"What Marketing Mix Variable Does The Ama S Internet Marketing Effort Exemplify" Essays and Research Papers

  • What Marketing Mix Variable Does The Ama S Internet Marketing Effort Exemplify

    Marketing Mix The elements of the Marketing Mix refer to the tools that will be employed in the marketing efforts of a product, service or concept, to a particular targeted or segmented group. If the right Marketing Mix is used, it will aim all of the company’s efforts at satisfying it’s customers at a profit or other notable success. A typical Marketing Mix includes “The four P’s”, which are product, price, promotion, place and sometimes people. Since consumers are surrounded by the controllable...

    Advertising, Marketing, Marketing plan 1497  Words | 4  Pages

  • Marketing Mix

    The marketing mix is often considered as the center of a marketing strategy. It is defined by Kotler and Armstrong (2010:84) as ‘the set of controllable, tactical marketing tools that the firm blends to produce the response it wants in the target market.’ These tools are; Product, Price, Place and Promotion, which are commonly known as the ‘4 Ps.’ A combination of these four components offers the ability to create a successful marketing mix that will produce the desired results. This essay will first...

    Brand, Marketing, Marketing mix 2581  Words | 6  Pages

  • Marketing Mix

    The Marketing Mix A General Discussion Logic: Marketers have four tools to use to develop an offering to meet the needs of their targeted customers. Collectively they are called the marketing mix. Marketing Mix: You may have heard of the "four Ps" of marketing: product, price, place, and promotion. Collectively these are called the marketing mix. More comprehensively they are viewed as: • product, service, or program - something of value you are offering the customer, client, or park visitor ...

    Four Ps, Marketing, Marketing mix 1691  Words | 5  Pages

  • Marketing Research

    OF COMMERCE UNIT NAME: MARKETING RESEARCH UNIT CODE: HCB 2210 QUESTION Critically discuss the research conducted on the marketing mix variables and evaluate the benefits of such information to marketing management. INTRODUCTION The marketing mix and the 4 Ps of marketing are often used as synonyms for each other. In fact, they are not necessarily the same thing. Marketing mix is a general phrase used to describe the different kinds...

    Distribution, Marketing, Marketing mix 762  Words | 3  Pages

  • Marketing Mix

    Marketing Mix Paper The marketing mix is probably the most famous phrase in marketing. According to Wikipedia.com, the marketing mix approach to marketing is a model of crafting and implementing marketing strategies. It stresses the "mixing" or blending of various factors in such a way that both organizational and consumer (target markets) objectives are attained (Wikipedia). "The elements are the marketing 'tactics'. Also known as the 'four Ps', the marketing mix elements are price, place, product...

    Distribution, Marketing, Marketing mix 1493  Words | 4  Pages

  • Internet marketing

    role internet marketing has within a modern marketing context Introduction: In this report that I am preparing for my boss Mr Adam Croft describing what is marketing and include where I have got this definition from. After I will include a definition for internet marketing and reference this and also how these benefit to customers what role they play within the modern marketing environment. Also I will introduce two contrasting businesses and describe how they are using internet marketing with...

    Affiliate marketing, Business, Internet marketing 2176  Words | 7  Pages

  • Marketing Mix

    Marketing Mix MKT421 June 12, 2013 Marketing Mix This paper is going to discuss the marketing mix, also known as the 4 P’s. The 4 P’s are product, place, price, and promotion. There will also be an example of a business and how it has applied the marketing mix. The customer is the main focus when marketing. Everything is tailored to fit the wants and needs of the customer. Product The product is the goods, services, or a combination of the two that the customers buy from the company. The...

    Consultative selling, Marketing, Marketing mix 838  Words | 3  Pages

  • Marketing Mix

    Marketing Mix The marketing mix is essentially about meeting the needs of the customer. Companies must make determinations about what “works” and what does not “work”. In order to assess where the company stands with their product or service, a marketing mix that is focused on the customer will help in addressing the changes that should be made. Companies can address such things as the packaging of the product or service. Warranties can be...

