Please boost your Plan to download papers
Successful marketing stories - Essay Example
Author : larkinethel
Pages 6 (1506 words)
Successful marketing stories Name: Institution: Abstract Many organizations seek success. Several factors like excellent information systems, qualified workforce and modern technology all contribute to business success. However, today’s successful companies have one thing in common; they are strongly customer oriented and heavily invest in marketing of their products and services…
Companies like Apple have attained brand equity through constant innovation and excellent customer service. Apple products like iPod are built on advanced communication technology and additional features like e-mail and messaging capabilities, which have increased the level of customer satisfaction. Apple has been able to segment the market by offering products that meet the different customer needs. Apple has been able to implement technology and innovation in all the marketing mix elements such as the price, promotion, place and product. Successful marketing stories Introduction Marketing is practiced nearly in every business in the world regardless of the size of the business or the nature or industry in which the business operates (Hartline & Ferrell, 2010). The basis of all marketing activities is to create and deliver value to the customer (Hartline & Ferrell, 2010). Customer value can be defined as; the difference between the value the customer gains from owning and using the product and the costs of obtaining the product. ...