Preview

Product and Service Classifications

Good Essays
Open Document
Open Document
838 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Product and Service Classifications
MARKETING ESSAYS 236 – Product and service classifications
Products and services wide range, whether for personal use or business. Tangible, intangible. Depend on function they serve. Can be raw, unfinished or final goods. Generally classified depending on domestic use (final) or conducting business (further processes)
Organisation, person, place and idea (IS) marketing OPPI

Organisation marketing - Activities to sell the org
Create, change, maintain the attitudes and behaviour s of target consumers toward an organisation
Business firms sponsor PUBLIC RELATIONS or CORPORATE IMAGE advertising campaigns to improve image or market themselves to publics and stakeholders.

Helps to market for free in media and improve investment confidence and improve sales from getting publicity

Person marketing – Used to build reputation of people – recognised/business people.
Create, change, maintain attitudes towards specific people. Make use of well- known people to represent products to help them sell. Eg Bic razors with Tendai Mtawowira aka “the Beast”
Skillful marketing can turn person’s name into a powerhouse brand. Eg Donald Trump and his self- titled products.

Place marketing –
Create, change, maintain attitudes toward specific places from local to international.
Places are competing against each other for tourism business. Eg Tomorrow land in Belgium and Ibiza in Spain both well- known party places of the world.

I.S
Ideas marketing and social marketing can be general or specific
The diffusion of notions which help market a product or service. It is more than advertising, it encourages the broad range use of marketing tools = all marketing strategies Like advertising that Colgate toothpaste is number 1 
Part of this marketing is social marketing – process of planning campaigns that influence individual’s

You May Also Find These Documents Helpful

  • Better Essays

    Jc Penny

    • 1009 Words
    • 5 Pages

    Being a publicly traded company offers publicity. Usually when major companies are public they are recognized in the newspapers and different magazines. This is a great way to get free advertising. Advertising of a company usually will help the sales and revenue goals. (Jean L. Johnson, 2011) This expands the reach of J.C. Penny’s.…

    • 1009 Words
    • 5 Pages
    Better Essays
  • Best Essays

    When bringing the new product or service into the market, without a plan in place for its targeted consumers, sector, location, sales and distribution tactics there will be several issues and challenges to face. According to Bloom, if all these problems are anticipated and handled creatively, social marketing efforts can succeed (Bloom, 1981).…

    • 1438 Words
    • 6 Pages
    Best Essays
  • Best Essays

    Dann, S., & Dann, S., (2006) Insight and overview of Social Marketing, Brisbane, Queensland University…

    • 1918 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    This helps to inform, remind, persuade, and change attitudes of the consumers. It can also reposition a brand and help to differentiate a product from the rivalling competitors. This is done through T.V., radio, newspapers, magazines, billboards, internet, tele-text, pint-of-purchase, packaging, exhibitions and cinemas.…

    • 7833 Words
    • 32 Pages
    Powerful Essays
  • Good Essays

    general media exposure. One of the most mainstream tactics to market a product to a…

    • 964 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Throughout the twenty-first century, social marketing has become exceedingly popular among businesses; not matter the size. Marketing and technology have ultimately taken over the world, allowing individuals round the clock access to the Internet, music, emails, televisions, and video uploads all via their cellular device. Social media marketing as become remarkably popular among businesses such as Pepsi refresh project (Boone, L.E. & Kurtz, D.L. pg.354). This viral marketing launch became a year long initiative in which consumers created a short video that would benefit their communities. This particular marketing strategy was popular in the advertisement of Pepsi’s products without it costing anyone anything. When the videos went viral, Pepsi was able to save money on the cost of advertisements, and spend the money they saved elsewhere. Companies that evolve into social medical marketing will be able to increase exposure to their companies, gain additional web traffic, potentially increase sales and gain customers. Social media marketing is the new way of the world for companies interested in expanding their brands; therefore, more companies are investing more of their money in social media.…

    • 1235 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    diversity training teach

    • 7319 Words
    • 23 Pages

    Marketing is the process of teaching consumers why they should choose product or service over competitors. The key is finding the right method and defining the right message to use to educate and influence consumers. Companies make the mistake of thinking that marketing is just one thing, but marketing is everything that the consumer encounters when it comes to business, from advertising, to what they hear, to the customer service that they receive, to the follow-up care that provide. It’s all marketing and creating the decision within the consumer whether or not to choose initially or for repeat business.…

    • 7319 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    Defining Marketing Paper

    • 837 Words
    • 4 Pages

    Marketing is in a part of everyone’s daily lives. We see it the moment we turn on the television, when we go to the grocery store, and even at our jobs. When I think about marketing, I think about all of my favorite restaurants, places to go, favorite clothing brands, and shoes. All of my favorite things come to mind when we discuss the concept of marketing. When I think about marketing, I think of all of the companies that produce my favorite things. Marketing campaigns are those people who work on making the products, finding defects and making improvements, innovating and designing. I also believe that those people are interested customer satisfaction. Those people influence me to keep buying my favorite things.…

    • 837 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Social Marketing - This can be defined as an approach used to develop activities aimed at changing or maintaining people’s behaviour for the benefit of individuals and society as a whole. Social also involves consideration of products planning, pricing, communication, distribution and marketing research.…

    • 723 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    When employed by a company or corporation it is sometimes called corporate advertising” (Marketing Power Inc, 2008). Institutional advertising takes a much broader approach, concentrating on the benefits, concept, idea, or philosophy of a particular industry. Companies often use it to promote image-building activities such as an environmentally friendly business practices or new community-based programs that it sponsors. Moreover, it is closely related to public relations, since both are interested in promoting a positive image of the company to the public. For example, a large lumber company may develop an advertising theme around its practice of planting trees in areas where they have just been harvested. This can help company’s name in a positive light with the general public because the replanting of trees is viewed positively by most people (Chauhan, 1995).…

    • 2621 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    As defined by Mullins and Walker (2013), marketing is a social process involving the activities necessary to enable individuals and organizations to obtain what they need and want through exchanges with others and to develop ongoing exchange relationships (p. 5).…

    • 2331 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Marketing Principles

    • 4269 Words
    • 18 Pages

    “Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development.” (Kotler P, et al 2009)1…

    • 4269 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    Social Change Media consultant Les Robinson explains the 7 Doors Model he developed for designing and evaluating behaviour change programs.…

    • 13185 Words
    • 53 Pages
    Powerful Essays
  • Good Essays

    Body Image Research Paper

    • 819 Words
    • 4 Pages

    Social marketing is based on one premises. Since marketing has been largely successful in making people chose to buy some products as opposed to competing products, then the same techniques should be effective in encouraging people to adopt certain behaviours that would lead to better physical and mental health, and eventually a wide-scale social change. Social marketing borrowed concepts from psychology, sociology, communication, and preventive medicine. Social marketing theory is an interdisciplinary venture that requires collaborative research between scholars in several traditional disciplines…

    • 819 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    According to Philip Kotler marketing can be defined as “a social and managerial process by which individuals and group obtain what they need and want through creating, offering and exchanging products of value with others”.…

    • 11039 Words
    • 45 Pages
    Powerful Essays

Related Topics