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Marketing mix example for new product

marketing mix example for new product

In what kind of stored do they look for the product?
So, if the mini IPad is badly presented its may not be able to catch customers eyes.
Normally, business would use aida model for its promotion.The product I have been chosen is one of the latest product of Apple which have been released during November 2012, the mini IPad.When is the best time to promote?Target market, the target market that chosen for the mini IPad is male and female between the ages of 19 to 49, those that are currently in further education or in employment.Marketing of Services, Conference Proceeding.Moreover, there are many distribution methods that business can choose from and each one of the business choose a different way to approach it to their customers.How will you reach your audience in the most effective way possible?How do your competitors promote their product and how can it influence your promotional strategies?Apple has designed this product to meet both genders as the mini IPad is available in two colours; black and white.Elements Of A Marketing Mix.Present the research work on reactive power price based on the spot pricing.
Second factor is changes during the product life cycle as different channels can exploited at the different point.
The possible decisions marketer is making concerning the price are: pricing strategy (demand-, cost-, profit- or competition- based methods suggested retail price, volume discounts and wholesale pricing, seasonal pricing, bundling, price flexibility and discrimination, etc.
Aida stands for; * Attention : A process when Apple need to attract and grab the customers attention by having a standing out point.Place/Access: What new distribution options are there for customers to experience our product,.g.So for example, if there are no Apple stores in London, many consumers would not bother to go all the trouble to buy the mini IPad.When referring to place marketer has to make decision on distribution channels and centers, transportation, warehousing, order psp games fight night round 3 processing, etc.The goal is to make decisions that center the four Ps on the customers in the target market in order to create perceived value and generate a positive response (Net MBA Business Knowledge Center).Moreover, it is also because, all the applications are available and easily to download from the Apple store that have been built in with the mini IPad.Place element of the marketing mix is the one being concerned with a range of methods of transferring and storing goods, and then making them accessible to the consumers.At first, the company targeted older individuals who need to keep their skin looking younger forever.