Marketing mix INTRODUCTION Marketing mix helps an organisation
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Added on 2023/01/12
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CHOOSE ONLY ONE OF THE MARKETING MIX ELEMENT
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Marketing mix helps an organisation to analyse the brand's place, promotion, product and price. This information is used for making new strategies and plans in order to make more profits and money. The sevenfactorsincludedinmarketingmixare Product, price, place, promotion, physical evidence, people and process. Product is an element which covers different items that a company offers. Pandoraisacompanythatisassociatedwith lifestyle as well as retail industry. This mainly deals in stones and jewellery. This company has started in the year 1982 by Per Enevoldsen. This company covers third position in the global arena in context of sales figure.This company has created niche placefor itsproductsby working activelyand providing high quality items. This company has shipped more than 100 million of pieces through crafting facility. This company also offers charms that consists of dangles, safety chains, spacers, clips, etc. Pandora is one of the most popular and leading fashion and jewellerybrandacrosstheworld.Thiscompany offersgreatproductsbyworkingeffectivelyand providing high quality products. The products offered by this organisation are handmade gems which are madebytalentedandskilledworkforce.This organisation provides high quality trustful gems and excellent high quality products are used like glass, jewels,pearls,handmadestones,sterlingsilver, calfskin, etc. Pandora also offers charms, necklaces, rings, earnings and bracelets. Marketing mix INTRODUCTION Product (marketing mix) of Pandora CONCLUSION From the above discussion it is concluded that marketing mix is an essential factors that helps in analysing the value of company. The products offered by Pandora organisation are of high quality and for continuing this, it is important for it to innovate the services and products offered. REFERENCES Ramani,N.andSrinivasan,R.,2019.Effectsof LiberalizationonIncumbentFirms’Marketing-Mix ResponsesandPerformance:EvidencefromaQuasi- Experiment. Journal of Marketing, 83(5), pp.97-114. Sulaiman, J. and Syahrivar, J., 2018. The Influence of MarketingMix4AandEthicalConsciousnesstowards Ethical Consumption.