Thursday, April 4, 2019

Thursday, April 4, 2019 Did you find my charger?

Quotables


Market Development

Search for new logo of Staples


                                                        
                                                            
AP COMPUTER SCIENCE PRINCIPLES

The next set due will be U5L15-18 by Monday, April 8

U5 Assessment 2 - Let's say on Friday


AP Explore PT - go to code.
We continue today

 studio.code.org/s/csp-mid-survey
(f you haven't completed, please do)


From AdAge:
Troves of Facebook user data have turned up on publicly accessible Amazon cloud servers, yet another reminder of how Facebook no longer has control of all the data it has shared with third-party developers. Researchers at UpGuard, a cybersecurity firm, discovered the records. Bloomberg News reports that “in one instance, Mexico City-based media company Cultura Colectiva openly stored 540 million records on Facebook users, including identification numbers, comments, reactions and account names.”




                                                                                                                                                    
H STRATEGIC MARKETING

Test corrections outline
Test [with ID A/B/C]
Orig Question
Orig Answer

New Ans
Page # where found in the book

Vocab 9/10 on Thursday



From AdAge
Bling
Synthetic diamonds have become big business, and the Federal Trade Commission is worried that companies aren’t making it clear enough to consumers that their diamonds come from a lab. The FTC says it warned eight jewelers that their online ads “make it seem as though laboratory-made diamonds are actually mined gems,” the Ad Age Marketer’s Brief reports. The FTC declined to name the brands involved. But it offered some examples of ads it took issue with, including one that promoted “above-ground real diamonds.” Huh?


Products.
     Products can be classified two main ways:
          Consumer products, which can be broken into four sub-categories:
               Convenience.
               Shopping.
               Specialty.
               Unsought. 
           Industrial/business products.
     Product decisions vary by company.
          Companies face different product decisions depending on the number of products involved.
          Product decisions are different depending upon whether the decision to be made is in regards to:
               Individual products and/or services.
               Product lines.
               Product mixes or assortments.
     Companies often make adjustments to product items, lines, and mixes.
                 Modification
                 Repositioning
                 Extensions
                 Contraction

Branding.
     Companies strive to develop a high level of brand equity and brand valuation for its products.  
     There are several strategies companies use to develop a strong product brand:
          Generic vs branded.
          Manufacturer’s (national) vs private.
          Individual vs family.
         Co-branding.
     Trademarks and service marks prohibit other companies from stealing the brand of a company or its products. 
     One task of branding is packaging. 
            Functions
            Labeling
            Universal Product Codes (UPCs)

Services are intangible products a company offers to consumers.
     Services differ from goods four ways:
            Intangibility.
            Inseparability.
            Heterogeneity.
            Perishability.
Service quality is more difficult to define and measure than tangible goods.  Customers rate service quality on:
          Reliability.
          Responsiveness.
          Assurance.
          Empathy.
          Tangibles.
The marketing mix components are the same for services, but they differ in implementation strategy.
          Product/Service strategy
          Place/distribution strategy
          Promotion strategy
          Price strategy
It is even more important for services marketers to develop relationships with customers.  There are three levels of relationships in services marketing:
          Financial.
          Social financial.
          Structural social financial.


Nonprofit organization marketing differs from product or services marketing in their marketing objectives, marketing mix implementation, and target market.

Let's define the marketing research project



Food based/lunch room

Survey (google drive or other survey sites)

Questions

Length

number

piggybacking

Follow up with marketing to change behavior of specific demographic



Week 1 - survey established, implemented/given, results tallied and direction established

Week 2 - marketing to promotion behavior change

week 3 - Dissection of data, evaluation of marketing efforts, retool and summations - written paper. 


                                                                                                                                                    
H SPORTS AND ENTERTAINMENT MARKETING I

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