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The Marketing Mix.

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Presentation on theme: "The Marketing Mix."— Presentation transcript:

1 The Marketing Mix

2 The Marketing Mix The 5 P’s of Marketing People Product Price
Promotion Place

3 The 5 P’s People – the target market
Product – what is the product – (name, packaging) Price – what customers are willing and able to pay Place – where is it sold and how it gets there Promotion – how is the product marketed

4

5 Tissue Box Project Identify the following on your tissue box (1 P per side): Product Who is your team? Place Where are they located? Price How much will a ticket be? Promotion What form of advertising will your team use?

6 Product Types Core Product: main product
Example: your football team, sports event, movie, stage show, book Ancillary Product: product related to or created from core product Example: team t-shirt, amusement-park ride based on movie

7 Marketing Mix Activity
Develop for your fantasy football franchise (see sample PPT) Remember that all decisions are centered around the target market. Identify the core product Determine an ancillary product Describe where the products will be sold (distributed) Determine the consumer price for each product (core and ancillary) Determine how and where the product will be promoted


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