BUS 5112: Developing a Marketing Strategy for Country Road Brand
VerifiedAdded on 2023/06/16
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Report
AI Summary
This report provides an overview of Country Road's marketing strategy, focusing on the application of the 4Ps marketing mix (Price, Product, Place, and Promotion). It examines how Country Road utilizes digital marketing, particularly social media, to engage with consumers. The analysis covers the company's pricing strategies, product design and quality, distribution channels including online delivery and return policies, and promotional activities through various digital platforms. The report concludes that a stable marketing strategy, like the marketing mix process, is crucial for driving an organization's promotional and economic growth. The document also references previous studies which claims that the 4P's theory affected retail department as consumers were satisfied by having low prices, discounts, delivery services and advertisement on the various platforms. This method increases the sale and production with fulfilling the desire and expectations of people in fashion trends.
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