Wednesday, May 2, 2018 John Wayne said it best....

Quotable

Retro - PLC all anew

PSM - Packaging

Customer Buy-In, Think IMC

SEMII - NBA 2k Courts...notice something? - Think Trademark

SEMII 

SEMII - Right of Publicity - apparently not

MIM  - http://censusviewer.com/state/NC

Google Trends - Greatest thing ever

                                                        

Word of the Day

Question of the day
SAT QOTD (Begin in 2012)

Kaplan's Version QOTD

Kaplan's SAT Question of the day

                                                            

MARKETING

Quiz, 3.05/3.06 on Thursday

Obj 3,2,1 test coming soon (next week)  ...60 questions.

Continue Pricing Project

Coffee Shop
http://www.coolmath-games.com/0-coffee-shop
Three ways.

   1/  Max Price

   2/ Min price

   3/ Variable price

3.06 LAP Make Cents! - Friday, March 4
3.06 Questions - Make Cents
http://www.quia.com/quiz/6582278.html

Pricing and the Marketing Mix

https://www.marsdd.com/mars-library/your-tech-product-pricing-and-product-positioning-in-the-marketing-mix/

Software to Help You Set Prices

http://www.inc.com/managing/articles/200702/setprices.html

Product Life Cycle & Price Strategies

http://smallbusiness.chron.com/product-life-cycle-analysis-price-strategies-3281.html

Product Life Cycle Stages: Pricing Levels & Strategies

http://www.brighthub.com/office/entrepreneurs/articles/86538.aspx

Distribution Pricing Strategy

http://smallbusiness.chron.com/distribution-pricing-strategy-5120.html

3.07 Vocab - Next Tuesday

Scatter - 3.07

https://quizlet.com/116893172/scatter

Alpha - 3.07

https://quizlet.com/116893172/307-marketing-6621-flash-cards/alphabetical

Matching - 3.07

https://quizlet.com/116893172/test?matching=on&prompt-with=1&limit=15

FUN!

https://www.quia.com/rr/1000833.html?AP_rand=90647969

3.06 Pricing Laws Key -

3.06 Pricing PPT -

3.06 Guided Notes

3.06 Technology in Pricing WS [5-89]

3.06 Technology in Pricing WS Key  [5-89]

Price of Happiness

http://www.ted.com/talks/benjamin_wallace_on_the_price_of_happiness#t-89244

Skip 1:03-1:40

Pricing is a Process

http://www.priceintelligently.com/blog/bid/153543/Pricing-is-a-Process-and-How-We-Validated-Our-Technology-By-Pricing-Gold

Pricing Violations - Whole Foods

http://money.cnn.com/2015/06/25/news/companies/whole-foods-overcharging/

Men v Women

https://www.washingtonpost.com/news/wonk/wp/2015/12/22/women-really-do-pay-more-for-razors-and-almost-everything-else/

Loss Leader

http://www.stevebizblog.com/pricing-strategies-loss-leader/

Bait and Switch

http://www.wisegeek.org/what-is-a-bait-and-switch.htm

What is Price Discrimination?

http://www.wisegeek.org/what-is-price-discrimination.htm

Pricing Decisions

http://www.knowthis.com/pricing-decisions

(Long but good - 5 slides)

Anti Dumping Laws

http://www.heritage.org/research/reports/1992/07/bg906nbsp-a-guide-to-antidumping-laws

Predatory Pricing

http://www.maxi-pedia.com/predatory+pricing

Price Fixing / Collusion

https://www.justice.gov/atr/price-fixing-bid-rigging-and-market-allocation-schemes

Price Fixing - North Carolina - Milk

https://news.google.com/newspapers?nid=266&dat=19910827&id=j9wrAAAAIBAJ&sjid=jWQFAAAAIBAJ&pg=1137,5725132&hl=en

Look up Price Fixing North Carolina

What types of Collusion did you find?

Given a list of 10 grocery items that can be found in grocery stores, convenience stores, warehouse clubs, etc., determine the price of each product at the locations specified by your teacher. Discuss reasons for the differences in prices at the various locations.

    Walmart.com

    Lowes Foods

    Harris Teeter

https://drive.google.com/open?id=14gb5-rb0ASk3aQZKOYsdL_5haoU0wFDjSRibFK3XK1g

Must “File” “Make a Copy” into your google drive….make sure you signed in!

Imagine that you are starting a business. Identify factors that would affect your business’s pricing decisions. Record these factors, and discuss them with a classmate.

