Question
$20.00 Marketing mix (comparision of Coca Cola and Pepsi)(Unit 1 Individual Project Principles of Marketing)
Found in Business: MarketingChapter 1, # 0
Q:
Choose two competing products with which you are familiar. These two products will become the basis of the analysis of how two different companies address the 4 Ps.
- Briefly describe the two products. Include the following:
- Industry, Industry Leaders
- Each product's sales figures or market share
- Fluctuation in sales of products (year to year or seasonally)
Details.
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Product 2 |
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Description of Product |
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Place (Distribution) |
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Product Placement |
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Pricing Techniques |
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Promotions |
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Place (Distribution)
- Where are the two products found? Are they in the same outlets?
- Do some outlets exclusively sell one or the other? Provide more detail.
Product Placement
- Compare the product placement of the two brands.
- Consider the target market for each.
Pricing Techniques
- What type of pricing is used to sell each product?
- Are coupons prevalent? Are sales, price reductions common? If so, when?
- Is there a seasonal demand for the product? How does this affect pricing?
Promotions
- Analyze the messages for each product across the various types of types of promotions are used (new media, television, radio, print, outdoor, PR, etc).
- Are the messages consistent across media?
- Are they appropriate for the target market?
Social Responsibility and Ethics have become an important selling point for companies. Since this is a relatively new trend, it makes sense to add this to the analysis of promotions.
- Go to the websites supporting the brands and research the causes that are supported by the products' parent companies. Describe the programs.
- Explain how they fit in with the 4 Ps. Are the corporate community-based projects appropriate for each brand? Explain.
Marketing mix (comparision of Coca Cola and Pepsi)(Unit 1 Individual Project Principles of Marketing)
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- Posted on Aug 20, 2011 at 4:55:40PM
A:
Preview: ... the following:
Industry, Industry Leaders
Each product's sales figures or market share
Fluctuation in sales of products (year to year or seasonally)
Research and create a bullet-point table that will compare the 2 products, the go into more depth in the following sections
Details.
Product 1
Product 2
Description of Product
Place ( ...
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Marketing mix (comparision of Coca Cola and Pepsi)(Unit 1 Individual Project Principles of Marketing).docx (47K) (Preview)
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