Needs of Marketing Strategies for the Growth of Business

Category: Entertainment

Presentation Description

Marketing strategies are helpful for the expansion of the business and it also increases the brand value of the business. Read this sample, here we have mentioned some marketing strategies.


Presentation Transcript

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Evaluating Marketing Strategies and Recommendations

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Task 1 There are different marketingmix elementwhichare as follow: • Product Product which made by Marks and Spencer should be innovativeand attractiveso thatcustomerlikeitand eager to buyit • Place Marks and Spencer need to sale these products and services at that place where transportation facility and people can easily visit to buy theproducts andservices. • Promotion there are different way for prompting a products that is through social networking sites and newspaper. Marks and Spencer can useabest way forpromoting thisproducts and services

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Cont... • Price Marks and Spencer need to set price of product lower so that buyer not face any problem related to price of products. If priceis low thendemandof productishigh. • Physical evidence Marks and Spencer need to open its shop at that place where people can easily come and its outlook should beattractive. • Process Marks and Spencer can use systematic process for selling its products such as it can provide facility that is free homedelivery etc. • People : Company need to hire people who are highly skilled and can deliver high quality service to the Marks and Spencer customer.

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For the Top Quality at Lowest Price Contact Us:- Phone:- +61 879 057 034 Email:- Website:-

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Task 2 Recommendation • Marks and Spencer can use different strategy for selling its product such as itcan usepriceskimmingstrategy. • Further company can sale it product at online so that customer can easilybuyit by sitingat home. • Company can make a unique product which are different from itscompetitorso thatsaleof company can increase. • Marks and Spencer can provide training and development facility to its employee so that they can work more effectively and efficiently.

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References • Durkin M. Howcroft B. Fairless C. 2016. Product development in higher education marketing. International Journal of Educational Management 303 354-369. • Paley N. 2016. Marketing for the Nonmarketing Executive: An Integrated Resource Management Guidefor the21stCentury. CRCPress. • More R. 2016. Marketing High Profit Product/Service Solutions. Routledge.

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