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Company: PepsiCo Brief overview of the Company plus the product or service you chose and the target market (to remind us of the situation) Discuss
Company: PepsiCo
- Brief overview of the Company plus the product or service you chose and the target market (to remind us of the situation)
- Discuss the Marketing Mix (4Ps)
- Product- What are the product features and how are they geared towards the target market
- Price- What is the pricing strategy the company is employing? (skimming, penetration, psychological, etc. )
- Place- What place strategy is the company employing? (intensive, selective, exclusive) and why?
- Promotion- what kinds of media (TV, radio, search engine, internet) and promotional tactics (sales, coupons, trade shows, sales people, etc.) is the company using to reach their target audience.
- Discuss the environmental variables the company is facing. Cover all of the following
- Political/legal- Describe how the political/legal environment affects the company (think about laws and regulation that affect you, even what administration is in power and how that affects you)
- Social/cultural- how things like changes in family size, more women in the workforce, people getting married later, more divesr population setcs, etc) affect the business.
- Competitive/Technological- what technological changes are happening that may affect the business? Who is your competition and how do they affect you?
- Economic- what is the state of the economy (recession, expansion, etc) and how does that affectthe business?
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