Science of getting people to spend money on your product

Assignment Help Operation Management
Reference no: EM132269128

We defined marketing as, “the art and science of getting people to spend their money on your product rather than the other guy’s, and be happy that they did so.” Do you think that’s true? Does some Wizard of Oz person-behind-the-curtain get you to buy something by manipulating you through the 7 Ps? And is “manipulate” the right word for us to use? Which one of the Ps gets you to purchase – a great price? Superior product no matter what the cost? Or are you influenced by a cool promotion? Give an example of a product and why you bought/buy it. Be specific in referring to the 7 Ps in your post, and include which of the Ps is less relevant to you as well. Don’t forget that the Ps often are inter-related – there may be more than one P that influences your decision to buy a product.

Reference no: EM132269128

Questions Cloud

Issues related to working in competitive global environment : Evaluate the legal, social and ethical issues related to working in a competitive global environment.
Plots the needle at a random position on the floor : EX1010 - Introduction to MATLAB Assignment, City University of London, UK. Plots the needle at a random position on the floor
Techniques that attackers use to exploit a computer : What information can be found about the techniques that attackers use to exploit a computer.
Difference between primary and secondary stakeholders : what is a stakeholder, and who area corporation's primary and secondary stakeholders? explain the difference between primary and secondary stakeholders.
Science of getting people to spend money on your product : We defined marketing as, “the art and science of getting people to spend their money on your product rather than the other guy’s, and be happy that they did so.
Analyze the values and world views concerning the eurasian : Analyze the values and world views concerning the Eurasian frontier represented in Vambery.
Improvement projects conducted by healthcare organizations : There are many examples of improvement projects conducted by healthcare organizations that can be found on the Internet.
How would a cloud-based service save money : How would a cloud-based service save money vs having a Data Center? Would it be cost effective to do Hybrid Cloud? Public Cloud? Private Cloud?
Show the importance of disaster continuity : Show the importance of disaster continuity and disaster recovery to the function of the cloud business?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd