P6 Template Select a Product, target market and objectives

Slides:



Advertisements
Similar presentations
Indicator 3.10 part II Employ product-mix strategies to meet customer expectations.
Advertisements

P3 & M1.
Market Research and Planning
Lesson 3-How Branding is used in Marketing
INTRODUCTION TO BUSINESS & MARKETING Marketing Concept & Mix.
What is Marketing? Everything What is marketed?  Goods Consumer and industrial  Services  Ideas.
BTEC Business Level 3 Unit 3- Assignment 4 P6, M3.
Starting a Small Business
MARKETING Strategies MARKETING Process.
4 P’s of Marketing.
P1-What to do Unit 3.
Branding.
MARKETING OBJECTIVES Ansoff. Lesson Objectives 1)To understand how Marketing Objectives link with Corporate objectives 2)Understand why we have SMART.
Objectives: List the four components of the Marketing Mix Understand that the Marketing Mix is the basic, central recipe for all Marketing plans Books.
Unit 3 Introduction to marketing
Year 11 Unit 2 – Controlled assessment (25%)
13 Chapter Marketing in Today’s World pp
Ms. Park. 1. Market Analysis 2. Market Selection 3. Marketing Mix.
Chapter 1: World of Marketing Section 1.1 What is Marketing.
Identify the 4 P’s. Learning Objectives To be able to identify and discuss the different parts of the marketing mix To be able to identify the relevance.
Marketing Marketing Planning
Chapter 30 product planning Section 30.1 Product Development
Writing Up P1 for YTB I am at Bradford Magistrates Court today. Sorry to miss your lesson. I know you :- know what to do can do it will do it to your usual.
Chapter 13 Marketing in Today’s World
Wednesday, June 22,  personal survival budget;  cost of premises, equipment and supplies;  running costs;  employing staff;  pricing policy;
2.02Classify the functions of marketing and the marketing mix.
P4 use marketing research for marketing planning
Back to Table of Contents pp Chapter 13 Marketing in Today’s World.
Role Play: Toy Company Intern Chapter 2 – Basic Marketing Concepts The DECA Connection Contact: Nicole Smith
The Marketing Mix. The 5 P’s of Marketing People Price Place Product Promotion.
Product Life Cycle Marketing I.
Retail Marketing Communications
Yorkshire 2011 Lesson Plan. Lesson Objectives By the end of this series of 3 lessons pupils will be able to :- All :-Carry out research to Identify the.
D. Marketing a Small Business 6.00 Explain the fundamentals of marketing in a small business Explain marketing and its importance.
Section 30.1 Product Development Chapter 30 product planning Section 30.2 Sustaining Product Sales.
Marketing Campaign A Marketing Campaign You have been asked to produce a marketing campaign for a ‘Trainer/Sport Shoe’ Come up with the design.
Sunrise Deli Food Truck
THE MARKETING MIX. What is the Marketing Mix? The operational part of a marketing plan Set of controllable marketing tools Used to produced desired response.
Today I will: investigate through reading, writing, listening, and engaging discussion the “Marketing Mix” So I can: List and understand the four components.
Research Assessment Task
Lesson 2 – Market Segmentation and Marketing Mix.
Target Market - Review What is a market? ◦ People who share similar needs and wants and have the ability to purchase a given product are a market What.
MARKETING MIX. What is Marketing Mix? The marketing mix is the combination of marketing activities that an organisation engages in so as to best meet.
The Marketing Mix. 4.2 Marketing Applications The Marketing Mix: Consists of variables controlled by marketing professionals in an effort to satisfy the.
Starter: Watch the following video Beauchamps High School.
The marketing mix Candidates should be able to: Define the marketing mix Assess the influences on the marketing mix such as finance, technology and market.
Marketing in Today's World Unit 4, Chapter 13 Page
SECTION 2.1 THE MARKETING CONCEPT Chapter 2: Basic Marketing Concepts.
MARKETING MIX.
Presentation on Marketing Mix
Business Planning – Lesson 6
Changing the competitive environment
Retailing Aim: How do retailers set themselves apart, even though they do not produce products? Do Now: Describe your favorite department store. Why.
The World of Marketing Standard 1.
Books needed today. Read pages 20 – 23.
Starter Question for discussion - What tools do businesses use to help convince potential customers to purchase their product?
Chapter 2: Basic Marketing Concepts
Eagle Challenge Google Classroom 5 Questions Article Reading.
تهيه كننده : دكتر محمد مظهري
The Marketing Mix Promotion
إدارة التسويق.
Marketing Concept 1-3.
The World of Marketing Standard 1.
Chapter 13 Marketing in Today’s World
Classical Oration Argument.
Marketing Your Product/Service
Lesson: competition Starter 5 mins Multi-choice question
MARKETING MIX – Ps 7 Product Place Product Place Promotion Price
Students can distinguish between a good and service
Presentation transcript:

P6 Template Select a Product, target market and objectives Create a marketing mix for your product Explaining your decisions. PEEA (Point Explain Example Analyse) Hand in by End lesson

Resources http://marketingteacher.com/lesson-store/lesson-pricing.html U:\Business Studies\Students\BTEC Level 3 Sept 2010 onwards\Unit 3 Introduction to Marketing\Assignment 4

P6 and M3 can be done together Task 1 Develop a proposal for a coherent marketing mix for a product or service targeted to a defined group of potential customers   The product or service does not have to be entirely new; it could be an established product or service introduced to a new market. The marketing mix should include at least the 4 Ps, product; price; place; promotion This provides evidence for P6 The marketing mix must be clearly targeted to a defined group of potential customers and needs to be detailed and coherent so that product, price, place and promotion are all designed to appeal to the clearly defined needs and aspirations of the target group of customers This provides evidence for M3

Choice of product, Target market and Objectives

Product

Price

Promotion

Place

Conclusion