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III. Complete the notes with the words from the box.

opportunities needs customer information

threats trends behaviours research

weaknesses competitors campaign strengths

Keys to successful marketing

  1. Have a passionate curiosity for the ________.

  2. Get a deep understanding of customer’s _______ and ________ .

  3. Analyze all the business _______, market _______ and _____ constantly.

  4. Have an instinctive understanding of how ______ .

  5. Understand the ______ and ______ the company faces.

  6. Create good advertising and promotion ______ .

  7. Understand how _____ are acting.

IV. Discuss the keys to successful marketing.

What should a company and its marketing department, in particular, do to have a success in the market?

V. Match the words to the definitions

  1. product a. companies or products in its same market

  2. market share b. a programme of advertising activities over

a period, with particular aims

  1. market research c. goods or services that are sold

  2. consumer products d. to introduce a new product onto the

market

  1. advertising campaign e. set of products made by a company

  2. product range f. information about what customers want or

need

  1. to launch a product g. things people buy for their own use

  2. competitor h. the percentage of sales a company has

VI. – Translate the sentences paying attention to the underlined expressions.

  1. In the late 1990s, Internet use was doubling every 100 days. Market growth

was incredible.

  1. Women are a particularly interesting target for the Volvo V70. They are an

important market segment for Volvo.

  1. The Softco software company divides the software market into large

companies, small companies, home office users, and leisure users. This is its

market segmentation.

  1. Among UK supermarkets, Tesco sells more than any of the other chains. It

has the highest market share.

  1. Tesco is the market leader among UK supermarkets as it sells more than any

of the other chains.

Replace the underlined phrases with the expressions from the above

exercise.

I’m marketing manager for CrazyCola in a country called Newmarket. In this market we sell more than any other cola. In fact, we have 55 per cent of the market. Sales are increasing at seven to eight per cent per year. There are two main groups of users: those who drink it in cafes, bars and restaurants, and those who buy it to drink at home. Of course, many users belong to both groups, but this is our way of dividing our consumers.

VII. Translate the sentences.

  1. If a company enters a market, it starts selling there for the first time.

  2. If a company gets out of or leaves a market, it stops selling there.

  3. If a company dominates a market, it is the most important company selling there.

  4. If a company corners or monopolizes a market, it is the only company selling there.

  5. If a company drives another company out of a market, it makes the other company leave the market, perhaps because it can no longer compete.

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