Abstract In this paper I will define what a good marketing mix requires and describe how a company uses this process to market their product. I have chosen Anytime Fitness as my company to do my paper on. Anytime Fitness is a unique style of fitness club that is in a very competitive market place. Their marketing mix focuses on all of the four P’s to attract customers. They locate small neighborhood clubs close to where people live and work. They are a no frills workout center that offers weights
Premium Marketing Price Pricing
Marketing mix: Definition – The marketing mix consists of the 4 main aspects of marketing‚ these include: • Price – Value‚ low price • Place – Stores = Superstores‚ online‚ retail • Promotion – advertising‚ offers • Product – Limited range of essential products • Processes – Customer service‚ revenue protection • People – design‚ accounts • Physical – bags‚ logo on trolleys APPLE: |Aspect |What it consists of
Premium Marketing Sales Retailing
discipline‚ a fifth ‘P’ was added — People. And recently‚ two further ‘P’s were added‚ mainly for service industries — Process and Physical evidence. These considerations are now known as the 7Ps of marketing‚ sometimes referred to as the marketing mix. 1. Product There is no point in developing a product or service that no one wants to buy‚ yet many businesses decide what to offer first‚ and then hope to find a market for it afterwards. In contrast‚ the successful company will find out what
Premium Marketing Price Marketing mix
MK 315 – Report # 1 A Report on the Product/Services/Promotional Strategies Offered by Cabelas Cabelas is a retail store found across the country offering outdoor products for the casual to serious hunter/fisherman. They offer for the hunter‚ firearms‚ ammunition‚ reloading equipment‚ optics‚ tree stands‚ decoys‚ game calls‚ and just about anything that is associated with the sport. They also sell boating supplies‚ auto and all terrain vehicle products‚ clothing‚ home and cabin‚ and footwear
Premium Marketing
Marketing Mix Product Swiffer is a great product and has a grip on the market. The quick addition of line extensions helped at first but now seems to hinder. Swiffer should go back to the basics‚ and focus on making their successful product even better. Not by adding features necessarily‚ but by making sure the main products‚ (Swiffer‚ Swiffer Wet‚ and Swiffer Wet Jet) are stellar. They need to make sure that those lines are solid‚ and have great satisfaction rates. This commitment to quality
Premium Marketing
has been prevalent in India for very long time now. Fanta orange is distributed everywhere i.e. throughout the country where as other two are distributed only in selected cities. New Flavors International soft drink companies such as Coca-Cola and Pepsi Co. are attempting to enter the Indian market by attempting to bottle their national drink‚ coconut water. Such companies face fierce competition from the traditional players and will focus their attempts to create a presence in the market by using
Premium Coca-Cola Soft drink
The Marketing Mix (4p’s) The marketing mix consists of Product‚ Price‚ Place and Promotion strategies that a firm uses to help them reach their objectives. The marketing mix principles are controllable variables which have to be carefully managed and must meet the needs of the defined target group. All elements of the mix are linked and must support each other. PRODUCT STRATEGIES When an organization introduces a product into a market they must ask themselves
Premium Marketing Pricing
shareholders with USD 8 billion was returned to shareholder. (Source: PepsiCo Website) 19 brands generating more than USD 1 billion revenue Pepsi is positioned to win in the long term. (Source: Pepsi Annual Report 2010) The underlying performance of Pepsi remained solid despite a challenging macroeconomic environment. A strong performance was delivered by Pepsi with growth in revenues along with increase in net income ensured sustainable performance. For detailed financial analysis please refer
Premium Strategic management Strategy map Balanced scorecard
Inbound logistics‚ operations and outbound logistics Inbound logistics for the Pepsi and Coca Cola consisted of largely the same operations. Both companies purchase their own ingredients through use of future contracts (to avoid market volatility) and produce their concentrate from their own facilities. Once this is done‚ these companies send their concentrate out to bottlers upon approval of contract for bottling company. Once the bottling company receives the shipment of concentration‚ it is diluted
Premium Coca-Cola Cola Pepsi
marketing mix analysis. In terms of the marketing mix‚ as an important concept in the subject of business studies‚ it refers to “a balance between the four main elements of marketing [is] needed to carry out the marketing strategy. It consists of the ‘4ps’: product‚ price‚ promotion and place” (Marcousé and Surridge et al.‚ 2011:141). Firms can build an effective marketing strategy by using the marketing mix as a tool‚ and it is possible that business will fail if the marketing mix is not correct
Premium Marketing Pricing