Marketing Mix Articles

Marketing Mix of Mango [Step by Step Guide]

Marketing Mix of Mango describes 4Ps Product, Place, Price, and Promotion. Punto Fa, S. L is widely known by its trade name Mango. It is related to the lifestyle and retail industries as they deal with apparel and accessories. The business was founded in 1984 by its co-founders and brothers Nahman Andic and Isak Andic and is of Spanish origin. Mango is an emerging, fast-fashion brand known for its elegant apparel. It is facing competition from below-

  • Zara
  • Bershka
  • Cos
  • Supreme
  • French Connection
  • New Look

Let’s discuss the Marketing Mix of Mango

marketing mix of mango

Product in the Marketing Mix of Mango

Mango is a company that designs and manufactures products for children, women, babies, and men. It has a unique line of products that appeals to fashion-conscious people looking for something new and latest. Its portfolio of brands includes

Women

  • Skirts
  • Shorts
  • Swimsuits and Bikinis
  • Pants
  • Jeans
  • Jackets
  • Coats
  • Sweaters and Cardigans
  • Sweatshirts
  • Shirts
  • Tops and T-Shirts
  • Dresses
  • Jumpsuits
  • Sunglasses
  • Belts
  • Jewelry
  • Scarves
  • Cases and Wallets
  • Shoes
  • Bags

Girls

  • Bags
  • Jewelry
  • Belts
  • Swimwear
  • Shoes
  • Pajamas and Underwear
  • Shorts
  • Skirts and Shirts
  • Coats and Jackets
  • Jeans and Pants
  • Sweaters and Cardigans
  • Sweatshirts
  • Jumpsuits
  • T-Shirts
  • Dresses

Men

  • Ties
  • Sunglasses
  • Wallets
  • Belts
  • Bags
  • Underwear
  • Footwear
  • Bermudas
  • Swimwear
  • Pants
  • Jeans
  • Leather
  • Coats
  • Suits
  • Jackets
  • Polo Shirts
  • Sweaters and Cardigans
  • Sweatshirts
  • Blazers
  • T-shirts and Shirts

Boys

  • Shoes
  • Scarves
  • Pajamas and Underwear
  • Swimwear
  • Jeans and Pants
  • Bermudas
  • Coats and Jackets
  • Sweaters and Cardigans
  • Sweatshirts
  • Polo Shirts
  • T-Shirts and Shirts
  • Sweatshirts

Place in the Marketing Mix of Mango

Mango is a global brand with a presence around the world. It began its journey from Barcelona to Spain and has spread its presence over time to Africa, Europe, Asia-Pacific, and the Americas to include countries such as Chile, Turkey, Morocco, Argentina, Nigeria, Namibia, France, Poland, Germany, Salvador, the United States, Hungary, Greece, Georgia, Romania, Canada, Sri Lanka, Armenia, Pakistan, Istanbul, and Spain. It has its headquarters in Barcelona, Spain, located at Palau Solita I Piegamans. In 2001, through its store in Delhi, the business entered the Indian market and has expanded to many outlets including a store in Mumbai metro city.

Mango has a solid and widespread channel of distribution. It operates on the global arena across a network of nearly two thousand and two hundred stores distributed overestimated to one hundred and ten countries. The mark is available in corporate outlets and concession stores. Mango has implemented a franchise scheme, and it operates its stores under a license that is responsible for its upkeep. Stores are equipped with advanced technology to make the shopping experience seamless and offer impeccable services.

Mango recognized the value of online marketing and launched its website in 1995 and the first online e-store was opened by the year 2000. The fashion-dealing e-tailor Myntra has bagged Mango’s management and distribution rights in India. The agreement notes that Myntra will facilitate the opening and management of twenty-five fashion brand stores for Mango.

marketing mix of mango - 1

The brand will be featured exclusively on Jabong and Myntra platforms for the next five years. Myntra would, in fact, be responsible for Mango’s omnichannel presence which includes eight offline stores and its online store Mango.com. New stores will be added by sub-franchising and will be situated at strategic locations across India.

Price in the Marketing Mix of Mango

Mango had estimated its revenues and net income at 2,327 billion Euros and 170 million Euros respectively at the end of the financial year 2015. As its potential buyers, it has targeted fashion-conscious females and males from the middle-age group belonging to the upper and upper-middle tier of urban cities. Mango has positioned itself as a complete and unique lifestyle brand offering trendy and state-of-the-art apparel.

Mango offers products of both high quality and medium quality but its product prices are a little higher compared to rival brands. The business has positioned itself as a mid-range brand and has implemented a mid-premium pricing model for its consumers who are prepared to drop some extra bucks for quality apparel. Since their consumers belong to metropolitan areas, their quality appears inexpensive and fair relative to the market value.

Promotion in the Marketing Mix of Mango

Mango has implemented a strong and respected marketing strategy to build a meaningful consumer-market perception of the brand. To its advantage, it uses platforms for print, digital, electronic, and social media. Via television, fashion magazines, and online channels like YouTube, Twitter,  Facebook, and Instagram, smart and trendy marketing campaigns have been launched to keep brand awareness alive in both offline and online markets.

The twitter handle contains numerous updates on luxury limited edition set, its Facebook page shows photos from recent promotions and plays its playlist, and Instagram integrates motivational quotes and content related to Mango. Within a few seconds of browsing the official website, a box pops up asking for permission to connect to your email address and receive notifications providing direct contact with the customer.

Mango recognizes the importance of infamous celebrities campaigning. This had roped as Mango ‘s face in football star Zinedine Zidane. Kate Moss was signed for Mango as a muse in the year 2011 and appeared in a commercial video. She was replaced by the Australian model Miranda Kerr. The company taglines are What Should I Wear for Young People, Urban Women, and Fashion.

New ad campaign Karlie Kloss Metallic, which has taken the marketing world by storm, was released in 2016. It was respected by all and helped the company create a positive company vibe in markets. Google plus has been supported by the company to launch Mango Dedicated Playlist to reach the younger generation.

The recent ad campaigns included a variety of individuals from an elderly statesman to a young bachelor, emphasizing each generation’s product range. The company adopted a marketing promotion policy and distributed e-gift cards to generate further sales.

