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What you the marketing mix and describe how each of the variables in the marketing mix can be used to develop the marketing strategy and action plan in the marketing plan?
Wiki User
∙ 15y ago
Marketing mix refers to the 4 P's of marketing. These are product, price, place and promotion. Marketing strategy should implement the 4 p's in an effective manner. For instance if a fast food chain wants to open up in Asia, it needs to see the place and target price for the customers. Similarly is a sunscreen product is offered to places in the North pole, it will fail because there is no match with the marketing mix and the strategy.
Wiki User
∙ 15y ago
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What is an example of holistic marketing concept?
Holistic marketing is a strategy that considers the business as a whole. This strategy's goal is to develop and maintain multiple perspectives on the business.
How do you develop a marketing strategy?
You can develop a marketing strategy by looking over the companies goals. You can use radio, TV, and social media to promote your business. You may want to hire an agency or someone else to help you promote.
How much control that the marketing manager have over the environment variables?
Marketing mix variables are often controllable, because they can be changed. Marketing manager must develop and control marketing mix, he should collect information about needs and then satisfy people in the target market.
How do you create a marketing strategy?
You you should first identify the objectives of your marketing. Only then can you develop the strategies, i.e., the 'road map' to achieving the objectives.
What are the duty and responsibilities of a Marketing Division Manager?
The responsibilities of a Marketing Division Manager include understanding customers, manage agencies, develop a marketing strategy. Other duties are researching opportunities, budgeting, write copy and develop guidelines.
What are the possible conflicts that could develop between the digital marketing team and the traditional team?
Possible conflicts that could develop between the digital marketing team and the traditional team is the marketing strategy opted to promote and advertise any service or product.
What Are The Steps Involved In The Development Of Marketing Strategy?
The marketing strategy is a way to develop your marketing programs by turning marketing concepts right into a written and functional guide. Within the plan you assess of the talents, weak points, possibilities, risks, and overall market competition. Additionally, your marketing strategy evolves a method for interacting your message to exterior audiences; also it gives you a musical instrument for monitoring ongoing processes inside your marketing activities.
What is product adaptation?
Product adaptation is a kind of marketing strategy wherein a company develop new products. The new product is based on modification of existing items.
How can you do international marketing?
An international marketing strategy is very similar to a domestic marketing strategy. Though it may be more difficult to develop if exporting to markets that are very different from your home country, the prevalence of English and world-wide familiarity with American culture often allow for minimal, if any, changes.At a minimum, the following components of your international marketing strategy should be considered for each and every potential export market:LabelingBrandingPackagingSizingWarrantiesYou can read more about this in the related link "International Marketing Strategy".
How do you do international marketing?
An international marketing strategy is very similar to a domestic marketing strategy. Though it may be more difficult to develop if exporting to markets that are very different from your home country, the prevalence of English and world-wide familiarity with American culture often allow for minimal, if any, changes.At a minimum, the following components of your international marketing strategy should be considered for each and every potential export market:LabelingBrandingPackagingSizingWarrantiesYou can read more about this in the related link "International Marketing Strategy".
Should a new business develop an online marketing strategy?
Internet marketing strategies encourage additional business. It is a good idea to develop an online site and have specific business offerings and contacts, so that individuals may learn more about the business.
What are some examples of line-staff organization?
an advertising expert may assist a marketing manager to develop a sales strategy for a new product
