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The Marketing Mix

The Marketing Mix

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The Marketing Mix

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Presentation Transcript

  1. The Marketing Mix

  2. The 4 P’s • Product • Place • Promotion • Price

  3. Product • Physical good • Service • Features • Quality level • Instructions • Warranty • Packaging

  4. Place • Middlemen • Locations of stores • Transporting and Storing • Service Levels

  5. Promotion • Salespeople - kind, number, training • Advertising - targets, kinds of ads, media, prepared by whom • Sales promotion • Publicity

  6. Price • Level over product life cycle • Geographic terms • Discounts

  7. Customers • Are not part of the marketing mix - They are surrounded by the marketing mix. • They are the target of ALL marketing efforts