V. Marketing Mix
Product Strategy
Booze Cruiser is designed to monitor consumption in a way no other competitor has done before. Its unique technology is to monitor alcohol consumption through body chemistry and temperature. Not only does it serve as a safety product, but provides convenience compared to our competitors. We offer a high quality product that offers three different colors for you to choose from as well as it is lightweight, waterproof, and shockproof. We offer free shipping and guarantee our product will be at your home within three days from the time you purchase. We want our customers to be able to contact us if they have any complications or questions, which is why we offer 24/7 customer service and have a warranty lasting up to three years. Our product will not only show how responsible you are but it will show others you are responsible because you choose to wear our product to show how to safely drink. Our product allows not only the user to be aware of their drinking but the people around them. This provides more awareness and can help others from making at risk decisions. Our objective as a brand is to encourage young adults to be safe and responsible while drinking. We believe not only that our unique way of monitoring alcohol in a fashionable and stylish way will attract customers, but also the value it will bring to each individual person using our bracelet will accomplish this objective. B. Place Strategy
We will be
It seems ambiguous whether the Kindle Fire can be categorized as a tablet or e-reader. Nowadays, these two terms are looking and performing quite similarly thus making it difficult to tell them apart. There are some important differences between the two that will prove useful in making this distinction. The first is screen size as the Kindle Fire has a 7-ich screen, which is consistent with most other e-readers. In contrast, tablets come in a range of sizes but some of the more popular ones such as the i-Pad can have 10-iche screens. Another
The Spit Strip is an innovative new product designed for consumers to conveniently test their blood alcohol level. Alcohol consumption and abuse is responsible for countless tragedies, injuries, healthcare costs, deaths and violence in Canada and around the world. By reminding consumers of their intoxication levels directly before public exposure, SpitStrip ensure them to err on the side of caution and behave responsibly. With the SpitStrip, we hope to help new mothers decide whether they are ready to breastfeed, aid drivers determine whether they are ready to drive, and provide a cost-effective way for restaurants to determine if a customer should be served
After researching other websites and competitor ads for prices, it was determined that H&R Block is comparable to, if not lower priced than most competitors in the Metro Phoenix area. Their pricing is low
Identify consumer priorities, needs and preferences. In what ways do they impact the marketing mix.
1. What is a blue ocean strategy? What is a red ocean strategy? Explain these from the perspective of company, competition, costs, and markets.
Customers would have to pay more if they wish to buy Presso Mobile Company’s products. Customers are always willing to spend more for something in return that worth the money like the 100% organic made products of Presso Mobile Company and quality being assured. Thus, customers will repeat
Braaap has four main distinct components in its marketing mix. These four components are super lite, kids, road and electronic. The four different components of marketing mix serve different needs of different groups of targeted customers.
The main key characteristic of this organisation is dirt bike, high significant for “racing”. Their significance to the market is metal test, customises, designed in Australia and having franchise.
A product is what the consumer purchases and makes use of it. The strength of products is direct correlation to willing to buy. Higher quality of products would cause the higher demand rather than poor quality. At Braaap, the bike is known as the best bike. Therefore, it is attracted the consumers to come and purchase especially the loyal customers who love in this sport.
Currently the inflation rate is stable at three percent or less per year, and the consumer price index is steady with approximately 1.5-2 percent change per year. A stable economy without significant inflation will likely maintain the strong spending power of the consumer. The consumer’s dollar will be stretched further allowing them to purchase more goods. Low inflation rates will also persuade the Federal Reserve Board to keep rates low allowing free economic growth as rates increase.
I created my marketing mix poster on a company Apple Inc. that sells technology. My poster shows a representation of the following four categories product, price, promotion, and competition in relation to Apple.
Philips is a premier provider of electric toothbrushes and brush heads alike. They have a number of these electric toothbrushes currently available for sale, each with its own individual features and functions. The problem, though, is that it can be difficult to find the toothbrush you want, with the features you need. This electric toothbrush buying guide focuses on the key aspects of select Philips products. This will help give you an idea of what you need to look for in an electric toothbrush.
Toyota has a manufacturing facility of the overseas of 50 in 27 countries, and is doing business expansion globally. Moreover, the Toyota car is sold by 160 countries of an overseas. The number of dealer is 8,485 dealers in the world (Expect Japan), and there are more than 270 dealers in Australia. We can buy Toyota’s product everywhere.
The term "product" refers to tangible, physical products as well as services. A product is everything one receives in an exchange,
Marketing is an essentially about marshalling the resources of the organization so that they can meet the changing needs of the customers on whom the organization depends. As a verb, marketing is all about how an organization addresses its markets. Marketing is “The management process which identifies, anticipates and supplies the customer requirements efficiently and profitability”.