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Marketing Mix of Clinic Plus – Clinic Plus Marketing Mix

Marketing Mix of Clinic Plus focuses on 4Ps Product, Place, Price, and Promotion. Clinic Plus is a wholly owned product of Hindustan Unilever Limited. It is affiliated with the FMCG industry and deals with the brand of personal care. Clinic Plus is one of India’s largest selling brands and has a wide market share. It was launched in 1971 in Indian markets and has created a niche position for itself since then.

marketing mix of clinic plus

The company faces extreme competition from the following competing brands in the haircare market-

  • Sunsilk
  • Chic Shampoo
  • Dove Shampoo
  • Himalaya
  • Garnier
  • Pantene

Let’s discuss the Marketing Mix of Clinic Plus

Product in the Marketing Mix of Clinic Plus

Clinic Plus is a personal care brand that provides some important hair care benefits to its users, such as strengthening poor hair, softening rough hair, preventing hair fall, and serving as an anti-dandruff shampoo.
In addition to shampoo, the company introduced hair oil and conditioner to give its customers a full hair-care kit. It comes in 80 ml, 175 ml, 650 ml, 340 ml bottles, and 6 ml, 5.5 ml, and 6.5 ml sachets. Clinic Plus includes products such as :

  • Clinic Plus Strong and Long Naturals Shampoo – Naturally made from herbal ingredients and milk protein formulation engineered to function seamlessly from the tip to the hair roots. The brand guarantees fewer hair drops, as its shampoo provides nourishment to improve the hair.
  • Clinic Plus Strong and Long Anti-dandruff Shampoo – the shampoo is loaded with anti-dandruff ingredients and milk protein formula to prevent dandruff. The shampoo ensures less hair loss, dandruff reduction, and nourishing hair from tip to roots.
  • Clinic Plus Strong and Long Health Shampoo – The formula of milk protein guarantees less hair loss by feeding hair from the tip to the roots.
  • Clinic Plus Shampoo Ayurveda Care Triphala – It includes authentic Ayurvedic ingredients such as Haritaki, Bibhitaki, and Amla, known together as Triphala. The shampoo prevents hair loss and strengthens hair, and must be used on alternating days for better results.
  • Clinic Plus Cream Conditioner – Soft and Silky – Leaves the hair a little warm, rough, and lifeless using the only shampoo. Deep nourishment is given by almond oil and milk protein formula in the conditioner.
  • Clinic Plus Daily Hair Oil – Massage the hair oil from the roots to the tips on the scalp for nutrition and reinforcement, as it contains coconut oil and minerals that are best suited for hair care.
  • Clinic Plus Almond Gold hair Oil-It is ideal for all hairstyles and combined with vitamin E makes hair much stronger and beautiful.

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Place in the Marketing Mix of Clinic Plus

Clinic Plus has a presence in Pan-India and is available in both rural and urban areas of India. The company has extended its drug presence in 69 countries such as the UK, Sri Lanka, Indonesia, Vietnam, the Philippines, and Pakistan. Clinic Plus has the strongest presence in the Middle East, Latin America, and Asia and has become the number one haircare brand in places like Bolivia, Argentina, Thailand, and Brazil.
Clinic Plus has a strong policy of distribution since it wanted to capture every nook and corner of a place. It took support from its parent company to effectively sell its goods in the consumer market. Clinic Plus’ owner company Hindustan Unilever has a wide system of distribution that includes more than two million direct outlets.
The firm has thousands of stockholders working exclusively for it. Warehouses were built at strategic and convenient locations. The stockists order the carrying and forwarding agents, who are responsible for shipping the products to retailers from warehouses.
Clinic Plus products can easily be found in grocery stores, corner shops, Kirana stores, hypermarkets, convenience stores, supermarkets, and shopping centers. There are also many e-shopping sites that can order the items online.

Price in the Marketing Mix of Clinic Plus

Clinic Plus has targeted families as its target consumers and has established itself as a brand that provides strong hair-care ingredients. The business is a billion-dollar brand, and it has been able to maintain its position on the market effectively by keeping its product prices competitive and accessible.
Clinic Plus has been interested in penetrating rural markets and has therefore adopted a policy of penetration pricing and launched minimum price sachets to tap the consumer base.
The haircare sector is very competitive with many companies operating back to back to the bottom in order to maximize their customer market share. Clinic Plus is facing competition from multiple rival brands and has adopted competitive pricing. It has kept product prices equal to those set by competitors in order to maintain its consumer loyalty. The company has also adopted a policy of promotional pricing and offers various incentives and discounts to increase its sales figures. It has led to bulk sales and increased revenues.

Promotion in the Marketing Mix of Clinic Plus

Clinic Plus believes good and aggressive advertising will increase its presence on the brand. It has created some very good ads that have been launched through magazines, newspapers,  radio, television networks, leaflets, billboards,  hoardings, and vehicle backs in electronic, digital, and print media.

The brand has embraced a marketing promotional strategy and offers several incentives to increase its customer base. To raise its brand recognition, it gives coupons and discounts during the festive season and off-season. The company shares products, hair-care, and product ingredients information through its web site.
The packaging is an important part of a product and the company provides detailed and complete information on the ingredients and other vital information on the product packages in at least three languages. Under Below The Line marketing, Clinic Plus encourages customers to participate at large gatherings in their events to increase brand visibility. Free samples are distributed at such events so that the customers become more conscious of the brand.
Clinic Plus recognizes the power of celebrity campaigns and has taken part in their promotions infamous personalities. In its ad campaigns, India Television star Sakshi Tanwar, Shweta Tiwari, and Aashika Bhatia have worked together. It offers one lakh rupee scholarships and a person has to fill in the promo pack and send it to the company which announces the winner’s list later.

 

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Marketing mix of Vans Retail – Vans Marketing Mix

Marketing mix of Vans Retail – Vans Marketing Mix focuses on 4Ps Product, Place, Price, and Promotion. Vans is a subsidiary of VF Corporation, its parent company. It was founded by co-founders Asiah Brewster, Serge D’Elia, Paul Van Doren, Gordon C Lee, and James Van Doren in the year 1966. Vans is an American company that is involved in the lifestyle and retail industries as it deals with apparel and accessories. As a trustworthy and prestigious brand, it has created a niche position for itself in the sporting community. The brand is facing competition from below.

marketing mix of vans

Lets discuss Marketing Mix of Vans Retail:

Product in the Marketing Mix of Vans Retail

Vans is a manufacturing corporation dedicated to the design and manufacture of skateboarding boots and related clothing. Since its inception, it has aligned with skating and produced footwear with the best grip, thickest sole, and resilient stitching, making it an all-time skater favorite. Later it intertwined with other sports such as snowboarding and surfing to increase its portfolio of products. The firm sells articles for men, women, and children.

Footwear is available in white, red, blue, black, checkerboard, and original classic colors, and in various sizes to suit individual needs.

In patterns such as animal, floral, color-block, checkerboard, and solid, the company uses materials such as synthetic, suede, vegan-friendly, canvas, leather, and textile. Vans collaborated with Metallica, a tribe named Quest, Kyle Walker, Spitfire, Gilbert Crockett, and Chima Ferguson, for shoes.

