英文Marketing课本 Chapter8
Principles of Marketing 8
Branding Strategy: Building Strong Brands (cont)
2. Brand Name Selectiona. Should suggest something about the products benefits and qualities. b. Easy to pronounce, recognize, remember. c. Should be distinctive. d. Should be extendable e. Name should translate easily into foreign languages. f. Capable of registration and legal protection.
What is a Product? (cont)
• Industrial products- products bought by individuals and organizations for further processing or for use in conducting a business. Three groups of industrial products: 1. Material and parts-raw material, manufactured material and parts.
Principles of Marketing
Chapter 8 Product, Services, and Branding Strategy
What is a product?
Product-anything that can be offered to a market for attention, acquisition, use, or consumption that might satisfy a want or need. Service-any activity/benefit that one party can offer to another that is essentially intangible and does not result in the ownership of anything.
unit 8营销英语
target market. There are many advertising “media” such as newspapers
(local, national, free, trade), magazines and journals, television, cinema, outdoor advertising (such as posters, buses). Marketers will choose different promotional approaches according to the nature of product and the stage of the consumer’s decision process. In a word, the elements of the promotion mix are integrated to form a coherent campaign.
Promotion Mix
It means the various communication techniques such as advertising, personal selling, sales promotion, and public relations
available to a marketer that are combined to achieve specific goals.
[电子教案]市场营销专业英语(Marketing English) (8)
Marketing English
❖ Effective salespeople have more than instinct; they are trained in methods of analysis and customer management.
Marketing
Unit8 Sales Promotion & Personal Selling
Sales promotion & personal selling are two important elements of promotion mix, and they play a key function in company.
❖Cash refund offers
Cash refund offers (or rebates) are like coupons except that the price reduction occurs after the purchase rather than at the retail outlet.
Contents
1
About Sales promotion
2
About Personal Selling
3
Personal Selling & CRM
4
Promotion Mix & IMC
Marketing
外贸英语函电.Chapter8
We look forward to receiving your shipping advice and thank you in advance.
Notes
Packing:
Large packing/outer packing (Packing for transportation 运输包装) Small packing/inner packing (Packing for sales 销售包装)
Example.
Dear Sirs, 30 metri
We are now pleased to inform you that we have shipped the above goods on board s.s. “Wuxi” which sails for your port tomorrow.
Notes
Unit packing: Bag Sack Carton Case Box Crate Drum Can, Tin Bundle Combined packing: Container Pallet Bg; Bgs 袋 Sx; Sxs 麻袋 Ctn; Ctns 硬纸箱 C/; C/s 箱子 Bx 盒 Crt 板条箱 Drm 桶 罐头 Bdle 捆 集装箱 货盘(tray底盘; platform平板)
Example…
The tea under the captioned contract should be packed in international standard tea boxes, 24 boxes on a pallet, 10 pallets in an FCL container. On the outer packing please mark our initials SCC in a diamond, under which the port of destination and our order number should be stenciled. In addition, warning marks like KEEP DRY, USE NO HOOK, etc. should also be indicated.
营销管理精要英文版最新版教学课件第8章
The Scope of Branding
• Branding – The process of endowing products and services with the power of a brand
Defining Brand Equity (1 of 3)
• Brand equity – Added value endowed to products with consumers
Branding Decisions (2 of 2)
• House of brands • A branded house
– Flagship product
Brand Portfolios
• The set of all brands and brand lines a particular firm offers for sale in a particular category or market segment – Flankers – Low-end entry level – Cash cows – High-end prestige
Brand Equity Models (1 of 6)
• BrandAsset® Valuator • Brandz & BrandDynamics • Brand Resonance Model
Brand Equity Models (2 of 6)
• BrandAsset® Valuator – Energized differentiation – Relevance – Esteem – Knowledge
Branding Decisions (1 of 2)
• Alternative branding strategies – Individual or Separate family brand names – Corporate umbrella or company brand name – Sub-brand name
市场营销学英文版最新版教学课件第8章
Customer-Centered New Product Development (2 of 2)
– Develops long-run sales, profit goals, and marketing mix strategy
Business Analysis and Product Development
• Business analysis: A review of the sales, costs, and profit projections for a new product
• External idea sources:
– Distributors and suppliers – Competitors – Customers
Idea Generation (2 of 2)
Crowdsourcing:
Inviting broad communities of people into the new product innovation process
• Three parts of the marketing strategy statement:
– Describes the target market, planned value proposition, sales, market-share, and profit goals
– Determines product’s planned price, distribution, and marketing budget
市场营销英文Chapter 8
Segmentation, Targeting, and Positioning: Building the Right Relationships with the Right CustomersChapter 8Objectives•Be able to define the three steps of target marketing: market segmentation, target marketing, and market positioning.•Understand the major bases for segmenting consumer and business markets.Objectives •Know how companies identify attractive market segments and how they choose a target marketing strategy.•Comprehend how companies position their products for maximum competitive advantage.•Sells multiple brands within the same product category for differentAsian markets•Brands feature adifferent mix of benefitsand appeal to differentsegments across Asianmarkets •Soap segments inSouth Asia targetedwith different brandsLux, Lifebuoy and Fair & Lovely brands •Has also identified different niches withincertain segmentsUnilever in Asia Case StudyDefinition•Market Segmentation:§Dividing a market into distinctgroups with distinct needs,characteristics, or behavior whomight require separate products ormarketing mixes.Geographic SegmentationVariables Market Segmentation•Asian region (eg East Asia)•Asian country •State or Region •City •Neighborhood •City or Metro Size •Density •ClimateDemographic Segmentation Variables Market Segmentation•Age•Gender •Family size •Family life cycle •Income •Occupation •Education •Religion •Race •Generation•NationalityBehavioral SegmentationVariables Market Segmentation•Occasions •Benefits •User Status •User Rates •Loyalty Status •Readiness Stage•Attitude Toward the ProductTarget Marketing•Evaluating Market Segments §Segment size and growth§Segment structural attractiveness v Level of competitionv Substitute productsv Power of buyersv Powerful suppliers§Company objectives and resourcesTarget Marketing•Target Marketing Strategies §Undifferentiated (mass) marketing§Differentiated (segmented)marketing§Concentrated (niche) marketing§Micromarketing (local or individual)marketingTarget Marketing •Choosing a Target-Marketing Strategy Requires Consideration of:§Company resources§The degree of product variability§Product’s life-cycle stage§Market variability§Competitors’marketing strategiesTarget Marketing•Socially Responsible Targeting§Some segments who are disadvantaged: v Childrenv Elderlyv Illiterate customers in Asia§Another recent issue-targeting abuses on the Internet§Controversy occurs when the methodsused are questionable.Positioning•Positioning:§The place the product occupies inconsumers’minds relative tocompeting products.