Marketing Mix

Marketing alloy MKT421 March 12, 2010 When planning a trade dodge, an disposal must consider certain subdivisions that testament leaven its ingathering. every constitution that implements a viable market strategy allow for determination a marketing mix that consists of product, price, come in and advance make up the marketing mix. Using these elements will answer to ensure customer satisfaction. In this paper apiece element will be defined and an explanation of how these elements regard the training of the marketing strategy of an organization will be explored. The organization that I chose for this paper is Verizon Wireless. Marketing Mix Elements An expression by 12Manage states that the marketing mix, can be used by marketers as a asshole to assist in formation the marketing strategy. Marketing managers use this method to attempt to fork up the optimal response in the tar go through with(predicate) market by blending 4 (or 5, or 7) variables in an optimal way. It is important to understand that the Marketing Mix principles are controllable variables. The Marketing Mix can be familiarized on a frequent basis to have the ever-changing postulate of the target group and the other kinetics of the marketing environment.

The four elements; product, price, place, and promotion of the marketing mix can be manipulated as the organization sees perish to help meet the needs of consumers and the organization. For example, if the organization determines that the price of a product in a certain location is withal high or low, it may decide to make changes in prici ng in that unique(predicate) locale. Prod! uct Product refers to the service or physical goods that a telephoner markets for the benefit of the consumer. Developing the product includes packaging the product in a way that will be lovely to the customer. Researching what the customer deficiencys or needs in a product... If you want to get a full essay, order it on our website: OrderCustomPaper.com

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