Module 1 Discussion
My Marketing Mix
We defined marketing as, âthe art and
science of getting people to spend their money on your product rather
than the other guyâs, and be happy that they did so.â Do you think
thatâs true? Does some Wizard of Oz person-behind-the-curtain get you to
buy something by manipulating you through the 7 Ps? And is âmanipulateâ
the right word for us to use? Which one of the Ps gets you to purchase â
a great price? Superior product no matter what the cost? Or are you
influenced by a cool promotion? Give an example of a product and why you
bought/buy it. Be specific in referring to the 7 Ps in your post, and
include which of the Ps is less relevant to you as well. Donât forget
that the Ps often are inter-related â there may be more than one P that
influences your decision to buy a product.Module 2 Discussion
The Good, the Bad, and the Ugly
Weâve all heard the cliché that ânice
guys finish last.â Is this true in marketing? Do firms that use good
ethical practices have an advantage or disadvantage? Do you think
consumers will pay a few cents more for non-polluting soap or
environmentally friendly food products? Even popular movies have raised
this question. In the film, âHeaven Can Wait,â Warren Beatty plays Joe
Pendleton, a former NFL quarterback who came back to life as a CEO after
a fatal accident. Joe tells his executives that he wants his company to
be the âgood guy tuna company.â Joe believed his customers would pay a
little more to not kill dolphins. This sounds good in the movies, but is
it true in real life? How about for you and your family?
Select a company that you believe has
exceptionally good or bad ethical practices. Tell your classmates if you
believe they are at an advantage or disadvantage and why. Consider the
Saint Leo core values, particularly excellence. Does the firm you
selected reflect any of them in their marketing practices? Use specific
examples to support your opinions. Donât forget to include your personal
experiences with the company and with our core values. Please type the
name of your firm in the title of your post (e.g., TOMâS SHOES) so your
classmates can easily see it. Any firm can only be used ONCE â first
come, first served!