IMU501 Islamic Marketing UITM Assignment Sample Malaysia
IMU501 Islamic Marketing is an interesting and useful course that offers valuable insight into the marketing of Islamic products and services. It provides a comprehensive understanding of the various factors involved in such marketing endeavors, including consumer behavior, product positioning, target markets, and ethical considerations. Students who take this course will gain a better understanding of how to analyze market data to identify segments most likely to benefit from launching new Islamic products or services.
Furthermore, the course aims at understanding accurate communication through words, symbols, and visuals in accordance with Islamic values. This is essential for Muslim companies wishing to promote their products or services ethically and effectively across different cultures. Finally, this course sets you up with the necessary knowledge and skills to assess the potential success or failure of any new venture into Islamic marketing.
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In this blog post, we will be exploring the various aspects of assignment briefs. Let’s take a closer look at them:
Assignment Brief 1: Elaborate the concept and principles of Islamic marketing and mixed marketing strategies.
Islamic marketing is an ethical form of marketing adhering to the long-established principles of Islamic law, or Sharia. These critically important guiding principles emphasize creating positive benefits for all stakeholders including customers, suppliers, and bankers. The concept of ‘halal’ (or permissible) and ‘haram’ (or impermissible) should be kept in mind when making any decisions when it comes to Islamic marketing. As a further endorsement of the faith-rooted thought process that ought to guide Islamic marketing, no immoral behavior such as bribery or misrepresentation will be tolerated in any way whatsoever.
In order to make the most of today’s global marketplace, many businesses combine Islamic marketing strategies with standard opportunities for growth and profitability. As businesses adopt these mixed strategies, they not only gain access to larger customer bases but also strengthen their reputations along with developing sustainable widespread success which is ultimately beneficial to all relevant stakeholders in an ethical manner.
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Assignment Brief 2: Perform communication skills in written and oral related to marketing.
Establishing effective communication skills is essential for those engaging in the marketing process. This means having the ability to communicate, both orally and in writing, ideas, thoughts, and plans effectively and concisely so that your message is properly conveyed and understood. The written form of marketing communication consists of documents such as emails, reports, proposals, advertisements, and social media posts.
An oral approach might include presentations at meetings or on certain platforms including webinars, podcasts, or videos. Regardless of the method being used to communicate messages in marketing efforts, it is essential to highlight any relevant facts accurately while simultaneously connecting with an audience through a clear and captivating narrative. Becoming well-versed in both written and oral communication is a key skill set that any successful marketer will possess.
Assignment brief 3: Apply the marketing strategies in the current business setting.
With the digital revolution has impacted how businesses reach potential customers, it is now more important than ever to invest in efficient marketing. Strategic use of marketing techniques such as advertising and search engine optimization can ensure that your products or services are seen by the right people. This is especially important in a competitive environment where many businesses are vying for the same customers’ attention.
By applying the appropriate marketing strategies, companies can stand out from the competition, remain visible and generate leads. Additionally, making use of automation tools can further enhance a business’s ability to maximize its promotional efforts and increase its yields. Ultimately, implementing effective marketing strategies is an essential component for any business looking to stay ahead of its competition in today’s dynamic marketplace.
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