Marketing mix essay - idea
Attempt APA style, see example below. Include cover page and reference page. Text book, lectures, and other materials in the course may be used, but are not counted toward the two reference requirement. Reference material data, dates, graphs, quotes, paraphrased words, values, etc. Sources such as Wikis, Yahoo Answers, eHow, etc. Calculate your order price. marketing mix essay.Recent Posts
The marketing mix is therefore composed of the marketing mix essay Ps: product, price, place, and promotion. The product is described marketung the goods manufactured or produced by an organization; or the services offered to the clientele. As such, products were deemed tangible, or those which could be perceived through the sense of touch; or intangible, such as the services such as laundry, haircutting, transportation, and the like.
These products or services are usually offered to the customers in exchange of money. The price, as another element of the marketing mix, is the money which the consumer or buyer pays, in exchange marketing mix essay the product or services that is purchased or availed of. Marketing mix essay are many factors that an organization considers when designing pricing strategies; such as the demand for the product, the supply of the product, the number of competitors offering the same product or services within a strategic location, among others. The place is the exact location where the products or services are offered and where consumers could purchase or avail. In contemporary locations, place could mean physical location or actual store which houses the products that are for sale.
Likewise, place could also mean virtual location where the products or services offered are listed in online sources through the Internet and official websites of offering organizations.
Finally, promotion is described as the different strategies designed https://digitales.com.au/blog/wp-content/custom/negative-impacts-of-socialization-the-positive-effects/officer401-name.php implemented in terms of discerning which would cater to the needs and demands of the clientele and how these clientele could be best reached using different informational media Management Study Guide, From among the various promotional techniques or approaches, the following are commonly used: advertisements and word-of-mouth.
It actually boasts of offering as many as sparkling and still brands, including ready-to-drink coffee, juices, and other juice products. Likewise included in product strategies are labels, packaging, marketing mix essay innovation strategies that produce other jarketing to currently manufactured products.
Description of Elements of the Marketing Mix
Thus, depending on the popularity marketing mix essay the products launched and marketed worldwide, the intensive marketing research arm of the organization determines the popularity of each brand in each strategic market location. As such, packaging strategies could be changed depending on consumer feedback or the need to make them more attractive to the target markets. It is deeply interested in how you perceive, find, view, reach, buy, hold and marketlng their products. It is this value perception that is instrumental for the success of Coca Cola in ensuring that their products remain appealing to the consumers due to the expected fulfillment and satisfaction derived from consuming the products they purchased. This is an indication that Marketing mix essay Cola distributes its products in strategic locations which could be easily accessed and purchased by various consumers, ranging from shopping centers, grocery stores, esszy, convenience stores, and just about any retail store outlets where beverages are served.
Red Cross Marketing Strategy
Thus by applying a comprehensive and widely encompassing envelope strategy, Coca Cola is able to sustain its market leadership on a global scale. Thus, aside from the physical strategic locations where Coca Cola products are traditionally sold, the company has used its official website and social networking engines to provide more contemporary information on its various products, events, and other consumer-related endeavors.
As such, apart from using the traditional advertising and promotional mediums television ads, print, radio, billboardshttps://digitales.com.au/blog/wp-content/custom/negative-impacts-of-socialization-the-positive-effects/moonlight-meadery-sensual.php could find our more information on Coca Cola products and recent activities in social marketing mix essay such as Facebook, Twitter, YouTube, and flickr.
The use of social networking and the electronic medium is a crucial promotional strategy that effectively taps consumers who prefer to access the virtual place. Conclusion The current discourse has effectively described the four components of the marketing mix: product, price, place, and promotion.
Likewise, through the experience of Coca Cola, one of the most famous global brands in beverages, these components were appropriately described and expounded to explain the development of strategy and tactics which are deemed crucial towards the achievement of identified goals. Coca Cola has continued to emerge victorious as it has consistently marketing mix essay the needs and desires of its discerning global clientele through the strategies design in their marketing mix. References Coca Cola Company.
Product Description. Retrieved from coca-colacompany. The World's Most Powerful Brands.]
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