Describe the elements that make up the marketing mix. Marketing mix often called “4Ps” refers to four elements of a firm’s marketing strategy which are designed to meet the needs of customers. The elements include: Product Price Place Promotion To meet consumers’ needs‚ businesses must produce the right product‚ at the right price‚ make it available at the right place‚ and let consumers know about it through right promotion. PRODUCT: It is the actual offering to the customer. It refers
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Analysis the Extended Marketing Mix Product Samsung touchphones and smartphones have three levels of product: core (they are communicational and fast computing devices)‚ actual (they are branding stylish‚ have high quality‚ great packaging and features)‚ and augmented (they are added with local repair and free upgrade services‚ the warranty). The following products have high quality phone features‚ accessories; including headphones‚ charger‚ manual‚ and a stylish package (Park‚ 2009). Pricing
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of Apple’s products are high quality‚ innovative and modern. The packaging of Apple products are as much important as the actual technologies themselves. Attention the to the fit and finish of the box or packaging is a major part of Apple’s marketing strategy. A great deal of energy is invested in ensuring that every part of their products looks eye-catching‚ from the sleek hardware to the large photos on the box. The packaging is also an essential element to protect the products and package
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NEROLI PORTOFINO PRIVATE BLEND FRAGRANCE 1 Table of Contents Product Details............................................................................................................................3 Core Product...............................................................................................................................3 Actual Product.............................................................................................................................3 Augmented
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Herbal and Nutritional Medicine Herbal medicines are certain types of medicines which are purely made by herbs. They don’t have any side effects‚ mainly because most of them are found in nature and are not harmful to the human body. Many well established medicines originally come from plants which is very interesting and completely opposite of different medicines which are made in labs. For example‚ the painkiller morphine comes from poppies‚ aspirin comes from the bark of willow trees and dioxin
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Coca-Cola Marketing Mix: Product‚ Place‚ Price‚ Promotion Product: In order for an organization to be successful it needs to have a well-defined marketing mix. The marketing mix consists of the four P’s; product‚ place‚ price‚ promotion (Hair‚ Lamb‚ & McDaniel‚ 2006‚ p. 48). Product is defined as “everything‚ both favorable and unfavorable‚ that a person receives in exchange” (Hair‚ Lamb‚ & McDaniel‚ 2006‚ p. 48). The Coca-Cola Company’s products consist of beverage concentrates and
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People should be aware of the benefits as well as the precautions involved in taking these natural remedies. The most common form of alternative medicine nowadays is herbal medicines. These natural remedies can be found in millions of American homes today. Herbal medicine is probably the most widely used of the alternative medicines. Herbal medicine is a part of homeopathy‚ which is an alternative system of healing that uses very small doses of substances to relieve specific symptoms (2). Traditional
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Aren’t herbal products safer than pharmaceutical drugs because they are made from natural ingredients? ------------------------------------------------- http://www.naturalmedicinesofnc.org/FAQs.html While the pharmaceutical industry has made important progress in recent decades in developing reliable‚ effective medications‚ the emphasis on proving efficacy has often overshadowed safety issues. So‚ despite federal drug regulations‚ serious safety problems related to pharmaceutical drugs persist
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Swisher Mower and Machine Company Market and Marketing Mix Target Market Swisher Mower’s primary target market is industrial users located in the non-metropolitan areas. 75% of the company’s sales come from non-metropolitan areas‚ while 30% of sales are generated from wholesalers and 20% from dealer sales. Their target market is also in the Midwest and Southeast regions of the US. More specifically‚ Swisher targets consumers with over an acre of land and farmers with several hundred acres of
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iPhone 4S Marketing Mix Torrence C. Jones AIU Abstract The product which I have chosen for this assignment is the iPhone 4S. The iPhone 4S has new features which includes a newer camera‚ a larger memory capacity‚ a personal talking assistant‚ and the ability to distinguish different text messages with different ringtones as well as a new no wire sync. iPhone 4S Marketing Mix The iPhone 4S is one of the first to have a talking assistant to help you out with your everyday needs. It supports
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