    Amazon Kindle, Amazon.com, Customer service 1413  Words | 4  Pages

  • Marketing Mix

    Running Header: MARKETING MIX PAPER Marketing Mix Paper MKT/421-Marketing Marketing Mix Paper To develop a marketing research approach, a company will look to do a consumer analysis, an industrial analysis, and develop a marketing mix that will best suit the organization and the consumer. “In a consumer analysis, some areas to look at are demographics, psychographics, behaviors, and geographical consideration. In an industrial analysis, the company will do a competitor analysis,” (Perreault...

    Distribution, IKEA, Marketing 1322  Words | 4  Pages

  • Marketing Mix

    Marketing Mix MKT 421 Marketing Introduction Companies today try their best to continue to keep up with the changes of services, products and technology. Companies rely on their abilities in marketing to keep consumers interested in their products and services. The success of a company may rely on the company’s marketing performance. Marketing planning starts by thinking of the targeted audience needs, strategies, and the development of the products and or service needed. Developing...

    Four Ps, Marketing, Marketing mix 1502  Words | 5  Pages

  • Marketing Mix

    BSBMKG502B - ESTABLISH AND ADJUST THE MARKETING MIX Assessment Task 1 – Work Based Knowledge Test 1. What are the characteristics of the products and/or services in your business? Ans. I am working in . We are selling burgers as well as fries and soft drinks. But recently we start selling frozen coke and ice cream, which Mc d was selling and now we are making good money. 2. How do these products and/or services relate to the market they are in, and to the immediate competitors? Ans. We have...

    Competition, Marketing, Marketing mix 1696  Words | 6  Pages

  • Marketing Mix

    Marketing mix is a mix of options and variables that a marketer has to design his proposition. The four Ps, as they are known, of the marketing mix are Product, Price, Place and Promotion. Marketers mix these ingredients and variables in different proportions for their products in order to meet their requirements within their given constraints and boundaries. Marketing mix covers the four major elements and variables that a marketer has and can manipulate in order to design his offering according...

    Bank, Marketing, Marketing management 1456  Words | 4  Pages

  • Marketing Mix

    Marketing Principles Today, marketing must be understood not in the old sense of making a sale, but in a new sense of satisfying customer needs. Without customer needs there is no marketing. If the marketer understands customer needs; develops products that provide superior customer value; and prices, distributes, and promotes them effectively, these products will be sold easily. Selling and advertising are just part of “marketing mix” which is a set of marketing tools that work together to satisfy...

    Customer, Customer relationship management, Customer service 2378  Words | 7  Pages

  • Marketing Mix

    Marketing Mix [Name] MKT/421 February 6, 2013 [Instructor] What is Marketing Mix? Marketing mix consist of four controllable variables which surrounds the target market of the product or service. Process of finding the target market and its marketing mix is called marketing strategy. “The marketing mix—or the four Ps—consists of tactical marketing tools, blended into an integrated marketing program that actually delivers the intended value proposition to target customers “(Kerin et al., 2011...

    Four Ps, Hotel, Marketing 1097  Words | 4  Pages

  • Marketing Mix

    demand. The promotional methods for this organisation are internet, banner advertisement, testimonials and word-of-mouth. Marketing mix means several elements the make-up of the marketing campaign. These can be: * Television * Sampling * Demonstration * Radio * Display * Newspapers * Journals * Events The channels of distribution are on-line and in store. One of the four major elements of the marketing mix is price. Pricing is an important strategic issue because...

    Brand management, Marketing, Marketing management 610  Words | 3  Pages

  • Internet Marketing

    the role internet marketing has within a modern marketing context P2 describe how selected organisations use internet marketing Internet Marketing Internet Marketing, or online marketing, refers to advertising and marketing efforts that use the web and e-mail to for direct sales, as well as sales leads from websites or emails. Today, Internet Marketing is evolving into a broader mix of components a company can use as a means of increasing sales. The benefits of internet marketing is that...

    Affiliate marketing, Internet marketing, Interpersonal relationship 1650  Words | 4  Pages

  • Does the Marketing Mix Contribute to the Success of Ryanair?

    critically assess whether the marketing mix contributes to the success of the organization: Does the Marketing Mix contribute to the success of Ryanair? Student ID: 8392312 Course Code: BMAN70441 1. Introduction The marketing mix is an essential perspective in both marketing research and implementation. As the most common concept of the marketing mix, the classification of four Ps (Product, Price, Promotion and Place) is generally considered the synonym of the marketing mix and has been used by marketers...

