Principles Of Marketing Plus 2019 Mylab Marketing With Pearson Etext -- Access Card Package (17th Edition)
17th Edition
ISBN: 9780135983294
Author: Philip Kotler, Gary Armstrong
Publisher: PEARSON
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Chapter 2, Problem 2.2DQ
Summary Introduction
To discuss: The four product or market growth strategies with expansion grid with example.
Marketing strategy is the complete tactics prepared especially for accomplishing the marketing targets of the organization. It gives an outline to achieving these marketing goals.
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Questions:1. What is a brand? Why are products branded?
“Not every brand is created equal. Among our close to 300 products, flagship product San MiguelBeer stands a head above the rest- its appeal to beer lovers having endured over 110 years. AlthoughSMB is probably the best example of a brand that transcends generations despite shifting consumertastes, it has never been our intent to be a one-brand company.“Expanding our product portfolio – either through new product development or acquisitions – is acornerstone of San Miguel’s growth strategy. In 2001, we intend to dram up new products and getthem on the shelf faster. We’re inspired by the success of Ponkana, a powdered juice brand ofSugarland Beverage Corporation, which found its way to the market a mere three months after it wasconceptualized.“We will continue to develop new products that anticipate and fulfill our consumes’ diverse needs.”
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Principles Of Marketing Plus 2019 Mylab Marketing With Pearson Etext -- Access Card Package (17th Edition)
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