Marketing Mix Essay Example | Topics and Well Written Essays - 750 words - 1

Marketing immix - Essay ExampleA marketing mix is an important tool that helps Coca low-down fraternity to understand what to do to reach out to the target market.Marketing means having Coca Cola drinks at the right place at the right time for convenience for the customer. Coca Cola has numerous elements that fashion model the core of a main marketing system. The elements help Coca Cola achieve its objectives by incorporating them together. A good combination of the elements allows Coca Cola to have a focus on the marketing product. groundwork of a pricing strategy by gathering information of the market ensures that the product is not underpriced or overpriced. The strategy involves scrutinizing Coca Cola targets and objectives for the product.Price is one of the elements of a product mix, and it plays an important role in determining the gross revenue of the Coca Cola. In the case of Coca Cola, the price is the jimmy of the drink offered to any individual seeking to quench hi s or her thirst. Price is the amount that customers pay to purchase Coca Cola from the supplier. Setting the price is important in the development of Coca Cola because it will control the forces of pick out and supply for the enterprise. Pricing strategy for Coca Cola helps it to have the ability to determine its sales.The perceived shelter of the product plays a big role in the determination of the sales of Coca Cola Company. The look in which a customer values a product is important in the pricing of the drinking fellowship. A positive customer value helps Coca Cola Company successfully charge higher(prenominal) than the monetary of the product. On the other hand, a product should not have a lower value in the eyes of the customer. In the case of the scenario of Coca Cola, the product will be underpriced affecting the sales objectives of the company.About the price, product plays an important role in the marketing mix of a product. Products are the commodities that the company offers for sale. Coca Cola delivers quality products