SlideShare a Scribd company logo
1 of 53
Amparo, Mary Rose C. 
Wales, Cherelou A. 
BSBM-HRDM4A
 Brand Associates 
 Brand men 
 Product Managers/ 
Directors 
- classify products on three (3) levels: 
1. Core Product 
2. Tangible Product 
3. Augmented Product
- answers the question: What is the buyer really 
buying? 
- stands at the center stage of the Total Product. 
- have many characteristics like features, styling, 
brand name, packaging, and quality level. 
- offering additional services and benefits by looking 
at the buyer’s total consumption system.
PRODUCT 
S 
WHAT 
YOU’RE 
SELLING 
Memorial Plans 
Pre-Need/ Insurance 
Encyclopedias 
Cellular Phones 
Cable TV 
Make-up Cosmetics 
Services 
Protection & Security 
Knowledge 
Ease & Speed of 
Communication 
Entertainment Relaxation 
Hope Miracles
1. Drugs and Medicines 
Format 
a. Capsules 
b. Tablets 
c. Liquid 
2. Juice Formats 
a. Natural and fresh juices 
b. Ready-to-Drink 
c. Powder 
3. Milk Product Formats 
a. Liquid 
b. Powdered 
c. Condensed 
4. Food in Several Formats 
a. Fresh and Raw 
b. Smoked 
c. Preserved
SWEETENED 
FRUITS 
FORMAT 
DRIED 
FRESH 
PRESERVED
CANS 
FRUIT 
PACKAGING 
FORMATS 
JAR 
CORRUGATED 
BOARDS 
TETRAPACKS
- is a name, term, sign, symbol design or 
combination of these, intended to identify 
the goods or services of a seller to 
differentiate them from those of competitors. 
- is a part of brand that can be vocalized.
- part of a brand which can be 
recognized but is not utterable such 
as its symbol, design, or distinctive 
coloring, or lettering.
- is a brand or part of a brand that is given legal 
protection. 
- is the exclusive legal right to reproduce, 
publish, and sell the matter and form of a literary 
musical or artistic work.
- adds value to the product, creating the 
perception of high quality and being 
expensive.
With the enactment of the Generics Law in 
September 1988 and the issuance of Labelling Guidelines 
by DOH, drug products are labeled by indicating the 
internationally accepted generic name first, then followed 
by the brand name. 
The generic name in accordance to the generic 
labelling guideline is enclosed in a box.
- product could get instant recognition and patronage, 
because of the popularity of the original brand name.
- is any effort to use a successful brand name to 
launch new or modified products.
PARACETAMOL BIOGESIC 
Syrup Powder Tablets 
Children Teens Adults 
Drops 
Infants
SIMILARITIES: 
1. Generically-equivalent 
2. Same CGMP 
3. Same Raw 
Material (RM) 
4. Same Formula 
5. Same Formula 
6. Same QC 
Procedure 
MULTIBRANDIN 
G STRATEGY FOR 
PARACETAMOL 
DIFFERENCES: 
1. Different Brand 
Names 
2. Different Packaging 
3. Different Color and 
Size 
4. Different Pricing 
5. Different 
Positioning Strategy 
6. Different Target 
Market
1. It should closely suggest something about the 
product’s benefits and qualities. 
2. It should be easy to pronounce, recognize, and 
remember. 
3. It should be distinctive to readily arrest attention.
- is a highly important and valuable marketing 
tool for durable and non-durable goods.
1. Primary Package – the product’s immediate 
container.
2. Secondary Package – the packaging material 
that protects the primary package.
3. Shipping package 
- used primarily to store, identify, and ship the 
product to target markets.
4. Labeling 
- part of product packaging and consists of 
printed information appearing on or within the package 
in accordance to the labeling guidelines.
- a major packaging concern by coming out with 
products that are tamper-proof or in tamper-resistant 
packages, practically for all types of products formats 
intended for infants, children, and the adults market.
1. Customers will patronize even with out idea of the 
quality of the product.
2. Gives convenience and ease of handling to the 
customers.
3. Product will lead to repeat purchase of the 
customers.
4. Customers will respond at short notice.
- products have creative desirable colors, design 
and text. Trigger immediate purchase decisions at the 
point-of-sale.
- according to Kotler, Product line is 
a group of products that are closely related 
to each other.
- is the set of all product lines and items that 
are particular seller offers for sale to buyers.
- period of very low sales performance during the 
first few months to one year or more after being formally 
introduced into the market. 
Investment- spending strategy - creatively promoting 
and distributing the new product to target customers.
- increasing sales and profits performance because 
the new product has entered the growth stage. 
1. Product improvement/ modifications. 
2. Entering new market segment. 
3. Lowering prices to precious levels. 
4. Promotions efforts. 
5. Product positioning or re-positioning competitors 
products. 
6. Increased logistics supports.
- slowing down of the products sales volume, 
reaching a plateau or remaining at constant volumes. 
- continues drops in sales volume of most if not all 
product formats and brands, at a low level for many years. 
Factors why sales decline: 
1. Rapid technological advances. 
2. Adherence to safety and efficacy. 
3. Price consciousness due to inflation.
Product Mix - decisions and strategies