§Typically defined by consumers onthe basis of important attributes.Positioning •Choosing a Positioning Strategy:§Identifying possible competitiveadvantagesv Products, services, channels, people orimage can be sources of differentiation.§Choosing the right competitive advantage v How many differences to promote?–Unique selling proposition–Positioning errors to avoidv Which differences to promote?Criteria for Meaningful Differences Positioning•Important •Superior •Preemptive •Distinctive •Communicable •Affordable•ProfitablePositioning•Choosing a Positioning Strategy:§Selecting an overall positioning strategy v More for More Value Propositionv More for the Same Value Propositionv The Same for Less Value Propositionv Less for Much Less Value Propositionv More for Less Value Proposition8 -20Positioning•Choosing a Positioning Strategy:§Developing a positioning statementv Positioning statements summarize thecompany or brand positioningv EXAMPLE: To (target segment andneed)our (brand)is (concept)that(point -of -difference).§Communicating the chosen positionGenerated by Foxit PDF Creator © Foxit Software For evaluation only.。
市场营销学英文版最新版教学课件第8章
Commercialization
• Introducing a new product into the market
• Considerations for launching a new product
Customer-centered new product development focuses on finding new ways to solve customer problems and create more customer-satisfying experiences.
Customer-Centered New Product Development (2 of 2)
Test Marketing (1 of 3)
• Introduces the product and its proposed marketing program into realistic market settings
• Gives the marketer an experience with marketing a product before full introduction
– Customer-centered new product development – Team-based new product development – Systematic new product development
Customer-Centered New Product Development (1 of 2)
8-3. Describe the stages of the product life cycle and how marketing strategies change during a product’s life cycle.
chapter8 intercultural marketing communication
Consequences for Advertising
2- Individualism/collectivism * Individualistic cultures : - frequent use of « You, We, I » - « Treat yourself right » * Collectivistic cultures : - showing people as part of groups - being alone means you have no friends
Chapter 8 Intercultural Marketing Communication
LOGO
Objectives:
Understand the role culture plays in international marketing and advertising. Gain insight into controversial issues of global marketing and advertising. Analyze consumer behavior from different cultural viewpoints. Understand the importance of appropriate translation of advertisements.
市场营销专业英语 topic 8 优质课件
Add Service to Existing Merchandise Ranges
By adding services to existing merchandise ranges, this is the opportunity to offer added value to the customer and establish differentiation at one and the same time.
Expand the Core Customer Base
Assuming that the retail offer is well supported by the existing core customers, it follows that there should be an effort to identify other consumers sharing core customer characteristics. Given a target customer profile, store catchments areas should be ‘searched’ for consumers with the same or similar profiles.
曼昆经济学原理英文版文案加习题答案8章
144WHAT’S NEW IN THE S EVENTH EDITION: A new In the News box on ―The Tax Debate ‖ has been added.LEARNING OBJECTIVES: By the end of this chapter, students should understand:how taxes reduce consumer and producer surplus.the meaning and causes of the deadweight loss from a tax.why some taxes have larger deadweight losses than others.how tax revenue and deadweight loss vary with the size of a tax.CONTEXT AND PURPOSE:Chapter 8 is the second chapter in a three-chapter sequence dealing with welfare economics. In theprevious section on supply and demand, Chapter 6 introduced taxes and demonstrated how a tax affects the price and quantity sold in a market. Chapter 6 also described the factors that determine how the burden of the tax is divided between the buyers and sellers in a market. Chapter 7 developed welfare economics —the study of how the allocation of resources affects economic well-being. Chapter 8 combines the lessons learned in Chapters 6 and 7 and addresses the effects of taxation on welfare. Chapter 9 will address the effects of trade restrictions on welfare. The purpose of Chapter 8 is to apply the lessons learned about welfare economics in Chapter 7 to the issue of taxation that was addressed in Chapter 6. Students will learn that the cost of a tax to buyers and sellers in a market exceeds the revenue collected by the government. Students will also learn about the factors that determine the degree by which the cost of a tax exceeds the revenue collected by the government.8 APPLICATION: THE COSTS OF TAXATIONChapter 8 /Application: The Costs of Taxation ❖145KEY POINTS:∙ A tax on a good reduces the welfare of buyers and sellers of the good, and the reduction in consumer and producer surplus usually exceeds the revenue raised by the government. The fall in total surplus—the sum of consumer surplus, producer surplus, and tax revenue—is called thedeadweight loss of the tax.∙Taxes have deadweight losses because they cause buyers to consume less and sellers to produce less, and these changes in behavior shrink the size of the market below the level that maximizes total surplus. Because the elasticities of supply and demand measure how much market participantsrespond to market conditions, larger elasticities imply larger deadweight losses.