    Marketing, Marketing mix, Marketing plan 2336  Words | 7  Pages

  • Marketing Mix

    Marketing Mix What is the Marketing Mix? Professor E Jerome McCarthy first used the term Marketing Mix in the 1960's. He suggested that it contained 4 elements, which are now commonly referred to as the 4 P's, which are used to describe the position of a product in a marketplace. They are the variables that marketing managers can control in order to best satisfy a customer in a target market. The 4 P's are: 1. Product – The product is the physical product or service that it is offered to the...

    Chocolate, Customer, Customer relationship management 1474  Words | 5  Pages

  • Marketing Mix

    Marketing Mix MKT/421 May 23, 2011 Niesce Upshaw One of the major factors of modern marketing is the development of an effective marketing mix. The marketing mix is made of the four P’s, Product, Price, Place, and Promotion. It is these four factors that are the groundwork for any business and often times is the major factor on whether a new business will succeed or fail. To really understand the marketing mix it is best to break down the 4 parts and see what makes up each element...

    Marketing, Marketing mix, Marketing plan 1597  Words | 5  Pages

  • Marketing Mix

    Q1 Explain Marketing Mix for these Products and Service industries with suitable example of a company. 1) FMCG 2) Telecom 3) Education Answer : Marketing Mix of FMGC Product : Colgate[ Sensitive toothpaste ] : Product: " Colgate sensitive toothpaste is toothpaste which provides relief to sensitive teeth. " Some people's teeth's are normally sensitive towards special kind of conditions like when coming into contact with hot or cold substances. " Here this toothpaste provide relief...

    Business, Customer service, Marketing 1398  Words | 6  Pages

  • Marketing Mix

    Marketing Mix Paper Marketing mix might be considered the most important term in marketing. The marketing mix components are basic foundation of a marketing plan. The marketing mix consists of the four P's which are price, place, product, and promotion. By using the marketing mix you can vary the offers of services that you give to your customers. For instance when you are a big name brand corporation you might focus more on promoting and desensitize the focus on price. According to the marketing...

    Credit, Credit history, Credit rating 1599  Words | 5  Pages

  • Marketing

    1: You are the Marketing manager for Ford cars, Phnom Penh. Your staff is confused regarding the five different Marketing concepts. You are discussing these concepts with your staff. Answer: Production concept holds that consumers will favor products that are available and highly affordable. This concept is one of the oldest orientations that guide sellers. The production concept is still useful philosophy in some situations. However the production concept can lead to marketing myopia. Product...

    Baby boomer, Demographics, Ford Motor Company 1444  Words | 5  Pages

  • Stp- Marketing

    Positioning • Segmentation: grouping consumers by some criteria • Targeting: choosing which group(s) to sell to • Positioning: select the marketing mix most appropriate for the target segment(s) segment market choose target(s) position product(s) Segmentation • Segmentation = grouping consumers by some criteria, such that those within a group will respond similarly to a marketing action and those in a different group will respond differently. Entire Market “Segment 1" “Segment...

    Burger King, Burger King advertising, Cost 493  Words | 5  Pages

  • What Does the Term Marketing Mean?

    Marketing Principles Assignment “What does the term marketing mean? Many people think of marketing only as advertising and selling… although they are important they are only the tip of the marketing iceberg” (Kotler et al., 2008:6). Discuss this statement. Introduction Marketing is always one of the most significant parts in ensuring a successful business strategy. Saying so, what does the term marketing mean? Marketing, referred by McDaniel (2006), is an organizational function...

    Abraham Maslow, Business, Fundamental human needs 909  Words | 3  Pages

  • Marketing Mix

    fundamental facts in marketing is that every product has a target audience. Rarely are there products that cross all age, gender, social background, ethnic group, etc., in their appeal. Although not impossible, if there ever were such products, they are extremely few and far between. Why is it important to understand that each product has a specific target audience? Because, without identifying the target audience, one is unable to utilize the marketing mix to build a successful marketing strategy. According...

    Four Ps, Marketing, Marketing mix 1253  Words | 4  Pages

  • Internet Marketing Saves Time and Cost

    Term paper “Internet marketing saves time and cost” Nowadays because of technological changes it becomes very easy for every marketer to market the product or business through internet. The growth of Internet technology has enormous potential as it reduces the costs of product and service delivery and extends geographical boundaries in bringing buyers and sellers together. The Internet provides opportunities for an organization to enhance its business in a cost-effective and practical...

