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White Bag Marketing IB Business.

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Presentation on theme: "White Bag Marketing IB Business."— Presentation transcript:

1 White Bag Marketing IB Business

2 What is on drink labels? Name of Product
Nutrition Facts – number of ounces Information on what the product does? Benefits Extras someone might get??????

3 Rules of the Game Partners Assigned Each group will get a white bag
In the bag is a bottle of water A 3 x 5 card gives you your scenario You must develop: A Name for your product A marketing mix

4 Marketing Mix Product – packaging; brand name; logo
Price – what should the price be; what should it communicate Place – where will your product be available? Promotion – How will you let people know about your new drink? IB Learning Objective Construct an appropriate marketing mix for a product

5 Marketing Assignment Design marketing strategies for given situations. Apply an appropriate marketing mix to the strategy How will you promote your product????? Above the Line promotion – what two types will you use?? Below the Line Promotion – what two types will you use?? Prepare a presentation on your product to the class

6 Continuation Finish your product presentation.
How will you promote your product????? Above the Line promotion – what two types will you use?? Below the Line Promotion – what two types will you use??


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