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Comparing and contrasting online with traditional shopping
Importance of quality of products
Effect of brand image on consumer behavior
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The product is an important decision for a company in the domestic or global market. High quality products can bring benefits to a company. Materials that been used must be of high quality to stimulate demand. This situation encourages the purchase of goods by consumers.
Product covers all aspects of an activity or things that can increase product sales. The resulting product must meet the requirements of users. Effective marketing can help maximize profits. Marketing is the process of planning and execution of all activities in the distribution of products from producers to consumers. Aeon is one of the largest companies in Japan, which sells more than 6000 products from TOPVALU, one of the largest private label in Japan. The category of aeon’s
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The labeling of food allergic will make it is easier for customers to make a choice when purchasing the goods.
Aeon will also produce halal food product in Indonesia. This is because halal food currently has many demand and the products will increase the sales and profit as well. Indonesia is known as the country with the highest Islamic religious. Base on year 2002 statistics, it shows 88% are Islam believer in Indonesia.
2) Price
The price of a product brought some interpretation by the user. Low price is considered as poor quality. High price is difficult for the market because customers prefer to choose products at the low price. The price can determine the gain or loss of a business. Marketers must be clever in the pricing of a product.
Aeon offered greater convenience and low prices through low-cost operations. Aeon discount store business rises to the challenge of improving the quality, price and lineup of everyday essentials and achieving low-cost operators to provide customers with genuinely low prices and high level convenience. All TOPVALU products are guaranteed to customers will receive the best
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It is important to ensure that the products are always well received in the market. Effective promotion can ensure customers to try and keep the interest of users of products produced or regular users on being satisfied with the quality of the product. The success of promotion can be judge from the quantity of sales.
The promotion that Aeon do are Aeon sales promotion like save more on Thursday, Aeon back to school shopping buying guide, home lifestyle great saving, enjoy 10% discount, jom shop at Aeon and get cash voucher. This is exclusive for Aeon members. Made the advertising though media social, web site, catalog, word of mouth and other. In global market, they change their language and packaging products to encourage customer to buy the product. Aeon also use television commercial and social media marketing like Facebook, YouTube, Instagram, e-mail, website and other medium.
The promotion that Aeon used is provides samples to customers for taste. Apart from that, other way for Aeon’s introduce the products is by giving free to the customer. Whenever customers purchase Aeon product, they will get free. This is to give consumers the opportunity to taste new products. This situation can create word of mouth from customers to other customers. so as to increase its purchases or
With an evolving market in the various fields marketing, companies needed to readjust their and update their marketing strategies. Centuries ago, a company that needed to market for its products would just post a paper note at the main town street and if people liked the product it would be sold. In the 21st century, marketing became an essential field and necessary branch in any company that plans to succeed. Aetna recognized this necessity and while analyzing the company’s strategies and structure, one can recognize the un-doubtful organization in identifying their target market. Through the creation of different subsidiaries, Aetna, Inc. is able to organize its target market and classify their various services based on the target market’s specific demographics.
Rather than spending money on the marketing services, the listing of deals from major companies has given indirect advertising advantage to the company. Deals from companies like Gap, American Apparel, Virgin America, Nordstorm Rack and Barnes & Noble have been major hits for the company by attracting a major consumer group and increasing awareness. In the initial stages, Groupon awareness was mainly through word of mouth, other old school methods of referral bonus, and reward for signing up. However, the company did concentrate on the minor details necessary to attract the customers; like the editorial staff that listed every deal with a catchy description and also gave the necessary details. The interface created was simple and was attractive to all generations who could toggle around the site with minimum
The one of main factors is that costumers are swayed by product itself. Where are we buying it? What is the trademark of the product? How much is it? What is the product’s appearance? How about product’s use? And, does the product have a good quality? All of these questions will appear in our mind when we are making decisions. Thus, every consumer will accord to analysis by synthesis product itself, and focus on the product that he or she most favorite. The ways of vendition and the environment of vendition impact the buying behaviors of the customers. The seller makes an attempt to choose the right way and sell the products in the right environment. Consumers will select a safe channel, and according to legal order trade with the marketer. So, having a good channel and place is very important. Usually, a well-known trademark can attract customers to buy the product, because of its influence, history, or another factors. In
Advertisers need to do a better job with that. The price or quality relation is considered the reception of which most consumers believe a high price relation is assumed a sign of good quality. The belief of this relation is mainly important with different products that are complex to test, and testing products that should not be experimented on until used (“Pricing”). The more numerous the uncertainty the buyers have on a product, the more people depend on the price or quality relation, and the more they are willing to pay. A very well-known example of this is the pricing of Twinkies (“Pricing”).
