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Everybody Wants to Work in Marketing! March 23, 2007.

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Presentation on theme: "Everybody Wants to Work in Marketing! March 23, 2007."— Presentation transcript:

1 Everybody Wants to Work in Marketing! March 23, 2007

2 4 P’s of Marketing Product Price Place Promotion

3 Product Cereal –Made from: Corn Sugar –LOTS of sugar Other stuff I can’t pronounce It kind of tastes like marshmallows

4 Product Name –Something unique –Something people will remember –Three choices Crunchy Corns Marshmallow Mellows Husker Deluxe

5 Price Competition prices –Cheerios –Kix –Lucky Charms Average Price of competition –$3.50 per box –Average minus 10% $3.15

6 Place Grocery stores –Super Saver –Sun Mart Convenience shops –Gas stations Other stores –Target –ShopKo

7 Promotion Advertising Coupons Web site –With fun stuff Packaging What characters do you recognize?

8 Design a cereal box Box must have: –Name Crunchy Corns Marshmallow Mellows Husker Deluxe –Sketch of product –“Enlarged to show texture” –“Good source of dietary fiber” –Kosher symbol


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