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Thursday 25 April 2019
Advanced Marketing Essay Example | Topics and Well Written Essays - 250 words - 5
Advanced marketing - Essay ExampleMcDonalds is an exemplary example of expertly exploiting the changing demands of the public and now includes healthy intellectual nourishment with salads, fruits and energy drinks in its menu.This helps the organizations to effectively meet the needs of the individual segments of the masses and thereby develop much than lasting relationship with its customers. Tesco extensively use the database to customize their service and win trust of their customers.The database of customer as well promotes in identifying the products that have niche market position and thereby helps to promote brand creation to oppose its position. Levis, LOreal, Gucci etc. are major brands whose major strength is value positioning.It helps to gauge the flow of customers at different times of the day and helps in sales forecast. They can ensure inventory of products that are more in demand. Samsung extensively uses the customer database to manufacture its products as per t he sales demand so that they can tot up up with new value added products without incurring loss on huge unsold
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