Tuesday, February 24, 2009

Hot Cheetos advertisement



The ads displays some of the 4P's. It used Price, and product, but it didnt show promotion and place because everyone already knows where to buy them and how much it costs so it wasn't needed.

Tuesday, February 17, 2009

Functions of Marketing

In order to make your own business you need to have and use the seven key functions which are Product-service management, Distribution, Selling, Marketing-information management, Financing, Pricing, and Promotion. Without these your business might not work and you would of had done all of that hard work for nothing.


-Product/service management is designing, developing, maintaining, improving, and acquiring products or services so they meet customers needs. Basicly it's just taking care of you products or services and satisfying the customer.
-You will need distribution to move your products or services to customers without tampering them or the customers won't like it and may return it.
-Selling includes direct and personal communication with customers to assess and satisfy their needs.
-Marketing-Information management is gathering and using information about customers to improve decision making.
-Financing requires a company not only to budget for it's own marketing activities, but alos to provide customers with assistance in paying the company's products or services.
-Pricing is the process of establishing and communicating the value or cost of goods and service to customers.
-Promotion is using advertising and other forms of communicating information about products services, images, and ideas to achieve a desired outcome.

Monday, February 2, 2009

From the superbowl, my favorite commercial was the Etrade commercial. There were talking babies giving information about the Etrade service, and it used the 4 P's. It was really funny