More Related Content

What's hot

Product management and product life cycle
Product management and product life cycleProduct management and product life cycle
Product management and product life cycleDr. J. Jayapradha Varma
 
Sales Promotion in Marketing
Sales Promotion in MarketingSales Promotion in Marketing
Sales Promotion in MarketingAnubha Rastogi
 
Distribution intensity final
Distribution intensity finalDistribution intensity final
Distribution intensity finalAamera Khan
 
Product line decisions & Product Life Cycle
Product line decisions & Product Life CycleProduct line decisions & Product Life Cycle
Product line decisions & Product Life CycleManu Antony
 
Product differentiation
Product differentiation Product differentiation
Product differentiation Ajilal
 
Promotion mix
Promotion mixPromotion mix
Promotion mixankitdel7
 
CONSUMER BEHAVIOUR INDUSTRIAL BUYING BEHAVIOUR
CONSUMER BEHAVIOUR INDUSTRIAL BUYING BEHAVIOURCONSUMER BEHAVIOUR INDUSTRIAL BUYING BEHAVIOUR
CONSUMER BEHAVIOUR INDUSTRIAL BUYING BEHAVIOURAshish Hande
 
Pricing in marketing Management
Pricing in marketing ManagementPricing in marketing Management
Pricing in marketing ManagementYamini Kahaliya
 
Market segmentation PPT
Market segmentation PPTMarket segmentation PPT
Market segmentation PPTAabhas Rastogi
 
09 product mix strategies
09   product mix strategies09   product mix strategies
09 product mix strategiesSufyan Safi
 
Channel of distribution
Channel of distributionChannel of distribution
Channel of distributiondeepu2000
 
Organizational buying process
Organizational buying processOrganizational buying process
Organizational buying processSujan Oli
 
Marketing - Pricing
Marketing - PricingMarketing - Pricing
Marketing - Pricingtutor2u
 

What's hot (20)

Product management and product life cycle
Product management and product life cycleProduct management and product life cycle
Product management and product life cycle
 
Sales Promotion in Marketing
Sales Promotion in MarketingSales Promotion in Marketing
Sales Promotion in Marketing
 
Distribution intensity final
Distribution intensity finalDistribution intensity final
Distribution intensity final
 
Product line decisions & Product Life Cycle
Product line decisions & Product Life CycleProduct line decisions & Product Life Cycle
Product line decisions & Product Life Cycle
 
Channel conflicts
Channel conflictsChannel conflicts
Channel conflicts
 
Product positioning ppt
Product positioning pptProduct positioning ppt
Product positioning ppt
 
Product differentiation
Product differentiation Product differentiation
Product differentiation
 
Promotion mix
Promotion mixPromotion mix
Promotion mix
 
Merchandising
MerchandisingMerchandising
Merchandising
 
CONSUMER BEHAVIOUR INDUSTRIAL BUYING BEHAVIOUR
CONSUMER BEHAVIOUR INDUSTRIAL BUYING BEHAVIOURCONSUMER BEHAVIOUR INDUSTRIAL BUYING BEHAVIOUR
CONSUMER BEHAVIOUR INDUSTRIAL BUYING BEHAVIOUR
 
Pricing in marketing Management
Pricing in marketing ManagementPricing in marketing Management
Pricing in marketing Management
 
Market segmentation PPT
Market segmentation PPTMarket segmentation PPT
Market segmentation PPT
 
