Preview

Case Study Unit 7 Kristal Water

Good Essays
Open Document
Open Document
697 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Case Study Unit 7 Kristal Water
PRESENTATION UNIT 7
MARKETING

Good afternoon Ladies & Gentlemen! Welcome to our group’s presentation. Please allow me to introduce myself. My name is Nhu & the purpose of today’s presentation is to discuss the topic “Marketing”. I hope my presentation isn’t going to take too long and that you will find it interesting. So as not to waste your precious time, let get started right now.
As you know, marketing is one of many important fields in business. Marketing mix has 4P’s including: product ( goods or services are available), price ( the cost to the buyer of goods or services), promotion ( inform customers about products and persuade them to buy) and place ( where goods or services are available). When the company wants to increase its profit through buying product, marketing mix is very necessary.
Now I think we are all clear about what marketing is. So let consider the real issue: KRISTAL WATER. Let take a look at their background & their launch for the product. Firtstly, about the background: Kristal is a bottled water, it’s manufactured by a US company (HFDP). It is advertised as the purest water in the world and its target is have a healthy lifestyle. And here is their launch: Kristal was launched last year in California. Its slogan is “ There is no purer drink in the world” and it’s sold at the price $3. It’s sold in clear glass bottles are in 1-litter sizes. The brand name is Kristal is printed in large black letters on the label, with a picture of a waterfall. And it is available in delicatessens and health food shops. But after 6 months, the product launch was a failure. Sales were 60% below forecast and very few people knew this product. The question is WHY?
Let have a look at the places where Kristal and some competing brands are available. As we can see, Kristal is only available in delicatessenes and health food shops while their competing brands are also available in supermarkets and convenience stores that is easier for the

You May Also Find These Documents Helpful

  • Good Essays

    Marketing Mix

    • 687 Words
    • 3 Pages

    Marketing Mix, is the combination of Price, Product, Place and Promotion used by a business.…

    • 687 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Marketing mix is the position of controllable, strategic marketing tools that the organization uses to produce a reaction it wants within a target market (Perreault, Cannon, & McCarthy, 2009, p. 51). Marketing mix consist of the “four Ps”: product, price, place, and promotion (Perreault et al, 2010, p. 51).…

    • 1590 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Marketing and Vegemite

    • 699 Words
    • 3 Pages

    The marketing mix is the marketing decisions of the business for specific goods and services in a market. The marketing mix includes the four P’s: Product, Price, Promotion and Place. Making smart decisions in these four key areas, will ensure success in the marketing of your product.…

    • 699 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Proctor and Gamble

    • 831 Words
    • 4 Pages

    This paper will describe the four elements of the marketing mix (product, place, price, promotion). In addition, it will describe how each element is implemented within a specific organization and how the four elements relate to that organizations marketing strategy. The company used in this example is both a product and service driven company and is in business for profit.…

    • 831 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Marketing Mix (The Four P’s) – Product, Price, Promotion, and Place. These are controllable factors that can be used within the marketing department to solve a marketing problem.…

    • 691 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Lodging Inductry

    • 24746 Words
    • 99 Pages

    Finally, the chapter introduces the various components of the marketing mix: promotion, product, price, and distribution. Distribution is sometimes called place and the marketing mix is called the 4 Ps. Marketing also includes research, information systems, and planning. If marketers do a good job of choosing the appropriate target markets and presenting an effective promotion mix, the result will be attractive products and satisfied customers. This would include identifying consumer needs, developing a good product, and pricing, distributing, and promoting it effectively. This chapter introduces all of these terms and gives an overview of their place in the marketing world.…

    • 24746 Words
    • 99 Pages
    Powerful Essays
  • Good Essays

    Marketing Principles

    • 2032 Words
    • 9 Pages

    Marketing include 4 Ps for marketing mix that is product, place, price and promotion. Product is the good, which is the company want to manufacture. Place is the place where the company sell the product. Price is the value of goods in the society and promotion show products to customers, e.g. advertising, newspaper etc.…

    • 2032 Words
    • 9 Pages
    Good Essays
  • Good Essays

    Bottled Water Analysis

    • 526 Words
    • 3 Pages

    In Annie Leonard’s video “The Story of Bottled Water,” she argues about how bottled water is harmful for the environment, and how they take our money for something that isn't worth it. She also shows us how bottled water companies use three strategies to convince us to buy bottled water. The three strategies that companies use are; “scaring us, seducing us and misleading us” (5). In Leonard’s video, she wants to help her audience understand why they should avoid bottled water and use tap water by explaining the harmful impacts bottled water has on the environment, how it doesn't have any benefits on us and how expensive it is.…

    • 526 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The marketing mix is a very simple tool yet effect is basically a step to step guide on how to market the product(foxall, 1999). The following are the main marketing mix elements which refer to all business however in some cases a further 3 of physical evidence, people and process, all of these ingredients "mask a major role of the retailer which is to select and acquire goods in order to sell their product" (d Gilbert, 1999)…

    • 2081 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Apple Marketing Mix

    • 3821 Words
    • 16 Pages

    Marketing Mix is a major theory in modern marketing that involves basically all that a corporation can utilize to persuade consumer perception auspiciously in favor of its products or its services, in order to meet organizational and consumer objectives. That is, marketing mix involves crafting and implementation of a marketing plan. In this assignment, I will discuss the most important marketing mix variables as grouped by Prof. E. Jerome McCarthy:…

    • 3821 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    A company’s marketing mix allows it to position products in such a way that makes them attractive to potential customers (Boddy 2009 p293). Kotler defines the marketing mix by 4Ps: Product, Price, Promotion and Place (Kotler 2006). Analysing these in turn will show how well the business is doing in the marketing function.…

    • 568 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Marketing Mix Paper

    • 1381 Words
    • 6 Pages

    The marketing mix plays an important part in marketing. The purpose of the marketing mix is to use a combination of tools to satisfy customers and obtain company goals. Often the marketing mix is referred as the four P’s: product, price, place, and promotion. The elements are adjusted until a right combination is found that serves the needs of the product’s customers while generating optimum income” (Marketing Mix, 2010, p. 1). By using the four P’s, most businesses have the ability to connect with consumers within the targeted market. The ability to create a successful marketing mix often has good results. However using the wrong mix can lead to failed marketing strategies which can result in the business dissolving. The key is not to get stuck on one mix, the combination of elements often has better results than just using one. This research paper will review all elements of the marketing mix and how each one plays an important role that organizations must acknowledge in order to be successful.…

    • 1381 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    promotional mix

    • 1718 Words
    • 7 Pages

    The 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 is often synonymous with the four Ps: price, product, promotion, and place; in service marketing, however, the four Ps have been expanded to the Seven Ps or Eight Ps to address the different nature of services.…

    • 1718 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Marketing Mix of Ipad

    • 3469 Words
    • 14 Pages

    Managing and developing marketing mix appropriately is extremely important to firm 's marketing and success. In order to marketing product successfully, the right product must be exhibited to right people at the right place, right price and right time. If a firm can manage the marketing mix successfully, as a result, it can be a source of competitive advantage for firms. Each element of the marketing mix should be analyzed and if necessary, adapted to ensure that the right balance is achieved to give the product or service the very best chance of success in the market place.…

    • 3469 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    A Marketing Mix is a Mixture of marketing techniques such as pricing, packaging, and advertising used to promote the sale of a product or the four P’s (product, promotion, price and place). These are variables that a company may use in mapping a successful marketing strategy. Each P is interrelated to all other P’s…

    • 2203 Words
    • 9 Pages
    Powerful Essays

Related Topics