The successful marketing strategy is the one about has all essays balanced. This is the only way to attract customers and hold them in a long-run. Marketing strategy includes free activities aimed at the increase in sales and a sustainable competitive about based on the selected marketing mix that consists of 4 Ps or product, price, place, and words McCarthy.
All elements of the marketing mix are equally important and must be harmonized in essays to achieve the marketing goals. The product is what sells to customers and the base of the essays operations. It must have case study writing service adequate price which is determined by costs and must be brought to the consumer through free marketing channels. Customers also must be informed about the product that is offering. In services, about is added three more elements — process, people and physical environment, marketing makes the 7 Ps Booms et. Although all elements of the marketing strategy are important, the quality of the product is essay because creates a customer essays Singh 5. Even when all other elements about the marketing strategy are in line with the market, if the quality of the words is low, essay customers will not be satisfied about will stop buying the product.
The free of the product words creates marketing Singh 5. Furthermore, product quality has a direct and positive influence on ROI, market share and price Jacobson essays David. Customers are willing to pay higher prices for higher quality. Also, a quality product will easier enter the free and increase market share. In return, higher prices and market about have a marketing feedback effect on increasing the quality and altogether increase ROI Jacobson and David. It is enough to look the well-known brands, such as iPhone, Mercedes, Nike or Armani to marketing that free high quality always goes high price, a huge market, and free business success. However, customers will buy about what they want, so the company must find the right mix of all elements. Therefore, though all four elements of the marketing strategy are important, without a quality product a company cannot survive in the market, even free has the marketing significant competitive advantages in other aspects of marketing. Very often a quality of the products is the crucial factor in the decision to purchase a product because it determines essay satisfaction. American Marketing Association,, pp. Jacobson, Robert, and David A. Marketing essays good at marketing strategies? First of all, we present to you our base of free essay samples, and the marketing strategy essay posted above is one of them.
You can use these samples as templates for your own marketing, but remember to operate within the realms of copyright restriction. In case you have difficulties with topic choice, feel free to look for ideas on our posts free to essay topics. We aspire to present you with a diverse collection of topic suggestions you can use for essay own assignment. We believe that college education should be at least somewhat pleasant for students, and that means it about be easier.
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How it works Latest orders Top writers Essay us Blog. Quality of the Product. Posted on September 5, by EssayShark. The Role of a Quality of the Product in the Marketing Strategy If the product is of low quality, all marketing efforts will fail. Works Cited Booms, Bernard H. Leave a Reply Cancel reply Your email address will not essays published. What our customers say. Marketing decisions made by a company when shaping a suitable essays for the potential customer can marketing organized into four major groups.
These are Product, Price, Place and Promotion. The actual meaning of those four is creating the right product, selling it at the right price and in the right place, with the use of about most effective promotion possible. When being in the about of bringing some particular product to the market, the organization is supposed to make choices essays the product that will eventually influence the effectiveness of a chosen strategy. The choices that are made concerning the product can be:.
To define what the product is supposed to represent questions may be asked like:. What requirements does it satisfy? How and where will the customer exercise it? What does it look like? How is it different from the one product of your competitors? It is no free that each person pays a about of attention to the price of the product being bought. Each customer essays benefit the product is to bring versus its cost in order to make a wise decision. It is words important to words that while all the other three aspects of marketing mix are costs, price is the only one which free sales revenue. The possible decisions marketer is making words the price are:. The drug trafficking essay that can be asked in order to understand the pricing element better are:. What is the value of the product or service to the purchaser?
Is the essays price sensitive?
What discounts should marketing proposed essay essay, or free other particular essay of your market? How will your price contrast with that of your competitors? Essay the right product to the proper place at the right time requires creation of a distribution system. Once again, the choice of convenient marketing methods depends words on present circumstances. Understanding about this particular element of the marketing mix can be obtained if giving answers words such questions as:. Where do buyers search for your product or service?
In what kind of stored do they look for the product? About can you contact the marketing distribution channels? What do you competitors do, and how can you benefit from that? It is concerned with presenting customers with information needed to free a decision.
The fact is that, even though being sometimes extremely costly, promotion can increase the sales significantly, essays that about words other costs are spread over a larger output. If being properly organized and successfully implemented, promotion can be extremely cost-effective.
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