∙As a tax grows larger, it distorts incentives more, and its deadweight loss grows larger. Because a tax reduces the size of a market, however, tax revenue does not continually increase. It first rises with the size of a tax, but if the tax gets large enough, tax revenue starts to fall.CHAPTER OUTLINE:I. The Deadweight Loss of TaxationA. Remember that it does not matter who a tax is levied on; buyers and sellers will likely share inthe burden of the tax.B. If there is a tax on a product, the price that a buyer pays will be greater than the price the sellerreceives. Thus, there is a tax wedge between the two prices and the quantity sold will be smaller if there was no tax.146 ❖ Chapter 8 /Application: The Costs of TaxationC. How a Tax Affects Market Participants1. We can measure the effects of a tax on consumers by examining the change in consumersurplus. Similarly, we can measure the effects of the tax on producers by looking at the change in producer surplus.2. However, there is a third party that is affected by the tax —the government, which gets total tax revenue of T × Q. If the tax revenue is used to provide goods and services to the public,then the benefit from the tax revenue must not be ignored.3. Welfare without a Taxa. Consumer surplus is equal to: A + B + C.b. Producer surplus is equal to: D + E + F.c. Total surplus is equal to: A + B + C + D + E + F.4. Welfare with a Taxa. Consumer surplus is equal to: A.Chapter 8 /Application: The Costs of Taxation ❖147b. Producer surplus is equal to: F.c. Tax revenue is equal to: B + D.d. Total surplus is equal to: A + B + D + F.5. Changes in Welfarea. Consumer surplus changes by: –(B + C).b. Producer surplus changes by: –(D + E).c. Tax revenue changes by: +(B + D).d. Total surplus changes by: –(C + E).6. Definition of deadweight loss: the fall in total surplus that results from a marketdistortion, such as a tax.D. Deadweight Losses and the Gains from Trade1. Taxes cause deadweight losses because they prevent buyers and sellers from benefiting fromtrade.2. This occurs because the quantity of output declines; trades that would be beneficial to boththe buyer and seller will not take place because of the tax.3. The deadweight loss is equal to areas C and E (the drop in total surplus).4. Note that output levels between the equilibrium quantity without the tax and the quantitywith the tax will not be produced, yet the value of these units to consumers (represented by the demand curve) is larger than the cost of these units to producers (represented by thesupply curve).148 ❖ Chapter 8 /Application: The Costs of TaxationII. The Determinants of the Deadweight LossA. The price elasticities of supply and demand will determine the size of the deadweight loss that occurs from a tax.1. Given a stable demand curve, the deadweight loss is larger when supply is relatively elastic.2. Given a stable supply curve, the deadweight loss is larger when demand is relatively elastic. B. Case Study: The Deadweight Loss Debate1. Social Security tax and federal income tax are taxes on labor earnings. A labor tax places a tax wedge between the wage the firm pays and the wage that workers receive.2. There is considerable debate among economists concerning the size of the deadweight lossfrom this wage tax.3. The size of the deadweight loss depends on the elasticity of labor supply and demand, andthere is disagreement about the magnitude of the elasticity of supply.Chapter 8 /Application: The Costs of Taxation ❖149a. Economists who argue that labor taxes do not greatly distort market outcomes believethat labor supply is fairly inelastic.b. Economists who argue that labor taxes lead to large deadweight losses believe that laborsupply is more elastic.III. Deadweight Loss and Tax Revenue as Taxes VaryA. As taxes increase, the deadweight loss from the tax increases.B. In fact, as taxes increase, the deadweight loss rises more quickly than the size of the tax.1. The deadweight loss is the area of a triangle and the area of a triangle depends on thesquare of its size.150 ❖ Chapter 8 /Application: The Costs of Taxation2. If we double the size of a tax, the base and height of the triangle both double so the area ofthe triangle (the deadweight loss) rises by a factor of four.C. As the tax increases, the level of tax revenue will eventually fall.D. Case Study: The Laffer Curve and Supply-Side Economics1. The relationship between the size of a tax and the level of tax revenues is called a Laffercurve.2. Supply-side economists in the 1980s used the Laffer curve to support their belief that a drop in tax rates could lead to an increase in tax revenue for the government.3. Economists continue to debate Laffer’s argument.a. Many believe that the 1980s refuted Laffer’s theory.b. Others believe that the events of the 1980s tell a more favorable supply-side story.c. Some economists believe that, while an overall cut in taxes normally decreases revenue,some taxpayers may find themselves on the wrong side of the Laffer curve. E. In the News: The Tax Debate1. Recently, policymakers have debated the effects of increasing the tax rate, particularly onhigher-income taxpayers.2. These two opinion pieces from The Wall Street Journal present both sides of the issue. ALTERNATIVE CLASSROOM EXAMPLE: Draw a graph showing the demand and supply of paper clips. (Draw each curve as a 45-degree line so that buyers and sellers will share any tax equally.) Mark the equilibrium price as $0.50 (per box) and the equilibrium quantity as 1,000 boxes. Show students the areas of producer and consumer surplus.Impose a $0.20 tax on each box. Assume that sellers are required to ―pay‖ the tax to the government. Show students that:▪ the price buyers pay will rise to $0.60.▪ the price sellers receive will fall to $0.40.▪ the quantity of paper clips purchased will fall (assume to 800 units).▪ tax revenue would be equal to $160 ($0.20 800).Have students calculate the area of deadweight loss. (You may have to remind students how to calculate the area of a triangle.)Show students that as the tax increases (to $0.40, $0.60, and $0.80), tax revenue rises and then falls, and the deadweight loss increases.Chapter 8 /Application: The Costs of Taxation ❖151152 ❖ Chapter 8 /Application: The Costs of TaxationSOLUTIONS TO TEXT PROBLEMS:Quick Quizzes1. Figure 1 shows the supply and demand curves for cookies, with equilibrium quantity Q 1 andequilibrium price P 1. When the government imposes a tax on cookies, the price to buyers rises to P B , the price received by sellers declines to P S , and the equilibrium quantity falls to Q 2. The deadweight loss is the triangular area below the demand curve and above the supply curve between quantities Q 1 and Q 2. The deadweight loss shows the fall in total surplus that results from the tax.Figure 12. The deadweight loss of a tax is greater the greater is the elasticity of demand. Therefore, a tax on beer would have a larger deadweight loss than a tax on milk because the demand forbeer is more elastic than the demand for milk.Chapter 8 /Application: The Costs of Taxation ❖1533. If the government doubles the tax on gasoline, the revenue from the gasoline tax could riseor fall depending on whether the size of the tax is on the upward or downward slopingportion of the Laffer curve. However, if the government doubles the tax on gasoline, you canbe sure that the deadweight loss of the tax rises because deadweight loss always rises as thetax rate rises.Questions for Review1. When the sale of a good is taxed, both consumer surplus and producer surplus decline. Thedecline in consumer surplus and producer surplus exceeds the amount of governmentrevenue that is raised, so society's total surplus declines. The tax distorts the incentives ofboth buyers and sellers, so resources are allocated inefficiently.2. Figure 2 illustrates the deadweight loss and tax revenue from a tax on the sale of a good.Without a tax, the equilibrium quantity would be Q1, the equilibrium price would be P1,consumer surplus would be A + B + C, and producer surplus would be D + E + F. Theimposition of a tax places a wedge between the price buyers pay, P B, and the price sellersreceive, P S, where P B = P S + tax. The quantity sold declines to Q2. Now consumer surplus isA, producer surplus is F, and government revenue is B + D. The deadweight loss of the tax isC+E, because that area is lost due to the decline in quantity from Q1 to Q2.Figure 23. The greater the elasticities of demand and supply, the greater the deadweight loss of a tax.Because elasticity measures the responsiveness of buyers and sellers to a change in price,higher elasticity means the tax induces a greater reduction in quantity, and therefore, agreater distortion to the market.4. Experts disagree about whether labor taxes have small or large deadweight losses becausethey have different views about the elasticity of labor supply. Some believe that labor supplyis inelastic, so a tax on labor has a small deadweight loss. But others think that workers canadjust their hours worked in various ways, so labor supply is elastic, and thus a tax on laborhas a large deadweight loss.5. The deadweight loss of a tax rises more than proportionally as the tax rises. Tax revenue,however, may increase initially as a tax rises, but as the tax rises further, revenue eventuallydeclines.Quick Check Multiple Choice1. a2. b3. c4. a5. b6. aProblems and Applications1. a. Figure 3 illustrates the market for pizza. The equilibrium price is P1, the equilibriumquantity is Q1, consumer surplus is area A + B + C, and producer surplus is area D + E +F. There is no deadweight loss, as all the potential gains from trade are realized; totalsurplus is the entire area between the demand and supply curves: A + B + C + D + E +F.Figure 3b. With a $1 tax on each pizza sold, the price paid by buyers, P B, is now higher than theprice received by sellers, P S, where P B = P S + $1. The quantity declines to Q2, consumersurplus is area A, producer surplus is area F, government revenue is area B + D, anddeadweight loss is area C + E. Consumer surplus declines by B + C, producer surplusdeclines by D + E, government revenue increases by B + D, and deadweight lossincreases by C + E.c. If the tax were removed and consumers and producers voluntarily transferred B + D tothe government to make up for the lost tax revenue, then everyone would be better offthan without the tax. The equilibrium quantity would be Q1, as in the case without thetax, and the equilibrium price would be P1. Consumer surplus would be A + C, becauseconsumers get surplus of A + B + C, then voluntarily transfer B to the government.Producer surplus would be E + F, because producers get surplus of D + E + F, thenvoluntarily transfer D to the government. Both consumers and producers are better offthan the case when the tax was imposed. If consumers and producers gave a little bitmore than B + D to the government, then all three parties, including the government,would be better off. This illustrates the inefficiency of taxation.2. a. The statement, "A tax that has no deadweight loss cannot raise any revenue for thegovernment," is incorrect. An example is the case of a tax when either supply or demand is perfectly inelastic. The tax has neither an effect on quantity nor any deadweight loss,but it does raise revenue.b. The statement, "A tax that raises no revenue for the government cannot have anydeadweight loss," is incorrect. An example is the case of a 100% tax imposed on sellers.With a 100% tax on their sales of the good, sellers will not supply any of the good, sothe tax will raise no revenue. Yet the tax has a large deadweight loss, because it reduces the quantity sold to zero.3. a. With very elastic supply and very inelastic demand, the burden of the tax on rubberbands will be borne largely by buyers. As Figure 4 shows, consumer surplus declinesconsiderably, by area A + B, but producer surplus decreases only by area C+D..Figure 4 Figure 5b.With very inelastic supply and very elastic demand, the burden of the tax on rubberbands will be borne largely by sellers. As Figure 5 shows, consumer surplus does notdecline much, just by area A + B, while producer surplus falls substantially, by area C +D. Compared to part (a), producers bear much more of the burden of the tax, andconsumers bear much less.4. a. The deadweight loss from a tax on heating oil is likely to be greater in the fifth year afterit is imposed rather than the first year. In the first year, the demand for heating oil isrelatively inelastic, as people who own oil heaters are not likely to get rid of them rightaway. But over time they may switch to other energy sources and people buying newheaters for their homes will more likely choose gas or electric, so the tax will have agreater impact on quantity. Thus, the deadweight loss of the tax will get larger over time.b. The tax revenue is likely to be higher in the first year after it is imposed than in the fifthyear. In the first year, demand is more inelastic, so the quantity does not decline asmuch and tax revenue is relatively high. As time passes and more people substitute away from oil, the quantity sold declines, as does tax revenue.5. Because the demand for food is inelastic, a tax on food is a good way to raise revenuebecause it leads to a small deadweight loss; thus taxing food is less inefficient than taxing other things. But it is not a good way to raise revenue from an equity point of view, because poorer people spend a higher proportion of their income on food. The tax would affect them more than it would affect wealthier people.6. a. This tax has such a high rate that it is not likely to raise much revenue. Because of thehigh tax rate, the equilibrium quantity in the market is likely to be at or near zero.b. Senator Moynihan's goal was probably to ban the use of hollow-tipped bullets. In thiscase, the tax could be as effective as an outright ban.7. a. Figure 6 illustrates the market for socks and the effects of the tax. Without a tax, theequilibrium quantity would be Q1, the equilibrium price would be P1, total spending byconsumers equals total revenue for producers, which is P1 x Q1, which equals area B + C + D + E + F, and government revenue is zero. The imposition of a tax places a wedgebetween the price buyers pay, P B, and the price sellers receive, P S, where P B = P S + tax.The quantity sold declines to Q2. Now total spending by consumers is P B x Q2, whichequals area A + B + C + D, total revenue for producers is P S x Q2, which is area C + D,and government tax revenue is Q2 x tax, which is area A + B.b. Unless supply is perfectly elastic or demand is perfectly inelastic, the price received byproducers falls because of the tax. Total receipts for producers fall, because producerslose revenue equal to area B + E + F.Figure 6c. The price paid by consumers rises, unless demand is perfectly elastic or supply isperfectly inelastic. Whether total spending by consumers rises or falls depends on theprice elasticity of demand. If demand is elastic, the percentage decline in quantityexceeds the percentage increase in price, so total spending declines. If demand isinelastic, the percentage decline in quantity is less than the percentage increase in price, so total spending rises. Whether total consumer spending falls or rises, consumer surplus declines because of the increase in price and reduction in quantity.8. Figure 7 illustrates the effects of the $2 subsidy on a good. Without the subsidy, theequilibrium price is P1 and the equilibrium quantity is Q1. With the subsidy, buyers pay price P B, producers receive price P S (where P S = P B + $2), and the quantity sold is Q2. Thefollowing table illustrates the effect of the subsidy on consumer surplus, producer surplus, government revenue, and total surplus. Because total surplus declines by area D + H, the subsidy leads to a deadweight loss in that amount.Figure 79. a. Figure 8 shows the effect of a $10 tax on hotel rooms. The tax revenue is represented byareas A + B, which are equal to ($10)(900) = $9,000. The deadweight loss from the tax is represented by areas C + D, which are equal to (0.5)($10)(100) = $500.Figure 8 Figure 9b. Figure 9 shows the effect of a $20 tax on hotel rooms. The tax revenue is represented byareas A + B, which are equal to ($20)(800) = $16,000. The deadweight loss from the tax is represented by areas C + D, which are equal to (0.5)($20)(200) = $2,000.When the tax is doubled, the tax revenue rises by less than double, while the deadweight loss rises by more than double. The higher tax creates a greater distortion to the market.10. a. Setting quantity supplied equal to quantity demanded gives 2P = 300 –P. Adding P toboth sides of the equation gives 3P = 300. Dividing both sides by 3 gives P = 100.Substituting P = 100 back into either equation for quantity demanded or supplied gives Q = 200.b. Now P is the price received by sellers and P +T is the price paid by buyers. Equatingquantity demanded to quantity supplied gives 2P = 300 − (P+T). Adding P to both sides of the equation gives 3P = 300 –T. Dividing both sides by 3 gives P = 100 –T/3. This is the price received by sellers. The buyers pay a price equal to the price received by sellers plus the tax (P +T = 100 + 2T/3). The quantity sold is now Q = 2P = 200 – 2T/3.c. Because tax revenue is equal to T x Q and Q = 200 – 2T/3, tax revenue equals 200T−2T2/3. Figure 10 (on the next page) shows a graph of this relationship. Tax revenue iszero at T = 0 and at T = 300.Figure 10 Figure 11 d. As Figure 11 shows, the area of the triangle (laid on its side) that represents the deadweight loss is 1/2 × base × height, where the base is the change in the price, which is the size of the tax (T ) and the height is the amount of the decline in quantity (2T /3). So the deadweight loss equals 1/2 × T × 2T /3 = T 2/3. This rises exponentially from 0 (when T = 0) to 30,000 when T = 300, as shown in Figure 12.Figure 12e. A tax of $200 per unit is a bad policy, because tax revenue is declining at that tax level.The government could reduce the tax to $150 per unit, get more tax revenue ($15,000 when the tax is $150 versus $13,333 when the tax is $200), and reduce the deadweight loss (7,500 when the tax is $150 compared to 13,333 when the tax is $200).。
营销管理,科特勒,第十二版,第8章英文PPT
8-10
Figure 8.3 Profiling American Generations
GI Generation
1901-1924
Generation X
1965-1977
Silent Generation
1925-1945
Generation Y
1978-1994
Baby Boomers
1946-1964
8-15
Effective Segmentation Criteria
Measurable Substantial Accessible Differentiable Actionable
8-16
8-8
Segmenting Consumer Markets
Geographic Demographic Psychographic Behavioral
8-9
Demographic Segmentation
Age and Life Cycle Life Stage Gender Income Generation Social Class
8-2
Effective Targeting Requires…
Identify and profile distinct groups of buyers who differ in their needs and preferences. Select one or more market segments to enter. Establish and communicate the distinctive benefits of the market offering.
8-6
The Experience Economy
国际市场营销学第八版英文版
国际市场营销学第八版英文版The eighth edition of International Marketing by Philip R. Cateora, Mary C. Gilly, and John L. Graham is a widely recognized textbook in the field of international marketing. This edition provides comprehensive coverage of the principles and practices involved in marketing products and services globally.The book explores various aspects of international marketing, including market entry strategies, global market segmentation, international product and pricing decisions, distribution channels, promotion strategies, and global marketing research. It also delves into the cultural, political, and legal environments that impact international marketing activities.With a focus on real-world examples and case studies, the eighth edition offers insights into the challenges and opportunities faced by companies operating in global markets. It highlights the importance of adapting marketingstrategies to different cultures, languages, and consumer behaviors.The authors provide a thorough analysis of the latest trends and developments in international marketing, such as the impact of digital technologies, e-commerce, and social media on global business. They also discuss ethical considerations and sustainability issues in international marketing practices.Overall, the eighth edition of International Marketing is a comprehensive and up-to-date resource for students, professionals, and anyone interested in understanding the complexities of marketing in a global context.。
International-Marketing-Chapter-8PPT课件
• Once the problem is adequately defined and research objectives established, the researcher must determine the availability of the information needed.
