In today business‚ by just having a good varieties of product is not sufficient to accomplished great result. There is no use by having a very good product when no one knows about them. This is when promotion comes in‚ to describe any activity by a business for informing‚ influencing and persuading customers. In a nutshell‚ promotion is all about companies communicating with customer. In total there are four key elements in the promotional mix which is advertising‚ personnel selling‚ sales promotion
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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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method and a doctor’s diagnosis are similar in that they both use a process of elimination to narrow down the field to find the correct product for the customer‚ or diagnosis for a patient. The doctor begins with a series of questions‚ and basic testing to “start segmenting the market”‚ once the doctor has a better understanding of the possible ailments‚ the “product mix” is identified and she is able serve the customer/diagnose the problem. A general doctor begins his assessment with more of a mass
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CREATED BY: | Lecturer: | Due Date: | THE MARKETING MIX THE MARKETING MIX MAC COSMETICS History M·A·C Cosmetics‚ was founded in Toronto‚ Ontario‚ Canada by Frank Toskan and Frank Angelo in 1985. The first U.S M·A·C store opened in 2003‚ in Greenwich Village‚ New York. The company ’s products were initially specifically designed for professional make-up artists‚ but are now sold to consumers worldwide. Products The collection includes blush‚ eye shadow‚ eyeliner‚ lip gloss
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right moment it guarantees the quality of our products through a new technology that also allows the conquest and settlement of large sections in the market such as: shopping center‚ supermarkets‚ schools‚ metro stations and so on. Pioneering is the right word for this system which consists in extracting‚ chilling the buko juices hygienically and safely‚ keeping its natural properties. This system also favors a practical way of dealing with a product that was formerly available to consumers only
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Marketing Mix Strategy is an important part successfully operating a business and managers must learn to strategize to remain competitive in their respective markets. This paper will paper will discuss the four elements of the marketing mix‚ how they relate to an example of a real organization‚ and how the organization implements each element to attract as many customers as possible. Elements of Marketing Mix: Product‚ Price‚ Place‚ and Promotion The elements of marketing mix are popularly
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STIMULI-MIX FOR (i)NIGERIAN UNIVERSITIES (ii)NIGERIAN DISHES(iii)NIGERIAN DRESSING STYLES( MEN AND WOMAN) AND (iv)NIGERIAN NATION BY NAME: OGBONNAYA DAVID OYO REG. NO.: PG/EMSC/12/4475 DEPT.: HUMAN RESOURCES MANAGEMENT COURSE: CONSUMER BEHAVIOUR (EMK 641) LECTURER: ONUKOGU CASIMIR‚ PH. D. TABLE OF CONTENT ABSTRACT INTRODUCTION APPROPRIATE STIMULI-MIX REFERENCES ABSTRACT The purpose of this work is to construct appropriate consumer stimuli-mix for: ( i)Nigerian
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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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technology like computers‚ cell phones and softwares. From the best products of this company that are used all around the world we can find the Iphone which is one of the most advance cell phone ever created or the Ipad and IPod or softwares like ITunes and IWork. By choosing the company‚ we shall apply the 4ps in the marketing mix to describe how this company will gain successful position in the market. DEVELOPMENT The marketing mix is a set of tools that are used to satisfy the customer’s needs
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The marketing mix: product and packaging The role of product in the marketing mix The product itself is the most important element in the marketing mix. Without it‚ the other three would not exist. Most companies today are market oriented‚ and will identify a suitable product for the market before moving on to determine the other 3 elements. Large companies have R&D departments which spends all its time developing new product and analysing the pros and cons of competitors’ products. Types
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