preview

A Study of the Company Apple Regarding the 7 P’s of the Marketing Mix

Best Essays

A study of the company Apple regarding the 7 P’s of the Marketing Mix 8 September 2010 Contents Introduction......................................................................... 3 Creators/Founders................................................................ 4 Marketing Mix...................................................................... 5 Product.................................................................................. 6 Price....................................................................................... 8 Promotion............................................................................... 9 Place...................................................................................... 10 …show more content…

He included in his “mixer ingredients” product, price, branding, advertising, personal selling, etc. Another person who spoke about the Marketing Mix was James Culliton, who grouped the ingredients in four categories: Product, Price, Promotion and Place. A few years later three more were included, extended the marketing Mix: Physical evidence, People and Process. Businesses need to meet the following conditions: • Product must look good and work well. • Right Price. • Right place at the right time. • Successful promotion helps a firm to spread costs over a larger output. Product Some of the product decisions are: branding, quality, functionality, etc. These decisions explain the role of the product in a marketing mix, where a company relates its products with the marketing mix. A product must address the needs of customers as identified in market research. (NetMba, 2002) Apple, which is a large company, also follows the idea of the Marketing Mix. Its best known hardware products are Macintosh computer, iPod, iPhone and the latest product iPad. The Macintosh Computer is a personal computer that was first launched on January 1 1984. The project for this product had started in the 1970s and it was envisioned as an easy-to-use, low-cost computer for the average consumer. (Tom Hormby, 2006) The iPod is a portable media player the idea for which came first to the mind of Steve Jobs because he saw the design of the mp3 players and he thought

Get Access