PROJECT ON MARKETING MIX

Description
PROJECT ON MARKETING MIX

PRESENTED BY-

ABHISHEK SINGH AKHIL MISHRA AMIT RANJAN JHA ANJANA KUMARI DWIVEDI ANKUR SHRIVASTAVA

•The term marketing mix was coined in an article written by Neil Borden called “The Concept of the Marketing Mix.”

History

•The marketer, E. Jerome McCarthy, proposed a four Ps classification in 1960
•Robert F. Lauterborn proposed a four Cs classification in 1993

Marketing Mix
-Four P’s

4P’s & 4C’s
•Product- Customer /Consumer
•Price- Customer cost •Place- Convenience

•Promotion- Communication

Extended- Marketing Mix

7Ps & 7Cs
The 7 Ps
Organisation Facing

The 7 Cs
Customer Facing

Product = Customer/ Consumer

Price = Cost
Place = Convenience Promotion = Communication People = Caring Processes = Co-ordinated Physical Evidence = Confirmation

•C850 : First known discovery of coffee berries •1600 : Coffee enters to Europe through the port of Venice •1654 : The first coffee house opens in Italy •1750 : One of Europe’s first Coffee house •1822 : Prototype of 1st espresso machine is created in France •1908 : Invention of the world’s 1st drip coffee maker •Feb, 2000: First Barista Lavazza at Basant Lok, New Delhi

Coffee-story

• Previously only a SouthIndian drink • Confined to the Rich Brahmin class • Places for lawyers and educated class to hold discussions • The drink has now become more of a concept

Café bars have flocked like CCD, Barista, Mocha, Qwiky’s etc • Became famous and even 5 star hotels started cashing on it. • Coffee houses started emerging at various places in the country

Marketing Scenario

Barista – Corporate Profile
Has opened 100 outlets countrywide over last 2 yrs • Marked its presence in Sri Lanka and Dubai too • Now targeting 22 international outlets including Bangladesh, Bahrain, Qatar, Oman and Kuwait


Marketing Mix • Pricing

– 10% higher than Competitors – Prices are lowest they have ever been – High COGS because of Import duties • Process – Self Service

• Positioning

– Where the world meets

• People

– Well trained employees – to be polite pleasant and positive – Consistent service at every outlet –Average age – 22yrs – Ensure to have quiet, uninterrupted visit – Uniforms are in sober shades of brown and orange • Promotion – Sales Promotion

Physical Evidence

– Logo, colors and images – Décor and architecture – Literature

• Place

– Outlets located in strategic locations – Generally located at High Street/Family entertainment centers', in and around malls and cinemas and offices

I may be young, But please take me Seriously”


• Youth – between 15-35 yrs • Students form a majority of customer base • Likes to be in group • Likes to sit, talk and relax • Drinks a cup of Gourmet coffee with added flavors • Prefers snacks rather than meals

Advertising Situation
– Café Citizen Card – Association with movies – Contests with brands like levis, Airtel Friends, Pep Scooty, etc – Event Ticket sales like Enrique, Bran Adams, Elton John

Creative Strategy



doc_204947459.pptx
 

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