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Bsbmkg502B Establish and Adjust the Marketing Mix

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Assessment Task 1
 BSBMKG502B Establish and adjust the marketing mix
1. Introduction! The Braaap organisation is a motorcycle manufacturing company driven by a vision of making motorcycling more enjoyable and more accessible. Braaap’s initial vision was to create “WorldClass” motorcycles that are high quality, unique and affordable. Braaap is an emerging company amongst an industry dominated by a few well-established brands.! This report will examine the products and services offered by Braaap, the key characteristics of the company’s operating system, their significance to the market, their pricing policy, pricing variables and their affect on demand. This report will also look into Braaap’s promotional methods, their channels of …show more content…

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3b. Pricing Variables! Braaap have excelled in the motorcycle manufacturing industry by utilising the benefits to their business and market position that are associated with pricing variables. Some variables in use include discount percentages, competitive ownership for customers, leasing arrangements, residual value of their product and the recognisability and psychological elements of advertising.!

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4a. Promotional Methods! Promotion as a tool in the marketing mix enables the company to have an influence over purchasing behaviour. Promotion when combined with advertising and personal selling enhancing the likelihood of succeeding in market share. Braaap uses sponsorship as a promotional tool and because of the quality of their products they have been associated with many different motorcycling championships around the world. Promoting their brand in such influential tournaments and competitions are extremely likely to attract people from their intended target market.! Braaap has also developed a program called “Learn to Ride”, which is a program that gives people the opportunity to experience and test the products and choose the right one for them. They are given professional advice on what to equipment to wear, how to look after their motorcycle and most importantly how to ride their motorcycle.!

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4b. Channels of Distribution! Braaap uses various channels of distribution including dealers, delivery service, distributers, ebusiness,

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