(11) Marketing Use an existing product (or make one up) and describe how you would use...

(11) Marketing

Use an existing product (or make one up) and describe how you would use the five p's to advertise for that product.

Expert Solution

(11)

I will sell mobile phones.

The 5 P's of marketing will be used as :

Product : the product i want to market is a mobile phone, so i will make sure that the product has warranty of atleast 2 years which i will advertise so that customers are assured of after sale services. Once, the customers are assured of the product and have been given warranty for it , this will enhance the sales of the product.
Price: Since, the mobile phone market is already flooded with a lot of options available for the customers , i would ensure that keeping in mind all the features offered i would charge a reasonable price for the product.
Place: nowadays as people are more inclined to purchase electronics online. I would ensure that my products are listed on the online platform and my products are offered at a discount on these platforms . This would ensure that there is no location barrier for my products and a wide array of customers are reached.
People: Since, i wish to take my business online, i need to ensure that my staffs is adequately trained to handle the large volume of orders and shipment. I need to create a website to mange my orders and my staff has to be trained to supervise the orders and ensure timely delivery.
Promotion : i would use Google ad words, digital marketing and extensively promote and use hoardings and banners to advertise my product both online and offline.

jeff jeffy answered 1 year ago

Choose a product/service (this product or service can be an existing product or one you make...

Choose a product/service (this product or service can be an existing product or one you make up). Define the product to include value proposition, characteristics, and the nature of the product (consumer versus business product, and what type of product it represents) Identify the product’s position in the product line (if offered with other similar products) and, more broadly, the company’s overall product mix. Address the following: How would this product differ from other products in the product line (if...

make a Marketing plan for a existing or hypothetical sport product step 1 and 2 –...

make a Marketing plan for a existing or hypothetical sport product step 1 and 2 – purpose and product Identify the purpose of the sport marketing plan. Analyze the sport product. Product extensions step 3 - projecting the market, - Project the market climate. Influence of market conditions Assessing the sport climate: examining internal and external factors step 4- swot- Assessing internal strengths and weaknesses step 5 - positioning, step 6- players, Analyzing and targeting consumers: grouping and selecting the...

Internet Marketing: Whats internet Marketing? Discuss an existing company that use internet marketing? how it use...

Internet Marketing: Whats internet Marketing? Discuss an existing company that use internet marketing? how it use Internet marketing to promote one of its products? which product and why? what are the benefit of internet marketing ? Support Information: As in any new industry or concept, the Internet has its share of confusing buzzwords and jargon. A website produced by Matisse Enzer, presents a comprehensive glossary of Internet terms. http://www.matisse.net/files/glossary.html Many traditional elements of marketing easily translate into Internet marketing such...

Describe an existing start-up business/ new venture and assess their product/ service and pricing strategies. Product/...

Describe an existing start-up business/ new venture and assess their product/ service and pricing strategies. Product/ Service Strategy: The uniqueness of Product/ Services What value the product offer to consumers? Assess the appropriateness of the product to the chosen target market. Product/ Service Strategy: The uniqueness of Product/ Services What value the product offer to consumers? Assess the appropriateness of the product to the chosen target market Pricing Strategy Identify the pricing strategy and assess the appropriateness of the strategy...

Describe what behaviors would make you suspect a baby is hungry. How would you describe to...

Describe what behaviors would make you suspect a baby is hungry. How would you describe to a new mother what a good latch looks like? How would you describe to a first-time mother the difference between true and false labor?

Select one of the three scenarios and describe how you would use a systematic sample to...

Select one of the three scenarios and describe how you would use a systematic sample to select the sample. Write your answers in complete sentences. 2-4 sentences should suffice. 1) A group of scientists would like to determine if a new drug shrinks spleen tumors in mice. In order to do this, they select 150 mice and measure the size of their spleen tumors. Then they administer the drug. Then, they measure the size of the spleen tumors afterward. 2....

Pick one of the following cases and describe how you would use the Internet or other...

Pick one of the following cases and describe how you would use the Internet or other avenues of gathering information to help this client get occupational information. Tell us what you found most useful. C) You are working with a young woman who wants to go into occupational or physical therapy. What education would she need and where can she get it in your home state?

This assignment requires you to investigate the marketing strategy of an existing Consumer Product. 4. Need...

This assignment requires you to investigate the marketing strategy of an existing Consumer Product. 4. Need Product Fulfills for DiGiornio Pizza–Explain the need that this product fulfills as it relates to specific target market. Is it a “Me Too” imitator? How is it different from other product brands in the market (in a way that helps it succeed against its competitors)? This should also include the product positioning (see text)

1). Marketing to Kids? 2) Discuss an existing company or your imaginative one and how it...

1). Marketing to Kids? 2) Discuss an existing company or your imaginative one and how it would Market to Kids? Support Information: Wall Street Journal 'This Is the Car We Want, Mommy' Car Makers Direct More Ads At Kids (and Their Parents); A 5-Year-Old's Toy Hummer By JENNIFER SARANOW November 9, 2006; Page D1 Car makers are increasingly targeting a new set of car buyers: ones who can't drive yet. A growing number of auto companies are trying to place...

1. What are the ways to improve a product mix? Describe two approaches to use existing...

1. What are the ways to improve a product mix? Describe two approaches to use existing products to strengthen a product mix. 2. What factors must be considered when pricing products? 3. Explain the various types of pricing objectives. 4. Why is it important to consider the buyer’s sensitivity to price when pricing products?

Question