    Affiliate marketing, Geo, Internet 1929  Words | 6  Pages

  • Marketing Mix

    Marketing Mix P-BSBMX4-MKT-421 Robert Deer January 28, 2006 Abstract A Marketing Mix is a combination of product, packaging, price, channels of distribution, advertising, promotion, and personal selling to get the product in the hands of the customer. Throughout this paper we will be discussing the 4 P's of Marketing and provide examples of Marketing Mix. (Kyle, Bobette). Marketing Mix The Marketing Mix is based on the fact that price is not the only factor that decides whether...

    Business, Gross margin, Marketing 1979  Words | 6  Pages

  • Critical Evaluation of the Marketing Mix

    Critical Evaluation of the Marketing Mix “The Marketing Mix is a combination of Product, Price, Place and Promotion (The four P’s) that helps increase sales to the target market” (McCarthy, 1960 cited in Combe 2006 p126) This systematic tool is more commonly used once a business has decided on its overall competitive marketing strategy. This includes analysing marketing opportunities and selecting a target market. The development of the four P’s to the advantage of a specific business can be...

    Distribution, Marketing, Marketing strategy 1126  Words | 4  Pages

  • Mkt/ 421 Marketing Mix

    Marketing Mix Kesia Mulrain MKT/421 Monday 8, 2013 Robert McGeary Marketing Mix Marketing mix also (known as the 4 P's: Product, Price, Place, Promotion) are four important elements concerning marketing. The marketing mix became popular in 1964 after an article was published by Neil H. Borden. The article was called, The Concepts of the Marketing Mix. The article described the marketing mix a mixer of ingredients [ (Silverman, 1995, p. 1 par. 3) ] This paper will describe the 4 P's, how...

    Apple Inc., Apple Store, Marketing 1602  Words | 5  Pages

  • Nando`S Marketing Mix

    of producing a single products or unit measure of output or service. The budget unit cost is a plan or forecast, of a single unit measure of output or service. The conclusion is that the cost of goods and services is more expensive. (3) The cost variable report can assist you to select the right cost by giving you the list of all the expenses and allowing you to choose which expenses to cut that may be less important. e.g the cost varience report may have electricity bill, goods and office refreshments...

    Cash flow, Economics, Income statement 969  Words | 3  Pages

  • Marketing and Question

    typical marketing mix variables that occur in each stage. Provide an example of a product or service that you feel reflect each stage of the product life cycle and justify your reasoning. New Product Development (Chapter 9) Question 4 List and briefly explain the stages in the consumer decision process. Explain the influences that can impact on the consumer decision process. Use the purchase of a car or phone to demonstrate your understanding. Identify at what stage/s the marketing mix might...

    Distribution, Marketing, Marketing management 1088  Words | 5  Pages

  • Marketing Mix

    The marketing elements center around four distinct functions, sometimes called the Four Ps: product, place, price, and promotion. These combinations of marketing elements are used in a selling a product. These functions are considered in planning a marketing strategy, and any one of these Ps enhanced, deducted, or changed in some degree in order to create the strategy, this are necessary to be efficiently and effectively to sell a product. The combination of the four controllable variables of Product...

    Distribution, Marketing, Marketing mix 1287  Words | 4  Pages

  • Marketing Mix

    Introduction to Marketing Management Marketing management is a process of planning and executing the conception, promotion, pricing and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational goals. Marketing management is a process which involves analysis, planning and implementation. It also involves the control of goods, services and ideas. The goal of marketing management is to provide satisfaction for parties involved. Marketing management’s...

    Distribution, Fast food, Marketing 1068  Words | 4  Pages

  • Internet Marketing

    P1 Describe the role internet marketing has within a modern marketing context (a) Tesco’s PLC - is a global grocery and general merchandise retailer. They are the third biggest retailer in the world measured by revenue and the second largest by profits. They have stores in 14 countries across Asia, Europe and North America and are the grocery market leader in the UK. (b) Easy Jet PLC -The airline was established in 1995. Easy jet is a British airline which carries the most passengers than any...