Product Mix
Product Mix Product Mix
Product Mix
 
09 product mix strategies
09   product mix strategies09   product mix strategies
09 product mix strategies
 
Channel of distribution
Channel of distributionChannel of distribution
Channel of distribution
 
MARKETING MIX 4ps
MARKETING MIX 4psMARKETING MIX 4ps
MARKETING MIX 4ps
 
Organizational buying process
Organizational buying processOrganizational buying process
Organizational buying process
 
Marketing channels
Marketing channelsMarketing channels
Marketing channels
 
Marketing - Pricing
Marketing - PricingMarketing - Pricing
Marketing - Pricing
 
Product and brand management notes
Product and brand management notes Product and brand management notes
Product and brand management notes
 

Viewers also liked

Product decisions
Product decisionsProduct decisions
Product decisionsLuv Khanna
 
Product decisions chapter 8
Product decisions chapter 8Product decisions chapter 8
Product decisions chapter 8Rachel Coles
 
Products and service decisions marketing
Products and service decisions marketingProducts and service decisions marketing
Products and service decisions marketingNone
 
Marketing Models
Marketing ModelsMarketing Models
Marketing ModelsJon Kohrs
 
The Marketing Models
The Marketing ModelsThe Marketing Models
The Marketing ModelsJohn Webb
 
Marketing Management(Notes for BBA & Commerce)
Marketing Management(Notes for BBA & Commerce)Marketing Management(Notes for BBA & Commerce)
Marketing Management(Notes for BBA & Commerce)Seetal Daas
 
Presentation on product levels, product mix, Consumer goods classification,Br...
Presentation on product levels, product mix, Consumer goods classification,Br...Presentation on product levels, product mix, Consumer goods classification,Br...
Presentation on product levels, product mix, Consumer goods classification,Br...Mohammad Raihan Siddique
 
Product life cycle & marketing strategies
Product life cycle & marketing strategiesProduct life cycle & marketing strategies
Product life cycle & marketing strategiesAmar Ingale
 
Pricing strategies(philip kotler)
Pricing strategies(philip kotler)Pricing strategies(philip kotler)
Pricing strategies(philip kotler)Shailja Pathak
 
Difference between indusrial marketing & consumer marketing
Difference between indusrial marketing & consumer marketingDifference between indusrial marketing & consumer marketing
Difference between indusrial marketing & consumer marketingDr. Chandra Shekhar Singh
 
Product life cycle & marketing strategy
Product life cycle & marketing strategyProduct life cycle & marketing strategy
Product life cycle & marketing strategyHitesh Sunny
 
Product Marketing Plan Playbook
Product Marketing Plan PlaybookProduct Marketing Plan Playbook
Product Marketing Plan PlaybookDemand Metric
 
Pricing Strategies
Pricing StrategiesPricing Strategies
Pricing Strategiesramyasn16
 

Viewers also liked (20)

Product decisions
Product decisionsProduct decisions
Product decisions
 
Elements of promotion mix
Elements of promotion mixElements of promotion mix
Elements of promotion mix
 
Lettering
LetteringLettering
Lettering
 
Product decisions chapter 8
Product decisions chapter 8Product decisions chapter 8
Product decisions chapter 8
 
Products and service decisions marketing
Products and service decisions marketingProducts and service decisions marketing
Products and service decisions marketing
 
Marketing Models
Marketing ModelsMarketing Models
Marketing Models
 
The Marketing Models
The Marketing ModelsThe Marketing Models
The Marketing Models
 
Marketing Management(Notes for BBA & Commerce)
Marketing Management(Notes for BBA & Commerce)Marketing Management(Notes for BBA & Commerce)
Marketing Management(Notes for BBA & Commerce)
 
Marketing models
Marketing modelsMarketing models
Marketing models
 
Turnkey project
Turnkey projectTurnkey project
Turnkey project
 
Presentation on product levels, product mix, Consumer goods classification,Br...
Presentation on product levels, product mix, Consumer goods classification,Br...Presentation on product levels, product mix, Consumer goods classification,Br...
Presentation on product levels, product mix, Consumer goods classification,Br...
 
