Marketing mix INTRODUCTION Marketing mix helps an organization
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CHOOSE ONLY ONE OF THE MARKETING MIX ELEMENT
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Marketing mix INTRODUCTION Marketingmixhelpsanorganizationto analyze 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 seven factors included in marketing mix are Product, price, place, promotion,physicalevidence,peopleand process. Product is an element which covers different items that a company offers. Pandora is a company that is associated with lifestyle as well as retail industry. This mainly deals in stones and jewellery. This company as started in the year 1982 by Per Enevoldsen. Thiscompanycoversthirdpositioninthe global arena in context of sales figure.This companyhascreatednicheplaceforit's products by working actively and providing high quality items. This company has shipped morethan100millionsofpiecesthrough crafting facility. Element of marketing mix Theproductisthemostessentialfactorof marketing mix. In context of Pandora company, themainreasonbehindit'ssuccessisthe innovative and variety products. It is essential for thecompaniestomanagetheirproducts effectively.Thishelpsinattractingcustomers through providing new and innovative products. Promotion 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 jewellery brand across the world. Thiscompanyoffersgreatproductsby working effectively and providing high quality products.Theproductsofferedbythis organization are hand made gems which are made by talented and skilled workforce. This organizationprovideshighqualitytrustful gems and excellent high quality products are usedlikeglass,jewels,pearls,manmade stones, sterling silver, calfskin, etc. Pandora also offers charms, necklaces, rings, earnings and bracelets. Conclusion References The marketing mix, (2015) The marketing mix 4P’sand7P’sexplained.[Online].The marketingmix4P’sand7P’sexplained. [Accessed: on 25th September 2018] Westwood,J.,(2013)Howtowritea marketing plan. UK: Kogan Page Publishers. Wrenn,B.andMansfield,P.M.,(2014) Marketingplanningguide.Germany: Routledge.