    Business, EasyJet, Marketing 735  Words | 3  Pages

  • Marketing Mix

    Evaluate and determine the marketing mix Submission details Candidate’s Name Phone No. Assessor’s Name Phone No. Assessment Site Assessment Date/s Time/s This Assessment Task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor. Submit this document with any required evidence attached. See specifications below for details. Performance objective The candidate must demonstrate the ability, knowledge and skills...

    Abbas Kiarostami, Customer service, Marketing 557  Words | 3  Pages

  • Marketing Mix - 4Ps of Marketing Mix

    Marketing mix can be describes as "the use and specification of the 4 Ps describing the strategic position of a product in the marketplace… A prominent person to take centre stage was E. Jerome McCarthy in 1960; he proposed a four-P classification which was popularized. (wikipedia.com)" The marketing mix approach to marketing is a model of creating and implementing market strategies. The marketing mix stresses the mixing of different factors in a way that both organizational and consumer or target...

    Advertising, Marketing, Marketing management 1230  Words | 4  Pages

  • Marketing Mix

    The marketing mix is primarily made up of four variables, and they are product, place, price, and promotion. These variables are often referred to as the four P's. Many sources often describe the marketing mix as a recipe used in developing a viable marketing strategy, with each ingredient being used different ways and at different times based on the product or service one is trying to market. This paper will utilize three sources to describe the elements of the marketing mix. It will also describe...

    Distribution, Marketing, Marketing management 1080  Words | 4  Pages

  • Marketing Mix Finagle a Bagel

    Assignment: Marketing Mix Finagle a Bagel Maria Mella MT219 Marketing Professor Nora King April 5, 2010 “Finagle a Bagel” Maria Mella 1. Describe Finagle A Bagel's marketing mix. Marketing Mix is four activities- products, pricing, distribution and promotion - that a firm can control to meet the needs of customers within target market. Finagle a Bagel uses all four marketing mix variables. The product, pricing, and distribution are the variables that firm’s marketing department enforces...

    Bagel, Customer service, Firm 1560  Words | 5  Pages

  • Marketing Mix

    Marketing Mix The marketing mix is primarily made up of four variables, and they are product, place, price, and promotion. The marketing mix is often described as a method used in developing a viable marketing strategy, with each ingredient being used different ways and at different times based on the product or service one is trying to market (QuickMBA, 2007). In order for a company to achieve its goals, the company must have a strategy that mixes the correct elements of marketing. The term Marketing...

    Athletic shoe, Footwear, Marketing 917  Words | 3  Pages

  • The 7 P's of Marketing Mix

    THE 7 P'S OF MARKETING MIX 1.INTRODUCTION Marketing professionals and specialist use many tactics to attract and retain their customers. These activities comprise of different concepts, the most important one being the marketing mix. The marketing mix helps marketing companies to develop better strategies, so that the product or service they offer would target their target market accurately. When marketing a product the marketing company should have a unique selling proposition this attracts...

    Customer, Customer service, Marketing 1883  Words | 6  Pages

  • Marketing Mix Paper

    Marketing decisions generally fall into four categories; product, price, place and promotion. These categories together, are known as the marketing mix, or the 4 P's of marketing. Subject to the internal and external constraints of the marketing society, the marketing mix gives marketing managers controllable parameters to make decisions that are centered on customers in the target market. The ultimate goal of the marketing mix is to create value and generate a positive response for any organzition...

    Marketing, Microsoft, Microsoft Office 1654  Words | 5  Pages

  • Marketing Mix.

    Marketing Mix Paper Mark Moeller University of Phoenix MTK421 Marketing Laurence Hanson September 26, 2008 Marketing Mix Paper In today’s global market organizations need to understand how marketing mix works to ensure a productive and profitable future. Marketing specialist has several decisions to make to ensure product goals is made and marketing mix works as a way to organize the decisions in to four smaller, manageable section call the four P’s...

    Marketing, Marketing management, Marketing mix 1196  Words | 4  Pages

  • Marketing

    [pic] MARKETING ASSIGNMENT 1 Group name: Felipe Ovalhe Bueno- Student ID: 2013204 Paula Andia- Student ID:2013211 Priscila Miyamoto-Student ID: Talumba Rashid-Student ID:2013328 Table of Report: Introduction ...

    Customer, Customer service, Market segmentation 1475  Words | 6  Pages

  • What Is Marketing?

