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Marketing

Published on Apr 29, 2019

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PRESENTATION OUTLINE

Marketing

What is it?  What are the 4 P's?  How does it relate?
Photo by Trey Ratcliff

What is marketing

  • Study of management
  • Create relationships
  • Satisfy customers

The 4 P's of Marketing

  • Product
  • Price
  • Place
  • Promotion

Product

  • How does it fulfill consumer demands?
  • How does it stand out from competitors?
  • Can the product be paired with a secondary product?
Photo by Sean MacEntee

Price

  • Consider unit price, marketing costs, and distribution expenses
  • Consider price of competitors
Photo by athrasher

Place

  • Will the company sell the product in a store, online, or both?
  • In a store, what kind of placement does it get?
  • What kind of digital placement does it get?
Photo by marfis75

Promotion

  • Includes a variety of activities: advertising, selling, sales promotions, public relations, direct marketing, and sponsoring
Photo by Mark Fischer

How does this relate?

  • You are responsible for marketing your product
  • Your group will create a flyer and a commercial
  • The 4 P's of marketing must be taken into consideration

Your flyer

  • Graphic of puzzle
  • Price
  • Age groups
  • Company name
  • Slogan ... if you have one
  • Summary of puzzle, if you don't have it in your advertisement
Photo by edkohler

Commercial

  • Promoting your product
  • Talk about the placement of your product
  • Series of steps used to put it together
  • Stages of the project