Marketin Mix

merchandising Mix Salonyia Fisher MKT/421 May 14, 2012 Professor Tina tinker The elements of the merchandise shuffle accommodate the overlap, place, promotion and the price. The merchandise prance is a combination of separately element of marketing and shows what part 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 maneuver philosophy for the market concept. Marketing provides input to strategic planners and designs strategies to celestial orbit certain objectives. The product domain is the developed product thats created for the puted market which can be a good or a service or a combination of both. Products must(prenominal) be created in such(prenominal) a way that they can achieve a deed of marketing issues. The place element becomes serious to the marketing mix because it involves getting the right product to the target markets place. The place is important in the marketing mix because if a product is not available to the lymph node when they need it, thats a loss in revenue. packaging of a product includes the sales promotion, merchandising 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 prospect to meet to a greater extent of an individuals needs. The produc t should also be encase in a manner that it! is able to draw the customers 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 demoralise 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 gild. The company has faced...If you want to get a full essay, order it on our website: BestEssayCheap.com

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