Marketin Mix

merchandising Mix Salonyia Fisher MKT/421 May 14, 2012 Professor Tina potter around The elements of the change shuffle accommodate the overlap, place, promotion and the price. The trade scuffle is a combination of separately element of trade and shows what interpret each element plays in promoting products and services to the organizations nodes. Each element plays an pregnant role in the marketing mix and in strategical planning. Marketing provides a manoeuvre philosophy for the market concept. Marketing provides input to strategic planners and designs strategies to mountain chain certain objectives. The product domain is the developed product thats created for the pointed market which can be a good or a service or a combination of both. Products moldiness be created in such(prenominal) a way that they can run into a deed of marketing issues. The place element becomes important to the marketing mix because it involves getting the right pro duct to the target markets place. The place is important in the marketing mix because if a product is not available to the guest when they need it, thats a loss in revenue. progress of a product includes the sales promotion, selling and mass selling of the product.

Price is whiz of the most important elements in the marketing mix because when determine the price, the competition must be considered in the target market. The customers reaction to the price plays a big role in the marketing of the product and creates an opportunity to meet to a greater extent of an individuals needs. The product should also be encas e in a manner that it is able to draw the cu! stomers attention. peculiar(prenominal) care needs to be taken to ensure the spotless package for the product speaks to customers because in some cases a customer doesnt just demoralize the item, they buy the package. Nike Inc. is one of the leading in marketing and has a strong marketing mix. Nike is the largest trafficker of athletic footwear in the global market and is a global sports shoe telephoner. The company has faced...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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