8-4
International Marketing Research
▪ International marketing research involves two additional complications:
1. Information must be communicated across cultural boundaries. (e.g. when you do marketing research in America, you have to translate the questions into English by using appropriate local expressions, which means you have to translate the culture instead of just language)
商务英语课件chapter 8 9
Industrial products a. Industrial markets are smaller than consumer markets. Industrial customers tend to be more concentrated geographically than
Customer products are goods and services that people buy for their own use-to wear, to eat, or to live in.
Comparison
Industrial buyers have more forma system for buying.( purchasing department)
Form utility is the usefulness of a product that results from converting raw materials and other inputs into a finished product. Form utility is created by production.形式效用
ultimate consumers.
Why marketing of consumer products tricky?
The more income a family or an individual has, the smaller is the proportion of income required for absolute necessities. What a buyer has to spend on things other than necessities is called discretionary income. The greater one’s discretionary income is , the greater is one’s ability to shift buying patterns. Thus, businesses find it harder and harder to predict what will be bought when discretionary income are large. This complicates the marketing task.
Unit 8 Internet Marketing 电子商务英语课件
7/3/2020
6
Text Analysis
The Benefits of Internet Marketing The Internet is the widest channel of
communication available to businesses. It can help level the playing field for businesses that seek to compete in large markets. (译文)
7/3/2020
9
Text Analysis
Keys to Successfuanning to adopt Internet marketing to
promote your business, you're probably thinking about developing a Web site or maybe you already have one. This is a good start, but not enough by itself. Web site is an excellent marketing tool, but a point often missed is that Web site itself must be actively marketed. (译文) Otherwise it will simply be buried beneath millions of other Web pages competing for the attention of your target customers.
(2) Internet marketing strategies include (but not limited to) Web site design and content, search engine optimization, reciprocal linking, online advertising and E-mail marketing.
unit 8 Marketing
2Market report
2.1 Haier Group
You are going to hear four short talks about Haier. Listen carefully and mark the correct answers with a tick(√).
2.2 Mobilephone
B Now listen to the conversation again and discuss the following questions in pairs.
4.2Cola wars
A Listen to the interview and choose the right answers to the questions you’ve heard.
4Marketing strategy
4.1 Flexible strategy 4.2 Cola wars 4.3 Viral marketing 4.4 Mobile Marketing
4.1Flexible strategy
A Mark, Bob, and Carol are from the marketing department of Lenovo, China. Listen to their discussion about company strategy and match the measures to the results.
Unit 8
Marketing
In this unit we will talk about
market report market forecast marketing strategy
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Chapter8: Segmentation, Targeting, and Positioningp. 143Today, the Coca-Cola Company is one of the largest consumer packaged goods companies in the world, but when it first introduced Coca-Cola in 1886, sales averaged a modest nine drinks per day.1 Its growth, driven largely by a remarkably disciplined approach to marketing, has led to Coke products being sold in more than 200 countries at an astounding rate of 1 billion servings per day.2 Yet Coca-Cola continually faces the unique challenge of a mature cola market, which means growth rates overall are low, and to increase sales, it must either take customers away from other beverage companies or encourage existing customers todrink more cola—neither of which is an easy task. Part of the company's solution pertains to its approach to new product development.3For example, Coke creates unique products for various specific market segments. Because those unique products appeal to specific groups, Coke can increase its sales without cannibalizing the sales of its other products. Stopped drinking soda in an attempt to limit the amount of caffeine you drink? Coke wants you to know that it feels your pain and therefore offers Caffeine-Free Coca-Cola and Diet Coke. Still like your caffeine during the day but want to minimize the amount you drink right before bedtime? Why not purchase a case of each, saving your regular Coke for when you need a midday pick-me-up and your Caffeine-Free Coke for your after-dinner soda needs? By introducing decaffeinated versions of its traditional sodas, Coca-Cola could increase the number of sodas it sells each day without cannibalizing sales, because the consumers targeted by these products already had been avoiding drinking Coca-Cola to reduce their caffeine intake.p. 144Through its efforts to identify and target such specific market segments, Coca-Cola has grown its stable of consumer brands to more than 400 products.4 Consider the plight of Diet Coke. “Real men” didn't want to drink a diet soda, which they stigmatized as a “girly” drink that only women would consume. But Coca-Cola had a response for them too: the high-profile launch of Coke Zero, which av oided the dreaded word “diet”5 and specifically targeted men through its packaging, promotions, and image. By targeting men between the ages of 18 to 34 years who wanted to drink a low-calorie cola but would not purchase Diet Coke, Coca-Cola increased its sales of Coke-branded products by one-third.6A successful new product introduction needs to combine an innovative product with a marketing campaign that communicates the value of that new product to the targeted segment. Thus, for the Coke Zero launch, Coca-Cola designed a campaign supported by advertisements on television and radio, in print, on outdoor billboards, and online, as well as widespread sampling programs and opportunities.7 Little mention was made of the lack of calories or dietetic element of the new offering; instead, the advertising focused on the similarity of the taste between Coke and Coke Zero and used dark, bold colors. To appeal to those young men who proclaimed, “I'm not drinking any diet junk,” the media strategy also tried to expose as many of them as possible to the new product, spending a significant bulk of the media budget on outdoor advertising.8 The marketing campaign even included a fantasy football game, “Fantasy Football Fever,” available on the Coke Zero Web site (), that was regularly featured in ESPN fantasy sports podcasts.p. 145By using gender to segment the diet cola market, Coca-Cola was able to customize the advertising for Coca-Cola Zero to appeal to men, whereas Diet Coke ads could concentrate on women. In turn, Coke gained closer connections for its different products with each product's targeted market segment, and Coke Zero became one of the most successful launches in the company's long history.9 The company plans to continue to focus all of its flagship brands more tightly in the future by adapting the company's products and marketing mix to the changing market climate. Market segmentation, done properly, pays, enabling this company to have a Coke (or Diet Coke or Coke Zero or …) and a smile!Some people like fruit-based drinks, while others like highly caffeinated energy drinks. Some people want a diet product; others care primarily about how well the product hydrates after aworkout. Still other people demand affordable beverages, whereas some prefer it to be organic. More likely though, a group of people desires a drink that is dark in color, cola flavored, and contains caffeine; whereas another group demands drink that is low calorie, citrus flavored, and light in color. Each of these product attributes potentially appeals to a different group of people.