    (1)What is marketing? According to Philip Kotler, “Marketing is human activity directed at satisfying needs and wants through exchange process”. There are many definitions of marketing but one of the simplest explanations is that: “Marketing is getting the right product or service in the right quantity, to the right place, at the right time and making profit in the process”. Marketing deals with identifying and understanding your customer and giving them what they want. It’s not just about advertising...

    Business, Distribution, Marketing 796  Words | 3  Pages

  • Marketing Mix

    | Fundamentals of Marketing introduces you to the essentials of marketing including the key concepts, methods of analysis, strategies and tactics critical to managing profitable customer relationships in today�s dynamic and connected environment. This course will be focusing on the south Asian perspective and as the text book is recommended in this light. | Course Objective | On successful completion of this unit you should be able to: Identify the role that marketing plays in both business...

    Advertising, Communication, Education 633  Words | 3  Pages

  • The Coca-Cola Marketing Mix

    COCA-COLA MARKETING MIX The Coca-Cola Marketing Mix 1 2 THE COCA-COLA MARKETING MIX Abstract The marketing mix is known as the 4 P’s or the product, price, place and promotion of Marketing. It is a marketing strategy that company’s use to estimate the value and determine the methods of advertising and distributing its products. Coca-Cola has been long admired for its approach to marketing. Over its 127 year history, Coca-Cola’s efforts to refine and perfect its marketing mix has allowed...

    Advertising, Coca-Cola, Diet Coke 1143  Words | 5  Pages

  • The Marketing Mix In Marketing Strategy

    The marketing mix in marketing strategy: Product, Price, Place and Promotion The marketing mix is the set of controllable, tactical marketing tools that a company uses to produce a desired response from its target market. It consists of everything that a company can do to influence demand for its product. It is also a tool to help marketing planning and execution. The four Ps of marketing: product, price, place and promotion. The marketing mix can be divided into four groups of variables commonly...

    Advertising, Coca-Cola, Marketing 864  Words | 3  Pages

  • Marketing Mix

    BSBMKG502B Establish and Adjust the Marketing Mix Summary ------------------------------------------------- The largest moto fashion retrailer in AUS is the slogan of Braaap. This paper would explained the market mix strategies used at Braaap to become a successful company in business of dirt bike, pit bike and mini bike. Pricing, Promotion, Products, Channels of distribution and Customer Serviced are the key ingredients at Braaap. The report would give the samples approaching to customer...

    Customer, Customer service, Marketing 1907  Words | 6  Pages

  • The Role of Marketing Mix in an Organisation

    THE ROLE OF MARTEKING MIX IN AN ORGANISATION ABSTRACT: The marketing mix is an integral tool in building an effective marketing strategy and implementing it with tactics. The main objective of this study is to understand the role of marketing mix. This study can be used as a tool to assist in pursuing marketing objectives. Marketing mix: is a business tool used in marketing and by marketing professionals. The marketing mix is often crucial when determining a product or brand's offering, and...

    Distribution, Marketing, Marketing mix 2012  Words | 6  Pages

  • Marketing Mix

    called the “Marketing Mix” to provide the unique quality that the item for consumption is a need. This tool is made up of a set of controllable factors that can be adjusted until the precise combination is established to satisfy the needs or wants of consumers in a particular target market while generating a profit. The Marketing Mix is made up of four factors. They are product, price, place and promotion. The product can be referred to as the physical product or service that satisfies what a consumer...

    Apartment, Capitalism, Free market 1405  Words | 4  Pages

  • marketing mix

     ANALYSIS OF MARKETING STRATEGY (MARKETING MIX AND PROMOTIONAL MIX) OF COCA COLA INTRODUCTION Coca-Cola is one of the most widely used soft drinks in the world. There is a great variety of brands offered by Coca-cola like diet Coke, Sprite, RC Cola, Minute Maid etc. You can find the Coca-cola soft drinks in any places. In 1919 Coca-Cola decided it was time to go global. The Coca-Cola Company decided to take its operations beyond national boundaries and marketing research was started...

    Advertising, Brand, Coca-Cola 2008  Words | 6  Pages

  • Marketing Mix

    Marketing Mix Michael Anderson MKT/421 May 30, 2011 Gabriel Renero According to the text-book Marketing an Introduction “Guided by marketing strategy, the company designs an integrated marketing mix made up of factors under its control—product, price, place, and promotion to find the best marketing strategy and mix” (Armstrong & Kotler, 2009,  p. 47). In order to understand the marketing mix one must...

