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Marketing Winter 20001 THE MARKETING MIX Session 6 Tuesday, April 11 2000
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Marketing Winter 20002 SESSION OUTLINE The marketing mix and the product life cycle The marketing mix and positioning Course review
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Marketing Winter 20003 THE MARKETING MIX Product Price Place Promotion
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Marketing Winter 20004 PRODUCT Name Logo, colours Tangible attributes Other (packaging, format, …)
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Marketing Winter 20005 PRICE Price points Pricing methods (cost-plus, competition, demand) Price policies (promotional discounts, volume discounts, timing of purchase discount, …)
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Marketing Winter 20006 PLACE Distribution network (direct vs. Indirect) Level of integration with channel members (corporate, franchises, administered) Market coverage (exclusive, selective, intensive) Types of middlemen (merchant, broker)
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Marketing Winter 20007 COMMUNICATION Mass vs. personnal communication Push vs. Pull strategy Communication tools Planning the campaign
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Marketing Winter 20008 INTRODUCTION Product Price Distribution Communication Simple Based on costs Selective Increase awareness, knowledge
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Marketing Winter 20009 GROWTH Product Price Distribution Communication Add new attributes Competitive Intensive Increase number of users
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Marketing Winter 200010 MATURITY Product Price Distribution Communication Introduce new models Lower than competition Intensive Maintain loyalty
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Marketing Winter 200011 DECLINE Product Price Distribution Communication Eliminate weaker brands High profit margin Selective Maintenance
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