Product ppt(1)
Product ppt(1)Product ppt(1)
Product ppt(1)
 
Marketing Positioning Strategies
Marketing Positioning StrategiesMarketing Positioning Strategies
Marketing Positioning Strategies
 
Product life cycle & marketing strategies
Product life cycle & marketing strategiesProduct life cycle & marketing strategies
Product life cycle & marketing strategies
 
Pricing strategies(philip kotler)
Pricing strategies(philip kotler)Pricing strategies(philip kotler)
Pricing strategies(philip kotler)
 
Promotion Mix
Promotion MixPromotion Mix
Promotion Mix
 
Difference between indusrial marketing & consumer marketing
Difference between indusrial marketing & consumer marketingDifference between indusrial marketing & consumer marketing
Difference between indusrial marketing & consumer marketing
 
Product life cycle & marketing strategy
Product life cycle & marketing strategyProduct life cycle & marketing strategy
Product life cycle & marketing strategy
 
Product Marketing Plan Playbook
Product Marketing Plan PlaybookProduct Marketing Plan Playbook
Product Marketing Plan Playbook
 
Pricing Strategies
Pricing StrategiesPricing Strategies
Pricing Strategies
 

Similar to Product Mix - decisions and strategies

AGRICULTURAL MARKETING PART II.pptx
AGRICULTURAL MARKETING PART II.pptxAGRICULTURAL MARKETING PART II.pptx
AGRICULTURAL MARKETING PART II.pptxGelMiAmor
 
Labelling And Packing
Labelling And PackingLabelling And Packing
Labelling And Packingrajesh panda
 
Managing the Product - Marketing Management
Managing the Product - Marketing ManagementManaging the Product - Marketing Management
Managing the Product - Marketing ManagementVIRUPAKSHA GOUD
 
MKT001_PPT03-1.PRODUCT.pptx in marketing management
MKT001_PPT03-1.PRODUCT.pptx in marketing managementMKT001_PPT03-1.PRODUCT.pptx in marketing management
MKT001_PPT03-1.PRODUCT.pptx in marketing managementRodeMalien1
 
Chapter 9 - Managing the product
Chapter 9 - Managing the productChapter 9 - Managing the product
Chapter 9 - Managing the productNicholsb1
 
Gr xiib-bs-ch-11-s5
Gr xiib-bs-ch-11-s5Gr xiib-bs-ch-11-s5
Gr xiib-bs-ch-11-s5Baiju KT
 
Product Life Cycle (Managing Products and Brands)
Product Life Cycle (Managing Products and Brands)Product Life Cycle (Managing Products and Brands)
Product Life Cycle (Managing Products and Brands)Chelbert Yuto
 
Pharmaceutical Management: Product mix
Pharmaceutical Management: Product mixPharmaceutical Management: Product mix
Pharmaceutical Management: Product mixCarmela Alonzo
 
Branding,Packaging and Labeling
Branding,Packaging and Labeling Branding,Packaging and Labeling
Branding,Packaging and Labeling Yash Aggrawal
 
Packaging and labeling
Packaging and labelingPackaging and labeling
Packaging and labelingAna Yat
 
MARKMAG Notes for Midterms
MARKMAG Notes for MidtermsMARKMAG Notes for Midterms
MARKMAG Notes for MidtermsSamantha Abalos
 
Packaging,labeling,warranties and guaranties
Packaging,labeling,warranties and guarantiesPackaging,labeling,warranties and guaranties
Packaging,labeling,warranties and guarantiesSomRai5
 
Branding,packaging,labelling
Branding,packaging,labellingBranding,packaging,labelling
Branding,packaging,labellingNaveen Sharma
 
2. Product & Branding Nov 2008
2. Product & Branding Nov 20082. Product & Branding Nov 2008
2. Product & Branding Nov 2008RobbieA
 
Unit 2.1 Product _Brand_PLC_New PD.pptx
Unit 2.1 Product _Brand_PLC_New PD.pptxUnit 2.1 Product _Brand_PLC_New PD.pptx
Unit 2.1 Product _Brand_PLC_New PD.pptxMadhusudan Rao Datrika
 

Similar to Product Mix - decisions and strategies (20)

AGRICULTURAL MARKETING PART II.pptx
AGRICULTURAL MARKETING PART II.pptxAGRICULTURAL MARKETING PART II.pptx
AGRICULTURAL MARKETING PART II.pptx
 
Labelling And Packing
Labelling And PackingLabelling And Packing
Labelling And Packing
 
