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Marketing mix<br/>Marketing mix, often referred to as the 7Ps, is a fundamental concept in marketing that represents a set of tools and tactics used by businesses to promote and sell their products or services. The 7Ps stand for Product, Price, Place, Promotion, People, Process and Physical Evidence.<br/>Here's an overview of each component:<br/>Product:<br/>This refers to the physical product or service that a company offers to meet the needs and wants of its customers. It involves product design, quality, features, branding, and packaging. Understanding the product life cycle is also crucial in this context.<br/>Example:<br/>The iPhone is a line of smartphones designed and marketed by Apple Inc. It is known for its sleek design, advanced features, and integration with the Apple ecosystem. The product includes hardware specifications, software (iOS), and additional features such as the App Store and iCloud.<br/>Price:<br/>Price represents the amount of money customers are willing to pay for a product or service. Pricing strategies can vary, including penetration pricing, skimming pricing, discount pricing, and value-based pricing. Pricing decisions often consider factors such as production costs, competitor pricing, and perceived value.<br/>Example:<br/>Apple adopts a premium pricing strategy for the iPhone. Despite the higher cost compared to some competitors, the brand's reputation for quality and innovation justifies the price point. Apple often introduces new models at different price levels to cater to various customer segments.<br/>Place (Distribution):<br/>Place refers to the channels and methods used to make the product or service available to the target customers. Distribution channels can include direct sales, retail, e-commerce, wholesalers, and more. Effective distribution ensures that the product is available at the right place and time.<br/>Example:<br/>iPhones are available through various distribution channels, including Apple's own retail stores, authorized resellers, and telecommunications carriers. Apple's direct-to-consumer approach through its online and physical stores emphasizes the importance of customer experience in the purchase process.<br/>Promotion:<br/>Promotion involves the marketing and communication strategies used to create awareness and persuade customers to purchase a product or service. This includes advertising, public relations, sales promotions, personal selling, and digital marketing. The goal is to create a strong brand image and communicate the value of the product to the target audience.<br/>Example:<br/>Apple employs a mix of advertising, public relations, and digital marketing to promote the iPhone. High-quality and visually appealing advertisements showcase the product's features and highlight its unique selling points. Apple also relies on a strong brand image, product launches, and events to generate buzz and anticipation.
⏲ 6:26 👁 535K
The Mysterious Tech
⏲ 16 minutes 12 seconds 👁 1.6M
Success Secrets TV
⏲ 12 minutes 27 seconds 👁 14.4K
Comelec, Miru inspect HP-printed sample election ballots<br/><br/>Comelec Commissioner Rey Bulay and Philippine Consul Cecille Joyce Lao inspect the HP-printed ballots that would be used in the 2025 midterm elections in the Philippines. Bulay and Lao attended the Miru-Comelec Day in Düsseldorf, Germany on June 3, 2024 that showcased the systems set up by Miru, the poll body’s South Korean service provider, and its partner HP. Miru Systems Vice President Ken Cho and Arnon Goldman, General Manager of Industrial Print at HP, were also present in the event. <br/><br/>Contributed Video<br/><br/>Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe <br/><br/>Visit our website at https://www.manilatimes.net <br/><br/>Follow us: <br/>Facebook - https://tmt.ph/facebook <br/>Instagram - https://tmt.ph/instagram <br/>Twitter - https://tmt.ph/twitter <br/>DailyMotion - https://tmt.ph/dailymotion <br/><br/>Subscribe to our Digital Edition - https://tmt.ph/digital <br/><br/>Check out our Podcasts: <br/>Spotify - https://tmt.ph/spotify <br/>Apple Podcasts - https://tmt.ph/applepodcasts <br/>Amazon Music - https://tmt.ph/amazonmusic <br/>Deezer: https://tmt.ph/deezer <br/>Stitcher: https://tmt.ph/stitcher<br/>Tune In: https://tmt.ph/tunein<br/><br/>#TheManilaTimes<br/>#tmtnews<br/>#comelec<br/>#miru<br/>#2025elections
⏲ 1:59 👁 4.2M
CNBC Television
⏲ 1 minute 46 seconds 👁 286
Hearth, Patio u0026 Barbecue Association
⏲ 3 minutes 10 seconds 👁 100
It's the Bad Boys Friendship Quiz! In this episode, we're putting Will Smith and Martin Lawrence's friendship to the test. The 'Bad Boys: Ride or Die' actors and long time friends ask each other all sorts of questions (and hopefully know the answers). When did they first meet? What is Will's go-to dance move? Can they sing the theme songs for 'Martin' and 'The Fresh Prince of Bel-Air?'BAD BOYS: RIDE OR DIE is exclusively in movie theaters June 7, 2024. https://www.badboys.movie/Director: Kristen DeVoreEditor: Phil CeconiTalent: Martin Lawrence; Will SmithProducer: Sam DennisSenior Producer: Elizabeth HalberstadtLine Producer: Jen SantosProduction Manager: James PipitoneProduction Coordinator: Elizabeth HymesTalent Booker: Meredith JudkinsProduction Assistant: Brock SpitaelsPost Production Supervisor: Rachael KnightPost Production Coordinator: Ian BryantSupervising Editor: Rob LombardiAssistant Editor: Billy WardSpecial Thanks: Junket Productions Inc: Evelyn Ortiz; Chloe Zarco; Ian Serfontein; Jeremy Hession; Ryan Rich; Pete Kelley; Vincent Donadeo; Matt Donchess; Pascal Orrego; Connor Smith; Janette Batres
⏲ 10:42 👁 525K
Sola Renz
⏲ 14 minutes 26 seconds 👁 1M
medicaldtv
⏲ 2 minutes 26 seconds 👁 53
Renault is unveiling the high-performance version of Rafale: Renault Rafale E-Tech 4x4 300 hp. Channelling all the passion and expertise of the brand, the new plug-in hybrid powertrain delivers the best of both worlds, ICE and electric, with a preference for everyday electric driving. Renault Rafale E-Tech 4x4 300 hp is more than just a high-performance powertrain. A vehicle in tune with its times, it is ultra-efficient, with a range of up to 1,000 km (WLTP*). With the electric motor added to the rear axle, this brand flagship gains a permanently active 4-wheel drive set-up. Packed with the best in high-tech features and safety systems, Rafale E-Tech 4x4 300 hp also optimises traction and roadholding in all circumstances.<br/>The Atelier Alpine version pushes the boundaries of excellence still further in terms of sheer driving pleasure, with the support of the experts from the Alpine brand. With a chassis tuned by the engineers of Alpine Cars and a smart active suspension system, Renault Rafale E-Tech 4x4 300 hp Atelier Alpine is built to deliver exceptional handling and driving pleasure.
⏲ 3:1 👁 335K
bbqtv
⏲ 1 minute 6 seconds 👁 246
Brandster, Inc.
⏲ 31 seconds 👁 39
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