“It is not enough just to make the product.”In Chapter 1, we learned that marketing is about satisfying consumers' wants and needs. A company could make one type of beverage and hope that every consumer would buy it, but that's the kind of mistake that causes a company to go out of business. Or, as we described in Chapter 2, beverage manufacturers could analyze the market to determine the different types of drinks people want and then make several varieties that cater to the wants of specific groups. It is not enough just to make the product, however. Drink manufacturers such as Coca-Cola must position their drinks in the minds of their target market so those consumers understand why a particular drink meets their needs better than competitive products do.In Chapter 2, we described the steps involved in a marketing plan: The manager first defines the firm's mission and objectives and then performs a situation analysis. The third step of the marketing plan is to identify and evaluate opportunities by performing an STP (segmentation, targeting, and positioning) analysis—which makes up the topic of this chapter.In the opening vignette, Coca-Cola identified the various groups of cola drinkers that would respond similarly to the firm's marketing efforts. These are also known as market segments. Those who like caffeine-free regular cola are one market segment; people who prefer diet cola with caffeine are a different segment. After evaluating each market segment's attractiveness, Coca-Cola decided to concentrate its new product on one group of consumers—its target market—because it believed it could satisfy their needs better than its competitors could. As we noted in Chapter 2, the process of dividing the market into groups of customers who have different needs, wants, or characteristics and who therefore might appreciate products or services geared especially for them is called market segmentation. Once the target market was identified, Coca-Cola had to convince the targeted group that, when it comes to soft drinks, their choice should be Coca-Cola Zero. It is achieving this task by defining the marketing mix variables so that the target customers have a clear, distinctive, desirable understanding of what the product or services do or represent, relative to competing products—a process we described in Chapter 2 as market positioning. In particular, Coca-Cola has designed a gender-based advertising campaign that has positioned Coca-Cola Zero as the only diet drink with the taste of a regular Coca-Cola. It has also made sure that the drink is available almost anywhere its customers would want to buy it.Chapter8: Segmentation, Targeting, and PositioningIn this chapter, we discuss how a firm conducts a market segmentation or STP analysis (see Exhibit 8.1). We'll first discuss market segmentation, or how a segmentation strategy fits into a firm's overall strategy and objectives and which segments are worth pursuing. Then wediscuss how to choose a target market or markets by evaluating each segment's attractiveness and, on the basis of this evaluation, choosing which segment or segments to pursue. Finally, we describe how a firm develops its positioning strategy.p. 146Although the STP process in Exhibit 8.1 makes it appear that the decision making is linear, this need not be the case. For instance, although a firm starts with a strategy, it may be modified as information about the segments' attractiveness is determined.LO 1 How does a firm decide what type of segmentation strategy to use—undifferentiated, differentiated, concentrated, or micromarketing?Step 1: Establish Overall Strategy or ObjectivesThe first step in the segmentation process is to articulate the vision or the objectives of the company's marketing strategy clearly. The segmentation strategy must be consistent with and derived from the firm's mission and objectives, as well as its current situation—its strengths, weaknesses, opportunities, and threats (SWOT). Coca-Cola's objective, for instance, is to increase sales in a mature industry. The company recognized its strengths were its brand name and its ability to place new products on retailers' shelves, but its primary weakness was that it didn't currently have a product line for the emerging market segments. Identifying this potentially large and profitable market segment before many of its mainstream competitors offered a great opportunity, though following through on that opportunity could lead to a significant threat: competitive retaliation. Coca-Cola's choice to pursue health-conscious men thus is clearly consistent with its overall strategy and objectives.Establishing a basic segmentation strategy is not always as straightforward as it was for Coca-Cola, however. Exhibit 8.2 illustrates several segmentation strategies. Sometimes it makes sense to not segment at all. In other situations, a firm should concentrate on one segment or go after multiple segments at once. Finally, some firms choose to specialize in their product or service line to meet the needs of very small groups—perhaps even one person at a time. We discuss each of these basic segmentation types next.undifferentiated segmentation strategy, or mass marketing When everyone might beExhibit 8.2.) If the product or service is perceived to provide the same benefits to everyone, there simply is no need to develop separate strategies for different groups. Although not a common strategy in today's complex marketplace, an undifferentiated strategy can be effective for very basic commodities, such as salt or sugar. However, even those firms that offer salt and sugar now are trying to differentiate their products.An undifferentiated strategy also is common among smaller firms that offer products or services that consumers perceive to be indistinguishable, such as a neighborhood bakery. But again, more marketing-savvy entrepreneurs typically try to differentiate themselves in the marketplace. The corner bakery thus becomes “Le Croissant” or “Bagel Delight.” By making their commodity-like products appear special, they add value for the customer and differentiate themselves from their competition.p. 147What about gasoline? Everyone with a car needs it. Yet gasoline companies have vigorously moved from an undifferentiated strategy to a differentiated one by segmenting their market into low-, medium-, and high-octane gasoline users.target several market segments with a different offering for each (see Exhibit 8.2,—Banana Republic, The Gap, and Old Navy—to appeal to fashion-forward, traditional, and more price-sensitive segments, respectively—and Piperlime (), The Gap's online-only shoe store. Beyond these four segments, The Gap has further differentiated the market into GapKids, babyGap, GapMaternity, and GapBody. In a similar fashion, adidas Group appeals to various segments through its various companies, including adidas, Reebok, Reebok-CCM Hockey, Rockport, and the TaylorMade-adidas Golf lines of clothing and footwear.Firms embrace differentiated segmentation because it helps them obtain a bigger share of the market and increase the market for their products overall. The more retail formats The Gap develops to reach different market segments, the more apparel and accessories it can