Comparison of Elements’ of A Marketing Mix By Shellone Reynolds Marketing Principles & Problems Mktg 311 with Dr. Glassman INTRODUCTION The purpose of this paper is to identify my understanding of eight popular Companies utilizing the Marketing Mix. Top Management needs to make the right decisions for the right benefit results depending on their accurate goals set. My research in this paper shall highlight the portfolio compositions and customer acceptance of eight well-known companies. TABLE OF CONTENTS Introduction ....................................................................................................................... 1 Walmart ............................................................................................................................. 1 Target.................................................................................................................................. 2 Salvation Army ................................................................................................................... 3 Family Dollar ...................................................................................................................... 4 Macy’s ................................................................................................................................ 5 Christian Lacrosse .............................................................................................................. 5 TJ Max ................................................................................................................................ 5 JC Penny ............................................................................................................................. 6 MARKETING MIX OF 8 COMPANIES Appendix 1 Appendix 2 Table 1 1 Appendix 2 2 Product Walmart Target Salvation Family Macy’s Army Dollar Christian Lacroix TJ Max JC Penny -Retail sales -Variety -Brand Name -Services -Variety -Retail sales -Variety -Retail sales -Retail sales -Brand Name Retaining, mass merchandis ing, everyday essentials and fashionable , differentiat ed merchandis e at discounted prices and credit card. unique stiles and furniture pieces Continuum of care resources, integrated services. Used merchandise and second hand goods at reduced price. Used clothing, used furniture and bedding, books, kitchenware and home furnishings, jewelry and accessories, electronics General merchandi se chain retail discount -Retail sales -Brand Name -Services -Features -Quality -Retail Sales -Brand Name -Variety -Quality Below market At Market Below market Below market Above Market Value for $, negotiates for lower marketing cost Strategic alliances with other businesses. Sustain low prices to remain competitive . Publically traded. Price matching Difficult economic climate, affordable Everyday low price strategy Mid-range pricing for middle class and upper class Wide range, grocery retailer, clothing, food, stationary, strong brand name themselves Price 3 -Retail sales -Variety -Design -Brand Name -Quality -Design -Services -Retail sales Diversity of merchandise , popular brand, lifestyle and retail Apparel & accessories, glamorous expensive looking dramatic clothes, lifestyle & retail for women Above Market Extremely expensive Quality -Design Retail .designe r brands, Above Market Midrange to expensi ve Appealing organized store, brand name, retail technology, clothing, salon, optical, portrait photograph y, custom decorating service, family apparel, jewelry, shoes, accessories and home furnishings At Market Fluctuating prices Place Convenience Local and mall based sizes, retailer channel Retail segment with optical, pizza hut, portrait studio and Starbucks Scattered few locations Promotion Strategic alliances on specific markets, offer credit, free ship-to-store pickup from internet shopping or online retailing Online shopping kiosks instore, Appearanc e of stores. Exclusive partnership with designers. Target RED card, Target Visa and Target Card National and local government support, support of faith based org. and nonprofits, free bus tickets, free books to children, partnerships with local schools and churches 4 Small stores, few locations scattered, regional chain of variety stores, negative residential property values Merchand ise expansion, great brand recall ad presence Chain of mid-range department stores Urban upper class location Middle and upper middle class location s multi chain stores local and global Department store multiple locations Good recall and quality service, shipment globally, promote environment al causes, Couture line with French detailing, global to celebrities, ecommerce, fashion houses and retail chains ecommer ce and global, bulk designer clothes, credit card fraud affected reputati on Catalog, internet WORKS CITED There are no sources in the current document. 5