Poppets Coursework task 3 – Current Marketing Mix

The marketing mix is very important for all products. The 4 P’s – Product, Price, Place and Promotion – are an integral part of a product’s marketing. If these 4 P’s are not right, the company could aim their product at the wrong market, price themselves out of the market, or not distribute enough of the product. In each case, the company would face serious problems. The 4 P’s are therefore vitally important.

        The confectionary market in general uses the 4 P’s. The product has to look appealing and obviously taste nice, as well as meeting the customer’s wants. Confectionary is a want, not a need, and therefore the product must offer something special, a Unique Selling Point to attract the customer. The packaging must be carefully designed to appeal to the target market, as impulse buying accounts for a large proportion of sales in this market. The pricing is also important in the confectionary market, as all products cost roughly the same. Confectionary is generally aimed at younger people with not as much money to spare, and so the price is very important.

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        Confectionary has to be sold in the right place, which is where distribution becomes important. If the product is not readily available, then the impulse buying public would be unable to see the product to buy it. So it is important that confectionary is sold in local shops as well as supermarkets. Finally, promotion is important so potential customers know about the product and can see what it has to offer.

        The confectionary market is dominated by several large companies – Cadbury’s, Mars and, to a lesser extent, Nestle. Each of these companies have multiple chocolate brands and one flagship ...

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