100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
English vocabulary summary 3 marketing | Artevelde $3.76   Add to cart

Summary

English vocabulary summary 3 marketing | Artevelde

 11 views  0 purchase
  • Course
  • Institution

English 3 vocabulary for Marketing Artevelde. Given by Lies Peters

Preview 2 out of 7  pages

  • January 27, 2023
  • 7
  • 2022/2023
  • Summary
avatar-seller
1. What is motivation marketing?
For most organizations, staff are the key to success – the most important tool for the organization’s
success – and they can be motivated to promote their company’s product or service. Motivation
marketing engages staff and gets them interested by using events or incentives. It also aims to
recognize and reward staff efforts by offering prizes or rewards for good performance – for
example, with a monthly incentive.

Other benefits of motivation marketing include:

- increased job satisfaction: happier people at work
- improved productivity: more work done in less time
- improved performance: the work is done better
- encouraging behaviour changes: for example, introducing new work practices
- increased sales force effectiveness: for example, to achieve higher sales figures
- improved product launches: boost market penetration and gain market share more quickly



Exercise 1: complete the sentences using words from the box.

build internal reaction recognizing sales turnover


1 Motivation marketing is a good way to build staff loyalty.

2 It can increase motivation levels by recognizing staff efforts.

3 A good incentive scheme means that people want to stay with the company, there is lower staff
turnover.

4 Travel is an effective sales incentive.

5 People working inside the company, the internal staff, benefit from incentive schemes.

6 A good incentive scheme measures staff reaction to make sure everything is going well.

, Exercise 2: In assignment 1 (Reverse job fair), you were hired by a marketing company because of
your valuable assets. Imagine you are now working at that company. You are feeling slightly
overwhelmed and are considering leaving the company. Which incentives could they offer you to
change your mind?

Goal: To boost morale

The company can give me a more attractive salary than its competitor. More days off could
also possibly be attractive. Certain fringe benefits such as company car that the family can
drive with is also welcome

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller louisvankerckvoorde. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $3.76. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

73918 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$3.76
  • (0)
  Add to cart