Friday, April 7, 2017

Course reflection

How has your view of marketing changed from when you started this course?

The marketing course is a surprise for me. Before this semester, I think marketing course will teach us how to sell products, and I can learn some strategy about selling. However, the marketing course is totally different. At this course, it cover a lot of detail about market, such as the step for consumer make purchase decision.  


What have you done or learned here that you intend to pursue or learn more about?


At this course, I learned a lot of knowledge. I can better understand the transaction right now. In addition, I have done a market project about mouthwash at this semester. This project is a very good chance for practice, and it will be helpful in my future careers. This course include many contents, and environment scan and target market are best chapter which I learned. Those two part are two very important part. Every goods need begin with those two part. Therefore, I take a lot of time on those two part. 


When you think of this course five years from now, what will be your key take-away?


This course will help me a lot in my future lives. At five years from now, I think the environment scan will be most helpful to my career. This part can very helpful to analysis market in specifically aspects. Furthermore, the target market also helpful because everything should be have a goal, or target. Therefore, at this part help me to set the target marketing.



Friday, March 31, 2017

Email Promotion

People receive a lot of emails everyday. They got business emails, friend emails, advertising emails, and phishing emails. I think, Email promotion become less effective today because there were too much phishing emails on internet, and people noticed about it.

In real world, most of emails which people received was advertisings. However, people most of time ignored those emails. They just delete the advertisings. At this situation, companies choose a new way to fix with it, and they made emails more effective. It is personalized emails. The email was not send same email to everyone. People received email for themselves. The reason is people care about information about themselves, and they should worry about the stuff relate themselves.

I got a lot of personalized emails from Rogers. The emails include fee remind, new package, bill, ads and go on. The brand sent personalized emails, and  consumer will pay attention on all those brands' emails. Therefore the emails promotion will become more effectively.

Friday, March 24, 2017

A&W Do not Use Odd-Even Prices

A&W. 
Today, a popular strategy in marketing price setting is "odd-even pricing". Some of you may not understand what odd-even pricing is. Actually, it is in people daily lives. If you see the product price

like 4.99, or 499, it is odd-even pricing,

To honestly, odd-even pricing is a good strategy to set a price for product. Consumer usually will focus on the first digit in price because that is the most important part. Consumers probably will ignore the end of prices. For example, a burger sold for $4.99. Consumers will think this burger is more than $4, but less than $5. However, it almost is $5. 

This strategy will affect consumer decision, and compete with competitor very effective. Additionally, a lot of brands use this strategy to set selling price.

However, A&W is a special brand. It does not use this strategy. Marketer may think that is not good decision for selling, but it may be have two benefit on it. 

1. Comfortable: consumers will feel comfortable about price. As I said before, the odd-even pricing is very popular. Therefore, consumers also realize about it. At this time, the original price will give very good brand image.

2. Convenience: Today cash is not popular anymore, but there still have some people prefer to use the cash. Additionally, odd-even pricing do not need give consumers coins. So, it is more convenience. 

Friday, March 17, 2017

Retailer issues

In contemporary live, retailers are in everywhere. It is one of the most significant thing to relate people daily life. However, retailers shout be careful many things for their businesses. In addition, those things will reduce the risk, or it will help their businesses to successful.


I remember a  retailer closed 3 month ago. It is "Home hardware". The store in a plaza near the Conestoga College (123 Pioneer Dr, Kitchener, ON)Home hardware is very popular in Canada. The brand has very good brand loyalty. It sell the home stuffs. Such as, power tools, hand tools, and general merchandises.



However, This store make a mistake about their target market. One of the most of thing that I want to mention about is demographic. Let's think about home stuff. Who are going to buy those stuffs? Most of time is parents because they should do the housework, or repair the some part of house. Usually, Home hardware choose some places near some place where, have a lot of families, live there.

This retailer is a special one. There have a lot of houses, and a lot of people live there. It sounds like very suitable for Home hardware. However, most of people who live there are students. They study at Conestoga College, and they rent room for their living. Students never care about family stuff, and they do not need worry about it because the rooms are rental house. They live their just for study.

I would like to give some suggestion for this retailer. Be careful about target market is important. you should more comprehensive when you decide to open some new stores. In addition, geographics, demographics, psychographics, and behaviouristics are commonest aspects in target market.







Thursday, March 9, 2017

My favour advertisment

In our daily life, people live around advertisement, and they can find advertisement everywhere. Actually, people never going to find advertisement everyday.

