Practika Essay

Question: Outline the marketing process and explain the importance of each element of the marketing plan.

Sartorial limitation: the main disadvantage of E-Business is lack of growth in some sectors for example foods. Customer prefers to look the food products physically before buying. As the customer is concerning about the product quality and delivery of items could be different from what the customer might be expecting.

Our Internet Banking Solutions make it easier to control your payables and receivables. For instance, you can arrange to receive alerts when payments are due or pending your approval.

I decided to use the FTI consulting Inc firm to help you understand how this FTI consulting Inc helps other businesses and small owners to create a successful online retail marketing business. The FTI will illustrate through this research how to successfully market your product online. Keep in mind, that FTI is one of many firms that can help you to make your online store a success story and that there are many ways to go about marketing your company online. I choose this FTI consulting firm, because they know how to navigate a company’s product into the online marketing world. They will help us to understand how to not only get your successful product online but how to expand your company to other medias online. What I like about this FTI firm is that they will illustrate the advantages and disadvantages as well showing you what you need to do to become one of the successful company’s online. The greatest part of online retail store is that anyone can become an online retail owner if they follow the necessary steps outline in this report and to use the FTI consulting firms’ strategies to become successful in operating an online retail store. In addition, the BigCommerce firm owned by Mitchell Harper, and Eddie Manchaalani will help anyone who is serious about starting an online company regardless of your experience and knowledge of business background.

So, you have finally decided that you would be undertaking a business endeavor. And among the best and first things that you considered is making it big in the online business niche. You clearly have the vision, you know the risks, you have already planned it in your head how you would go through it. All you need to do is to execute the plan and find out if you would be able to survive the business against other competitors.

The first step was to develop a mission state for our business. This was critical because we needed to define exactly what business we were to be in. Next, we would find sources of information concerning the local economy and market. It was determined that we could use the internet and local business leaders to assist us in gaining the necessary information.

Examine the components of a marketing plan. Determine the component you believe to be the most important and the

The focus of this topic is the main elements involved in the development and implementation of successful marketing strategies.

When marketing a product or service the organisation needs to make sure it will satisfy the customer needs or wants. An organisation will not survive let alone succeed or make a profit if it does not meet the customer’s physical, intellectual, educational or social needs/wants. An organisation will use market research to identify what the customer and consumer wants. This definition means there is a management responsible for doing market research to identify the customer’s requirements

Every business must have quality product or service offerings to its consumers. This is why marketing of product and services are one of the most important issue for both profit and not for profit businesss. Organization and is management team must find and analyze all marketing issues and develop appropriate marketing plan to reach its goals and objectives.

Practitioner’s Guide to Total Rewards and Compensation By: Alix Echeverri April 2013   Table of Contents Executive Summary 5 1. Job Analysis 6 1.1 Definition of the key ingredient/activity 6 1.2 Rationale of its importance 6 1.3 Potential impact on organizational outcomes 7 1.4 Organizational symptoms that suggest that the function is not being performed correctly 7 1.5 Key descriptive models 8 Figure 1.1 – Decisions in Designing Job Analysis 9 1.6 Key steps in executing the prescribed models, processes or techniques 9 Figure 1.2 – Start of a Job Analysis 11 1.7 Issues that could prevent this function from being successfully executed 11 1.8 Critical success factors/activities that must be completed in order to

o Explain the rationale for the components of the product strategy, such as branding, features/attributes of the product/service, positioning, and service features. (How will these items add value, fit the target market, and support effective marketing).

What is e-business? Electronic business or also known as e-business is any business that uses advanced technologies in their business processes, filing, and electronic commerce. Apart from that, these technologies also help the workforce in the organisation to communicate easily. Last but not least, e-business able to communicate with their shareholders, suppliers, stakeholders and customers without difficulty.

In this report, I will be discussing my chosen topic which is e-commerce. I will look at the different research methodologies & advantages and disadvantages of the use of e-commerce.

The first step of strategic marketing process understands the customer. Customer is the god of any business. So we must understand the customer about their need by getting feedback from them and by the market research about their demand.