Marketing Mix Can Attract and Satisfy Target Markets

According to the marketing dictionary the marketing mix is a combination of marketing elements used in the sale of a particular product. The marketing elements center around four distinct functions, sometimes called the Four Ps: product, price, place (of distribution),

Abstract In this paper I will define what a good marketing mix requires and describe how a company uses this process to market their product. I have chosen Anytime Fitness as my company to do my paper on. Anytime Fitness is a unique style of fitness club that is in a very competitive market place. Their marketing mix focuses on all of the four P's to attract customers. They locate small neighborhood clubs close to where people live and work. They are a no frills workout center that offers weights and cardio equipment. This allows people with busy lifestyles to workout whenever they have time. Anytime Fitness also offers a very good pricing plan for individuals and families.

The product is at the heart of marketing exchange process. For this example we will take a 3D television , that Apple sells. If the 3D television does not deliver the benefits the customer wanted , or if it does not live up to the customer’s expectations, then this can be very costly for Apple

Yellow Freight Inc. is a trucking company that moves a wide variety of products for companies all over the world. “Any need met, Anytime guaranteed, Anywhere your business goes” is the motto that Yellow Freight stands behind.

What is the marketing mix? Professor Jerome McCarthy coined this term which breaks down into four separate parts: product, price, place, and promotion, better known as the four P’s of marketing. Some experts feel this early 60’s mentality is a little archaic and should reflect societies other factors. Today’s marketers feel there are two important P’s that have been overlooked, or intentionally ignored, and they are politics and public opinion.

Product and Service include individual goods. Features contained within a product line may have benefits to meet consumer needs and wants. Companies use market research to identify the needs and wants of the

The concept or term of “marketing mix” became popular after Neil H. Borden published his article in 1964, The Concept of the Market Mix. He later began teaching this term in the late 1940’s. The ingredients in Borden’s marketing mix

The portion of Strabucks marketing is reflecting the social aspects of their customers, while the other portion is focused on rebranding of their locations. Starbuck 's marketing mix(4P 's) indicates the importance of this marketing tool as a way to ensure that the firm promotes the right product at the right place and with right pricing.

There are many other attributes and benefits that are important to the customer and these are not mutually exclusive. The key thing is that you are going to be able to see what the customer sees in your products and services, because you cannot develop a good Marketing strategy without looking at the package of benefits that you want to offer, and your package of benefits might be different from those of your competitors. Different groups (segments) of consumers might place different emphasis on the various benefits.

The report is tasked to take an in-depth look at the marketing environment in which our chosen organization, bskyb operates within. The report is further tasked to identify why complacency should have no place in the complex competitive market in which bskyb operates. In order to address the issues at hand, the report will establish and identify the elements of bskyb marketing mix and outline the necessity to continuously “explore various possibilities of improving their activities towards satisfying the needs and wants of their target market”.

Marketing strategy for period 11 Name Institution Course Date Table of contents Company overview …………………………………………….. 2 Identification of goals……………………………………………4 Implication of the marketing mix elements……………………...7 Financial projections……………………………………………..8 Executive summary………………………………………………9 References…………………………………………………………10 Company Overview Allstar Brands medicine group is an organization that has recorded leading sales in over the counter medicine, with its products a recording a good prevalence in the current market. Allstar Brands is a renowned leader in the industry of Pharmaceutics and is aimed at bringing multi-symptom medicines to the customers with an exceptional touch of

Promotion is the way in the business makes its products known to the customers, both current and potential. Promotion involves spread information about a product, product line, brand, or company. It is one of the four key aspects of the marketing mix. To generate the sales and profits, the benefits of products have to be communicated to customers. Promotion is the major component of market mix. The purpose of promotion is to reach the desired targeted consumers it try to make them act positively

The marketing mix is a business tool that consists of four p’s, which are price, product, promotion and place. The marketing mix is useful in many different ways; this essay will analysing how the marketing mix is useful as a tool of analysis and how it will benefit the product. E. Jerome McCarthy, who was known as an American musketeer created this term ‘marketing mix’ in 1964 (van Waterschoot and van den Bulte, 1992) However in 1981 the four p’s had been extended to the seven p’s by Booms and Bitner (Vliet, 2013) The additional p’s, which have been added, are people, processes and physical evidence. The seven p’s have a great impact on the marketing side of a business because it helps businesses; plan every factor in the marketing prospect of the business.

The term “Marketing Mix” was brought forward firstly by Neil Borden. He was the president of the American Marketing

In 1953, Neil H, Borden took that theories in his teaching. The term "marketing mix" became popularized after Borden published his article, The Concept of the Marketing Mix in 1964.