Upload
myassignmentexpertcom
View
73
Download
1
Tags:
Embed Size (px)
Citation preview
Let’s understand basics
What is Marketing Mix ?Planned mix of elements used to
determine actionable marketing plan.
+61451019239
What’s its significance??
To cater demands of consumers.
To crate identity of brand.
To stay focused on core business.
To control inventory.
+61451019239
Let’s see one by one Product Companies tend to develop products on following parameters.Needs and wants of customers.Quality.Value for money.Service
+61451019239
Price
• As premium brand approach is on High price strategy
Premium
Pricing
• Offers small no. of product’s to target specific demographics customer’s
No. of products
+61451019239
Place
•Distributing through online stores, Social media efforts
Online stores
•They have direct retail stores and third-party stores in many countries e.g. Reliance digital
Retail and third-
party store
•Apple has exclusive stores catering different category of product e.g. Fifth avenue, New york
Exclusive stores
+61451019239