This is the possible way to attract more new customers buying with Groupon and develop Groupon in their mind. If they are happy with their previous purchase from Groupon, the possibility to continue purchase from Groupon has been increased.
2. To provide good quality products. 3. To be competitive in the market. 4.
The company has a designated website for consumers to get access to all information and the background of the product so that they will be aware of what the product serves. It is also a rich means of getting more purchases since the channel of distribution is from the internet. These ways of advertisement undergoes all the ideas of the AIDA formula. It catches the attention of the consumer, it will interest them greatly, it will make their desire come true and lastly they would love the product and
Promotion is to introduce a product to the market , and enhance the public awareness of the product. Promotion through advertising , public relations and the Internet to promote products to increase consumer spending.
The product is either a tangible good or an intangible service that is able to meet a specific customer need or demand. All products follow product life cycle and it is important for marketers to understand and plan for different stages and their unique challenges. It is essential to understand all of the problems that the product is attempting to solve. The benefits offered by the product and all of its features need to be understood and the unique selling proposition of the product need to be studied. Moreover, the potential buyers of the product need to be identified and understood.
At this stage the marketers need to make the consumer aware of the new product. The marketers need to isolate the target market to which they want to sell the product to. In the case of Amarula there target market is not only locale people in South Africa but they also have a huge international market. This target market includes places like Canada, Brazil, Germany and many others. The marketers need to create a unique concept to grab the attention of the consumer. In Amarula’s case they do this by creating an atmosphere using icons like elephants, the marula tree and African sunsets. The atmosphere then allows them to show off their product by means of a story. This is the process where Amarula give more information about the product. Giving the consumer more knowledge and this gets them to think about the product. They can convey this message via different media’s such as advertisements on TV and printed advertisements in magazines and newspapers. They are also able to show off the new product at liquor conventions, food shows and other shows that allow the target market they want to reach to taste and see the product. This all ne...
By quality/value – positioning of the product based on high quality. Also can be claimed that the product have high value.
· Use of social media for promotion- word of mouth and social media help to get the message across and promote the product efficiently
According to Shimp (2007), there are five important factors which determine the purpose of advertisement in terms of marketers’ communication with consumers. He listed these five factors as follows: “(1) informing, (2) influencing, (3) reminding and increasing salience, (4) adding value, and (5) assisting other company efforts.” (p.246). To clarify that, the first most important aspect is informing people which means company needs to enhance the awareness of the consumer about their products by mentioning its advantages and features. Advertising also affect the products in two ways. Firstly, by basic demand, which build consumer desires for old products of the company and secondly, refers to a new brand of the company. In addition, effective advertising can retain consumer’s mind fresh about the image of a brand which develops the trace of the memory where consumers have to choose between two or more products. Moreover, it may change the product quality, create new, well-designed and elegant product and change consumers view towards the product. Lastly, by effective advertising program, company may save money and time as s...
Without a proper pricing strategy, no business can expect to survive in the competitive market of today. And what leads to that strategy? Well! That's no other than the accurate identification of pricing objectives. Identifying the purposes of setting up the pricing is the first step towards a robust pricing strategy
Price is what a buyer must give up to obtain a product. It is often the most flexible of the four marketing mix element that the price is the quickest element to change. A marketer can raise or lower prices more frequently and easily than they can change other marketing mix