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Retail marketing mix.ppt

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Retail marketing mix.ppt

  1. 1. Retail Marketing Mix Dr. Gopal Thapa Tribhuvan University
  2. 2. Marketing Mix  The set of controllable tactical marketing tools that the firm blends to produce the response it wants in the target market Kotler 2/5/2023 Prepared by Dr. Gopal Thapa 2
  3. 3. Four Ps  Product  Price  Place  Promotion 2/5/2023 Prepared by Dr. Gopal Thapa 3
  4. 4. Marketing Mix for Services  Product  Price  Place  Promotion Booms and Bitner (1981)  People  Process  Physical evidence 2/5/2023 Prepared by Dr. Gopal Thapa 4
  5. 5. The Retail Product  A product is anything that can be offered to a market that may satisfy a need or want 2/5/2023 Prepared by Dr. Gopal Thapa 5
  6. 6. A Breakdown of Retailing as a Product  Service  Quality  Merchandise  Brand name  Features and benefits  Atmospherics 2/5/2023 Prepared by Dr. Gopal Thapa 6
  7. 7. Service (Five Dimension to Measure Service Quality)  Tangibles: Uniforms, toilets, mirrors, fitting rooms  Reliability: Ability to perform the service dependability and accurately  Responsiveness: By reacting in a timely manner with the right level of knowledge and courtesy  Empathy: Providing a caring, individualized service for customers  Assurance: to provide credibility that the service standard will be upheld 2/5/2023 Prepared by Dr. Gopal Thapa 7
  8. 8. Atmospherics  The use of space, color, walls, floor coverings, lighting, music, scent and so on can be controlled by the retailer.  The combinations of those planned physical messages is known as atmospherics 2/5/2023 Prepared by Dr. Gopal Thapa 8
  9. 9. Atmospherics  The changes made to the design of buying environments that produce special emotional effects that subsequently enhance the likelihood that purchase will take place .  David Gilbert 2/5/2023 Prepared by Dr. Gopal Thapa 9
  10. 10. The main Sensory Mediums  Visual: color, brightness or variation of light, size shape, texture  Aural: volume, beat, pitch, harmony- recognized/ favored music  Olfactory: Scent, freshness  Tactile: Softness, smoothness, shape- surface and display area by feel or touch 2/5/2023 Prepared by Dr. Gopal Thapa 10

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