MARKETING PRINCIPLES: TRADING AND EXCHANGE MAJOR ASSIGNMENT 3 Word Count: 2009 ABSTRACT/EXECUTIVE SUMMARY: chase dadaism Records (GDR) is a sm completely Australian dancing label that place innovation and creativity and is aspiring to move around leaders in the dance music trade. At this header in time, GDR must(prenominal) outline a selling strategy (within its budgets) in clubhouse to achieve its selling objectives for the coming fiscal year. Cheyne has defined the merchandising objectives for the coming financial year. They are to achieve $22 one million million million in gross revenue revenue, a unit sales playscript of 1,666,489, a market share of 5%, increasing sense or turn up/dance music, Nicci (by 30%) and Frankln (by 15%), introducing cyberspace distribution, and booking a in large quantities price of $13.26 from last year. This work allow for explore methods that could possibly be used in parliamentary procedure to avow and reach t hese goals. The main approaches that have been outlined in the report are for GDR to ensure that its result meet the 5 product requirements such as labeling and support services which allow for retain consumer satisfaction in the short and long melt fine-tune (which ultimately gives rise to larger profits and market share). Furthermore, different public relations (PR) campaigns and direct marketing schemes can be used to boost awareness of GDR, Nicci and Frankln as well as assisting in the introduction of Internet distribution. All money worn-out(prenominal) in trying to achieve these objectives has been budgeted and accurately meets the $200,000 allocated. TABLE OF confine: 1.Introduction..................................................................................................1 2.GDRs place statement.............................................................................1 3 (a)Target market.................................... ............................................! .......1 3 (b)Product positioning................................................................................2 3 (c)Product decisions..................................................................................3 3 (d)Pricing approach...................................................................................4 3 (e)Promotions..........................................................................................5 3 (f)Placement (distribution)..........................................................................5 3 (g)R&D and market research.......................................................................6 4.Budgeting.....................................................................................................6 5.Conclusion....................................................................................................7 6.Recommendations...........................................................................................7 7.References... ..................................................................................................8 1.INTRODUCTION: The marketing objectives for the next financial year that have been outlined by Cheyne will all be covered in the marketing strategy that has been delineated in this... If you want to get a full essay, identify it on our website: OrderEssay.net
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