Mkt 421 Week 1

Your discussion resonated with me. When I was in high school, magazines like Sports Illustrated and Muscle Fitness was all the rage. Almost every boy in school enjoyed and idolized the people in those magazines because of the machismo projected in the articles. I was no exception; much like you I have always been active and frequent the gym on a regular. However after high school I joined the navy and now had a source of income. With this perception of how the male body should look, I turned to supplement to aid in the process. At one point I even turned to illegal means but backed out due to the navy’s drug testing policy. Even though at the time I far exceed any of the navy’s physical fitness standards. I still saw myself, as being below

Marketing is often thought of as advertising and selling, but marketing encompasses more than just selling a product or service and advertising it to entice customers to make a purchase. Perrault, Cannon, and McCarthy (2009) defined marketing as "the performance of activities that seek to accomplish an organization’s objectives by anticipating customer or client needs and directing a flow of need satisfying goods and services from producer to customer or client" (p. 6). However, Kotler and Keller (2009) stated one of the shortest definitions is "meeting needs profitably" (p. 5). The author's definition of marketing includes all of the activities a business

* A positioning statement for the company with careful consideration of their brand and strategy

Points earned from this assignment will be added to your total point score for the semester. (See the course syllabus for the course grading scale.)

Points:  5 questions at 40 points each for 200 points for 25% of your grade (all will be sliding scale).

I requested a check on 01/19/16. Sangeeta said she did not received a check payment for this invoice and did not make a payment to this account. I called AmeriPower and I was told this account has been passed due on three different occasion. I resend this check request to Sangeeta for payment again today.

This week assignment was really fun because it actually addressed some programming. During this week's reading I learned some new programming concepts I did not know and I acquired a better understanding on some others I get used to apply in the practice but I did not known in theory.

Participate in class discussion by posting a total of 6 notes over 3 or more days. Initial answers to the Discussion Questions count toward the participation requirement.

Throughout chapters 10, 11, and 12 I learned a lot of new information such as, bleed, display, and trade papers. First off, bleed advertising is printed matter that runs over the edges of a margin. This is important because it’s used to gain attention while still using all the space available. Statistics show that bleed advertisements are actually read 10-15 percent more than normal text advertisements. Also, another benefit is that it usually has no extra charges when using bleed advertisements, and even if it does, it’s still cheaper than most large advertisements.

1. Short Answers: Each answer is worth 3 points. Answer all 15 questions. Total: 45 points.

The learning team has decided to develop a product launch plan for the Apocalypse Now bar and Agent Orange mixed drink, with accompanying apparel, in both the Korean and Philippines markets. This product launch plan will address the product description, product positioning, targeting, market needs, market growth potential, a complete SWOT analysis, coverage of the competition, marketing strategy, pricing plan, marketing communications plan, distribution strategy, and a review of all the marketing research conducted. The product launch plan starts with a product description.

The pricing of the new products will be both affected by the cost plus pricing and competition -based pricing. Even though there will be no very similar products that directly compete with the new products, there exist alternatives that at some level compete with the new products. The cost plus pricing will leverage the current cost and price of regular burgers. At the same time, the competition-based price would allow the products to sell well.

1) What are the four variables of the marketing mix? Who controls the marketing mix variables? Explain briefly.

As per Ian Ruskin Brown and Greg Clark “ Marketing mix is the term used explaining the different elements comprising the offer that the different companies makes to their customers”. (Brown and Clarke, 2000:44). E.Jerome McCarthy in early 1960s came up with the four Ps in the marketing mix. According to him these 4ps are “ Product, price, place and promotion”.( McCarthy and Shapiro 1975: 35). Refer Appendix I for the pictorial representation. But the view of Richard Sandhusen is that the four marketing mixes should be ‘price, product, promotion and distribution’ (Sadhusen, 2000:319). According to Steven Stralser ‘in order to create a marketing strategy and plan that touch all the areas of marketing to position a product, maximise revenue etc a few more components have to be considered which are, Marketing segmentation, Marketing Strategy, Marketing research , Pricing, placement and value chain.’(Stralser,

23. The four basic components of the marketing mix include all of the following except: