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Wednesday, February 29, 2012
Mass Marketing vs. Niche Marketing
Tuesday, February 28, 2012
Know your competitors
2. You could look out for competitors by analysing the trends going on in your area.When a cost of a particular good is low, then it's possible people might want to get into business using that good. As well, if something becomes trendy, then people will want to provide those services.
3. Trade fairs are businesses who trade goods and services between each other, with no cash exchanged
4 1. Features
2. Providers
3. Battery Life
4. App Stores
5. Demographics
5. 1. Type of customers
2. Price
3. Advertising
- Read this article and answer the questions below in a blog post titled ‘Know your competitors’.
Monday, February 27, 2012
Spread the Net
Spread the net is a net profit organization that sells nets for $10 to children in Africa to protect against malaria, thus if you donate $10, you save a child. Spread the Net is most notable for partnering with the Rick Mercer Report to get schools involved. Basically, if your school raises the most money for Spread the Net in Canada, Rick Mercer will shoot his show at your school. They also have a very strong Twitter and Facebook presence, thus underlining their aim to get youth involved. They haven't done much more advertising and they don't seem to have many events
Different Types of Competition
Sunday, February 26, 2012
Thursday, February 23, 2012
Millenials
Wednesday, February 15, 2012
Monday, February 13, 2012
Consumer Profile
Your Consumer Profile:
Segmentation Factor | Specifically: | How you would be described? |
Demographics | Age | 16 |
Gender | Male | |
Income | <$3000 | |
Family Life Cycle | Living with birth parents | |
Other? | | |
Psychographics | Lifestyle | Fan of comedy, social media, science fiction, big internet user. Work at KFC and write about school sports |
Taste in Music | Mostly listen to podcasts | |
Attitude towards health | Try to eat as healthily as possible | |
Celeb you most admire | Neil Degrasse Tyson | |
Sports/fitness involvement | Play football and shot put | |
Extracurricular activities | Interact Club, Boy Scouts | |
Other? | | |
Geographics | Urban, Suburban, Rural | Urban in regards to Napanee |
Behavioural iPod Touch (you may want to think of a particular product that you use often or is new to you) | Benefits sought | Productivity and entertainment |
Loyalty | Second iPod that I’ve bought | |
Usage | Use whenever I have extra time, or when working | |
Occasions | Productive time | |
User Status | Regular | |
Other? | |
Friday, February 10, 2012
Product in High Demand
The television has come a long way lately. The high definition TV has been in high demand ever since they came out, and manufacturers just haven't stopped innovating. They've been developing over the years, but Smart TVs are becoming more and more popular as the internet gets more ubiquitous. Services like Netflix and Hulu has made it more and more easier to access content from the internet, which has been the premier way to get content as more and more people abandon their cable or satellite subscriptions. Whenever you see a commercial for a Smart Tv, they always look slick and interesting, and I figure that's why may be more popular.
Thursday, February 9, 2012
Coke vs. Pepsi, Who's got the better marketing?
First of all, there's the promotions, we have to look at how they handled their Super Bowl ads. Pepsi aimed for spectacle, which had a commercial with Elton John, Flava Flav and X Factor winner Melanie Amaro, when I watched the ad, I was let wondering who this person going against Elton John was, and I'm assuming many other people were, as it had usual ratings of 12.4 million people. Now that's a good rating, but it's not quite American Idol level, and I don't believe it reached the cultural landscape like American Idol has. As well, the commercial was just kind of hokey, and they tried too hard. Coca Cola on the other hand, played it safe, and went with their iconic polar bears. They weren't my favourite ads, but I did enjoy it, and it was effective. Then there's what they're doing with social media, Pepsi isn't doing anything special, but Coca Cola has a Twitter account for their inventor, John Pemberton, who died in 1888. These types of things are why Twitter exists, and I enjoy the tweets. As well, the rewards program is very extensive. Next, there's the price. Coca Cola's products are lower than Pepsi's by 25 to 50 cents, at least online. Lastly, Coca Cola's products are available in 191 countries while Pepsi is only in 80. The fact that Coca Cola is that extensive shows that Coca Cola is such a recognizable brand