List the 4 elements of the marketing mix. As an entrepreneur, you are introducing a new chocolate yogurt. Demonstrate the application of the marketing mix for the new product you are selling.
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List the 4 elements of the marketing mix. As an entrepreneur, you are introducing a new chocolate yogurt. Demonstrate the application of the marketing mix for the new product you are selling.
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- You are developing a one page business plan for the idea. Explain the concept of a one page business plan. Explain one key component you would include as a 'selling point' for your particular business idea and whyDetermine the marketing concept for two products below. For doing so, you have to find the following: Objective of the business: A Features of the product: Benefits of the product: Target segment of consumers: Type of marketing management orientation Objective of the business: DON'T TALK ÜF LOVE & PEACE Features of the product: Benefits of the product: WHEN YOU HAVE A DEAD ANIMAL ON YOUR PLATE Target segment of consumers: Type of marketing management orientationEnhancing and optimizing customer retention and loyalty is an important part of any marketing plan. Explain why this is the case, and give two examples of businesses that use this strategy?
- 1. How does the marketing mix help a business? 2. Why do we need to recognize the importance of marketing mix in the development of marketing strategies?Any company's marketing plan must include improving and maximizing customer loyalty and retention. Describe why this is the case and provide two examples of businesses that use this strategy.A marketing plan is a process of determining a straightforward, comprehensive approach to creating customers. The following elements are critical for developing this plan: current marketing research, recent sales analysis, a marketing information system, sales forecasting, and evaluation. What is a marketing plan? Why is a marketing plan necessary for an entrepreneur? How critical are the elements mentioned above for an entrepreneur? Explain your answer.
- Apply the 4 P's of marketing to the sport product or service selected (Indian Cricket Team) Address the following items in this section of the assignment: Product: Explain the sport product or service to be marketed. Price: Identify the cost of the sport product or service as compared to its competition. Place: Describe how the product or service will be distributed to consumers. Promotion: Recommend how you will make consumers aware of the product or service.Discuss the concept of customer lifetime value. Explain why this is a concept that marketing management should strongly consider in its day to day management. You may also discuss how a company might go about implementing a program that addresses customer lifetime value.What is the purpose of a marketing plan for a company or a product/service? What do you think about each step of the marketing plan? Select one of the steps of the marketing plan and provide your explanation.
- Student Instructions: Complete the following information about the organization and products and/or services you will focus on as you develop a complete marketing plan throughout the course. You may need to do research to get answers to the questions below. Be sure the organization and offering you select will 1) remain interesting to you for the duration of the course, and 2) have sufficient information available for you to conduct research and make informed recommendations in your marketing plan.Give one example of each types of products 1. Idea 2. Place 3. Personality 4. OrganizationWhat are the marketing plans for the online business of blue light glasses?