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Price
Cost vs. Demand, competition, Pricing strategy
Product
Brands, product lines, vendors
Marketing Plan - (Marketing Mix) - 4 P's of Marketing
Brand mark
Product lines = Pizza + beverages
Vendor =
Cost ($$$)= Beat deals around, Affordable & Inexpensive
Demand = very high through lunch and dinner with the
population surrounding my location
Competition = well known pizza franchises
Example: Pizza hut, Domino's, Papa Ginos
Pricing Strategy= Penetration pricing, Attract new
customers, build a relationship, then
slowly raise the prices if need be.
Distribution methods = Cybermarketing , Direct Mail
Direct vs. indirect =
Channel members
Wholesaler - Cara Dona
Retailer - Quick Stop Pizzeria
Customers - people who enjoy pizza
Strategy =Recipet survey, giftcard giveaways, tip jar goes to charity
Public Relations = Capture emails to provide deals and coupons
Sales Promotion = Coupons to loyal customers
Advertising = Spectrum marketing, creates menu, place our name in various place.
Social media =
Personal selling = Persuasive up selling techniques
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Place
Distribution methods, direct, channel mebers
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Promotion
Strategy, public relations, sales promotion, advertising, social media, personal selling
Indirect Distribution