BANKING SERVICE MARKETING MIX SERVICE MARKETING MIX ELEMENT The service marketing mix comprises off the 7p’s. These include: * Product * Price * Place * Promotion * People * Process * Physical evidence. PRODUCT: 1. BANK PRODUCTS (A)DEPOSITS: savings‚ current‚ fixed etc. (B)ADVANCES: (1) FUND ORIENTED: a. Term loan‚ b. Clean loan‚ c. Bill discounting‚ d. Advances‚ e. Pre-shipment finance‚ f. Post-shipment finance‚ g. Secured and unsecured lines of credit
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The Marketing Mix and the Four P’s The marketing mix is what most marketing people call "the 4 P’s" and it consists of Product‚ Price‚ Place‚ and Promotion. "Some people will increase the marketing mix to the "five P’s"‚ to include people. Others will increase the mix to "Seven Ps"‚ to include physical evidence (such as uniforms‚ or facilities) and process (i.e. the whole customer experience e.g. a visit to Disney World)" (Marketing Teacher‚ 2000). The marketing mix is a very important aspect
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Contents Introduction 3 Objectives 3 Methodology 3 Understanding marketing mix and the four Ps 4 Marketing Mix Strategy Using Four P’s 6 Product 6 Product differentiation 7 Feature 7 Ingredients 8 Quality 8 Packaging 9 Price 10 Discount 12 Allowances 12 Payment Period or Credit Terms 12 Place 13 Channels 14 Transport 15 Coverage 15 Promotion 16 Sponsorship 18 Personal Selling 19 Public Relations 19 Internet marketing 19 Sales Promotion 20 Advertising 20
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Case Studies - Answers to the Questions B2B Marketing Managers At Savvy B2B Marketing‚ we thrive on different perspectives and new ideas‚ which is why we are thrilled to welcome today’s guest blogger‚ Casey HIbbard‚ also known as the queen of case studies. In her blog - Stories that Sell - Casey shares success-story marketing best practices. More fantastic guests are planned for the weeks ahead‚ so stay tuned. Customer case studies are high-value‚ in-demand marketing and sales collateral.
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INTRO:- MAGGI Maggi is an over 100-year-old Nestlé brand of instant soups‚ stocks‚ bouillons‚ ketchups‚ sauces‚ seasonings and instant noodles. The original company came into existence in 1872 in Switzerland‚ when Julius Maggi took over his father’s mill. It quickly became a pioneer of industrial food production‚ aiming at the improvement of the nutrition of worker families. Over time the scope of MAGGI has been extended from a predominantly dehydrated cooking aid brand towards a general savory
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Outback steakhouse Marketing Mix- 4ps 1. Product Outback steakhouse is an Australia or American style restaurant. Outback emphasizes “fresh” spirit inspires everything. One of the corporation’s slogan is “It’s always fresh in the outback”. All menu items are made fresh daily‚ and sourced from around the world to keep high quality ingredients. The specialist appetizer is bloomin’ onion while steak is the most important product. Beef required exceed all USDA standards‚ and all approved beef suppliers
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SUBJECT:- MARKETING MANAGEMENT TOPIC:- MARKETING MIX OF COCA COLA COLLEGE:- SOMLALIT INSTITUTE OF BUSINESS MANAGEMENT PREPARED BY:- JAY BHATT DOLLY CHAUHAN JIGNESH DATTANI LALIT PARAJIYA ASRAR TALAT ROHIT KATHODI INDUSTRY PROFILE:- Soft Drink demand market is very strong all over the world. Now there are 2 major Company of Soft Drinks • Coca Cola • Pepsi Co they are competitors to each other. The world’s largest beverage’s company Coca Cola began more than a century
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It can be defined as a combination of elements that you will use to market your product. The elements also called the 4P’s are Price‚ Product‚ Place and Promotion The Distributors were not aware of the facts of the product and were not able to put this across to the consumer. Few of Amway’s products were concentrates and the distributors were not able to convey this to the consumer‚ they were not sure about the price value of the product and were unable to convince the customer to buy it. Prior
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Mixed Methods as a Means to Overcome Methodological Limitations of Qualitative and Quantitative Research Recent meta-analyses about mixed method studies (cf. Bryman 2005) have shown that qualitative and quantitative methods are often combined in ways which lead to unrelated research results. One reason for this could be the fact that the ongoing discussions surrounding Mixed Methods still fail to address important methodological issues referring to the methodological limitations of both qualitative
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Strategic Planning: Three Key Areas • Managing a Company’s businesses as an investment portfolio. • Assessing each business strength by considering the market’s growth rate and a company’s position and fit in that market. • Establishing a strategy for each business. Corporate and Division Strategic Planning • All corporate headquarters undertake four planning activities – Defining the Corporate Mission – Establishing Strategic Business Units (SBUs) – Assigning resources to each SBU – Planning new
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