and will sell. Offering several different shoe lines enables adidas to appeal to more potential customers than if it had just one line. Furthermore, providing products or services that appeal to multiple segments helps diversify the business and therefore lowers the company's overall risk. For example, if a line directed toward one segment is performing poorly, the impact on the firm's profitability can be offset by revenue from another line that continues to do well.But a differentiated strategy can be expensive. Consider The Gap's investment in chinos alone. The firm must develop, manufacture, transport, store, and promote chinos separately for each of its store concepts.concentrated segmentation strategy When an organization selects a single, primary(see Exhibit 8.2, right). Entrepreneurial start-up ventures often benefit from using a concentrated strategy, which allows them to employ their limited resources more efficiently.Firms embrace differentiated segmentation because it helps them obtain a bigger share of the market and increase the market for their products overall.For example, if you've never shopped at Abercrombie & Fitch (A&F), the chances are that you're older than 30 years of age. If you have, we bet you're younger than 30, right? Since its inception, A&F has pursued a calculated concentrated segmentation strategy by deliberately targeting the young and good looking with a hip, edgy image. Thus, if older or “unhip” consumers don't find it appealing, that doesn't bother A&F one bit. Its whole brand experience is designed to create an impression of exclusivity for its 18- to 22-year-old customers.10 For instance, rather than display items in brightly lit windows, as most clothing retailers do, it carefully shutters off the outside of its stores so that customers have to enter to see the merchandise. Once inside, they confront not a brightly lit interior that helps customers find what they're looking for but rather a dark, loud environment with an almost overwhelming scent of heavy cologne. The stores are carefully designed to make shopping an emotional experience for core customers, but for the parents of these customers, that experience is just plain too unpleasant. Of course, if you don't like it, that's fine—because you're not part of the target market anyway.11Chapter8: Segmentation, Targeting, and PositioningWhen developing a positioning strategy, firms go through five important steps. Before youdimensions for illustrative purposes: strong versus light taste (vertical) and fun versus healthy (horizontal). Also, though this industry is quite complex, we have simplified thelarger the market.p. 162“ATTEMPTING TO MAINTAIN THE SAME POSITION YEAR AFTER YEAR CAN SPELL DISASTER FOR ANY COMPANY.”To derive a perceptual map such as this, marketers follow five steps.1. Determine consumers' perceptions and evaluations of the product or service inrelation to competitors'. Marketers determine their brand's position by askingconsumers a series of questions about their and competitors' products. For instance, they might ask how the consumer uses the existing product or services, what itemsthe consumer regards as alternative sources to satisfy his or her needs, what theperson likes or dislikes about the brand in relation to competitors, and what mightmake that person choose one brand over another.2. Identify competitors' positions. When the firm understands how its customers viewits brand relative to competitors', it must study how those same competitors position themselves. For instance, POWERade (“Liquid Hydration + Energy Drink”) positions itself closely to Gatorade (“Is It In You?”), whi ch means they appear next to eachother on the perceptual map and appeal to target market 3. They are also oftenfound next to each other on store shelves, are similarly priced, and are viewed bycustomers as sports drinks. Gatorade also knows that its sports drink is perceived to be more like POWERade than like its own Propel Fitness Water (located near target market 4), Coke (target market 1), or Sunkist orange soda (target market 2).3. Determine consumer preferences. The firm knows what the consumer thinks of theproducts or services in the marketplace and their positions relative to one another.Now it must find out what the consumer really wants, that is, determine the “ideal”product or service that appeals to each market. For example, a huge market existsfor traditional Gatorade, and that market is shared by POWERade. Gatorade alsorecognizes a market, depicted as the ideal product for segment 5 on the perceptualmap, of consumers who would prefer a less sweet, less calorie-laden drink that offers the same rejuvenating properties as Gatorade. Currently, no product is adequatelyserving market 5.4. Select the position. Continuing with the Gatorade example, the company has threechoices to appeal to the “less sweet sports drink” target market 5. It could dev elop a new product to meet the needs of market 5. Alternatively, it could adjust or reposition its marketing approach—its product and promotion—to sell original Gatorade tomarket 5 (arrow pointing down from Gatorade to the ideal point for segment 5).Finally, it could ignore what target market 5 really wants and hope that consumerswill be attracted to the original Gatorade because it is closer to their ideal productthan anything else on the market (arrow pointing up from the ideal point for segment5 to Gatorade).5. Monitor the positioning strategy. Markets are not stagnant. Consumers' tastesshift, and competitors react to those shifts. Attempting to maintain the same position year after year can spell disaster for any company. Thus, firms must always view the first three steps of the positioning process as ongoing, with adjustments made in step four as necessary.Gatorade with football player Jason Taylor (left) and POWERade with soccer player David Beckham (right) are positioned to compete for target market 3 in Exhibit 8.9.Chapter8: Segmentation, Targeting, and Positioningp. 163Sometimes firms try to change their positioning. Tiffany & Co. has long been known for luxury jewelry, which it markets to wealthy segments of the population and delivers in its signature blue boxes.50 However, in the 1990s, the company decided to reposition its image by expanding its product assortment to appeal more to the middle class, following the widespread trend of “affordable luxury.”Tiffany introduced a silver charm bracelet, priced at $110, and a “Return to Tiffany” line that became very popular among teenagers and resulted in explosive sales growth for the company. The company hoped it would gain lifetime customers from this strategy—adults who had bought the jewelry when they were teenagers would continue to buy the brand throughout their lives.Instead, the short-term success of the less expensive silver jewelry alienated older, more affluent clientele who now viewed Tiffany as an inexpensive, common brand. In response, the company has again attempted to reposition its image by increasing prices on its silver products by 30 percent. Its continued attempts to reclaim its position as a luxury jeweler include store renovations, with chilled water and champagne available to shoppers, private viewing rooms to create an intimate feel, and featured high-end products like $2.5 million pink diamond rings.Repositioning is difficult, and in the case of Tiffany, a particularly challenging undertaking. Despite its efforts to regain its original image, many consumers in this target segment remain convinced that pretty much anyone can wear Tiffany jewelry.。