Managing the Product - Marketing Management
Managing the Product - Marketing ManagementManaging the Product - Marketing Management
Managing the Product - Marketing Management
 
MKT001_PPT03-1.PRODUCT.pptx in marketing management
MKT001_PPT03-1.PRODUCT.pptx in marketing managementMKT001_PPT03-1.PRODUCT.pptx in marketing management
MKT001_PPT03-1.PRODUCT.pptx in marketing management
 
Chapter 9 - Managing the product
Chapter 9 - Managing the productChapter 9 - Managing the product
Chapter 9 - Managing the product
 
Gr xiib-bs-ch-11-s5
Gr xiib-bs-ch-11-s5Gr xiib-bs-ch-11-s5
Gr xiib-bs-ch-11-s5
 
Product Life Cycle (Managing Products and Brands)
Product Life Cycle (Managing Products and Brands)Product Life Cycle (Managing Products and Brands)
Product Life Cycle (Managing Products and Brands)
 
MARKETING 7Ps.pptx
MARKETING 7Ps.pptxMARKETING 7Ps.pptx
MARKETING 7Ps.pptx
 
Pharmaceutical Management: Product mix
Pharmaceutical Management: Product mixPharmaceutical Management: Product mix
Pharmaceutical Management: Product mix
 
Branding,Packaging and Labeling
Branding,Packaging and Labeling Branding,Packaging and Labeling
Branding,Packaging and Labeling
 
product management
product managementproduct management
product management
 
Packaging and labeling
Packaging and labelingPackaging and labeling
Packaging and labeling
 
MARKMAG Notes for Midterms
MARKMAG Notes for MidtermsMARKMAG Notes for Midterms
MARKMAG Notes for Midterms
 
Packaging,labeling,warranties and guaranties
Packaging,labeling,warranties and guarantiesPackaging,labeling,warranties and guaranties
Packaging,labeling,warranties and guaranties
 
Branding,packaging,labelling
Branding,packaging,labellingBranding,packaging,labelling
Branding,packaging,labelling
 
Product decision
Product decision Product decision
Product decision
 
2. Product & Branding Nov 2008
2. Product & Branding Nov 20082. Product & Branding Nov 2008
2. Product & Branding Nov 2008
 
Unit 2.1 Product _Brand_PLC_New PD.pptx
Unit 2.1 Product _Brand_PLC_New PD.pptxUnit 2.1 Product _Brand_PLC_New PD.pptx
Unit 2.1 Product _Brand_PLC_New PD.pptx
 
Marketing 101
Marketing 101Marketing 101
Marketing 101
 
Product descision
Product descisionProduct descision
Product descision
 

Recently uploaded

Navigating Global Markets and Strategies for Success
Navigating Global Markets and Strategies for SuccessNavigating Global Markets and Strategies for Success
Navigating Global Markets and Strategies for SuccessElizabeth Moore
 
Gen Z and Millennial Debit Card Use Survey.pdf
Gen Z and Millennial Debit Card Use Survey.pdfGen Z and Millennial Debit Card Use Survey.pdf
Gen Z and Millennial Debit Card Use Survey.pdfMedia Logic
 
Agencia Marketing Branding Creative Certification Exam Google Diciembre 2023
Agencia Marketing Branding Creative Certification Exam Google Diciembre 2023Agencia Marketing Branding Creative Certification Exam Google Diciembre 2023
Agencia Marketing Branding Creative Certification Exam Google Diciembre 2023Marketing BRANDING
 
Master the art of Social Selling to increase sales by fostering relationships...
Master the art of Social Selling to increase sales by fostering relationships...Master the art of Social Selling to increase sales by fostering relationships...
Master the art of Social Selling to increase sales by fostering relationships...VereigenMedia1
 
The power of SEO-driven market intelligence
The power of SEO-driven market intelligenceThe power of SEO-driven market intelligence
The power of SEO-driven market intelligenceHinde Lamrani
 
Exploring Web 3.0 Growth marketing: Navigating the Future of the Internet
Exploring Web 3.0 Growth marketing: Navigating the Future of the InternetExploring Web 3.0 Growth marketing: Navigating the Future of the Internet
Exploring Web 3.0 Growth marketing: Navigating the Future of the Internetnehapardhi711
 