Apparels are available in various sizes and colors such as blue, grey, pink, white, and black. The brand’s fabrics include spandex, nylon, viscose, elastane, polyester, and cotton with patterns including stripes, floral, strong, and checkerboard. The company collaborated for women’s apparel with Lazy Oaf, and for men’s Spitfire and Chima Ferguson. For boys and girls, items are available for ages from 0-3 years to 4-12 years. Vans has a diversified product portfolio for its customers, with several options. This includes

Men

  • Apparel- Shorts, Board-shorts, jackets, denim and trousers, sweaters, hoodies, t-shirts, tanks, shirts
  • Footwear- Lightweight shoes, laces, skate shoes, surf shoes,  slip-on shoes, low-top shoes, and mid and hi-top shoes.
  • Accessories- Belts, laces, key-chains, socks, wallets, sunglasses, hats, beanies, and backpacks

Women

  • Accessories- Key-chains, laces, wallets, sunglasses, socks, beanies, backpacks, hats, and bags
  • Apparel- Dresses, Bottoms, shirts, jackets, sweaters, and hoodies, tops, and t-shirts.
  • Footwear- Lightweight shoes, laces, skate shoes, surf shoes,  slip-on shoes, low-top shoes, and mid & hi-top shoes

Kids

  • Toddler Mermaid Shoes
  • Kids Slip-on Bunny Shoes
  • Kids old Skool Shoes
  • Kids Slip-On Classic Shoes
  • Kids Authentic Shoes
  • Kids Classic Checkered Slip-on Shoes

Place in the Marketing Mix of Vans Retail

Vans is a multinational company whose reach has grown to many nations. It operates in California through its headquarters at the Costa Messa. The company started its journey from its first store in Anaheim, California, and sold its footwear to the customers directly.

Since then it has opened three hundred and fifty chain stores through a hundred and fifty partnership deals in Asia, Europe, and North America. China is its key gateway in the international market, with many departmental in-store outlets in locations such as Shanghai and Beijing. Shanghai also has an exclusive Outlet for Buses. The brand has a retail outlet on London’s Carnaby Street which acts as its European flagship store.

The company has a strong distribution channel that allows its products to easily reach customers. It has its own distributors, and its items are also sold through skate and surf specialty shops. Its official website is also one of its biggest outlets, as it has helped to expand business through e-commerce.

Price in the Marketing Mix of Vans Retail

Vans being an established brand, as its prospective customers, have targeted upper and upper-middle-class people from urban cities. The company has positioned itself as a premium quality brand that offers the best products possible to satisfy its customers.

People wearing this brand would immediately be associated with a cool and happening image from the snowboarding, surfing, and skating world. Vans is equal to the culture of youth and has become a synonym for trendy and fashionable products. It is one of its parent company’s most popular and profitable brands with ever-growing sales figures due to a surge in both domestic and international markets.

Vans has adopted a reasonable pricing policy to maintain its high sales figures which keep its product prices affordable and help the customers make an easy purchase. Its key customer market is either from the sporting arena or from young people and hence it retains its mid-level pricing policy. The company believes in selling in larger quantities to make profits. This strategy has proven to be successful as it has earned great revenue in both domestic and international markets.

Promotion in the Marketing mix of Vans Retail

In the international arena, Vans has a good brand identity and the company participates in many events and provides numerous sponsorship packages in order to retain it. It primarily sponsors motocross, BMX, snowboarding, and surf based teams. Since 1996, it has been the primary sponsor of the annual Warped Tour Vans moving rock festival.

Vans is the official sponsor of the 2014 Duct Tape Invitational and US Surfing Open at Huntington Beach, California. The company opened a skate park at Orange in 1998 and replaced it with other facilities later in the year 2009. It later designed others at California’s Huntington Beach, and London’s The Old Vic Tunnels. Vans has linked its brand to youth sports and is working with its promotional policies towards creating a deep-rooted and secure position on the consumer market. To maintain its unique position it has partnered and sponsored creative artists and musicians.  company is very actively promoting its products on Social Media Platforms like Facebook, Instagram, etc. The company is also doing a Google Adwords campaign for promoting its business.

The company is a fan of social and digital media and has translated through content marketing seamlessly into such realms. Its Facebook profile and Instagram account have more than 15.3 million likes and 3.8 million views. Content about goods and culture of sport is communicated through its own website and other platforms of social media. Photos and videos are posted from charities, festivals, surfers, and skaters to create strong brand recognition.

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Marketing mix of Wendy’s Company [Step by Step Guide]

Marketing Mix of Wendy’s Company focuses on 4Ps Product, Place, Price, and Promotion.

Wendy’s Company is an American publicly listed limited company. The company was founded in 1884, and has been known by various names over the years.

marketing mix of wendy's - 1

In the year 2011 it settled on its current name Wendy’s Company. The retail chain is linked with the food and beverage industry, as it is a fast-food eating joint. Wendy’s company faces competition from the brands below

  • Burger King
  • Subway
  • KFC
  • McDonald’s

Let us discuss the Marketing Mix of Wendy’s :

Product in the Marketing Mix of Wendy’s

Wendy’s Company offers all its product items with fresh ingredients as it pays special attention to quality. The brand goes through a rigid inspection process in order to maintain high standards of food quality and safety.

marketing mix of wendy's

Wendy’s Company offers a varied menu to cater to its consumers’ diverse preferences, which includes:

Fries and Sides

  • Chili
  • Plain Potato
  • Baconator Fries
  • Sour Cream & Chive Baked Potato
  • French Fries
  • Chili Cheese Fries
  • Apple Bites
  • Chilli Cheese Baked Potato
  • Caesar Side Salad
  • Garden Side Salad
  • Bacon Cheese Potato
  • Cheese Baked Potato

Fresh Made Salads

  • Spicy Chicken Caesar
  • Berry Burst Chicken Salad
  • Caesar Side Salad
  • Taco Salad
  • Apple Pecan Chicken Salad
  • Garden Side Salad
  • Southwest Avocado Chicken Salad

Chicken, Wraps & More

  • Southwest Avocado Chicken Sandwich
  • Spicy Chicken Sandwich
  • Grilled Asiago Club
  • Spicy Asiago Club, Homestyle Chicken Sandwich
  • Homestyle Asiago Club
  • Crispy Chicken Sandwich
  • 4 piece Chicken Tenders
  • 4 Piece Crispy Chicken Nuggets
  • 10 Piece Crispy Chicken Nuggets
  • 6 Piece Crispy Chicken Nuggets
  • Crispy Chicken BLT
  • 3 Piece Chicken Tenders
  • Spicy Chicken Wrap
  • Grilled Chicken Sandwich
  • Crispy Chicken Sandwich
  • Crispy Chicken BLT.
  • Grilled Chicken Wrap

Cheeseburgers or Hamburgers

  • Baconator
  • Dave’s Single
  • Dave’s Double
  • Dave’s Triple
  • Cheeseburger
  • Son of Baconator
  • Cheeseburger Deluxe
  • Double Stock.
  • Bacon Cheeseburger

Frosty drinks

  • Chocolate Frosty
  • Vanilla Frosty

Beverages

  • Raspberry Lemonade
  • Strawberry Lemonade
  • All-Natural Lemonade
  • Berry Cherry Fruit Tea
  • Strawberry Watermelon Fruit Tea
  • Honest Tropical Green Tea

Kids Meal

  • Kid’s 4 PC Nuggets
  • Kid’s Cheeseburger
  • Kid’s Chicken Wrap
  • Kid’s Hamburger

Place in the Marketing Mix of Wendy’s

Wendy’s Business is an internationally known brand with its US headquarters in Dublin. It has extended its existence in nearly six thousand five hundred and thirty-seven places from which 5739 are established in its home country, the United States, and the rest 798 is located on the international market.

Wendy’s Business has a clear and efficient supply chain system to help it deal better. The firm believes in the franchise system and has developed an experienced and next-generation franchisees.

The outlets project a vibrant and bold picture that directly interacts with its customers. Wendy’s Company is located in areas with heavy traffic and heavy visibility that will provide the best ways to draw customers. It is also looking for locations that can provide easy access to the customers in order to ensure a constant flow of customers.

At entertainment centers, office buildings, schools, military bases, highways, colleges, universities, and airports, it has opened its outlets. The organization has an experienced development department that provides franchisees with expertise, knowledge, training, tools, and support in terms of templates, designs, kitchen equipment, and menu selection to maximize their opportunities. Wendy’s Company offers the use of state-of-the-art technology such as mobile payment and mobile ordering, and online ordering and payment via its website to enhance its client base.

As Wendy’s Company is a retail chain, its employees play a significant role in their business transactions. It hires employees who need to attend rigorous training sessions so that they can deliver the best facilities possible.

Price in the Marketing Mix of Wendy’s

Wendy’s Company reported its sales and operating profits are increasing year by year. It has targeted families, youth, and kids as its potential customers looking for delicious quick-food items made from fresh ingredients.

The business has positioned itself as a restaurant that offers delicious, safe, and fresh burgers to fulfill the wishes of customers. Wendy’s Company’s principal source of revenue is from its in-store customers. A distribution network has also been developed to increase its revenue figures.

Wendy’s Company’s outlets are well-decorated with a great atmosphere that mirrors its premium quality. The firm has kept its market-oriented pricing policy which changes in line with current market conditions.

The product prices in a given location are highly dependent on the value of the product. It faces competition from rival brands and generally keeps its product prices in line with competitor prices. Wendy’s company has introduced a pricing approach for the Package and is selling goods in combination format including three pieces at comparatively lower rates under this scheme. The brand was very good at upholding its pricing strategies as it helped to produce higher revenues.

Promotion in the Marketing Mix of Wendy’s

To build a strong brand identity in the consumer market, Wendy’s Company believes in digital marketing and impactful advertisement. To maintain a balanced promotional strategy, it engages in multiple media platforms at both the national and local levels throughout the year. Wendy’s company specializes in marketing online and offline.

It is actively using social media platforms such as Twitter, YouTube, Facebook and its own website to target its potential and loyal clients through videos and songs. It has launched a Hollywire women’s video series: Wendy’s Fresh Trend Showdown that helps garner positive brand reviews. The company has adopted a Midnight push plan as part of its promotional strategy and under it offers food services after midnight to crowds.

Wendy’s company has retained concise taglines such as Consistency is our recipe, now that’s a better and phenomenal success is its mascot. Through its foundation, it takes an active part in community activities.

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Marketing Mix of Aviva Life Insurance [Step By Step Guide]

Marketing Mix of Aviva Life Insurance focuses on 4Ps Product, Place, Price, and Promotion. Aviva Life Insurance is a very well-known insurance provider, with its headquarters in London, United Kingdom. Established in 2000, Aviva’s CEO is Mr. Mark Wilson. It has around 53 million customer base and has been spread across 28 countries. It has various subsidiaries and joint ventures across countries. It is the world’s fifth-largest insurance firm and UK’s second.

marketing mix of aviva life insurance

Since 2002, it operates in India as a joint venture named Aviva India with the Indian conglomerate Dabur group. The major competitor of Aviva in the UK is Allianz and In India company is in competition with LIC, Bajaj Allianz life insurance, and HDFC Life, Max Life Insurance.

Let’s discuss the Marketing Mix of Aviva Life Insurance :

Product in the Marketing Mix of Aviva Life Insurance

Life insurance policies and health insurance plans are very specific fields in which the following are listed as follows:

Child Insurance Plans

  • Young Scholar Secure
  • Aviva Young Scholar Advantage

Saving Plans

  • Aviva Family New Income Builder
  • Aviva i-Growth
  • Aviva Life Bond Coverage
  • Aviva Dhan Samruddhi
  • Aviva Life Smart
  • Aviva Wealth Builder
  • Aviva Affluence
  • Aviva Dhan Vriddhi Plus
  • Aviva Dhan Nirman

Retirement Plans

  • Aviva Next Innings Pension Plans
  • Aviva Annuity Plus
  • Aviva New Family Income Builder

Term Insurance Plans

  • Aviva i-Life Term Insurance
  • Aviva i-Shield Term Insurance
  • Aviva Life Shield Advantage Plan
  • Aviva Life Shield Platinum Term Insurance
  • Aviva Life Shield Plus Term Insurance

Rural Insurance Plans

  • Aviva Jana Suraksha
  • Aviva Group Term Insurance Plans

Health Insurance Plans

  • Aviva Health Secure
  • Aviva Heart Care

These products are finely tailored to customer needs. Customers will choose insurance based on age, ability to pay a premium, and returns or Retirement benefits. This is Product Mix of Aviva Life Insurance.

Place in the Marketing Mix of Aviva Life Insurance

The distribution network is very critical for an insurance company since direct sales force forms the business base. Other channels for sales are its partnership through various financial planning advisors and private sector banks. Aviva life insurance has more than 121 offices throughout India, with approximately 3,000 staff and a strong network of agents on board.
Over the years, the online channel for selling insurance policies has also become common where you will get an insurance policy with minimal details and trouble-free procedure. Bancassurance is also a very popular way of selling Insurance policies today company has tie-ups with many banks to promote and sell its products.

Price in the Marketing Mix of Aviva Life Insurance

Instead of price, an individual selecting a company before being insured looks at the company’s successfully settled claims. Aviva’s 2014-2015 lawsuit settlement figure is 83.07 percent. Say you need to pay a premium for Rs 480 per month for 1 crore insurance cover, and the same coverage in HDFC regular life is for Rs 535 per month, and Reliance life offers it for 450 per month, but they have lower payout ratios for Aviva.

But in India, Aviva is well behind LIC with a claim settlement ratio of 97.73%. It is a big concern where Aviva’s consumer sales struggle. Small rates don’t draw customers these days. Every insurance company uses value-based pricing and provides extra value in their insurance policies. Claim Settlement Ratio is the most important factor for customers buying a Life Insurance Policy.

Promotion in the Marketing Mix of Aviva Life Insurance

Aviva Indian company has been promoting the Aviva brand through various ads like online, print media, etc. and has managed to get the Sachin Tendulkar brand ambassador since 2007. The company is known to give back to society through various social responsibility programs aimed primarily at education. Aviva primarily advocates using brand ambassadors, but also with some hard-hitting tweets. Aviva’s are quite “to the point” and demonstrates the value of life insurance. cIts major competitors in India are the LIC (India’s Life Insurance Corporation), ICICI Prudential, Max Life Insurance, Bajaj Allianz, HDFC Life. The company is concentrating on Social Media Platforms like Facebook, Twitter, TikTok, etc to attract customers. The company is also using Adsense as its preferred ad network for advertising its products in India. The company is also participating in Trade Fairs. The company is giving good commission to its Insurance Advisors hence they are also promoting its products. Bancassurance is also a very popular way of selling Insurance policies today company has tie-ups with many banks to promote and sell its products.

Conclusion:

This Marketing Mix of Aviva Life Insurance presents the product, price, place, and promotion. It was concluded that Aviva’s life insurance policies are good to cater to the need of customers. Aviva Life Insurance has insurance policies for Children, Retirement Planning, Unit Linked Insurance Plans, and Health Insurance Plans. Promotions in the Marketing Mix of Aviva Life Insurance states that the company is following various methods of promotion like Social Media Marketing, Facebook Marketing, Whatsapp Marketing, Television Advertisements, Radio Advertisements, Advertisements in Newspapers, etc. Place in the Marketing Mix of Aviva Life Insurance states that the company is using every possible sales channel for its products like direct marketing, trade fairs, bancassurance, etc. Price in the Marketing Mix of Aviva Life Insurance states that their premium rates are competitive and provides multiple payment options. One can also pay the premium with the help of their website.

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Marketing Mix of ICICI Prudential Life Insurance

This article focuses on the Marketing Mix of ICICI Prudential Life Insurance. ICICI Prudential Life Insurance is a venture of ICICI Bank & Prudential. ICICI Prudential Life Insurance Limited has started its operations in the year 2001. ICICI Prudential Life Insurance Limited is the market leader in a Private Life Insurance company followed by SBI Life, Bajaj Allianz & HDFC Life. ICICI Prudential AUM (Assets Under Management) as of the year ending 2019 was 1,604.10 billion. It is the first insurance company in India to be listed on BSE and NSE.

marketing mix of icici prudential life insurance - 1

Products in the Marketing Mix of ICICI Prudential Life Insurance

ICICI Prudential Life Insurance has a customer-centric approach. The organization has long term savings and protection plans for different stages of life. The company has cost-effective products, good customer support, consistent growth in investments, and a fast claim settlement process.

Products of ICICI Prudential Life Insurance are:

Term Insurance

  • ICICI Pru iProtect Smart

Health Insurance

  • ICICI Pru Heart / Cancer Protect
  • ICICI Pru Smart Health Cover

Unit Linked Insurance Plans

  • ICICI Pru Signature
  • ICICI Pru1 Wealth
  • ICICI Pru LifeTime Classic
  • ICICI Pru Guaranteed Wealth protector
  • ICICI Pru Smart Life

Saving Plans

  • ICICI Pru Future Perfect
  • ICICI Pru Cash Advantage
  • ICICI Pru Savings Suraksha
  • ICICI Pru Assured Insurance Plans
  • ICICI Lakshya Wealth
  • ICICI Pru Lakshya Lifelong Income

Retirement Plans

  • ICICI Pru Signature
  • ICICI Pru Immediate Annuity
  • ICICI Pru Easy Retirement Regular Premium
  • ICICI Pru Easy Retirement Single Premium

Place in the Marketing Mix of ICICI Prudential Life Insurance

ICICI Prudential has multiple channels for selling its policies. ICICI is selling its policies through its branches. Insurance Advisors are also recruited by the company. Bancassurance is also a channel for selling its policies. ICICI Prudential has branches all over the country to market its products. Marketing Executives are trained to explain the features and benefits of ICICI Prudential Life Insurance. ICICI is also selling its policies through Online Channel. ICICI Prudential has a simple claim settlement process.

marketing mix of icici prudential life insurance

Price in the Marketing Mix of ICICI Prudential Life Insurance

Premium depends on the Insurance Cover and Age of the Insurer. ICICI Prudential has competitive pricing and benefits as per the IRDA Regulations. Yearly and Monthly Premium Payment Options are available in the insurance policies of ICICI Prudential Life Insurance.

Promotion in the Marketing Mix of ICICI Prudential Life Insurance

ICICI Prudential is taking every possible measure to promote its policies. ICICI Prudential Life Insurance is using modern techniques for promoting its products and services. Online advertisements the company is using Google Ad Network and other Ad Networks. The company is using Facebook Marketing, Whatsapp Marketing, Tiktok Marketing for its promotion. ICICI Prudential is also advertising its products on Television, Print Media, and Magazines. It is also using Hoardings for promoting its products throughout the country. It is also promoting its products on various Social Media Platforms. These aggressive techniques are developing a good image among the customers of the company.

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Marketing Mix of Procter & Gamble – P&G Marketing Mix

This article is on Marketing Mix of Procter & Gamble. P&G is one of the leading FMCG brands. There is a series of Procter & Gamble marketing strategies that helped the brand to flourish, such as product/service innovation, investment in marketing, customer experience, etc.

Procter & Gamble has a marketing strategy that uses multiple platforms to increase market penetration. Market penetration was one of the company’s core growth strategies. P&G delivers a wide range of goods that suit the needs of various customer groups and market segments.

Marketing Mix study helps the company to formulate strategies to become the market leader. Changes in policies, specifically in distributing products via digital platforms, can make the marketing mix of Procter & Gamble more successful.

Procter & Gamble is an American company dealing with consumer products. Founded in 1837 by James Gamble and William Procter, this international corporation has its head office in Ohio, USA. The corporation has many technological developments that have allowed it to boost its position on the world market. Procter & Gamble faces tough competition, directly and indirectly, from some of its competing companies and some of the rival companies are as follows:

  • Hindustan Unilever Limited
  • ITC Limited
  • Johnson & Johnson

Products in the Marketing Mix of Procter & Gamble

Procter & Gamble sells products whose product line is closely related. The company’s primary aim is to make goods available to all customers worldwide. For this, they improved product quality and maintained fair prices.

marketing mix of procter & gamble

Procter & Gamble has its product categorization into different sectors :

  1. Beauty
  2. Grooming
  3. Health Care
  4. Snacks & Pet Care
  5. Fabric Care and Home Care
  6. Baby Care
  7. Room and Car Fresheners

BEAUTY SEGMENT

The key categories in this Beauty Segment are Conditioners, Shampoo, Women’s Skin Care, and Styling.

Head & Shoulders:

One of the leading anti-dandruff Shampoo. The shampoo is helpful for dry scalp and hair fall.

Olay

It is the world’s most popular makeup cream brand. Olay consists of different Indian variants:

  • Base Moisturizer
  • anti-aging
  • Olay Whitening
  • Olay-Regenerist

Pantene

It is a brand of hair-care products. Make your hair strong with Pantene.

Conditioners:

  • Aqua Light Conditioner
  • Color Preserve Smooth Conditioner
  • Blonde Expressions Conditioner

Grooming Segment

This segment’s key category includes razors, shaving creams :

  • Gillette
  • Gillette Series  – Foam
  • Old Spice

Oral-B

It’s one of the best toothbrushes. It comprises hygiene products like toothbrushes, mouthwashes, toothpaste, and floss. Oral-B’s products are established worldwide, and its demand is up due to big brushing sales. This product adds smiles to customers’ confidence.

  • Electric rechargeable Toothbrushes
  • Brush Heads
  • Toothbrushes with Battery
  • Manual Toothbrushes
  • Baby Toothpaste

Whisper, Always

These are brands of feminine hygiene products.

Vicks

Cough medicines, cough drops, and breathing treatments.

Clearasil

Best selling brands for acne and skincare.

Pringles

Potato Chips.

Fabric Care & Home Care Segment

  • Ariel
  • Tide
  • Camay
  • Mr. Clean

Battery :

  • Duracell

 Room and Car Fresheners

Ambi Pur

“Ambi-Pur” is an air-freshener product used in cars and homes. It’s a worldwide popular brand. Ambi-Pur can be used in toilets, offices, cupboards.

Baby Care

Pampers: Diapers and pant style diapers for babies.

Place in the Marketing Mix of Procter & Gamble

For all its products, Procter & Gamble has a worldwide network with a distribution strategy in place for 140 countries including India,  China, UK, and the USA. The company also has different production plants for different goods such as a hygiene manufacturing plant in Baddi and Goa.

Procter & Gamble has a comprehensive, large network to market and produce its products. It understands the value of timely action and all its delivery mechanisms are well-coordinated and efficiently managed. Intensive distribution, niche distribution, and broad distribution are practiced in three main ways.

Procter & Gamble network system consists of manufacturer stockists, distributors, wholesalers, and retailers who are direct suppliers to customers.  DHL courier is the service provider to ensure logistical performance. P&G Products are available in every grocery store and big stores like Big-Bazaar, Walmart, Best Price, D-Mart, V-Mart, Spencers, etc.

 

Price in the Marketing Mix of Procter & Gamble

Pricing approach for Procter & Gamble products relies mainly on product consistency and brand image. Because there are numerous brands under the business umbrella of P&G hence the pricing depends on the product. It relies on a flexible approach where goods are priced by market demand.

Procter & Gamble has a fair pricing strategy on products and thereby has a price range that is very close to the competitor’s commodity prices. Under this strategy, any adjustments made by rivals impact prices. Suppose competitors drop their product prices to boost their profits, so Procter & Gamble often come up with a discount or gift scheme to combat it.

Therefore, prices remain in a range.

The company often follows the penetration pricing approach to introduce new goods and build a new customer base. If costs are lower from comparable goods, without losing the quality, customers are attracted to these goods. That results in higher revenues, helping the company produce greater volumes. For their high-quality luxury products segment, the companies follow a competitive pricing strategy where prices are higher. Such goods, however, are usually superior in price and appeal to the people who can afford them.

 

Promotion in the Marketing Mix of Procter & Gamble

Procter & Gamble leverages heavily online media and promotes its products. The company focuses on creative marketing and heavy advertisements. It works with celebrities for commercials. Actors Kareena Kapoor and Saif Ali Khan are in Head & Shoulder advertisements, actress Kaitrina Kaif is in advertising for Olay and actress Shilpa Shetty and Parineeti Chopra are in Pantene ads seen in various TV channels, radio, hoardings, newspapers, and magazines. Procter & Gamble funded numerous TV shows to promote their products.

The organization also has links with several other shopping places where you can buy. It has been a partner of various online communities including “BeingGirl.com” and “Women.com” and also has several highly stylized destinations. The company launched small product pouches as promotional initiatives to build awareness for its products in the consumer market. Free samples as a marketing strategy are provided at various events to improve product exposure.

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Best Marketing Mix of Patanjali Ayurved [Step by Step Guide]

In the Marketing Mix of Patanjali Ayurved 4Ps product, place, price, and promotion are analyzed. There is a series of Patanjali marketing strategies that helped the brand to flourish, such as product/service innovation, investment in marketing, customer experience, etc.

marketing mix of patanjali

Patanjali Ayurved is an Indian FMCG Company, founded in 2006 by Acharya Balkrishna and Baba Ramdev. Patanjali Ayurved. The fastest rising FMCG business in India happens to be Patanjali Ayurved. Patanjali Ayurved imports the herbs from Nepal’s Himalayas. Production units of Patanjali Ayurved are at Haridwar and have Headquarters (HQ) in Delhi. Total Assets of Patanjali Ayurved is about ₹4,345 crore till 2019. Balkrishna holds 98.6% shares of Patanjali Ayurved, with a net worth around 43,932 crores (US$ 6.1 billion).

Patanjali has a Nepal manufacturing unit, which operates under the Nepal Gramudhyog brand name. India’s fastest growing FMCG firm.

HUL, ITC, Dabur, Colgate, and P&G are the FMCG firms which are theoretically impacted by Patanjali products and growth of Patanjali Ayurved. With attractive discount offers, P&G and Hindustan Uniliver are on the back foot and seeking to draw customers back.

Product in the Marketing Mix of Patanjali Ayurved

Baba Ramdev keeps pushing Indians to use Indian products and to save the company’s growth. Patanjali intends to take over all renowned beverage and food brands.

  • Foods – Jam, Oats, Biscuits, Noodles, Pulses, Ata, Vegetable Oil, Sunflower Oil, Mustard Oil, and many other lines of food products.
  • Beverages
  • Medicines & Ayurvedic Medicinal Products
  • Personal Care
  • Cleaning agents Like GoPhenyl, Detergents, Soaps, etc.

A wide range of products is available in the Product mix of Patanjali Auryved. Most Popular Product of Patanjali is its toothpaste Dantkanti.

Products that have made rivals to reduce their prices to sustain the market presence are:

  • Patanjali Honey is competing well hence Dabur has to reduce the price of its product Dabur Honey.
  • Dantkanti Star Product of Patanjali has forced Colgate to launch Ayurvedic variant Colgate VedShakti.
  • Patanjali has also launched Noodles in competition with Maggi, Sunfeast Yippee, Chings Noodles.
  • Glucose biscuit of Patanjali is giving tough competition to Parle-G.

Price in the Marketing Mix of Patanjali Ayurved

Patanjali Ayurved is the fastest growing Indian FMCG firm with two main reasons for its growth are natural ayurvedic ingredients and its pricing policy. Pricing played a crucial role in getting Patanjali Ayurved ahead of its tough competitors.HUL and P&G do their best to succeed, but the love for the Indian product that grows in people is making Patanjali the Market Leader in FMCG and Ayurvedic Product Segments.

Patanjali conveys customers about the advantages of using its goods and also uses price comparison as an efficient marketing tool. The price strategy is undoubtedly penetrating because Patanjali knows that company is unable to capture the market at higher prices. Moreover, if natural and domestic ingredients are available, the cost of the product is also lower. Almost every product has a price drop of 25-30 percent compared with the foreign brands that help Patanjali penetrate every household in a country like India.

Place in the Marketing Mix of Patanjali Ayurved

Patanjali Ayurved is the fastest growing Indian FMCG Company spreading its wings to neighboring countries such as Nepal. The company has a production facility in Nepal. Patanjali is also importing herbs from the Himalayas to Nepal, and the well-established business relationship allows Patanjali to quickly spread its wings in Nepal.

With its growing expansion in India and Nepal, Baba Ramdev will definitely try to take over the market in several other countries. With 5000 Crores in revenues, Patanjali will definitely have a lot of development and growth.

There are currently 10000 stores in India that sell Patanjali goods, and these stores exclusively sell Patanjali to make the local retailers tremble. The penetration rates would only increase as the product margins are also high. Big Retailers like D-Mart, BigBazaar, etc are also selling products of Patanjali.

Promotion in the Marketing Mix of Patanjali Ayurved

Patanjali Ayurved’s slogan “Prakriti ka Ashirwad” is very popular. Patanjali Ayurved has gained good popularity and fame among people because of Due to Yog Guru Baba Ramdev. This Patanjali brand ambassador is solely responsible for the brand’s growth. Ramdev has changed people’s lives with yoga. The reason behind the success of Patanjali Ayurveda is the contribution of Ramdev and Balkrishna in Yoga and Ayurveda.

Although many people moved to Patanjali products due to Baba Ramdev, a group of Indians began to follow him when they learned how fine and cheap Patanjali products are. Marketing campaigns of Patanjali are focused on the statement which states that “Patanjali’s income is for charity instead of brand owners.” Secondly, the income generated from daily goods is safer to stay in India than the profits produced by foreign companies. To date, Indians have had no alternative to international products, but they now have domestic products.

marketing mix of patanjali -1

Baba Ramdev took advantage of this opportunity and has begun to influence Indians by sharing knowledge about the price difference and the utility of herbal Patanjali products. Baba Ramdev has with both hands ceased the potential and made a big difference in Patanjali Ayurveda branding. Now Patanjali also sells its products online through e-commerce, which further increases its penetration.

Patanjali uses TV,  Radio, and Print Media for advertising its products. The company is also using Youtube as a platform for promoting their products. Baba Ramdev and Balkrishna have created a good brand image of Ayurveda and Ayurvedic products in the mind of Indians and people around the world.

Conclusion

Best Marketing Mix of Patanjali Ayurved [Step by Step Guide] is analyzed for the educational purpose. If you like to use this Marketing Mix in your article or page please provide link to this article for reference.

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Marketing Mix of Xiaomi [Step By Step Guide]

Marketing Mix of Xiaomi analyzes 7Ps product, place, price, promotion, process, people, and physical evidence. There is a series of Xiaomi marketing strategies that helped the brand to flourish, such as product/service innovation, investment in marketing, customer experience, etc.

marketing mix of xiaomi

Xiaomi is a Chinese electronics design and manufacturing company. The business was founded by Lei Jun in 2010 and is headquartered in Beijing. Xiaomi ranks fourth on the list of the world’s top smartphone makers. Its consumer electronics and hardware are some of the fastest-selling goods in China.  Samsung and Apple are worried by the pace at which Xiaomi is rising, as the company has almost managed to position itself as the top smartphone brand in China and Asia.

Competitors of Xiaomi are :

  • Apple
  • Samsung
  • Oppo
  • Vivo
  • One Plus
  • Realme
  • Asus
  • Huawei

Product in the Marketing Mix of Xiaomi

Xiaomi markets its products in five specific categories, each acting as separate lines of products. All of its products are sold under the Xiaomi brand name. Some of the products are :

  • Mobile Phones
  • Tablets
  • Laptops
  • Fitness Bands
  • Smart Cameras
  • Security Solutions
  • TV
  • Earphones
  • Chargers
  • Power Banks

Xiaomi products are available in a wide range, allowing consumers to select the product type that best suits them.

Xiaomi offers highly differentiated goods, with numerous features that rivals don’t bring to consumers. Hence, its goods are regarded as original.

Its products are seen to be of higher quality than competitors.

Xiaomi sells products renowned for their looks and design. Xiaomi products are of high quality.

Suggestions for Product in the Marketing Mix of Xiaomi

  • Xiaomi must introduce new products that are related to recent trends in the market.
  • Xiaomi must introduce new technology in its products.
  • Xiaomi must do a proper analysis of products available in the market before launching a product.
  • Xiaomi must increase its product line to attract customers from each segment.
  • Xiaomi must try to improve its product packaging to attract customers. Packaging must be visually appealing.
  • Extended warranties must be provided with the products to beat their competitors.

Pricing in the Marketing Mix of Xiaomi

Most of the money being spent on Xiaomi products applies exclusively to design and manufacture. The company is trying to save as much as it can, thus offering products at an affordable rate for the market. To put it another way, Xiaomi products are low priced on average. The firm primarily employs marketing techniques that do not cost much. Moreover, most of the items are sold online thus reducing the costs that would have been expended on setting up retail stores.

The company is using a pricing strategy that will help them make money in the future. The company is selling products on low margins to make more sales.   Their emphasis on profit generation is on the devices, applications, and services to be used with their phones and computers, etc. Xiaomi has demonstrated that cheap prices don’t always mean cheap products.

Suggestions for Pricing in the Marketing Mix of Xiaomi

  • Xiaomi should give discounts on products to attract customers.
  • Psychological pricing must be used by Xiaomi.
  • Products must be launched with a price penetration strategy which means lower prices in initial stages ad then increasing the prices after capturing the market.
  • The company must launch products that fit into the pocket of all classes of people.

Place in the Marketing Mix of Xiaomi

Xiaomi is a company of Chinese origin with a large market in China. The company has expanded its business in, Turkey, Mexico, Malaysia, Thailand, Russia, Philippines, Singapore, Brazil, Indonesia, Vietnam, and  India. Despite trying to go international, Xiaomi’s main focus still lies in China as it already has a formidable consumer base here.

Most of Xiaomi’s sales are made digitally instead of in physical stores. As a result, both the producer and the customer understand a win-win situation. The company has a tie-up with Flipkart, Amazon. Online products are also sold through company-owned web store i.e. mi.com and app.

Suggestions for Place in the Marketing Mix of Xiaomi

  • Xiaomi should launch special products for its offline stores.
  • Xiaomi must open more company-operated stores.
  • Service Centres must provide efficient services to the customers.
  • Xiaomi must improve its website for increasing its sales from its website.

Promotions in the Marketing Mix of Xiaomi

  • Using flash sales lets the company sell its smartphones and other items in small numbers and within very short periods of time. This is an effective promotional tactic that helps the business to save money that would have been used in ads because the tactic generates motivation and customer anticipation. Only a small number of goods are manufactured and sold relatively quickly, making others wait for the next shipment. Waiting is always with a lot of tension and anticipation. Many people end up thinking about social media in particular and thereby unknowingly endorsing Xiaomi products. Xiaomi has a very broad and strong fan base that has been able to express their support for the Xiaomi products. These are fans who are still in action when a new product is launched. The presence of such a fan base alone is enough for cheering and excitement to draw future customers’ attention.
  • Xiaomi takes advantage of several media platforms to market its goods. It uses conventional media which includes television and radio advertisements. This is advantageous because of its wide scope and capability of attracting a large number of people. It uses online ads and in social media, which is cheaper and advantageous due to the growing use of the Internet.
  • Xiaomi advertises on various social media sites with an emphasis on YouTube, Facebook, and Twitter. On these sites, it has over one hundred thousand likes or customers following, who are exposed to daily content uploaded by Xiaomi.
  • Xiaomi undergoes numerous promotional promotions taking part in various trade fairs and conferences during the year.
  • Xiaomi undergoes personal sales to increase its presence in retail stores, with a large sales force.
  • Xiaomi uses a percentage of the sales model to assess the budget for promotions.

Suggestions for Promotion in the Marketing Mix of Xiaomi

  • Xiaomi can recruit and include social media influencers such as bloggers or prominent TV/movie stars in its advertising. To promote Xiaomi bloggers can post content on their social media accounts. .TV/movie stars can be used in promotional advertisements to improve consumer awareness of the product
  • Xiaomi will initiate a marketing campaign where consumers receive a clear message on all media platforms. This will help to increase awareness within the customer’s minds.
  • To boost online traffic on its website Xiaomi will undergo various digital marketing techniques. These involve advertising for the banner, search engine optimization, and the development of its blog or forums.
  • Xiaomi will make posts on social media quite relevant to its target audience. The posts should also be such that consumers are motivated to take more action, such as sharing posts with friends or leaving reviews in the comment form. It will integrate the latest trends in social media such as hashtags, memes, etc. Xiaomi can start gathering customer data and start sending them messages via email or SMS, which ultimately leads to regular customer purchases.

People in the Marketing Mix of Xiaomi

  • Inside its sales department, Xiaomi has people who play a critical role in its marketing efforts. Such people were trained in promotional strategies but also in showing respect to customers’ needs.
  • Xiaomi has its customer service department with people working. Customers contact these in case of any problems inside the product and these people direct customers through the process of resolving the issues. Such employees are educated to appreciate the customers and make every effort to fix their complaints.
  • Xiaomi has suppliers working with people to get the raw materials. These people play an important role in maintaining or enhancing the quality of the produced end product.
  • Xiaomi has people working in retail stores who help the customer on-site, answer any questions, or help them decide which product best suits their needs.

Suggestions for People in the Marketing Mix of Xiaomi

  • For its sales force, customer care, and purchasing staff, Xiaomi must provide training as these play a critical role in providing value to customers.
  • Xiaomi should provide its sales force with rewards through promotions to achieve goals, or through commissions for the sales made.
  • Xiaomi should employ people who show respect for customer interest and are committed to the company.

Process in the Marketing Mix of Xiaomi

  • Xiaomi has systems built to ensure its goods are still available in retail stores where retailers can alert when their inventory volumes are small. Xiaomi supplies them with more goods to replenish their stock when ordering their productions. This means goods are still available to consumers in appropriate quantities.
  • Xiaomi has an electronic ordering process in which orders are submitted through the computer system and the related product from the inventory is delivered to the delivery service provider based on those orders.
  • Xiaomi is actively interested in exploring business prospects to consider the needs of the customers. This also builds awareness of consumer needs through gathering in-store reviews, the helpline, or social media accounts.

Suggestions for Process in the Marketing Mix of Xiaomi

  • Xiaomi can use apps and websites around to manage its various processes to improve customer satisfaction and production on time.
  • Xiaomi will continually search for ways to improve in terms of productivity and expense and develop its processes. Eventually, reductions in production will contribute to lower prices for its goods.

Physical Evidence in the Marketing Mix of Xiaomi

  • Xiaomi markets its products in a different, easily recognizable color package on store shelves. These are put on the company’s special shelves which also have a distinct color and style. This makes the position of these shelves in busy retail stores easier for customers.
  • Xiaomi has a user-friendly online website that allows consumers to view their products from various angles in high-quality photographs.

Suggestions for Physical Evidence in the Marketing Mix of Xiaomi

  • Xiaomi will gather feedback on its packaging from its customers so that it can focus on packaging.
  • Xiaomi should develop stores where it offers a shopper-friendly experience and atmosphere, enticing its customers to purchase its items.

You Will also like SWOT Analysis of Xiaomi

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Marketing Mix of Westside – Westside Marketing Mix

Marketing Mix of Westside analyzes 4Ps of marketing mix which covers product, place, price, and promotion. There is a series of Westside marketing strategies that helped the brand to flourish, such as product/service innovation, investment in marketing, customer experience, etc.

Marketing Mix of Westside

The product, place, price, and promotion used by Westside are elaborated in this article. Westside was established by Mrs. Simone Tata when she acquired the Littlewoods in 1998. The architecture of the business is intended to meet the shopping needs of a variety of consumers in at least 82 cities where at least 143 stores have been opened. It is one of India’s fastest-growing retail stores and is now run by Trent, owned by the Tata Group. Some of the competitors are Max Retail, Pantaloons, Shoppers Stop, and Globus.

Marketing Mix of Westside 1

Products in the Marketing Mix of Westside

Below its roof, the company has many product categories. These have mostly in-house brand displays, with other brands tied up in their marketing mix as well. Here are some of its products:

  • Clothing for Man
  • Clothing for Woman
  • Clothing for Kids
  • Shoes & Bags
  • Living
  • Decor
  • Bed
  • Bath
  • Kitchen
  • Makeup
  • Skin Care
  • Fragrances
  • Bath and Body
  • Beauty Accessories

Pricing in the Marketing Mix of Westside

The pricing policy and decisions are all in line with the marketing strategy as well as the target market. The organization has a conviction that products must have reasonable prices. As a customer, you’re guaranteed value for your money, especially as you can always buy the brand of your choice. Such a pricing policy has led to Westside raising its profit margin.

Over the recent past, the company has been able to make several price changes on its products. These price changes were made with the intention of targeting all consumer segments and customer groups. Below are some of the forms used in its pricing strategy:

  • Image pricing
  • Value pricing
  • Product bundling pricing
  • Promotional discounts
  • Seasonal pricing
  • Product-form pricing

Due to the pricing policy of Westside, most of the customers are satisfied with Westside. Products are also very good and of high quality as per the pricing of the store.

Place in the Marketing Mix of Westside

Westside primarily markets its goods through chain stores, the majority of which were located in malls. Most of the stores are situated near competitors to attract consumers from doing deals with these competitors. Quality and price have a competitive advantage for Westside. All deliveries of the goods are made distributed from the company’s headquarters in Mumbai, with stock replenishment mostly on Fridays.

In most cases, the quality of goods depends heavily on the city of service. Most stores have also been opened solely for women so you won’t get male attire in these stores. Women consumers form the largest segment of buyers. Due to customer loyalty the company has opened the group’s exclusive stores for women. 143 stores have been opened in 82 cities by Westside. All of these stores are large-format stores.

Promotion in the Marketing Mix of Westside

Westside is very keen on attracting discounted buyers, some of whom can push the advertised price up to 50 percent. The business also provides a number of in-house brand promotions, with some prominent foreign brands. Westside is also fond of tying up with some of the well-known and influential designers. This gives more confidence to the customers to shop with Westside. The company has a loyalty program in the name of Club West Card which is used to attract customers.

The company uses theme-based stores like Westside Woman. Westside runs advertising campaigns in addition to all of these. The company is credited with the introduction of foreign brands to its portfolio to increase its customer base. These include products made by Vera Moda, U.S. Inter alia, Polo ASSN, and Chicco.

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