Issues affecting price

http://www.businessplans.org/Pricing.html

Setting your Price - read the bolded words and understand a bit from them

http://www.extension.iastate.edu/agdm/wholefarm/html/c5-17.html

Amazing!!!

http://www.witiger.com/marketing/pricingobjectives.htm

Story of Bottled Water - 8 minutes
http://storyofstuff.org/movies/story-of-bottled-water/

Story of Electronics - 8 min
http://storyofstuff.org/movies/story-of-electronics/

                                                                                                                                                    

SPORTS AND ENTERTAINMENT MARKETING

3.02 ppt

Big Project - Part 1 only - Due May 11, 2018
Event Promotion/Coordination/PPT Pjt
https://drive.google.com/open?id=1-2Skf11sEXSmsmu1J2MKMYbphonWQ-TYG2xbe0lHULI

IP Distributiion - slideshow

http://www.slideshare.net/nadinesullivan/channels-of-distribution-pp-txx

Channel of Distribution Activities

http://smallbusiness.chron.com/channel-distribution-activities-61698.html

Converting Logistics to customer value

http://www.greatideasforteachingmarketing.com/converting-logistics-to-customer-value/

Maersk - Emma

http://myjunkmail.blogspot.com/2009/08/really-big-ship-emma-maersk.html?_sm_au_=iVV6K4TPj46kkPPM

•You recently took a position with Cowboys, Inc.

•We are planning a meeting to take place next Monday here at Southwest Guilford High School at 8:00 a.m.  This is an important meeting that will determine the future of this company.

•You are given the task of setting up transportation and lodging to and from the meeting for each of the meeting attendees.

•The meetings will start next Monday at 8:00 a.m. and last four days.  The meetings will end on the fourth day at 5:00 p.m.

•You have been given a budget of $4500.00 total for transportation to and from the meeting and lodging for all of our meeting attendees.

•Our Attendees:

–John Weston, Pittsburgh, PA

–Juan Garcia, San Antonio, TX

–Kristine Cook, Des Moines, IA

–Victor Hernandez, Little Rock, AR

–Jennifer Richardson, Los Angeles, CA

Really Cool Logistics Events Promotion Job!

http://www.jobsinlogistics.com/cgi-local/search.cgi?action=ViewJobDetails&TypeOfUser=browse&JobIndNum=6590133

Ten Reasons You Should Consider a Career in Logistics

http://www.supplychaindigital.com/top10/2512/Ten-Reasons-You-Should-Consider-a-Career-in-Logistics

Salary Range - Logistics Jobs

http://www1.salary.com/Middle-Income-Logistics-Salaries.html

GTCC - Global Logistics

http://degreeprograms.gtcc.edu/global-logistics-technology/#toggle-id-1

GTCC - Global Logistics (Publication)

http://www.gtcc.edu/publication/logistics.pdf

Shipping wars

https://www.youtube.com/watch?v=Z1vgFN2hTV4&list=PLAeupkPUoAf2O_-YBQDMka_r8YthRKmpX&index=14

2.06 Minor League Marketing Report (from 2.06a)

Tuesday, May 1, 2018 At last! May!!!!! April showers no more...only flowers from here on out

Quotable

PSM - Give 'em what they want

MIM  - http://censusviewer.com/state/NC

Google Trends - Greatest thing ever

                                                        

Word of the Day

Question of the day
SAT QOTD (Begin in 2012)

Kaplan's Version QOTD

Kaplan's SAT Question of the day

                                                            

MARKETING

Obj 3,2,1 test coming up late this week...60 questions.

Continue Pricing Project

3.06 - What is a good price?

3.06 - Chap 17 - Pricing Concepts

3.06 LAP Price is Right!   - Due May 2 (wednesday)

3.06 Price is Right/Razzle Dazzle/Sell Away (15)
http://www.quia.com/quiz/5857060.html

Obj 5 - Chap 18 - Setting the Right Price

1. Participate in a class debate about the ethics of pricing a product as high as possible due to high demand. Examples to consider are oil prices and popular cars.
2. 
   

Drug company raise prices 5000% for AIDS drug - From $13.50 to $750 a pill

http://www.cbsnews.com/news/turing-pharmaceuticals-rolls-back-5000-drug-price-increase/
Should those that can afford to pay more supplement those that cannot?

