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Marketing Mix (4p’s)
                 Slide 1

         Product                  Price


          Place              Promotion

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.


 www.learnmarketing.net
Marketing Mix (4p’s)
                            Slide 2 Product

                                 Product Decisions




Branding                             Quality                              Features

                       Benefits offered

    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)

                www.learnmarketing.net
Marketing Mix (4p’s)
                                    Slide 3 Pricing
                                                       Penetration


                                                        Skimming


       Pricing Strategies                              Competition


                                                       Product Line
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
                                                         Bundle
a product and costs to promote it. Price must
support these elements of the mix. Pricing is
difficult and must reflect supply and demand           Psychological
relationship.

                       www.learnmarketing.net
Marketing Mix (4p’s)
                             Slide 4 Promotion
                                                Advertising


                                                  Public
                                                 Relations

                                                   Sales
     Promotional Mix                             Promotion

                                                 Personal
                                                  Selling

A successful product or service means nothing     Direct
unless the benefit of such a service can be        Mail
communicated clearly to the target market. An
organisations promotional mix can consist of:
                                                  Internet/
                                                E-commerce


                  www.learnmarketing.net
Marketing Mix (4p’s)
                          Slide 5 Place

Direct Distribution           Indirect Distribution

                                    Manufacturer

       Manufacturer


                                      Retailer




         Consumer
                                      Consumer




             www.learnmarketing.net
Marketing Mix (4p’s)
                          Slide 5 Place

Direct Distribution           Indirect Distribution

                                    Manufacturer

       Manufacturer


                                      Retailer




         Consumer
                                      Consumer




             www.learnmarketing.net

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Marketingmixslides

  • 1. Marketing Mix (4p’s) Slide 1 Product Price Place Promotion 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. www.learnmarketing.net
  • 2. Marketing Mix (4p’s) Slide 2 Product Product Decisions Branding Quality Features Benefits offered 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) www.learnmarketing.net
  • 3. Marketing Mix (4p’s) Slide 3 Pricing Penetration Skimming Pricing Strategies Competition Product Line 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 Bundle a product and costs to promote it. Price must support these elements of the mix. Pricing is difficult and must reflect supply and demand Psychological relationship. www.learnmarketing.net
  • 4. Marketing Mix (4p’s) Slide 4 Promotion Advertising Public Relations Sales Promotional Mix Promotion Personal Selling A successful product or service means nothing Direct unless the benefit of such a service can be Mail communicated clearly to the target market. An organisations promotional mix can consist of: Internet/ E-commerce www.learnmarketing.net
  • 5. Marketing Mix (4p’s) Slide 5 Place Direct Distribution Indirect Distribution Manufacturer Manufacturer Retailer Consumer Consumer www.learnmarketing.net
  • 6. Marketing Mix (4p’s) Slide 5 Place Direct Distribution Indirect Distribution Manufacturer Manufacturer Retailer Consumer Consumer www.learnmarketing.net