W8 Assignment, Final.docx - GIVING ADVICE 1 Final Grantham University Dr Cheryl Avant Foundations of Marketing October 2 2012 GIVING ADVICE 2 Abstract I

W8 Assignment, Final.docx - GIVING ADVICE 1 Final Grantham...

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GIVING ADVICE 1 Final Grantham University Dr. Cheryl Avant Foundations of Marketing October 2, 2012
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GIVING ADVICE 2 Abstract: I live in Austin, Texas, in a beautiful neighborhood where all of my neighbors have a good relationship and communicate with one another. I recently found out that one of my neighbors has inherited a restaurant in a small town about 75 miles away. From my understanding, my neighbor have never owned, yet alone operated a business before, and does not know much about marketing or restaurant business. Since I took a Foundations of Marketing course, I believe I can help her out a little bit. Right now, she is in the information-gathering stage and is compiling a list of things to look at and consider for developing a marketing strategy.
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GIVING ADVICE 3 Giving Advice Samantha (a random name I decided to give the neighbor), first of all I am sorry for your lost, and if you need help with anything please do not hesitate to let me know. Now, I understand you do not a lot about business and marketing, but I give you a few tips and terms that you should remember. Here are a few things you should be putting focus on: 1 Understand Marketing 2 Analyzing Marketing Opportunities 3 Product Decisions 4 Distribution Decisions 5 Promotion 6 Communication Strategies 7 Social Media 8 Public Relations 9 CRM 10 Setting the Right Price
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