Marketing Mix Analysis Essay

Improved Essays
Marketing Mix Analysis
Marketing Mix Analysis – Case (Existing Offering)

a) Product Strategy
Based on the case, Goodyear Tire and Rubber is one of the major brand-name company that producing tires. At first Goodyear Tire and Rubber Company was starting as a supplier of bicycle and carriage tires. Soon the company begin to target automotive industry. The was the largest tire manufacturer in the world. Goodyear produce variety types of tires that suitable for every type of vehicles. The company has sells passenger car tires, light-truck tires and highway-truck tires and having the broadest tires product line compare to entire tire manufacturers. Besides, they also have more than 1200 service outlet that offer service retail sales and automotive
…show more content…
However, this would not be strong enough to reach the maximum number of customers to get to know our products. Goodyear can advertise with some advertising method in order to attract more consumer and persuade them to purchase the product. Advertising method such as advertising in billboards, newspapers, social media and hiring promoters to distribute samples in shopping mall, convenient stores. For social media, we know that Goodyear have a strong presence because of their brand name, therefore by using the social media it is easier for Goodyear to reach the larger potential amount of the consumer. Social media such as Facebook, YouTube and more. Besides that, Goodyear can continue use their sales promotion techniques have been used by them over the past few year, they will come out with various schemes like “Buy 4 Get 1 free”, and various other discounts as well as freebies and special offer to attract their customers. Furthermore, Goodyear also can place their own salesperson as the sales representative rather than ask other salesperson that may not so clear about the products. By using this method, customers can easily get information about the tires from their

Related Documents

  • Improved Essays

    General Motors (GM) operates in a customer-centric atmosphere. Since GM’s bankruptcy and recall efforts, the company has been very sensitive about their customer base. GM indicates that they “are passionate about earning customers for life” (GM, 2015). In addition, GM suggests there team shares the same enthusiasm for “customers and a competitive spirit that drives us to excellence” (GM, 2015). According to GM (2015), this means that we are committed to delivering vehicles with compelling designs, flawless quality and reliability, and leading safety, fuel economy and infotainment features.…

    • 364 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    L’Oreal, Shiseido, Unilever, and Emami all share a common thread. They each, like many other make-up companies, make a profit off of colorism – prejudice against individuals with a dark skin tone – through the manufacture and sell of skin lighteners. The skin lightening industry is worth millions of dollars and is still growing in many countries around the world. The industry is booming for many reasons, such as: perceived benefits of light skin, the type of advertisements companies use, and a lack of governmental intervention despite the known consequences of using skin lighteners.…

    • 643 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    http://www.thecanadianencyclopedia.ca/en/article/canadian-tire-corporation-limited/ Title : Ti Extended thesis: This research report is on Canadian tire Corporation, Ltd. It is a Canadian multinational company. this is one of the famous retail franchises in the Canada. In 1922 the two Canadian brothers purchased the Hamilton tire and garage.…

    • 740 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    The organization I looked into is Target.com. Target are relative late comers to the online business, in the past couple of years Target has begin getting serious about there web based business due to failing profit margin and the selling of their drug store to CVS. Target store has had a tremendous drop in revenue. Since, They're late comers to the e-commerce business they have paid a powerful cost for that lateness, like losing a big piece of the pie to online retailers like Amazon.com and numerous other contender. While Target still have a considerable measure of catching up to do they have made gigantic steps.…

    • 557 Words
    • 3 Pages
    Decent Essays
  • Improved Essays

    The importance of a college education has been instilled into the minds of millennials since elementary school. Promises of a good career, higher salary, and overall better life make the idea of going to college more appealing. When selecting a school, students want to know they are being respected and recognized as an individual. Douglas College advertises a focus on the individual to draw students to their school because they realize they are trying to sell an experience in their commercial, “Ignite Your Potential.” It walks the viewer through different spots on campus with a different student having a contributing part to say.…

    • 1421 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Marketing Strategy According to the analysis and evaluation of current Nike’s status in the market, the corporation is at maturity stage and the brand awareness of Jordan Brand is strong. In this stage, there are more rivals from new entrants and existent entries. Hence, to defend the market share and broadening product life cycle, Jordan Brand expects to establish channel differentiation and enhance its reputation to capture more loyalty consumers in the world. Product Strategy…

