Thursday, 4 April 2013

Marketing Mix - Describe the elements of the marketing mix. MKT/421

Introduction

Marketing mix is the s ....What is Marketing? Well so remote my understanding from the information I have reviewed in regards to market, is that selling is the basic process by which a harvest-festival or service is determined, accordingly it is priced, promoted, and distributed to consumers. Overall the marketing of a crossway is the defining action in which a company determines what call for have to be met in order to decease the product distributed to the consumers. This paper will review marketing as be in this weeks reading.

Marketing

Marketing concentrates primarily on the consumers. After determining, the consumers needs and wants for a product, the marketing department or firm must then create a marketing strategy that will ameliorate the consumer of a particular product. Then the marketing process becomes an on-going cycle.

Marketing includes planning, organizing, directing, and controlling the decision-making regarding product lines, pricing, promotion, and servicing. The marketing department or marketing firm has to account for numerous factors when launching a tonic product or product line. Some of the factors for the marketing team up to consider would be Who is using the product? What is the best bureau to distribute the product? Where to distribute the product and What is the cost of this product?

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Marketing does not stop once the product is on the market, then it most considered how to maintain a high direct of demand for its product and then how to keep this product up to date or when is it the right time to develop a new product. So many factors and decisions need to be reviewed and penalize in regards to marketing.

Marketing in a global arena

When marketing a product into the international arena there are of tier the same principles that apply, the marketing firm must determine...

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