The document discusses the objectives and content of the MBA405 course on Marketing of High Technology Products taught at Kalinga University. The objectives are to develop an understanding of paradigms for successful commercial activities in high technology industries. The course content includes topics like pricing decisions, pricing environments, the 3Cs of pricing costs, customer-oriented pricing, pricing of after-sale services, the pricing paradox, and the effects of the internet on pricing decisions. It provides the textbook and reference books used, and includes sample lesson plans covering various pricing strategies and concepts.
The document discusses the objectives and content of the MBA405 course on Marketing of High Technology Products taught at Kalinga University. The objectives are to develop an understanding of paradigms for successful commercial activities in high technology industries. The course content includes topics like pricing decisions, pricing environments, the 3Cs of pricing costs, customer-oriented pricing, pricing of after-sale services, the pricing paradox, and the effects of the internet on pricing decisions. It provides the textbook and reference books used, and includes sample lesson plans covering various pricing strategies and concepts.
The document discusses the objectives and content of the MBA405 course on Marketing of High Technology Products taught at Kalinga University. The objectives are to develop an understanding of paradigms for successful commercial activities in high technology industries. The course content includes topics like pricing decisions, pricing environments, the 3Cs of pricing costs, customer-oriented pricing, pricing of after-sale services, the pricing paradox, and the effects of the internet on pricing decisions. It provides the textbook and reference books used, and includes sample lesson plans covering various pricing strategies and concepts.
product MBA405 By: Mariyam Ahmed ASSISTANT PROFESSOR Department of MANAGEMENT Kalinga University Naya Raipur (C.G.), India.
MBA405 MARKETING OF HIGH TECHNOLOGY PRODUCT 1
MARKETING OF HIGH TEECHNOLOGY PRODUCTS MBA405 Course Objectives: • The objective of this course is to develop an understanding about paradigms appropriate to successful commercial activities in high technology industries • Course Outcomes: • Realize the importance of performance management system in enhancing employee performance.
MBA405 MARKETING OF HIGH TECHNOLOGY PRODUCT 2
Text Book: 1. Decenzo, D. A., & Robbins, S. P. (2018). Fundamentals of Human Resource Management India: Wiley.17th Ed.
Reference Books: 2. Pattanayak, B. (2018). Human Resource Management. Delhi. Prentice hall of India.15th Ed. 3. Rastogi, S. Management of Human Resource. Sun India.
MBA405 MARKETING OF HIGH TECHNOLOGY PRODUCT 3
Content (Unit – III) 1. Pricing decision 2. Pricing environment 3. 3Cs of pricing cost 4. Customer oriented pricing 5. Pricing of after- sale service 6. (pricing ) paradox 7. Internet on pricing decision 8. Pay per use versus subscription pricing 9. Price bundling 10. Leasing MBA405 MARKETING OF HIGH TECHNOLOGY PRODUCT 4 Unit – III
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UNIT 3 LESSON PLAN BBA303
Lecture Number Topics to be Covered Slide Number
L1-L5 Pricing decision 7
L5-L7 Pricing environment 8 L8-L11 3Cs of pricing cost 9 L12-L13 10 Customer oriented pricing L14- L15 Pricing of after- sale service & 11-12 (pricing ) paradox L16 Internet on pricing decision & Pay 13-16 per use versus subscription pricing L17 Price Bundling and leasing 17-18 6 MBA405 MARKETING OF HIGH TECHNOLOGY PRODUCT BBA303, Human Resource Management 7 channel consideration Proper channels should be selected at minimum cost considering the nature, size and condition of the products. While selecting channel, different factors may affect. So, strategy should be made paying attention to such factors. The task of selecting
proper distribution channel is also very difficult.
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What are hybrid channels • Hybrid channels are a mix of direct and indirect channels. In this model, the manufacturer has a partnership with intermediaries, but it still takes control when it comes to contact with customers. One example is brands that promote products online but don't deliver them directly to customers.
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What are the things to consider when choosing distribution channels? • When selecting the right combination of channels for the sales and distribution of products and services, international trade practitioners consider several factors. • Target market buying behaviours. ... • Product and service characteristics. ... • Market location. ... • Competition. ... • Local business practices. ... • Legislation. ... • Market coverage. BBA303, Human Resource Management 10 Gray market • A gray market is an unofficial market for financial securities. Gray (or “grey”) market trading generally occurs when a stock that has been suspended from trades off the market, or when new securities are bought and sold before official trading begins. The gray market enables the issuer and underwriters to gauge demand for a new offering because it is a “when issued” market (i.e., it trades securities that will be offered in the very near future). The gray market is an unofficial one but is not illegal.
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Black market • A black market is an economic activity that takes place outside government-sanctioned channels. Illegal market transactions usually occur “under the table” to let participants avoid government price controls or taxes. The goods and services offered in a black market can be illegal, meaning their purchase and sale are prohibited by law, or they can be legal but transacted to avoid taxes.
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Managing supply chain management • Supply chain management is the management of the flow of goods and services and includes all processes that transform raw materials into final products. It involves the active streamlining of a business's supply-side activities to maximize customer value and gain a competitive advantage in the marketplace.
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Green supply chain • the green supply chain concept occurs to mitigate environmental degradations and control air, water and waste pollution through the adoption of green practices in business operations.
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Indirect distribution
• Indirect distribution allows you to:
share shipping and storage costs. make it easier for customers to find your products. benefit from your third-party's experience, infrastructure and salesforce.
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Evolution of channels • Channels of distribution become more complex as an economy evolves due to increased separation between buyers and sellers, a greater division of labor and an increased specialization of economic activity accompanied by increasingly differentiated buyer wants.