product placement

(noun)

a form of advertising where a brand, good, or service is placed in the media, for money

Related Terms

  • minimum viable product
  • product differentiation
  • product

Examples of product placement in the following topics:

  • Changes in Placement

    • The global marketing mix comprises four main elements: product, price, placement and promotion.
    • Although product development, promotional tactics and pricing mechanisms are the most visible during the marketing process, placement is just as important in determining how the product is distributed.
    • Placement determines the various channels used to distribute a product across different countries, taking in factors such as competition and how similar brands are being offered to the target market.
    • Moreover, placement decisions must also consider the product's positioning in the marketplace.
    • Examine the rationale behind product placement from a global marketing perspective
  • Making Appropriate Changes to Product, Placement, Promotion, and Pricing

    • Today, the marketing mix--product, placement, promotion and pricing--must take into account both online and offline buyers; traditional media, and digital media.
    • Products and services are meant to satisfy customer wants and needs.
    • However, product changes can be prompted by social media activity from stakeholders outside a brand's consumer base.
    • Placement or distribution moves products from the producer to the consumer.
    • Amazon also allows companies to advertise their products by paying a fee to be listed as featured products.
  • Product, Placement, Promotion, and Price

    • Product, placement, promotion, and price are four elements of the marketing mix crucial to determining a brand's unique selling proposition.
    • Product, placement, promotion and price are the four elements of the marketing mix.
    • The marketer must also consider the product mix, which includes factors such as product depth and breadth.
    • Product breadth, on the other hand, refers to the number of product lines a company offers.
    • Product distribution (or placement) is the process of making a product or service accessible for use or consumption by a consumer or business user, using direct means, or using indirect means with intermediaries.
  • The Global Economy

    • The four "P's" of marketing–product, price, placement, and promotion–are affected as a domestic or multinational company adjusts its strategy to become a global company.
    • Product: A global company will have to tweak certain elements of its products for different markets.
    • Product positioning, including whether the product is high-end, low-cost, or middle ground, compared with competing brands also influences the ultimate profit margin.
    • Placement: Product distribution will also be determined by local and global competition, as well as the product's positioning in the marketplace.
    • Promotion: After product research, development and production, promotional tactics, such as advertising, are generally the largest line item in a global marketing budget.
  • SIVA: Solution, Incentive/Information, Value, and Access

    • The SIVA Model provides a demand and customer-centric alternative to the well-known four Ps supply side model (product, price, placement, promotion) of marketing management.
    • Solution → Product The "Product" in the four Ps model is replaced by "Solution" in order to shift focus to satisfying the consumer needs.
    • Access takes into account the ease of buying the product, finding the product, finding information about the product, and several other factors.
    • Guitars are not a 1 size suits all product.
    • Reconstruct the "Four "Ps" supply side model (product, price, placement and promotion ) to create "SIVA" (solution, information/incentives, value and access), a customer centric alternative
  • Defining Business Marketing

    • Business marketing includes all activities involved in communicating the value of a business's products and services to another business.
    • Business marketing is the practice of individuals or organizations (i.e., commercial businesses, governments, and institutions) promoting and selling products and/or services to other organizations.
    • These organizations resell or use these products and services to support their operations.
    • Companies that act as suppliers or manufacturers may also integrate other business products into their own product offering to improve performance and functionality.
    • Like business-to-consumer (B2C) marketing, business-to-business (B2B) marketing, or business marketing, relies on product, price, placement, and promotion to competitively position the product offerings, promote the brand, and efficiently use company resources.
  • Changes in Pricing

    • Pricing is the process of determining what a company will receive in exchange for its products.
    • Support a product's positioning so that it is consistent with product, promotion and placement
    • Pricing can also be affected by the cost of production (locally or internationally), natural resources (product ingredients or components), and the cost of delivery (e.g., the availability of fuel).
    • Global marketers must carefully consider how to position their product in global markets, and whether their products are considered high-end, economical or something in-between according to cultural norms and customs.
    • Placement, product and promotion work in concert with pricing in the global marketing mix.
  • Global Considerations in Branding and Packaging

    • When branding and packaging for international products, careful consideration must be placed on factors such as language, colors, customs, aesthetics and placement.
    • In Japan, black and white are colors of mourning and should not be used on a product's package.
    • Placement decisions must also consider the product's position in the market place.
    • In Canada, all product labels must appear in both official languages: English and French.
    • Discuss how language, colors, customs, aesthetics, and placement affect global branding and packaging in products
  • Sampling

    • Sampling involves providing a sample of a consumer product to consumers so that they may try said product before committing to a purchase.
    • During the product promotion process, sampling involves providing a sample of a consumer product to consumers so that they may try said product before committing to a purchase.
    • It is also possible to purchase products in small "trial size" containers.
    • While placement and word of mouth impact future purchases, sampling can create an almost immediate impulse purchase.
    • Samples are either free handouts, trial sizes, or coupons for consumer products provided to consumers in the hope that they will eventually purchase the product.
  • Organic Enantiomers

    • Enantiomers share the same chemical structure and bonds but differ in the placement of atoms such that they are mirror images of each other.
    • They share the same chemical structure and chemical bonds, but differ in the three-dimensional placement of atoms so that they are mirror images, much as a person's left and right hands are.
    • Similarly, the D-form of glucose is the main product of photosynthesis and the L-form of the molecule is rarely seen in nature.
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