Saturday, May 11, 2019
Marketing Mix and Product Life Cycle Coursework
Marketing Mix and Product Life round of golf - Coursework ExampleFrom this discussion it is clear that the pasteurized goat milk exhibits superior securities industry liquefy characteristics. First, the reaping meets consumers needs. Ameri crumb homesteads need dairy products with low saturated fat, high calcium content and less allergies on their children goat milk satisfy all these consumer demands. Secondly, dairy shops and local convenience stores are ideal places where consumers can purchase pasteurized goat milk. With respect to price, a liter of pasteurized goal milk sell at $3.75 hence the product is fairy affordable. In reaching consumers of all ages, social media platforms like Facebook is the principal(prenominal) tool for forwarding and advertising of the goat milk product. Technically, the product exhibits a strong market mix profile.This study discusses thatthe market mix elements of product quality, pricing, promotion, and sales place offers an excellent and eff ective influence on marketing status of the pasteurized goat milk. Therefore, affordable pricing, sales at local convenience stores, and promotion through social media channels will remain as the main marketing strategy for the product. However, precise adjustments need to be made, particularly on aspects of people and marketing process. A preferable niche market for the pasteurized goat milk comprise of mostly parents and the elderly. Unfortunately, most parents and elderly citizens are not prompt on marketing platforms like social network sites.
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