With the discussion on the Four P's of Marketing, tasks are the following: 1. Select a restaurant and one of its major products. This can be a fast food restaurant and a product of your group's choice. Once you have chosen a restaurant and a particular product, determine the marketing mix of that product you intend to buy. Use the following as your guide: THE PRODUCT: (Describe its characteristics. Service can be included based on how you assess it.) THE PRICE: (Take note of the price of that product and consider its competitors. Write them down.) THE PLACE: (Research why do you think that their establishment is located in that area.) THE PROMOTION: (Determine what promotional efforts have been used by the company to market the product) 3. Compare and write down the results of your study to their competitor/s. 4. Draw conclusions about their similarities and differences.
With the discussion on the Four P's of Marketing, tasks are the following: 1. Select a restaurant and one of its major products. This can be a fast food restaurant and a product of your group's choice. Once you have chosen a restaurant and a particular product, determine the marketing mix of that product you intend to buy. Use the following as your guide: THE PRODUCT: (Describe its characteristics. Service can be included based on how you assess it.) THE PRICE: (Take note of the price of that product and consider its competitors. Write them down.) THE PLACE: (Research why do you think that their establishment is located in that area.) THE PROMOTION: (Determine what promotional efforts have been used by the company to market the product) 3. Compare and write down the results of your study to their competitor/s. 4. Draw conclusions about their similarities and differences.
Chapter13: Services Marketing
Section: Chapter Questions
Problem 1DYMP
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CHOSEN RESTAURANT: MCDONALD’s
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