Francesco d’Angela, Service Designer di @HintoGroup- “Oltre la Frontiera Crea...
Francesco d’Angela, Service Designer di @HintoGroup- “Oltre la Frontiera Crea...Francesco d’Angela, Service Designer di @HintoGroup- “Oltre la Frontiera Crea...
Francesco d’Angela, Service Designer di @HintoGroup- “Oltre la Frontiera Crea...Associazione Digital Days
 
What’s the difference between Affiliate Marketing and Brand Partnerships?
What’s the difference between Affiliate Marketing and Brand Partnerships?What’s the difference between Affiliate Marketing and Brand Partnerships?
What’s the difference between Affiliate Marketing and Brand Partnerships?Partnercademy
 
Codes and Conventions of Film Magazine Covers.pptx
Codes and Conventions of Film Magazine Covers.pptxCodes and Conventions of Film Magazine Covers.pptx
Codes and Conventions of Film Magazine Covers.pptxGeorgeCulica
 
social media optimization complete indroduction
social media optimization complete indroductionsocial media optimization complete indroduction
social media optimization complete indroductioninfoshraddha747
 
Codes and Conventions of Film Magazine Websites.pptx
Codes and Conventions of Film Magazine Websites.pptxCodes and Conventions of Film Magazine Websites.pptx
Codes and Conventions of Film Magazine Websites.pptxGeorgeCulica
 
Professional Sales Representative by Sahil Srivastava.pptx
Professional Sales Representative by Sahil Srivastava.pptxProfessional Sales Representative by Sahil Srivastava.pptx
Professional Sales Representative by Sahil Srivastava.pptxSahil Srivastava
 
Paul Russell Confidential Resume for Fahlo.pdf
Paul Russell Confidential Resume for Fahlo.pdfPaul Russell Confidential Resume for Fahlo.pdf
Paul Russell Confidential Resume for Fahlo.pdfpaul8402
 
SEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise SuccessSEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise SuccessLiv Day
 
A Comprehensive Guide to Technical SEO | Banyanbrain
A Comprehensive Guide to Technical SEO | BanyanbrainA Comprehensive Guide to Technical SEO | Banyanbrain
A Comprehensive Guide to Technical SEO | BanyanbrainBanyanbrain
 
Best digital marketing e-book form bignners
Best digital marketing e-book form bignnersBest digital marketing e-book form bignners
Best digital marketing e-book form bignnersmuntasibkhan58
 
SEO Forecasting by Nitin Manchanda at Berlin SEO & Content Club
SEO Forecasting by Nitin Manchanda at Berlin SEO & Content ClubSEO Forecasting by Nitin Manchanda at Berlin SEO & Content Club
SEO Forecasting by Nitin Manchanda at Berlin SEO & Content ClubNitin Manchanda
 
When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...
When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...
When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...LazarinaStoyanova
 
Bamboo Charcoal Toothpaste By Phyto Atomy For More Details Message On WhatsA...
Bamboo Charcoal Toothpaste By Phyto Atomy  For More Details Message On WhatsA...Bamboo Charcoal Toothpaste By Phyto Atomy  For More Details Message On WhatsA...
Bamboo Charcoal Toothpaste By Phyto Atomy For More Details Message On WhatsA...shrutimishraqt
 
Exploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdfExploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdfadult marketing
 

Recently uploaded (20)

Navigating Global Markets and Strategies for Success
Navigating Global Markets and Strategies for SuccessNavigating Global Markets and Strategies for Success
Navigating Global Markets and Strategies for Success
 
Gen Z and Millennial Debit Card Use Survey.pdf
Gen Z and Millennial Debit Card Use Survey.pdfGen Z and Millennial Debit Card Use Survey.pdf
Gen Z and Millennial Debit Card Use Survey.pdf
 
Agencia Marketing Branding Creative Certification Exam Google Diciembre 2023
Agencia Marketing Branding Creative Certification Exam Google Diciembre 2023Agencia Marketing Branding Creative Certification Exam Google Diciembre 2023
Agencia Marketing Branding Creative Certification Exam Google Diciembre 2023
 
Master the art of Social Selling to increase sales by fostering relationships...
Master the art of Social Selling to increase sales by fostering relationships...Master the art of Social Selling to increase sales by fostering relationships...
Master the art of Social Selling to increase sales by fostering relationships...
 
