International Journal of Marketing Studies Vol. 1‚ No. 1 A Review of Marketing Mix: 4Ps or More? Chai Lee Goi Department of Marketing & Management‚ School of Business‚ Curtin University of Technology CDT 250‚ 98009 Miri‚ Sarawak‚ Malaysia Tel: 60-85-443-939 E-mail: goi.chai.lee@curtin.edu.my Abstract The main objective of this study is to review the present marketing mix applies particularly to the marketing. This study provides an idea to the marketers and can be used as tools to assist them
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MindaNews Region 12‚ ARMM get P6.36B for 4Ps GENERAL SANTOS CITY (MindaNews/28 July) — The national government has released a total of P6.36 billion in cash grants in the last three years to beneficiaries of its flagship conditional cash transfer program in Region 12 and parts of the Autonomous Region in Muslim Mindanao (ARMM). Bai Zorahayda Taha‚ Department of Social Welfare and Development (DSWD) Region 12 director‚ said Monday such amount was released directly to 222‚366 “poorest of the
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SAVONIA UNIVERSITY OF APPLIED SCIENCES UNIT OF BUSINESS AND ADMINISTRATION‚ KUOPIO RESEARCH ON MARKET READINESS FOR FASHION BRAND ENTRY INTO SHIJIAZHUANG Feasibility Study of H&M Company Entry into Shijiazhuang Market Mengjia Chang Business Administration Bachelor‟s Thesis Degree Programme in International Business April 2011 2 SAVONIA UNIVERSITY OF APPLIED SCIENCES UNIT OF BUSINESS AND ADMINISTRATION‚ KUOPIO Degree Programme‚ option Degree Programme in International Business
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marketing academia as the 4Ps Marketing Mix framework‚ “the Rosetta stone of marketing education” according to Lauterborn (1990). The Mix has its origins in the 60’s: Neil Borden (1964) identified twelve controllable marketing elements that‚ properly managed‚ would result to a “profitable business operation”. Jerome McCarthy (1964) reduced Borden’s factors to a simple fourelement framework: Product‚ Price‚ Promotion and Place. Practitioners and academics alike promptly embraced the Mix paradigm
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fit the need? Will he recommend or criticize? • The competitors Who are they: direct or indirect‚ actual or potential What are they: size‚ market position (leader‚ challenger‚ specialist) What are their resources and positioning (4Ps) • The distributors State: concentrated or spread out Profile: generalists‚ specialists Strategies: differentiation (from others)‚ own brands The marketing diagnosis: the SWOT analysis • Opportunities & Threats:
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Use information from page 1 to page 3. 2. What was Lopdrup’s positioning strategy when he took over in 2004 (you may also approach this question discussing its target customer‚ benefits promised‚ and its competitive frame starting 2004)? How were the 4P changed to support the new positioning? Were these efforts working? ---- Use information under section “2004: Invigorating the rand and Business” 3. Should Lopdrup make Experiential the target segment and modify Red Lobster’s positioning accordingly
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Mix Map Model Mixmap model provides information that helps the company to determine the factors that effectively analyse the present tactics and based on the analysis it can determine future tactics. Mixmap model includes 4P’s‚ Product life cycle‚ BCG matrix and Ansoff matrix. * Product life cycle - Product life cycles (PLC) are the stages that a product goes through during its life cycle in the market. Product life cycle is used in order to show current stage of the product or the company
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Pilipino Program (4Ps) 4Ps is a poverty reduction strategy that provides grants to extremely poor households to improve their health‚ nutrition and education particularly of children aged 0-14. It has dual objectives namely; Social Assistance – to provide cash assistance to the poor‚ to alleviate their needs (short term poverty alleviation) and Social Development – to break the intergenerational cycle of poverty through investments in human capital (nutrition‚ health and education. 4Ps is patterned after
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headquartered in London‚ UK. The company offers its products under various categories such as cosmetics and beauty‚ bath and body‚ hair and gifts‚ products for men to home fragrance. It has more than 2700 outlets in 66 countries‚ selling more than 1200 products which those ingredients get from all over the world through fair trade . TBS is the first international cosmetics products recognized by Humane Cosmetics Standard in their Against Animal Testing Policy. They also support community fair trade‚ protect
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programs (Palmer‚ 2004). Product (To be designed as per the need of the customer) Place (Place at which‚ product should be made available) Price (cost at which the audience is ready to pay) Promotion (Advertise to attract the audience) Though‚ the 4Ps remain a staple of marketing mix. The paradigm shift with the emergence of E-commerce rose for critical analysis of marketing mix. Many management sub-disciplines like‚ consumer marketing‚ relationship marketing‚ services marketing and E-commerce does
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