A lot of advertisement in the people' lives, but people never notice about how many ads they have see.  According to RED CROW MARKETING INC. "Digital Marketing experts estimate that most Americans are exposed to around 4,000 to 10,000 advertisements each day" (2015). However, the problem for marketer is how can make people attention. 

I have a advertisement is my favour. it is from Apple. After I watched that TV ad, I wanted to get a iphone 7. Now, I am consider why it engaged me?

Iphone advertising is very simple, but look like great. It make me feel the phone is technological. People already see a lot of different kind of advertising. Those ads look like very pretty, but people can not find a lot useful information.


In the apple ads, it show how the phone look like, and it introduce the feature about phone with the some people using in the real world. It visually explain the feature about products. Audience can easy understand and get information for ads.


Additionally, Simple is they reason why the ads can engage audience. people already see a lot of ads, and they are tired. They want to see some thing different. that why I think apple ads is very effective.


Reference: http://www.redcrowmarketing.com/2015/09/10/many-ads-see-one-day/


                   https://www.youtube.com/watch?v=Q6dsRpVyyWs 


Friday, February 17, 2017

What is your favourite brand? Why? Describe the 5 brand elements and why you think this appeals to the target audience.

A unique name or phrase for a company is call a brand. There are a lot of brands in our daily lives. Such as, Walmart, Shoppers, and Nike. People usually have their some brands they prefer because some reasons.

I also have some brands which I like it. Now, Apple is my favourite brand because I am looking smartphone during this few week. My smartphone has some accidents, and I cannot use it anymore. Therefore, I need to buy a new phone. In addition, I have used iphone 3 years, and my experience tell me it is very good products. 

Apple products have many benefit. It is very easy to use. People can use it longer than other brand's smartphone. And it has very good models. That is why I prefer Apple.

Moreover, A brand have to had many brand elements. I want to mention about 5 of significant elements.
1. Brand image
Brand image is the idea of the brand, and people develop in their minds. It also can describe what they expect from the brand. Furthermore, brands are able to improve their brand image, and they can give the consumers what they want.
2.Brand positioning
Brand positioning is a very important part to identify target consumer. Positioning is able to place the brand in the market. It basically defines what segments of the market it is targeting, and brand can be more specific analysis consumers. Therefore, brand  segment market can help to appeal target audience.
3. Brand identity
Let turn back to fundamental brand. A brand is a name or phrase for company. Therefore, brand must have brand identity first. It is the way people can notice your brand. It can tell people your brand information fastest way. Also it can notice your target audience fastest.
4.Brand communication
It is the message, and it delivers many information to your audience. There are various sources like : adverts, brochures, punchlines, hoardings, and go on. they must have very effective communication with target consumer when brand grow up or just begin. 


5. Brand extension
All the brands need to extend. In contemporary companies, every brand need grow up. If company which stop grow, competition will over your business. In addition, Brand extension can give your target consumer what they want more specific.


Friday, February 10, 2017

How to be an effective team member


According to Riggio (2013) becoming a effective should follow few steps. 

1. Honest and Straightforward.

2. Shares the Load.

3. Reliable.

4. Fair. 

5. Good Communication Skills. 

6. Positive Attitude.

I am going to describe each of steps.


Honest and Straightforward:

Honest is a important part for a group. Each of the team members should notice about honest either for people common lives. To be a honest people is a significant thing for human. Honest always relate trust. People can trust you if you are honest. Nobody will trust someone who dishonest. Moreover, Straightforwardness is a good strategy in a group because other group member can easy to understand your meaning.
Shares the load
Each of team members should share the loads. A team work together for a project, and they have same target. Therefore, sharing is very necessary.


ReliableBecoming a fantastic team member should become a reliable person first. Reliable also relate trust because reliable people means most of time are correct. 


Fair:

Every single human has own chooses. They can have chooses. They can do what they want. And they can share their own opinion. It is important. People cannot carry off it.

Good Communication Skills:

I think, it is the most important thing for me, and I should to improve a lot. Communication skills are able to connect each other more effective because we need talk with other people every single day. However, I am a international student, and English is not my first language. Communication with English for me is a biggest challenge. Therefore, I will improve my language skill faster to become a effective team member.

Positive Attitude:

It also important. For example, people always do not like hear bad language. Positive attitude can be more friendly, helpful, and respectfully.