Changeroo Marketing: Product Line Analysis using the 4Ps Framework
VerifiedAdded on 2023/06/11
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Essay
AI Summary
This essay provides an introduction to the marketing strategies employed by Changeroo, an online store specializing in new children's clothing. Founded in 2014, Changeroo has gained popularity by offering high-quality clothing at competitive prices, focusing on customer service, and even including a maternity wear section. The analysis focuses on Changeroo's product line, applying the four Ps of marketing—product, price, place, and promotion—to understand its approach. Changeroo differentiates its products through psychographic segmentation, offers discounts up to 75%, utilizes online sales channels, and employs various promotional strategies like social media marketing and store credit to attract and retain customers. The essay concludes that the effective use of the four Ps has helped Changeroo position itself effectively in the marketplace and differentiate itself from competitors like Pam GM concepts, Little Me, and OK kids.
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