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Introduction M
The marketing mix is integral to building a new service or campaign or fundraising product. It also plays a central role in reviewing an existing product to make sure it is effective. In 1964 Neil Borden, a professor of advertising at Harvard Business School, said that building a product (good, service or idea) is a bit like baking a cake. The concept is simple. Think about another common mix - a cake mix. All cakes contain eggs, milk, flour, and sugar. However, you can alter the final cake by altering the amounts of mix elements contained in it. So for a sweet cake add more sugar!
Product The product itself, its quality, its features, the benefits which it brings. These need to be defined from the customer's perspective not simply what you think they need and ought to have. Price The price the customer has to 'pay'. Promotion The promotion of the product is how you let customers know your product is available. Place The place, that is where you distribute your product to your
People Not only refers to the knowledge, skills and values of the people delivering the service, but also the customers and how they interact if the service is delivered to a group. Processes Processes refer to what the customer has to go through.
Physical Evidence
Physical Evidence refers to whatever your customers can see before purchasing. This can include the physical environment, packaging, supporting collateral and anything else that helps in presentation. Physical Evidence as one of the components of the marketing mix is most useful in selling and marketing services and intangible products. Whenever your customer can't feel or see your end product, then supporting physical evidence they can see and feel becomes important. Most useful in selling and marketing services and intangible products.
Physical Evidence
Packaging. Internet/web pages. Paperwork (such as invoices, tickets and dispatch notes). Brochures.
Physical Evidence
Furnishings. Signage (such as those on aircraft and vehicles). Uniforms. Business cards. The building itself (such as prestigious offices or scenic headquarters).
Other tangibles
Insur ance
Hospital
Airline
Building exterior Parking Signs Waiting areas Admissions office Patient care room Medical equipme nt Recovery room Airline gate area Airplane exterior Airplane interior (dcor, seats, air quality) Not applicable Parking, Seating, Restrooms Stadium exterior T icketing area, C oncession Areas Entrance, Playing Field
Express mail
T ickets Food Uniforms Packaging Trucks Uniforms Computers Signs T ickets Program Uniforms
S porting event