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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.

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Presentation on theme: "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."— Presentation transcript:

1 THE MARKETING MIX

2 What is the Marketing Mix? The operational part of a marketing plan Set of controllable marketing tools Used to produced desired response in the target market

3

4 Product Goods and services combination offered to the target market

5 Price Be aware of the customers perceived value Amount the consumer must exchange to receive the offering

6 Place Should be convenient and accessible for consumers Distribution Company activities that make the product available to target consumers

7 Promotion All of the activities marketers undertake to inform consumers about their products and to encourage potential customers to buy these products. – Advertisement locations – Promotional tools – Slogans, jingles, catch phrases


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