hand, distinguishes itself by emphasizing sustainability themes in its marketing campaigns. Waste minimization and responsible sourcing are two examples. To summarize, Sodexo and Unilever each have distinct marketing tactics that represent their respective business models. When we look at these four different companies, we observe that they are of varying sizes, with two being little and two being enormous. As a result, while both types of businesses have identical aims in terms of addressing consumer wants and improving the customer experience, their marketing methods differ due to their size and resources. Local small businesses, such as Aura Pharmacy, place a premium on client loyalty and communication, whilst huge corporations, such as Unilever, employ comprehensive marketing methods to promote their broad brand portfolios. References https://www.unilever.com.tr/ Sim, S., King, H., & Price, E. (2016). The role of science in shaping sustainable business: Unilever