Tuesday, April 5, 2011

The Marketing Plan

The marketing mix:
  • product
  • place
  • price
  • promotion
  • people
Product considerations inculde:
  • features and benefits
  • branding, packaging, and lableing
  • selection
  • positioning
The products brand, package and label serve as strategies for maintaining customer loyalty
  • brand - the name symbol, or design used to identify a product
  • Package- the physical container
  • Label - the part of the package used to represent the information about the product
Product Positioning:
  • how consumers see a product in comparison to another product\
Product Mix
  • All the products a company makes or sells
Channel of Distribution
  • the path the product takes

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