The power of SEO-driven market intelligence
The power of SEO-driven market intelligenceThe power of SEO-driven market intelligence
The power of SEO-driven market intelligence
 
Exploring Web 3.0 Growth marketing: Navigating the Future of the Internet
Exploring Web 3.0 Growth marketing: Navigating the Future of the InternetExploring Web 3.0 Growth marketing: Navigating the Future of the Internet
Exploring Web 3.0 Growth marketing: Navigating the Future of the Internet
 
Francesco d’Angela, Service Designer di @HintoGroup- “Oltre la Frontiera Crea...
Francesco d’Angela, Service Designer di @HintoGroup- “Oltre la Frontiera Crea...Francesco d’Angela, Service Designer di @HintoGroup- “Oltre la Frontiera Crea...
Francesco d’Angela, Service Designer di @HintoGroup- “Oltre la Frontiera Crea...
 
What’s the difference between Affiliate Marketing and Brand Partnerships?
What’s the difference between Affiliate Marketing and Brand Partnerships?What’s the difference between Affiliate Marketing and Brand Partnerships?
What’s the difference between Affiliate Marketing and Brand Partnerships?
 
Codes and Conventions of Film Magazine Covers.pptx
Codes and Conventions of Film Magazine Covers.pptxCodes and Conventions of Film Magazine Covers.pptx
Codes and Conventions of Film Magazine Covers.pptx
 
social media optimization complete indroduction
social media optimization complete indroductionsocial media optimization complete indroduction
social media optimization complete indroduction
 
Codes and Conventions of Film Magazine Websites.pptx
Codes and Conventions of Film Magazine Websites.pptxCodes and Conventions of Film Magazine Websites.pptx
Codes and Conventions of Film Magazine Websites.pptx
 
Professional Sales Representative by Sahil Srivastava.pptx
Professional Sales Representative by Sahil Srivastava.pptxProfessional Sales Representative by Sahil Srivastava.pptx
Professional Sales Representative by Sahil Srivastava.pptx
 
Paul Russell Confidential Resume for Fahlo.pdf
Paul Russell Confidential Resume for Fahlo.pdfPaul Russell Confidential Resume for Fahlo.pdf
Paul Russell Confidential Resume for Fahlo.pdf
 
SEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise SuccessSEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise Success
 
A Comprehensive Guide to Technical SEO | Banyanbrain
A Comprehensive Guide to Technical SEO | BanyanbrainA Comprehensive Guide to Technical SEO | Banyanbrain
A Comprehensive Guide to Technical SEO | Banyanbrain
 
Best digital marketing e-book form bignners
Best digital marketing e-book form bignnersBest digital marketing e-book form bignners
Best digital marketing e-book form bignners
 
SEO Forecasting by Nitin Manchanda at Berlin SEO & Content Club
SEO Forecasting by Nitin Manchanda at Berlin SEO & Content ClubSEO Forecasting by Nitin Manchanda at Berlin SEO & Content Club
SEO Forecasting by Nitin Manchanda at Berlin SEO & Content Club
 
When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...
When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...
When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...
 
Bamboo Charcoal Toothpaste By Phyto Atomy For More Details Message On WhatsA...
Bamboo Charcoal Toothpaste By Phyto Atomy  For More Details Message On WhatsA...Bamboo Charcoal Toothpaste By Phyto Atomy  For More Details Message On WhatsA...
Bamboo Charcoal Toothpaste By Phyto Atomy For More Details Message On WhatsA...
 
Exploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdfExploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdf
 

