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Self-image congruence models suggest that we choose products when their attributes match some aspect of the self. Beyonce’s Beehive fan club uses this theory of the self-concept:
a. Looking Glass Self
b. Symbolic Self
c. Ideal Self
d. Real Self
e. Extended Self
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- 12. What is a marketing information system (MIS)? Whatbtypes of information does it include?Please, don't use your handwriting.. Video Link: Watch the following video link-McDonald's: Segmentation, Targeting, and Positioning-https://www.viddler.com/embed/3568f26a 7.3 Test your Knowledge (Question):Discussion Question #1: What is the primary segmentation method used by McDonald’s to form the segments discussed in the video? Why do you think McDonald’s uses this method?41.42.43 A) Many brands decide to reposition themselves on the market. 1. Explain what is meant by repositioning; 2. Why a brand would choose to do it; 3. Give at least one example. Input space # 1 Input space # 2 Input space # 3 B) Although demographic segmentation is easier to achieve, marketers often choose to combine it with psychographic segmentation. Explain why. C) What can marketers do at the needs recognition stage to influence consumers' purchasing decisions? 1. Identify and explain at least 2 methods used by marketers at this stage of the consumer decision-making process. 2. Give an example. Input space # 1 Input space # 2
- What are the two primary types of surveys a companymight use to forecast sales? Why would a company usean outside expert forecasting survey?2To start an e- business market analysis is very important. The given diagram illustrates each factor that could have impact in your business plan. Being an analyst discuss each of the factor that how it will affect your e-busine. Also elaborate the actions that could be initiated to control the situation and make the situation favorable to your e-business. E-business strategy To inform online E-business Demand Opportunities + threats revenue objectives analysis contribution Competitor analysis E-marketing plan SLEPT factors (Ch 4) Constraints Differential advantage E-marketing budget, staf channel partners Channel Intermediary analysis Resource analysis restructuring E-marketing plan comprises Situation analysis • E-marketing objectives Strategies for target markets • Tactics for marketing mix: • Product • Price • Place • Promotion (communications mix) • Actions, control and monitoring
