guess the cereal? cap’n crunchfruit loopshoney smacks
TRANSCRIPT
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Guess the Cereal?
Cap’n CrunchFruit Loops Honey Smacks
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Guess the Cereal?
Cocoa PuffsLucky Charms Honey Smacks
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Guess the Cereal?
Frosted FlakesHoney NutCheerios
Trix
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Guess the Cereal?
Count ChoculaCinnamon ToastCrunch
Rice Krispies
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“Breakfast of Champions”
“Like a Good Neighbor”
“Melts in Your Mouth, not…”
“They’re Grrrreat!”
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Why do we know these slogans
so well?
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We are bombarded with marketing messages everyday.
Over 5,000 per day.
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Consumer Society(Market Economy)
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Consumer Societies are driven to attain purchasing power to buy goods & services.
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Marketing is a big deal in
consumer societies.
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Marketing StrategyTo Satisfy Consumer Needs and Wants
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Let Mikey try it!
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Give Them What They Want
The fundamentals of marketing
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Marketing is…
• Satisfying customer needs & wants through:
Designing
Promoting
Selling
Distributing
• A Product or Service
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Marketing Mix is a Strategy
Target Market
Price
Product
Place
Promotion
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Target Market
A specific group of consumers at which a company aims its products and services
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Price
Value?
Location?
How much does customer care about price?
Competition?
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Product
What to make?
When to make it?
Level of quality?
How many?
How to package and label?
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Place
Where sold?
What kind of store?
Distribution?
Salespeople?
Competition?
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Promotion
Where Promote?
How Promote?
Radio? TV?
Billboards?
Social media?
When?
Competition?
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Product Price
Promotion
Place
•Sweet & crunchy
•Whole grain
•Healthy, delicious Excellent source
of B-vitaminsBright packaging, different size boxes
•TV Commercials
•Coupons
•Sweepstakes
•Offers
•Recipes
•Nutritional Info
•Homemakers are cost conscious
•Looking for value
•Very competitive
•Convenience storesmore expensive
•Retail stores
•Supermarkets
•Entire aisles
•Marketing battlefieldFriendly, helpfulsalespeople
Marketing Mix Graphic Organizer