    Coca-Cola, Gatorade, Marketing 1466  Words | 5  Pages

  • Elements of Marketing Mix

    Elements of Marketing Mix "A typical marketing mix includes a product, offered at a price, with some promotion to tell potential customers about the product, and a way to reach the customer's place" (Perreault & McCarthy, 2004, pg. 36). A company will use the marketing mix in order to control variables in marketing to satisfy a target group. This paper will describe the four elements of the marketing mix; product, place, price, and promotion. In addition, the four elements of the marketing mix will be...

    Coffee, Consultative selling, Marketing 1463  Words | 5  Pages

  • Marketing Mix

    The Marketing Mix at Wal-Mart Inc. MBA 6012 – Section 102 Unit 1 – Assignment 1 02/24/2013 Marketing is essential to any type of company. In order to be successful in marketing, a firm must achieve the optimal marketing mix. While for the most part, Wal-Mart Inc. has been successful in marketing, there are some areas which could use improvement. Their marketing mix, much like in other companies, consists of the four P’s. All-together, Wal-Mart Inc. has done well in marketing. To begin...

    Marketing, Marketing mix, Promotion 920  Words | 3  Pages

  • Marketing Mix

    Marketing Mix A marketing mix refers to the actions or strategies adopted by a company in a bid to present itself favorably to potential customers existing in its market. The choice of the marketing mix to be adopted by a company is usually aimed at ensuring that a company maintains and increases its level of sales. The four main components that make up a marketing mix include a company’s products, price, promotion and place of sales. Each of the marketing mix components mentioned above affect...

    Coca-Cola, Cola, Marketing 1327  Words | 4  Pages

  • Marketing Mix

    Market Mix Paper The purpose of this paper is to describe the elements of the marketing mix which is product, place, price and promotion. In addition, selecting the organization whom I work for which is DirecTv and describe how each one of the four elements of the marketing mix impacts the development of DirecTv’s marketing strategy and tactics. This paper will also be describing how each element is implemented. The concept or term of “marketing mix” became popular after Neil H. Borden published...

    Digital video recorder, High-definition television, Marketing 881  Words | 3  Pages

  • marketing mix

    The concept of marketing myopia was originally proposed by Theodere Levitt, a famous American economist in Harvard Business Review,1960.According to levitt, marketers often overlook the importance of customers potential and product attributes at the cost of company’s requirement; catering for the marketing needs should be a prerequisite factor that marketers should focus upon. When an organisation turns into a state of growth, it gets distracted what customer needs are and that leads to complacency...

    Business, Customer, Harvard Business Review 826  Words | 3  Pages

  • Marketing Mix

    The 4Ps and the marketing mix The 4Ps are the ideas to consider when marketing a product. They form the basis of the marketing mix. Getting this mix right is critical in order to successfully market a product. The 4Ps are: 1. Product 2. Price 3. Promotion 4. Place If market research is carried out effectively, a company can plan a promotion for the right product, at the right price, and to get it to their chosen market, in the right place. Now look at the 4Ps in more...

    Business, Distribution, Marketing 708  Words | 3  Pages

  • marketing mix

     Topic: Marketing-(Nike, Inc.) Introduction Nike was the Goddess of victory in Greek mythology. In 1978 an athlete runner Philip Knight and his coach, Bill Bowerman renamed their small sportswear company as Nike. Since then, the business has increased dramatically. At present Nike, Inc. has already become a major public traded sportswear and equipment supplier in the United States. It is the world's leading supplier of athletic shoes and apparel and a major manufacturer...

    Customer, Marketing, Marketing plan 1773  Words | 6  Pages

  • Marketing Mix

    Marketing Mix and Nike In order to determine the proper marketing method in delivering products it is vital to keep analyzing certain factors. These elements are often described as the Marketing Mix and consist of: product, place, price, and promotion. Product It is essential to have a product and to be able to market it successfully to consumers. A product does not necessarily have to be a tangible good, but instead could be some service based good. Whether the good is tangible or...

    Athletic shoe, Cost, Marketing 1182  Words | 4  Pages

tracking img