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1 of 6
Product Price
Place Promotion
Marketing Mix (4p’s)
Slide 1
www.learnmarketing.net
The marketing mix principles are controllable variables
which have to be carefully managed and must meet the
needs of the defined target group. All elements of the mix are
Linked and must support each other.
Marketing Mix (4p’s)
Slide 2 Product
www.learnmarketing.net
Product Decisions
Branding Quality Features
We must remember that Marketing is fundamentally about providing the correct bundle of
benefits to the end user, hence the saying ‘Marketing is not about providing products or
services it is essentially about providing changing benefits to the changing needs and
demands of the customer’ (P.Tailor 7/00)
Benefits offered
Marketing Mix (4p’s)
Slide 3 Pricing
www.learnmarketing.net
Pricing Strategies
Penetration
Skimming
Competition
Product Line
Bundle
Psychological
Pricing is the only mix which generates a turnover
for the organisation. The remaining 3p’s are the
variable cost for the organisation. It costs to
produce and design a product, it costs to distribute
a product and costs to promote it. Price must
support these elements of the mix. Pricing is
difficult and must reflect supply and demand
relationship.
Marketing Mix (4p’s)
Slide 4 Promotion
www.learnmarketing.net
Promotional Mix
Advertising
Public
Relations
Sales
Promotion
Personal
Selling
Direct
Mail
Internet/
E-commerce
A successful product or service means nothing
unless the benefit of such a service can be
communicated clearly to the target market. An
organisations promotional mix can consist of:
Marketing Mix (4p’s)
Slide 5 Place
www.learnmarketing.net
Manufacturer
Consumer
Manufacturer
Retailer
Consumer
Direct Distribution Indirect Distribution
Marketing Mix (4p’s)
Slide 5 Place
www.learnmarketing.net
Manufacturer
Consumer
Manufacturer
Retailer
Consumer
Direct Distribution Indirect Distribution

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Marketingmixslides

  • 1. Product Price Place Promotion Marketing Mix (4p’s) Slide 1 www.learnmarketing.net The marketing mix principles are controllable variables which have to be carefully managed and must meet the needs of the defined target group. All elements of the mix are Linked and must support each other.
  • 2. Marketing Mix (4p’s) Slide 2 Product www.learnmarketing.net Product Decisions Branding Quality Features We must remember that Marketing is fundamentally about providing the correct bundle of benefits to the end user, hence the saying ‘Marketing is not about providing products or services it is essentially about providing changing benefits to the changing needs and demands of the customer’ (P.Tailor 7/00) Benefits offered
  • 3. Marketing Mix (4p’s) Slide 3 Pricing www.learnmarketing.net Pricing Strategies Penetration Skimming Competition Product Line Bundle Psychological Pricing is the only mix which generates a turnover for the organisation. The remaining 3p’s are the variable cost for the organisation. It costs to produce and design a product, it costs to distribute a product and costs to promote it. Price must support these elements of the mix. Pricing is difficult and must reflect supply and demand relationship.
  • 4. Marketing Mix (4p’s) Slide 4 Promotion www.learnmarketing.net Promotional Mix Advertising Public Relations Sales Promotion Personal Selling Direct Mail Internet/ E-commerce A successful product or service means nothing unless the benefit of such a service can be communicated clearly to the target market. An organisations promotional mix can consist of:
  • 5. Marketing Mix (4p’s) Slide 5 Place www.learnmarketing.net Manufacturer Consumer Manufacturer Retailer Consumer Direct Distribution Indirect Distribution
  • 6. Marketing Mix (4p’s) Slide 5 Place www.learnmarketing.net Manufacturer Consumer Manufacturer Retailer Consumer Direct Distribution Indirect Distribution