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Showing posts with label Mkt. Show all posts
Showing posts with label Mkt. Show all posts

Friday, December 24, 2010

MKT630 Online Quiz 03

ONLINE QUIZ NO. 3 ANNOUNCEMENT

Quiz will Cover Video Lecture No. 1 to 25

Schedule

Opening Date and Time:

28-12-2010

At 12:00 AM (Mid Night)

Closing Date and Time:

29-12-2010

At 11:59 PM (Mid-Night)

Note that 24 Hours Extra Time is Not Available

Tuesday, November 23, 2010

MKT630 GDB 01

Total Marks 2

Starting Date Tuesday, November 23, 2010

Closing Date Wednesday, November 24, 2010

Status Open

Question/Description

Now a day when you visit any departmental store, you will find many imported items at lower prices as countries can import/export anything without any hurdle; this is the essence of globalization and WTO. In contrary this process of free trade is a threat for the local Small and medium business as people may prefer to buy imported good instead of local.

What do you think about the effective role of government in developing and preserving the small and medium enterprises (SMEs) from international competition?

Monday, November 22, 2010

MKT630 GDB 01 Announced

Semester “FALL 2010”

International Marketing(MKT630)”

This is to inform that Graded Discussion Board (GDB) will be opened according to the following schedule

Schedule

Opening Date and Time

November 23rd , 2010 At 12:01 A.M. (Mid-Night)

Closing Date and Time

November 24th , 2010 At 11:59 P.M. (Mid-Night)

Topic/Area for Discussion

Role of Governments in International Markets

Wednesday, October 27, 2010

MKT501 Assignment # 1 - Solution

Solution:-

1. What Competitive advantage of your organization can attract foreign customers?]

Know Your Competitors

Get information the other business firms involved in the same business and prepare your strategy accordingly

Collect information about the targeted customers

Customer’s information collection is the basis of analysis, which requires the collection method is scientific, accurate information, as detailed as possible. The first step is to organize customer information, according to the customer’s industry, size, demand

characteristics and other customers will be divided into several groups. The second is to fill in a form by marketing staff, met to discuss the characteristics of other means to collect customer information, such as demand characteristics, organizational

characteristics and so on. The third step is for some still unclear, select a representative survey of customers, asking. Collection activities to note are: the understanding of the situation must be objective, not by imagined to guess, to be accurately recorded and complete.

Product Differentiation

Improve the product itself by adding features, improving reliability, etc. Branding: marketing to make the product appear different to consumers

Product Advantages

With a certain product or service capacity, product or service, although not particularly outstanding advantages, but also to meet customer needs and has a broad application of the market.

Promote sales

When you have equip your product with strong qualities keeping in mind the actual demand of customers go for promotional activities to sale the product internationally

2) How do you evaluate the demand of foreign customers and satisfy

them?

Find the best customer groups

Find the best customer groups and according to its demand characteristics, improve the product, change the focus, choose the best distribution channels and marketing opportunities; according to their organizational characteristics, different roles were

persuaded to take a different strategy.
The timing of customer consumption

Different products or services at different times, the customers to buy time and frequency are different, only to find out its characteristics, can grasp the marketing initiative. Need to analyze: the customer what products or services on our time to buy? How long to buy one? A type of consumption of large customers?


Location of customer consumption

Customers purchase and use of products or services have an appropriate place, usually

used to find out where customers buy our products? What can be the best selling place?

Where customers use our products? Whether our products can also be used to expand the space? Thus we can find the ideal sales channel and product applications.

How to Satisfy?

Provide product information to the customers

Help to identify potential problem before it occurs

Provide user friendly customer complaint registration

Have prompt complaint handling system

Provide fast back up service

Provide quick correcting service

Provide close mechanism on customer point of interaction

Keep environment clean neat and fair

Tuesday, October 26, 2010

Brand Management (MKT 624) Assignment No. 01

Semester “Spring 2010”
“Brand Management (MKT 624)”
Assignment No. 01 Marks: 20
“Brand Dimensions”
Select a brand of your own choice and discuss its Dimensions according to “Brand Dimension Model” given below. Try to avoid irrelevant discussion and copying from others. You can consult Lecture # 03 for better understanding. An Assignment sample is given to youat the end for your guidance.
Brand Dimensions Model


(Note: You are not allowed to select Surf Excel which is given below as Assignment Sample)

International Marketing (MKT630) Assignment No. 1

Semester “Fall 2010”
International Marketing (MKT630)
Assignment No. 1 Marks: 10
Question:
The process of globalization has fostered changes in the business environment. This is now inevitable for a businessman to avoid global competition. The successful businessperson in the 21st century will have global awareness and a frame of reference that goes beyond a region or even a country and encompasses the world. Suppose if you are a businessman, what will be your lifelong plan to be globally aware of, for an ensured growth of your business.