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Standard 2: Functions of A Business. EQ 3A - C What are the Tasks associated with Marketing. Marketing.
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Standard 2: Functions of A Business EQ 3A - C What are the Tasks associated with Marketing
Marketing Marketing is not an event, but a process . . . It has a beginning, a middle, but never an end, for it is a process. You improve it, perfect it, change it, even pause it. But you never stop it completely. - Jay Conrad Levinson
Marketing Mix (The 4 P’s) • Product • Place (Distribution) • Price • Promotion
Product • What are products? • How are new products developed? • How are existing products improved?
Place • Where are products available for sale? • How do the products get distributed to stores and consumers?
Pricing • How do sellers know what price to charge? • What factors influence prices?
Promotion • How are customers made aware of products? • How does the seller entice the buyer to purchase the product?
Advertising Appeals • How does a company appeal to consumers? Masculine Feminine Rational Adventure Endorsements Bandwagon Snob Romance
Marketing Mix Assignment • Find 3 print advertisements and analyze the marketing mix for each one. • Also identify the advertising appeal used in each advertisement. • Staple the ads to your worksheet and turn in!
Marketing Careers • Fashion Merchandising • Travel and Tourism • Marketing Management • Market Researcher
Marketing Careers • Salesperson • Sports and Entertainment Marketing • Sales Manager • Telemarketer
Marketing Careers • Buyer • e-Marketing
Preparing for a Career in Marketing • Joining DECA, (Distributive Education Clubs Of America) in High School • Gaining Entry Level Skills by Working in Retail • Taking Business Courses, i.e. Marketing, Finance, Psychology, Math.
Skills Needed for the Marketing Industry • Written Language Skills • Public Speaking Skills • Organization skills • Data Interpretation Skills • Problem Solving Skills