Progressive has attained top-tier status in the insurance industry by focusing on innovation.

Progressive has attained top-tier status in the insurance industry by focusing on innovation. Progressive was the first company to offer drive-in claims services, installment payment of premiums, and 24/7 customer service. But some of Progressive’s most innovative moves involve its channels of distribution. Whereas most insurance companies distribute their products to consumers via intermediary agents […]

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One psychological pricing tactic is just-below pricing.

One psychological pricing tactic is just-below pricing. It is also called “9-ending” pricing because prices usually end in the number 9 (or 99). In a small group, have each member select five different products and visit a store to find the price of those items. Is there a variation among the items and stores with […]

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Business buying occurs worldwide,

Business buying occurs worldwide, marketers need to be aware of cultural factors influencing business customers. In a small group, select a country and develop a multimedia presentation on proper business etiquette and manners, including appropriate appearance, behavior, and communication. Include a map showing the location of the country as well as a description of the […]

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Lots of companies have idealistic missions.

Lots of companies have idealistic missions. But IKEA’s vision, “To create a better everyday life for the many people,” seems somewhat implausible. How can a company that makes furniture improve everyday life for the masses? Interestingly, the most important part of that strategy is price. For every product that it designs, from leather sofas to […]

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Discuss the two important questions a marketing

Discuss the two important questions a marketing manager must answer when designing a winning marketing strategy. How should a manager approach finding answers to these questions? (AACSB: Communication; Reflective Thinking Is this the question you were looking for? If so, place your order here to get started!

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