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Ebook Principles of marketing (16th edition): Part 2

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Ebook Principles of marketing (16th edition): Part 2

WWW downloadslide comhttps://kfiothuvien.comPARI 3: Designing a Customer Value-Driven strategy and Mix (Chapters 7-17)Pricing StrategiesAdditional Con

Ebook Principles of marketing (16th edition): Part 2nsiderationsPhsnfpr PrpvipiA/ln ll'* p,evious ctiapter. yyu UliapiCI IICVIGW learned thatpric.fi is an impor tant marketing mix tool tor both creating

and capturing customer value You exploiod the three main pricing strategies—customer value based, cost based, and competition based pricing and the m Ebook Principles of marketing (16th edition): Part 2

any internal and external factors that affect a firm's pricing decisions, hl this chapter, we'll look al some additional pricing considerations: new p

Ebook Principles of marketing (16th edition): Part 2

roduct pricing, product mix pricing, price adjustments, and initiating and reacting to price changes. Wo close the chapter with a discussion of public

WWW downloadslide comhttps://kfiothuvien.comPARI 3: Designing a Customer Value-Driven strategy and Mix (Chapters 7-17)Pricing StrategiesAdditional Con

Ebook Principles of marketing (16th edition): Part 2tween Walmart, by fur the world's largest retailer, and Amazon, the planet's largest online merchant, bach combatant brings an arsenal of potent weapo

ns to the battle. For now, the focus is on price. But in the long run, it'll lake much more than low prices to win this war. The spoils will go to the Ebook Principles of marketing (16th edition): Part 2

company dial delivers the best overall online customer experience and value for the price.AMAZON VS. WALMART: A Price War for Online SupremacyỂỂ Ilf

Ebook Principles of marketing (16th edition): Part 2

almart tv Amazon: Let's Rumble" read die ■ A ■ headline. All had Frazier. Coke has Pepsi. The w u Yankees have the white Sox. And now, die two ■ ■ rel

WWW downloadslide comhttps://kfiothuvien.comPARI 3: Designing a Customer Value-Driven strategy and Mix (Chapters 7-17)Pricing StrategiesAdditional Con

Ebook Principles of marketing (16th edition): Part 2 die two combatants' long-held low-cost positions.Each side is formidable in its own right. Walmart dominates offline retailing. Il's price-driven "Sa

ve money. live Beller." positioning has made it far and away the world's biggest retailer, and the world's largest company to boot. In turn, Amazon is Ebook Principles of marketing (16th edition): Part 2

the "Walmart of the Wfb" our online general Slone. Although Walmart's yearly sales total an incredible $469 billion, more than 6.3 times Amazon's $75

Ebook Principles of marketing (16th edition): Part 2

billion annually, Amazon's online sales are 7.5 times greater than Walmart's online sales. By one estimate, Amazon captures a full one-third of all o

WWW downloadslide comhttps://kfiothuvien.comPARI 3: Designing a Customer Value-Driven strategy and Mix (Chapters 7-17)Pricing StrategiesAdditional Con

Ebook Principles of marketing (16th edition): Part 2les. Walmart captures most of its business through its more than 11,000 brick-and-mortar stores—online buying accounts for only a biding 2 percent of

its total sales. But this battle isn't about now, it's about the future. Although still a small marketby Walmart's standards, online sales lire growin Ebook Principles of marketing (16th edition): Part 2

g at titree times the rale of physical -world sales. Within the next decade, online and mobile buying will capture as much as a third of all retail sa

Ebook Principles of marketing (16th edition): Part 2

les. Because Amazon owns online, its revenues have soared an average of almost 30 percent aiutually over the past three years. Meanwhile, Walmart's ea

WWW downloadslide comhttps://kfiothuvien.comPARI 3: Designing a Customer Value-Driven strategy and Mix (Chapters 7-17)Pricing StrategiesAdditional Con

Ebook Principles of marketing (16th edition): Part 2ear, reaching that mark faster than any other company in history.Amazon has shown a relentless ambition to offer more of almost everything online. It

started by selling only books, but now sells everything from books, movies, and music Io consumer electronics, home and garden products, clothing, jew Ebook Principles of marketing (16th edition): Part 2

elry, toys, tools, and even groceries. Thus, Amazon's online prowess now looms as a significant threat to Walmart. If Amazon's expansion continues and

Ebook Principles of marketing (16th edition): Part 2

online sales spurt as predicted, the digital merchant will eat further and further into Walmart's bread-and-butter store sales.Walmart, the world's l

WWW downloadslide comhttps://kfiothuvien.comPARI 3: Designing a Customer Value-Driven strategy and Mix (Chapters 7-17)Pricing StrategiesAdditional Con

Ebook Principles of marketing (16th edition): Part 2now. But in the long run, winning the war will take much more than Just low prices.WWW downloadslide comCHAPTER 11 I Pricing Sira..............But Wal

mart isn’t about to let that happen without a fight. Instead, it's taking the battle to Amazon's home territory—the Internet and mobile buying. It sta Ebook Principles of marketing (16th edition): Part 2

rted with the tactics it knows best—low costs and prices. Through aggressive pricing. Walmart is now fighting fur every dollar consumers spend online.

Ebook Principles of marketing (16th edition): Part 2

If you compare priccsat Walmart.com and Amazon.com, you’ll find a price war raging across a broad range of products.In a price war, Walmart would see

WWW downloadslide comhttps://kfiothuvien.comPARI 3: Designing a Customer Value-Driven strategy and Mix (Chapters 7-17)Pricing StrategiesAdditional Con

Ebook Principles of marketing (16th edition): Part 2er to slash prices and thrash one competitor after another. But Amazon is not like most other competitors. Ils network is optimized for online shoppin

g, and die Internet seller isn't saddled with the costs of running physical stores. As a result Amazon has been able to match or even beat Walmart at Ebook Principles of marketing (16th edition): Part 2

its own pricing game online, rhe two giants now seem pretty much stalemated on low prices, giving neither much of an advantage there. In fad, in Ihe l

Ebook Principles of marketing (16th edition): Part 2

ong run, reckless price culling will likely do more damage than good to both Walmart and Amazon. So, although low prices will be crucial, tliey won't

WWW downloadslide comhttps://kfiothuvien.comPARI 3: Designing a Customer Value-Driven strategy and Mix (Chapters 7-17)Pricing StrategiesAdditional Con

Ebook Principles of marketing (16th edition): Part 2ng experience.For now, Amazon seems to have the upper hand on mosl of the important nonprice buying factors. Ils made for online distribution network

speeds orders 10 buyers' homes quickly and efficiently including same day delivery in some markets. Amazon's online assortment outstrips even Walmart' Ebook Principles of marketing (16th edition): Part 2

s, and the Web wizard is now moving into groceries, an area that currently accounts for 55 percent of Walmart’s sales. As for Amazon's lack of physica

Ebook Principles of marketing (16th edition): Part 2

l stores no problem. Amazon's heavily used mobile app lets customers shop Amazon.com even as they are browsing Walmart's stores. Finally. Amazon’s unm

WWW downloadslide comhttps://kfiothuvien.comPARI 3: Designing a Customer Value-Driven strategy and Mix (Chapters 7-17)Pricing StrategiesAdditional Con

Ebook Principles of marketing (16th edition): Part 2 in customer satisfaction across all industries.By contrast. Walmart came late to online selling. It's still trying to figure out how to efficiently d

eliver goods into the hands of online shoppers. As its online sales have grown, the store-based giant has patched together a makeshift online distribu Ebook Principles of marketing (16th edition): Part 2

tion network out of unused corners of its store distribution centers. And the still-mostly-store retailer has yet to come close to matching Amazon's o

Ebook Principles of marketing (16th edition): Part 2

nline customer buying experience. So even with its impressive low-price legacy, Walmart finds itself playing catch-up online. "We're starting to gain

WWW downloadslide comhttps://kfiothuvien.comPARI 3: Designing a Customer Value-Driven strategy and Mix (Chapters 7-17)Pricing StrategiesAdditional Con

Ebook Principles of marketing (16th edition): Part 2oroSea’Walmart versus Amazon online: Achieving online supremacy vain take more than just waging and winning an online price war. The spoils will go to

the company that delivers the best overall online customer experience and value for the price.Ocv) ISuuctwH «a Gsllr Hiajw, 4x*tom) © dwtsJHe 1'Aiamv Ebook Principles of marketing (16th edition): Part 2

To catch up, Walmart is investing heavily to create a nextgeneration fulfillment network. Importantly, it's taking advantage of a major asset that Ama

Ebook Principles of marketing (16th edition): Part 2

zon can't match an opportunity to integrate online buying with its massive network of brick and-morlar stores. For example, Walmart is experimenting w

WWW downloadslide comhttps://kfiothuvien.comPARI 3: Designing a Customer Value-Driven strategy and Mix (Chapters 7-17)Pricing StrategiesAdditional Con

Ebook Principles of marketing (16th edition): Part 2\vo-ihirds of the U.S. population lives within five miles of a Walmart store, offering the potential for 30-minute delivery.And by combining its onlin

e and offline operations, Walmart can provide some unique services, such as free and convenient pickup and returns of online orders in stores (Walmart Ebook Principles of marketing (16th edition): Part 2

's site gives you three buying options: "online," "in-store," and "site-to-store"). Using Walmart's Web site and mobile app can also smooth in-store s

Ebook Principles of marketing (16th edition): Part 2

hopping. They let customers prepare shopping lists in advance, locate products by aisle to reduce wasted shopping time, and use their smartphones at c

WWW downloadslide comhttps://kfiothuvien.comPARI 3: Designing a Customer Value-Driven strategy and Mix (Chapters 7-17)Pricing StrategiesAdditional Con

Ebook Principles of marketing (16th edition): Part 2r strategies for pricing new products.

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