By studying the marketing mix, it will help you understand how to promote yourself in your future profession.
Here is an exercise from Harriet Posner's book Marketing Fashion:
"The marketing mix is all about emphasis. Take each of the 7Ps of the marketing mix - product, price, place, promotion, physical evidence, process, and people - and identify a fashion brand, or retailer that you believe emphasizes a specific criterion, or group of marketing mix criteria. For example, a luxury brand may focus on product, particularly om regard to quality of design and manufacture. A High Street multiple, on the other hand, may focus on product in terms of providing up-to-the-minute fashion at an affordable price. A brand that sells primarily via the Internet, or mail order will need to pay special attention to process and consider how they integrate this with the criteria of product & price."
Use the table below to comment on the way a brand focuses on a particular marketing mix criterion. You may wish to add comments.
Bring your notes to our next lesson.
BRAND - PRODUCT - PRICE - PLACE - PROMOTION - PHYSICAL -EVIDENCE- PROCESS -PEOPLE
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