Product Mix - decisions and strategies

  • 1. Amparo, Mary Rose C. Wales, Cherelou A. BSBM-HRDM4A
  • 2.  Brand Associates  Brand men  Product Managers/ Directors - classify products on three (3) levels: 1. Core Product 2. Tangible Product 3. Augmented Product
  • 3. - answers the question: What is the buyer really buying? - stands at the center stage of the Total Product. - have many characteristics like features, styling, brand name, packaging, and quality level. - offering additional services and benefits by looking at the buyer’s total consumption system.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8. PRODUCT S WHAT YOU’RE SELLING Memorial Plans Pre-Need/ Insurance Encyclopedias Cellular Phones Cable TV Make-up Cosmetics Services Protection & Security Knowledge Ease & Speed of Communication Entertainment Relaxation Hope Miracles
  • 9.
  • 10. 1. Drugs and Medicines Format a. Capsules b. Tablets c. Liquid 2. Juice Formats a. Natural and fresh juices b. Ready-to-Drink c. Powder 3. Milk Product Formats a. Liquid b. Powdered c. Condensed 4. Food in Several Formats a. Fresh and Raw b. Smoked c. Preserved
  • 11.
  • 12. SWEETENED FRUITS FORMAT DRIED FRESH PRESERVED
  • 13. CANS FRUIT PACKAGING FORMATS JAR CORRUGATED BOARDS TETRAPACKS
  • 14. - is a name, term, sign, symbol design or combination of these, intended to identify the goods or services of a seller to differentiate them from those of competitors. - is a part of brand that can be vocalized.
  • 15. - part of a brand which can be recognized but is not utterable such as its symbol, design, or distinctive coloring, or lettering.
  • 16. - is a brand or part of a brand that is given legal protection. - is the exclusive legal right to reproduce, publish, and sell the matter and form of a literary musical or artistic work.
  • 17. - adds value to the product, creating the perception of high quality and being expensive.
  • 18.
  • 19. With the enactment of the Generics Law in September 1988 and the issuance of Labelling Guidelines by DOH, drug products are labeled by indicating the internationally accepted generic name first, then followed by the brand name. The generic name in accordance to the generic labelling guideline is enclosed in a box.
  • 20. - product could get instant recognition and patronage, because of the popularity of the original brand name.
  • 21. - is any effort to use a successful brand name to launch new or modified products.
  • 22. PARACETAMOL BIOGESIC Syrup Powder Tablets Children Teens Adults Drops Infants
  • 23. SIMILARITIES: 1. Generically-equivalent 2. Same CGMP 3. Same Raw Material (RM) 4. Same Formula 5. Same Formula 6. Same QC Procedure MULTIBRANDIN G STRATEGY FOR PARACETAMOL DIFFERENCES: 1. Different Brand Names 2. Different Packaging 3. Different Color and Size 4. Different Pricing 5. Different Positioning Strategy 6. Different Target Market
  • 24.
  • 25.
  • 26. 1. It should closely suggest something about the product’s benefits and qualities. 2. It should be easy to pronounce, recognize, and remember. 3. It should be distinctive to readily arrest attention.
  • 27.
  • 28. - is a highly important and valuable marketing tool for durable and non-durable goods.
  • 29. 1. Primary Package – the product’s immediate container.
  • 30. 2. Secondary Package – the packaging material that protects the primary package.
  • 31. 3. Shipping package - used primarily to store, identify, and ship the product to target markets.
  • 32. 4. Labeling - part of product packaging and consists of printed information appearing on or within the package in accordance to the labeling guidelines.
  • 33. - a major packaging concern by coming out with products that are tamper-proof or in tamper-resistant packages, practically for all types of products formats intended for infants, children, and the adults market.
  • 34. 1. Customers will patronize even with out idea of the quality of the product.
  • 35.
  • 36. 2. Gives convenience and ease of handling to the customers.
  • 37. 3. Product will lead to repeat purchase of the customers.
  • 38. 4. Customers will respond at short notice.
  • 39. - products have creative desirable colors, design and text. Trigger immediate purchase decisions at the point-of-sale.
  • 40.
  • 41. - according to Kotler, Product line is a group of products that are closely related to each other.
  • 42.
  • 43.
  • 44.
  • 45. - is the set of all product lines and items that are particular seller offers for sale to buyers.
  • 46.
  • 47. - period of very low sales performance during the first few months to one year or more after being formally introduced into the market. Investment- spending strategy - creatively promoting and distributing the new product to target customers.
  • 48. - increasing sales and profits performance because the new product has entered the growth stage. 1. Product improvement/ modifications. 2. Entering new market segment. 3. Lowering prices to precious levels. 4. Promotions efforts. 5. Product positioning or re-positioning competitors products. 6. Increased logistics supports.
  • 49.
  • 50.
  • 51.
  • 52. - slowing down of the products sales volume, reaching a plateau or remaining at constant volumes. - continues drops in sales volume of most if not all product formats and brands, at a low level for many years. Factors why sales decline: 1. Rapid technological advances. 2. Adherence to safety and efficacy. 3. Price consciousness due to inflation.

Editor's Notes

  1. PARITY - SIMILARITY