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How to Price and Position Products or Services for Marketing Effectiveness

Product pricing is a rather complex process and requires careful study. To base this on the consideration of factors such as costs, sales and marketing, it is necessary to carry out a series of calculations in order to calculate the price. Generally, it takes into account how much money has been spent in production, personnel and marketing costs, but also the profit margin should consider. Although there are a lot of strategies to position your business and differentiate it from its competitors, product positioning is one of the most important ones. Product positioning is the process of creating a brand's identity by positioning a product or service in relation to other products or services on the market.

Online purchasing: a study of the product characteristics buyers look for

Another thing that makes the Web a popular choice among shoppers is the freedom to get their orders right away. Going through the process of buying something and waiting for it to arrive at their doorsteps can be extremely frustrating, especially if you are in a rush. This is why online shopping has become so much more prominent within our society. With online shopping, customers can browse products without having to find the time to physically search for them, or even look up the product from physical stores in real time.

A study on how to make customers purchase goods and services in the luxury category

As a part of luxury retail, we often talk about how exclusive products are what sets aside luxury brands from traditional retailers. However, given the nature of luxury businesses, we often forget that there is also an incredible attention to detail given to every single customer at Gucci and Jaguar. Each piece created by the designers at these brands is beautifully crafted for each customer, taking priority over everything in their mind. The service provided in their stores is designed to impress not just with product but with extraordinary customer care as well.

HRM and the importance of motivation- Discuss the most motivating factors for future leaders.

Motivating employees can be a very difficult task, especially in a fast paced and challenging work environment. Effective employee motivation is key to organizational success, so how can you motivate your employees? This article will give you some additional ideas on how to do this based on real life situations.

Consumer purchase decision and the influence of e-marketing- Discuss the case study of India.

A million-dollar question: "Is online shopping really so appealing to consumers in India that they will continue to do so even when the promotions are gone?". In terms of internet traffic, India is the largest e-commerce market with 150 million visitors per month, followed by China with 124 million visitors per month. With a growing middle class and the growing popularity of online shopping, it is predicted that Asia will surpass North America and Europe as the largest e-commerce market in 2019. To understand the needs of an industry, you need to deeply understand its market. According to some reports, India is the second largest market in the world with $90 billion annual turnover in the offline retail sector compared to $79 billion in the global e-commerce industry. However, even though the Indian ecommerce market is growing rapidly and there are nearly 100 million users on mobile phones across India, it only accounts for 5 percent of total retail industry sales.