communicating with customer. In total there are four key elements in the promotional mix which is advertising‚ personnel selling‚ sales promotion and public relations tools. No matter how good a strategy or a plan is perform; advantage and disadvantage are surely to exist. The main purpose of conducting this literature review is to precisely identify the advantages and disadvantages of the four elements. One of the most popular promotional elements that company usually us is the advertising‚ but before
Premium Marketing Public relations Sales
Marketing Mix Marketing mix must focus on the product‚ pricing‚ promotion‚ and placement of item in order to make it successful. Marketing strategies must feature customer orientation‚ input‚ and accessibility in the fight to the top of the market. McDonald’s is no different. An example of this is illustrated with a comparison of McDonalds and Wendy’s. At first glance‚ they may appear to have roughly the same marketing mix and target markets. Both are fast food and provide similar products. However
Premium Marketing Happy Meal Hamburger
In the late 1940s‚ Dick and Mac McDonalds were searching for a way to improve their little drive-in restaurant in San Bernardino‚ California. They invented an entirely new concept based upon speed service‚ low prices‚ and big volumes. Word of its success spread quickly and in 1952 they had more than 300 franchising inquires a month from all over the country. McDonald’s is now the largest and best-known foodservice retailer and one of the two best-known and powerful brands in the market. With more
Premium Fast food Hamburger French fries
respondents in the 18-22 age group‚ who are mainly students‚ and even fewer respondents from the above 28 years age group who represent the working class. Importance of various parameters in fast food restaurants We asked respondents to judge McDonalds on the parameters taste of food‚ speed of service‚ cleanliness‚ ambiance and value for money‚ as to which is the most important one. The response received is represented in the pie chart below. [pic] From the survey conducted it was found
Premium Fast food restaurant Decision making Fast food
The Cyprus Journal of Sciences The Journal of Americanos College Editor Charalambos Louca Americanos College Joseph S. Joseph‚ University of Cyprus‚ Cyprus Kalliope Agapiou-Josephides‚ University of Cyprus‚ Cyprus Krassimira Ilieva‚ Bulgarian Academy of Sciences‚ Sofia‚ Bulgaria Leonidas A. Phylactou‚ Cyprus Institute of Neurology & Genetics‚ Cyprus Marianna Sigala‚ University of the Aegean‚ Greece Mary Koutselini-Ioannidou‚ University of Cyprus‚ Cyprus Mary Vaxevanidou‚ Patras Greek Open University
Premium Distance education Education Higher education
Describe the promotional mix used by red bull Red bull was originally established in Thailand in 1962 under the name Krating Daeng‚ Red Bull was incorporated in 1984 with its head office in Austria. It is now a market leader in the energy drink segment with presence in over 130 countries and an employee base of over 3‚900 worldwide. It recorded a turnover of $2.6 billion in 2006 with a whopping 300% increase in global sales as compared to the year 2000. Starting with its first international foray
Premium Red Bull Advertising Marketing
Marketingmix McDonalds Hi‚ I will now discuss the extended marketing mix of McDonalds. The extended marketing mix consists of the 4 traditional p’s supplemented by the 3 p’s according to Booms and Bitner. I will start with 4 traditional p’s. Price‚ Product‚ Place and Promotion. Price McDonalds uses the ‘Going Rate Pricing’-strategy. This means that McDonalds prices their products according to the average market price. They do this because their isn’t that much difference between their products
Premium Marketing Marketing mix Hamburger
McDonald’s Marketing Mix AnalysisDid Somebody SayMcDonald’s?The business began in 1940‚ with a restaurant opened by siblings Dick and Mac McDonald in San Bernardino‚ California. Their introduction of the "Speedee Service System" in 1948 established the principles of the modern fast-food restaurant. The original mascot of McDonald’s was a man with a chef’s hat on top of a hamburger shaped head whose name was "Speedee"‚ which was eventually replaced with Ronald McDonald in 1968. The present corporation
Premium Fast food restaurant Hamburger Fast food
D1 As I touched upon in my last paragraph apple in my opinion are on their way to achieved most of their objectives with the new phone however they have also not arguably one or two objectives. The objectives which I think they have achieved are; expanding their sales to customers who don’t own a single apple product‚ in my opinion they are well on their way to achieving this‚ because most people have at least one apple product in the household may it be an iPhone‚ iPod‚ iPad or Mac computer. Apple’s
Free Apple Inc. Advertising Facebook
P1-The promotional mix for Lambeth College ADVERTISING Lambeth college receives a budget every year to spend on opening evening‚ newspaper ads‚ billboards‚ enrolment and poster on bus shelters. This mean that Lambeth college will spend a large amount of money on advertising meaning that the marketing department team must know the methods of what advertising work and how to advertise i.e. the design of the promotional content. SALES PROMOTION In account to sales promotion Lambeth College uses sales
Premium Advertising