    • 1042 Words
    • 5 Pages
    Improved Essays
  • Great Essays

    All of these companies including Ford have had a rough go of things over that last several years and are in a spot of renewal and restructuring in order to be able to bring their companies into the next century. Each has longstanding history (especially GM and Chrysler) and are working diligently to further the strategies for the future. Just like Ford each of these companies are working towards building and maintaining customer base and competitive advantage through proven products and market differentiation. All car customers usually identify with what they know and have become comfortable with through brand identification.…

    • 2094 Words
    • 9 Pages
    Great Essays
  • Great Essays

    Introduction: Marketing is the core of any successful business. It assists in spreading awareness about the company’s product to its customers, potential customers and the community by advertising and promoting the company’s good or service. A very fundamental part of marketing is branding. Branding provides the company’s products with the opportunity of being uniquely recognized; and distinguished between it and other companies’ products as well as acquiring a respectable reputation among their competitors, customers and community nationally and internationally. Also, through marketing the company can determine which good or service appropriate best for their customer’s which creates diversity among their audience.…

    • 1392 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    Cereal Market Mix Product We want our consumers to know that Cereal is a healthy option for a snack. It is full of nutrients and made of healthy ingredients such as whole grain, flax seed and we have replaced sugar with a natural sweetener “stevia” which tastes exactly like sugar and it contain “Zero” calories. We are portraying the message that “Healthy food can taste good”. The packaging of the product comes in different look according to who we are segmenting it to.…

    • 853 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Advertisements as a Genre Commercial advertisement is a genre directed to all people. Although all commercials fall under the same genre, there are many different techniques the author can take, depending on the purpose of the commercial and the audience that the author wants to reach. For example, an advertiser can take the celebrity approach and have a celebrity appearance in the commercial. This shows the audience that if the company is able to have someone famous represent them, they must be legitimate. Also, it allows people to think they can have the perfect life, just like their favorite role model.…

    • 1394 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    Kotler and Armstrong (2014) stated that marketing mix is a “set of tactical marketing tools: Product, Price, Place, Promotion that the firm blends to produce the response it wants in the target market” (p. 76). The first element of 4Ps is Product. Yudelson (1999) defined product as all the benefits (present or anticipated) that the buyer acquired from the exchange. Product is the goods or services that are created by company and offered in the business sector to fulfill shoppers’ needs.…

    • 1009 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Modern Marketing Essay

    • 792 Words
    • 4 Pages

    With the advancement in business, marketing has been gradually developed. Businesses carry out marketing in order to “establish, maintain and enhance long term customer relationships at a profit, so that the objectives of the parties involved are met.” (Gronroos, 1990 as cited in Hall and Jones, 2008, p.48) Marketing is a management process which helps making a profit in the long term to survive, identifying and satisfying consumers needs and requirements as well. Marketing as a formal academic concept has a more recent history which is as old as commercial activity and has been practiced for centuries.…

    • 792 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    To add on, the marketing is carried out on an eminence and permit premise to different brands. For example puma offering Ferrari-Puma marked…

    • 2187 Words
    • 9 Pages
    Great Essays
  • Improved Essays

    INDIVIDUAL REFLECTION: BLUEPRINT FOR PROFESSIONAL AND PERSONAL GROWTH Kinyata Barnett Walden University Prior to this course I only knew basic information regarding marketing. I now know that there are many aspects involved with the marketing process. In order to build a success organization, one must chose the correct marketing tools that would benefit their company. I have learned that every method does not work for all.…

    • 996 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    INTRODUCTION Marketing is everywhere. Formally or informally, people and organizations engage in a vast number of activities that we could call marketing. Good marketing has become an increasingly vital ingredient for business success. And marketing extremely affects our day-to-day lives. It is enclosed in everything we do from the clothes we wear, to the web sites we click on, to the ads we see.…

    • 1222 Words
    • 5 Pages
    Improved Essays