MARKETING MIX: PRODUCT AND BRANDING STRATEGIES Abstract Brands have now transcended their general definition of just being a name or logo that differentiates them from other products in the market to a more humane and characterized version to which people can relate to and come to depend on in their everyday lives. According to Fournier brands create relationship with customers. This paper agrees with the statement in the goods only category for Coca Cola however for the service only it does
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developing an innovativeproduct concept. An effective product concept is the first step in marketing-mixplanning.Philip Kotler defines product as Anything that can beoffered to a market for attention‚ acquisition‚ use or consumption that might satisfy a -want or need. It includes physical objects‚ services‚ persons‚places‚ organizationsand ideas. Product planners need to think about the product on three levels. The most basiclevel is the core product‚ which addresses the question: What is the buyer really buying
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Place in the Marketing Mix refers to two key areas : - 1. Marketing Channels 2.Physical Distribution & Logistics A marketing channel - Comprises individuals and organisations that together ensure the flow of products and services from producer to customers. Zero level (direct supply): For example‚ mailorder books / records‚ direct flight bookings‚ internet sales and bookings. One stage channel: Many FMCGs fall into this category‚ for example‚ branded food stuffs‚ clothing‚ DIY products
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Marketing Mix Product Consumers consider products as bundles of benefits that satisfy their need. The basic level of a product is the core benefit to the customer. People who buy Panadol for cold and flu are buying more than a pill that is used for fast effective temporary relief for symptoms of cold and flu. They are buying on-the-go health that provides close-to instant relief to the illness. The brand‚ Panadol‚ has long dominated the retail scene. This is because GSK‚ the manufacturer of Panadol
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one of the most successful multi brand premium automobile manufacturers in the world. The company manufactures‚ distributes and sells passenger cars (including Sedans‚ Coupes‚ and Convertibles) and Motorcycles. BMW operates three business segments that include Automobiles‚ Motorcycles and Financial Services. BMW is the parent company of the Mini and Rolls-Royce car brands1. The company’s slogans in the U.S are "The Ultimate Driving Machine" and "Sheer Driving Pleasure". 2 Marketing Mix: Innovative
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you probably enjoy the convenience of fast food. You drive up‚ place your order and presto! You’ve got a whole meal and you didn’t even have to get out of your car. As convenient as it is‚ fast food is unhealthy for consumers‚ inhumane to animals‚ and the employees who process the meat work in hazardous environments. When you take all these factors into consideration - is the availability and popularity of fast food really good for the nation? Fast food has contributed to the obesity of the
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Impact of Fast Food The Impact of Fast Food Fast food especially McDonalds and KFC from the United States has brought a lot of impacts since the first day it arrived in China. You can notice that many people especially the youth and kids like fast food so of them even declare fast food is more tasteful than Chinese food. So some nutritionists warn that maybe some day fast food will take the place of Chinese food. But I don’t think so. Yes fast food does have some advantages. For example fast food
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“The marketing mix srategy of Viettel’s prepaid package” INTRODUCTION Today‚ cell phone is an indispensible appliance in our life because of its benefits like communicating with other people everywhere easily‚ updating information quickly... . That why the demand for cell phone has been increasing worldwide day by day. As that result‚ more and more network systems for cell phone have been developing rapidly in every country‚ including Vietnam. At present‚ there are many network providers joining
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Marketing Mix Presentation By: Cornelia Solomon Red Lobster Red Lobster is a casual dining restaurant that specializes in freshly prepared seafood dishes. 4 P’s Marketing Mix Analysis Over the last several years‚ consumers have become more concerned about their overall health. A healthier life is believe to be a direct correlation to diet. This trend has forced Red Lobster to change their menu in order to meet consumers needs. This presentation will outline our new strategy focusing on the 4
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English 28 9:35-11:00 Dr. Gill Disadvantages of Fast Foods Time is money. This is the new buzzword in today’s world. People are now spending more time by running after money then spending time on their daily activities. No wonder fast food is on the rise. May people do not realize that fast food is a slow death. It has many disadvantages‚ as it is unhealthy‚ expensive and causes many diseases. Even though‚ fast food is the fastest way to feed our hunger‚ it is not
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