Author Archives: cwmrikhi

Walmart Pricing

This article is worth checking out because it shows how Wal-Mart is putting pressure on companies to get the lowest possible prices and the effects on those companies. It goes into detail about how Wal-Mart can sell a gallon of Vlasic pickles for $3 and most groceries cant even sell a quart for that.
http://www.fastcompany.com/magazine/77/walmart.html

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Marketing Blog #6

The testing process in marketing is relatively simple.  The first step in the process is determining what your reasoning is for conducting the test in the first place.  The second step in this process is designing a test that fits based on your marketing variables and what information you plan to get from the people [...]

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Marketing Blog #5

We learned about various business models, which could be a traffic aggregator like Amazon or a content provider like the Wall Street Journal.  We also learned about various types of revenue models, which can be e-commerce and advertising like Amazon or a subscription model like the Wall Street Journal or even a funraiser model like [...]

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Marketing Blog #3

Business models for any business are very important and serve several functions.  A few of them are identifying your target segment, defining cost and profit structure, and to articulate your value proposition.  This is NOT a business plan its just aims to begin to create customer value.  Also there are an endless array of business [...]

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Marketing Blog #2

Building a value chain is something that any business must do if it plans to be successful.  Things that contribute to this value chain in no particular order are speed, quality, and price.  These three things can single handedly increase or decrease the value perceived by the customer.  Virutal value chains are provided by minimizing [...]

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Marketing Blog #1

In our first class of Internet marketing we learned what I would call the basics.  We learned the difference between Information Products and Information RICH Products.  A product such as a yellow pages book or a mailing list is an information product, because it contains loads of information.   On the other hand an information rich [...]

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