CONNECT ACCESS CARD FOR MARKETING
CONNECT ACCESS CARD FOR MARKETING
6th Edition
ISBN: 9781259898846
Author: Grewal
Publisher: MCGRAW-HILL HIGHER EDUCATION
bartleby

Concept explainers

Question
Book Icon
Chapter 19, Problem 5CCS
Summary Introduction

Case summary:

Company M is Country U’s multinational financial services corporation. It provides consumer prepaid cards, credit & debit cards that make it easier and faster to shop everywhere and everything with more safety and security.

The primary function performed by Company M is to process the transactions between the each merchant’s bank and each customer’s bank. The advertisement campaign of Company M is based on emotions of ‘priceless” campaign. This campaign was most successful even in competition with Company V.

Company M expanding its market operations to meet the market demand and to focus on technology innovation to help the customers with more secure and convenient services. Company added more sophisticated information and consulting services for the merchants to gain the insights into amount of consumer spending and to know the in-depth analysis.

Later on Company revisited the Priceless campaign and it is extended with ‘Priceless cities’ to provide busy consumers with remarkable opportunities in the areas of music, sports, arts, entertainment and dining out.   

Company M should evaluate their advertising campaigns and update them make sure it effectively communicate with the customers. It continues to find best ideas and innovations to keep interesting their targets.

Characters in the case:

  • Company M
  • Company V.

To discuss: Type of sales promotion tactics could Company M employs.

Blurred answer
Students have asked these similar questions
What is the primary difference between zero rated sales and VAT-exempt sales?
American giant is an e-commerce phenomenon: Its sweatshirts, t-shirts, and polo shirts, almost entirely sourced and produced in North and South Carolina and sold only via the web, are comfortable, flattering, durable, and popular with a fanatical fan base. CEO Bayard Winthrop says its business has tripled each year since its launch in 2012. The company’s products routinely sell out and can be back ordered for weeks. And Slate spoke for many fans when it called American Giant’s primary product “the greatest hoodie ever made.” Q. Identify two market segments you think American Giant should target with their hoodie product; for each segment, describe their profile using market segmentation variables. Write a positioning statement for American Giant that is targeted to one of the segment you just identified. Other than competition, what factors might cause American Giant to reposition to its product?
Suppose you want to increase revenues for your fast-food restaurant even further. Referring to Figure 9–10, what advertising actions might you take to increase revenues from (a) dormitory students, (b) dinners, and (c) after-dinner snacks consumed by night commuter students?
Knowledge Booster
Background pattern image
Marketing
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Principles Of Marketing
Marketing
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Pearson Higher Education,
Text book image
Marketing
Marketing
ISBN:9781259924040
Author:Roger A. Kerin, Steven W. Hartley
Publisher:McGraw-Hill Education
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Marketing: An Introduction (13th Edition)
Marketing
ISBN:9780134149530
Author:Gary Armstrong, Philip Kotler
Publisher:PEARSON
Text book image
MKTG 12:STUDENT ED.-TEXT
Marketing
ISBN:9781337407595
Author:Lamb
Publisher:Cengage
Text book image
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning