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PRINCIPLES OF MARKETING
Developing the Marketing Mix
Developing the Marketing Mix (Output)
:Powerpoint Presentation
Jeannie B. Cuanico
Victorias National High School
Victorias City Negros Occidental,
Philippines
1. PRICE SKIMMING - where the product's
selling price is way above its unit cost.
This allows the company to recover its
research and development costs and
expenses.
2. PENETRATION PRICING - a pricing
strategy where the new product is
priced only marginally.
• The third element in the
marketing mix.
• It is needed on how a company
can effectively and efficiently get
its products to its consumers
through product distribution.
A supply chain is the network
of all the individuals, organization,
resources, activities, amd technology
involved in the creation and sale a
product.
There are three general ways on how a product can
br distributed using marketing intermediaties:
1. Exclusive Distribution - distribution is limited to a
select number of dealers, usually one or a few.
2. Intensive Distribution -this product distribution
type, used mostly by fast-moving consumer
goods and convenience goods, involves making
a product available in as many retail outlets as
possible.
3. Selective Distribution - positioned between
exclusive and intensive distribution, this type of
product distribution involves the use of more
thn one but not as many dealers as in intensive
distribution.
• WHOLESAILING - is the sale of goods for sale.
Wholesaling is an important product distribution
function. Without wholesalers, product manufacturers
would have to deliver goods directly to retailers.
• RETAILING - is defined as the sale of goods/services to
the final customer for his personal consumption. Typical
examples of retailing establishments are drug stores,
sari-sari stores, restaurants, movie houses, convenience
stores and supermarkets.
Promotion as used in the
4P's is a general term which
includes the following: advertising,
promotions, personal selling,
publicity and public relations.
is defined as any paid and public
presentation of products, services or
ideas by an identified sponsor through a
medium. The most common objectives of
advertising are:
• To build awareness
• To inform
• To persuade
• To remind
is extent to which consumers are
familiar with the distinctive qualities or
image of a particular brand of goods or
services. Achieving a high level of
awareness provides the brand following
advantages:
1. Learning Advantages
2. Consideration Advantages
3. Choice Advantages
are activities or a series of
activities, usually short-term, that
are intended to boost the sales of a
product or service. These are
actions a company can take to
stimulate customers to buy
immediately than later.
1. Trade Promotions - are intended for
marketing intermediaries such as retailers. Trade
promotions "push" products to the retailer or trade
outlet.
2. Consumer Promotions - are intended for
consumer. The purpose of consumer promotions is
to induce product trial, encourage brand switching
or reward consumer patronage.
REFERENCE:
Principles of Marketing Textbook
Oscar G. Torres (Author)

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Developing the marketing mix

  • 1. PRINCIPLES OF MARKETING Developing the Marketing Mix Developing the Marketing Mix (Output) :Powerpoint Presentation Jeannie B. Cuanico Victorias National High School Victorias City Negros Occidental, Philippines
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11. 1. PRICE SKIMMING - where the product's selling price is way above its unit cost. This allows the company to recover its research and development costs and expenses. 2. PENETRATION PRICING - a pricing strategy where the new product is priced only marginally.
  • 12. • The third element in the marketing mix. • It is needed on how a company can effectively and efficiently get its products to its consumers through product distribution.
  • 13. A supply chain is the network of all the individuals, organization, resources, activities, amd technology involved in the creation and sale a product.
  • 14. There are three general ways on how a product can br distributed using marketing intermediaties: 1. Exclusive Distribution - distribution is limited to a select number of dealers, usually one or a few. 2. Intensive Distribution -this product distribution type, used mostly by fast-moving consumer goods and convenience goods, involves making a product available in as many retail outlets as possible. 3. Selective Distribution - positioned between exclusive and intensive distribution, this type of product distribution involves the use of more thn one but not as many dealers as in intensive distribution.
  • 15. • WHOLESAILING - is the sale of goods for sale. Wholesaling is an important product distribution function. Without wholesalers, product manufacturers would have to deliver goods directly to retailers. • RETAILING - is defined as the sale of goods/services to the final customer for his personal consumption. Typical examples of retailing establishments are drug stores, sari-sari stores, restaurants, movie houses, convenience stores and supermarkets.
  • 16. Promotion as used in the 4P's is a general term which includes the following: advertising, promotions, personal selling, publicity and public relations.
  • 17. is defined as any paid and public presentation of products, services or ideas by an identified sponsor through a medium. The most common objectives of advertising are: • To build awareness • To inform • To persuade • To remind
  • 18. is extent to which consumers are familiar with the distinctive qualities or image of a particular brand of goods or services. Achieving a high level of awareness provides the brand following advantages: 1. Learning Advantages 2. Consideration Advantages 3. Choice Advantages
  • 19. are activities or a series of activities, usually short-term, that are intended to boost the sales of a product or service. These are actions a company can take to stimulate customers to buy immediately than later.
  • 20. 1. Trade Promotions - are intended for marketing intermediaries such as retailers. Trade promotions "push" products to the retailer or trade outlet. 2. Consumer Promotions - are intended for consumer. The purpose of consumer promotions is to induce product trial, encourage brand switching or reward consumer patronage.
  • 21. REFERENCE: Principles of Marketing Textbook Oscar G. Torres (Author)