Price Gouging
http://www.nbcnews.com/id/12498071/ns/politics-tom_curry/t/what-price-gouging-can-it-be-stopped/#.VvK5OOIrLIU

What is Price Fixing?
http://www.wisegeek.com/what-is-price-fixing.htm
Predatory Pricing
http://www.maxi-pedia.com/predatory+pricing

For Fun!
https://www.quia.com/rr/1000833.html?AP_rand=90647969

3.06 Nature and Scope of Pricing [5-85]

3.06 Ethics in Pricing [5-87]

3.06 Technology in Pricing [5-89]

3.06 Legal Considerations in Pricing [5-91]

3.06 Factors affecting Pricing Decisions [5-93]

[5-85]

a. Describe the characteristics of effective pricing.

b. Explain what is being priced when prices are set for products.

c. List factors that affect a product's price.

d. Describe how pricing affects product decisions.

e. Explain how pricing affects place (distribution) decisions.

f. Describe how pricing affects promotion decisions.

g. Explain pricing objectives.

[5-87]

a. Define the following terms: price fixing, predatory pricing.

b. Identify ethical considerations in setting prices.

c. Explain ethical concerns associated with the use of complex prices that are confusing to consumers.

d. Explain how pricing tactics can relate to social responsibility.

[5-89]

a. Identify ways that the use of technology impacts the pricing function.

b. Explain specific applications of technology in pricing.

c. Describe benefits of automating the pricing process.

d. Discuss risks associated with automating the pricing process.

e. Explain how automating pricing facilitates targeted pricing.

[5-91]

a. Define the following terms: bait-and-switch advertising, deceptive pricing, dumping, loss-leader pricing, predatory pricing, price discrimination, and price fixing.

b. Describe laws affecting pricing.

c. Explain positive effects of pricing laws.

d. Discuss negative effects of pricing laws.

e. Explain the impact of anti-dumping laws on consumers.

[5-93]

a. Define the term selling price.

b. Distinguish between price and selling price.

c. Describe the importance of selling price.

d. Identify factors affecting selling price.

e. Explain how consumers can affect selling price.

f. Describe how government affects selling price.

g. Discuss how competition can affect selling price.

h. Explain how the nature of a business can affect selling price.

i. Identify pricing objectives.

j. Explain how pricing objectives affect selling price.

Factors Influencing the Pricing Decision
http://randikaabeysingha.articlealley.com/factors-influencing-the-pricing-decision-934039.html

Intro to the Marketing Mix - Pricing
http://faculty.mu.edu.sa/public/uploads/1361465823.1011marketing%20mix31.pdf

Questions!!!!!

Pricing Decisions
http://www.knowthis.com/pricing-decisions

External factors: Competitive and other products.
http://www.knowthis.com/principles-of-marketing-tutorials
/pricing-decisions/external-factors-competitive-and-related-products/

Price Affects Consumer preference
http://www.adweek.com/brand-marketing/how-price-affects-consumer-s-path-purchase-160401/

Coffee Shop
http://www.coolmath-games.com/0-coffee-shop

Story of Bottled Water - 8 minutes
http://storyofstuff.org/movies/story-of-bottled-water/

Story of Electronics - 8 min
http://storyofstuff.org/movies/story-of-electronics/

                                                                                                                                                    

SPORTS AND ENTERTAINMENT MARKETING

Test Tuesday, 45 Questions

FY2WE5RA4
Big Project - Part 1 only - Due May 11, 2018
Event Promotion/Coordination/PPT Pjt
https://drive.google.com/open?id=1-2Skf11sEXSmsmu1J2MKMYbphonWQ-TYG2xbe0lHULI

3.02 PPT

3.02 Guided Notes

1. Define the term distribution system.
2. Explain differences between distribution systems for tangible products vs. intangible ones.
3. Describe the distribution system (i.e., channel of distribution) for sports activities.
4. Explain the distribution system for sporting goods.
5. Discuss the distribution system for sports business services.
6. Describe the distribution system for sports entertainment/spectator sports.
7. Explain the distribution system for sports media.
8. Discuss the impact that the type of consumer has on sports distribution systems.
9. Identify types of intermediaries used by sports marketers.
10. Describe examples of direct and complex (indirect) distribution systems in sport marketing.

Additional ppt Distribution

http://www.slideshare.net/SlidesPresentation1/distribution-strategy

Kraft US Production and distribution

Walmart DC schematic

Walmart DC map - 200 mile radius

2.06 Minor League Marketing Report (from 2.06a)