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Marketing Principles Task 4
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4.1 Develop a marketing plan •Marketingmixisan important tool that is used tomarketproductsof company.The2different segmentsforwhich marketingmixcanbe defined as-
Contd.. DemographicGeographic ProductCompany offers different hamburgers and french fries Company offers hamburgers which includes veg. And non veg. PriceIt offers its burgers and french fries according to the contents in a target market. Prices varies according to
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Contd.. PlaceOutlets ofOutlets of McDonald's PromotionEvent sponsorship and networking sites Online promotions and in store promotions.
4.2 Difference between B2B and B2C Prices are always established in an organisation with a view point of its objectives. Some firms do not have other business as their consumers. They look for other business firms for selling products. the difference b2b and b2c are •in b2b ,business looks for another business firm for transacting the business. while in b2c firm sells their products to consumers. •In b2b , business buyer is there , who wants to buy. •Business buyer seeks information about product which enables success.
4.3 Difference among the international to domestic marketing DOMESTICINTERNATIONAL Its scope is limitedIts scope is not limited The benefits are less.It has more benefits It is limited to limited use of technologyIt uses latest technology It does not have any political relationsIt involves improvement of political relationships. Faces less obstructionsFaces more obstructions
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REFERENCES •Sheth, J. N. and Sisodia, R. S., 2006. Does marketing need reform?: Fresh perspectives on the future. ME Sharpe. •Lees-Marshment,J.,2009.Politicalmarketing:principlesand applications. Routledge. •Brassington, F. and Pettitt, S., 2005. Principles of marketing. FT Prentice Hall. •Armstrong, G. and et. al., 2014. Principles of marketing. Pearson Australia.