Table of content Introduction Product description Market Analysis Segmentation, targeting and positioning Marketing mix Conclusion References
INTRODUCTION Marketing is fundamental for company to gain attention of numerous individuals towards products and services. This presentation is based on PlayStation 4 which is developed by Sony Corporation. Thebasicprinciplesofmarketingreflectaboutthe analysisandutilisationofmarketingmixinan appropriate and suitable manner.
PRODUCT DESCRIPTION PlayStation 4 is considered as a eighth generation video game which is developed by Sony. People will charge PS4's controller when it is on standby mode. Along with, controller has share button so that individuals will easily share this on social media.
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MARKET ANALYSIS PlayStation 4 is upgraded version of ps3 which help to capture attention of numerous people towards it. Itismuchdemandingamongstpersonsduetoits innovative design and tools. Therearemanycompetitorsofps4andthiswill comprise Microsoft 'Next' box, Apple and iOS, Valve Steam Box and so on.
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SEGMENTATION, TARGETTING AND POSITIONING Segmentation:Organisation will divide market as per needs and wants of people because this will aid them to accomplish each desires. Targetting:Basically, firm target youngsters for their product because PlayStations are highly demanding by those people Positioning:Brand image of an association is much effective and this will help them to take benefits from rivals at marketplace.
MARKETING MIX Product:PS4 is much effective which will gain attention of numerous persons. Price:Company is using an effective pricing strategy which help them to take benefits from rivals at marketplace. Promotion:Manager of Sony use many kinds of tools or methods for marketing of goods and services. Place:People will purchase PlayStation 4 from the store of Sony.
Conclusion Fromabove presentation it has been concluded that organisation has to analyse their market so that they will be able to accomplish their desires on time. Marketing mix will be evaluated by them to take benefits from rivals.
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References Eaves,M.andLeathers,D.G.,2017.Successful nonverbal communication: Principles and applications. Routledge. French, J. and Russell-Bennett, R., 2015. A hierarchical modelofsocialmarketing.JournalofSocial Marketing.5(2). pp.139-159. Villeneuve, J. P. and Pasquier, M., 2017.Marketing management and communications in the public sector. Routledge.