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Lesson 9: Sales and Marketing 9.5 The marketing mix for your marketing strategy
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səhifə | 3/9 | tarix | 10.06.2023 | ölçüsü | 226 Kb. | | #128075 |
| Lesson 9 - Marketing and Sales (revised)-d1339ea91adcebe8e27227e5861d52d2
- The different elements of your marketing strategy can be divided into seven
- basic decision areas that bar owners may use to devise an overall marketing
- strategy for a single product or the complete bar. This is often referred to as the,
- seven Ps;
- Product: tangible and intangible features.
- Place (distribution): location. (Chapter 9 – p. 174)
- Promotion: informing your customers (advertising, merchandising and public relations). (Chapter 9 – pp. 171-173 Figures 9.4 / 9.5)
- Price: most flexible element, pricing policies, tiered pricing (house, up-sell and premium brand)
- Process: internal and external procedures, mechanisms for service delivery.
- Physical evidence: interior and exterior appearance (menus, floor plans etc)
- Participants: the staff
- These seven decision areas are applied to bars the following way; (chapter 9 – Figure 9.4)
Lesson 9: Sales and Marketing 9.6 Sales in the Bar - Macleod (1994) contends that ‘pleasing the customer, is a tall order, as all customers are
- different with varying interests, ideas and demands’.
- Telling is not selling: communicate with the customer to ascertain their needs, and
- personalize the sales pitch to take their expectations into account and demonstrate the
- benefits of the product or service to them.
- Selling techniques: conversation selling, over-selling, related selling, suggestion selling, selling up, silent selling. (Chapter 9 – p. 175)
- Personal selling: selling – preparation, sales play, the follow-up. (Chapter 9 – p. 176)
- What motivates customers to buy?: customer’s buy for many different
- reasons. (Chapter 9 – p. 176)
- Staff communication, rules of selling, nature of persuasion: (Chapter 9 – pp. 176-177)
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