MARKETING

Challenge of Culture in Marketing: The IKEA Experience

How IKEA overcame the cultural challenge? Culture is a major factor that affects all businesses. However, for those operating overseas, it is a bigger challenge. Every business wants to grow large overnight and still, when trying to sell in foreign markets culture can become a hurdle. Culture is a factor that has an important effect on your marketing strategy. Many

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B2B Versus B2C in terms of security, SCM monitoring, and performance enhancement.

 Compare and contrast business-to-business (B2B) and business-to-consumer (B2C) e-commerce in terms of security, SCM monitoring, and performance enhancement.  Commercial transactions are of two types – B2B and B2C. The two arrangements differ in many terms. The differences lie in security arrangements, supply chain monitoring, performance enhancement and many other terms. It is mainly because the

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Retail Versus B2B Marketing

Difference between the B2B and retail marketing strategies Retail marketing is vastly different from B2B marketing. Both  employ different strategies. In retail marketing the focus is on smart, aggressive and consistent conversion of the customers into shoppers. The retail marketers both online and offline use more of merchandising activities to entice the target market to buy.  This

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Ethical and Legal considerations in DTC marketing: the case of Pharmacare – Compcare

Ethical concerns in DTC (Direct to Consumer) Marketing : Pharmacare – Compcare case.  Ethics are a major concern in marketing. How the organizations market their products and services is a very important concern for both marketers and customers. Honest marketing can deliver the expected value and deceptive practices can harm both the producer and the consumer. In

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Backward and Forward Integration: Benefits for Businesses

Forward and backward integration Both forward and backward integration are vertical integration strategies to gain better control of the value chain, reduce dependence on the suppliers and increase business competitiveness.  The two strategies can help companies gain higher control of their business and reduce the bargaining power of suppliers. There are some major benefits to

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