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
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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
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A)Marketing Mix variables (The 4 P ’s of Marketing) The major marketing management decisions can be classified in one of the following four categories: * Product * Price * Place (distribution) * Promotion These variables are known as the marketing mix or the 4 P ’s of marketing. They are the variables that marketing managers can control in order to best satisfy customers in the target market. The marketing mix is portrayed in the following diagram: The Marketing Mix Product
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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
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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
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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
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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
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Laila Lahnin December 5th‚ 2012 Ms. Morrotti ENG 073 Assignment: Final Essay Technology of 21st Century Technology is different types of devices and products that everyone uses nowadays‚ whether it’s internet‚ cell phones‚ to social networking and Skype. Technology is the easier way to discover and do things basing off knowledge‚ connecting and interacting with society‚ personal‚ school‚ and working lives. Technology has differed over the years‚ growing into bigger and better things. It
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Marketing Mix Decisions IE 153—WSWX Marketing Mix The term “marketing mix” became popularized after Neil H. Borden published his 1964 article‚ “The Concept of the Marketing Mix”. Borden began using the term in his teaching in the late 1940’s after James Culliton had described the marketing manager as a “mixer of ingredients”. The ingredients in Borden’s marketing mix included product The Marketing Mix planning‚ pricing‚ branding‚ distribution channels‚ personal selling‚ Source: http://www
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