Discuss a purchase that you made based on product influences, price influences, promotion influences or place influences. The assignment needs to be done in the APA format. While doing this assignment, think about a company you would be interested in creating a marketing plan for. Marketing Research is a section of the marketing plan. Please submit your assignment here and it will also check originality.
Product influence
Full Answer Section
Price Influences
- Price comparison: I compared the price of the Nike Air Zoom Pegasus 39 to the price of other running shoes on the market. I found that the Nike shoes were competitively priced, and they were actually slightly cheaper than some of the other brands that I was considering.
- Value for money: I felt that the Nike Air Zoom Pegasus 39 offered good value for money. The shoes were well-made and they had a number of features that I was looking for.
- Sale: I was able to purchase the Nike Air Zoom Pegasus 39 on sale, which saved me a significant amount of money. This was a major factor in my decision to purchase the shoes.
- Free shipping: The Nike website offered free shipping on orders over a certain amount. This was an added incentive for me to make my purchase from Nike.
- Convenience: I was able to purchase the Nike Air Zoom Pegasus 39 from the Nike website. This was convenient for me because I was able to order the shoes from home and have them shipped to me.
- Brand experience: I have had positive experiences with Nike in the past, so I was confident that I would have a good experience with the Nike website.
- Product: Nike needs to continue to develop innovative products that meet the needs of their customers. They also need to ensure that their products are well-made and durable.
- Price: Nike needs to offer competitive prices for their products. They also need to offer promotions and discounts to attract customers.
- Promotion: Nike needs to use a variety of promotional channels to reach their target audience. These channels could include advertising, social media, and word-of-mouth marketing.
- Place: Nike needs to make their products available in a variety of places. This could include their own website, retail stores, and online marketplaces.
Sample Answer
I recently purchased a new pair of shoes from Nike. I had been looking for a new pair of running shoes for a while, and I had narrowed my choices down to two different pairs of Nike shoes. I finally decided to purchase the Nike Air Zoom Pegasus 39 because of the following factors:
Product Influences
- Product features: The Nike Air Zoom Pegasus 39 has a number of features that I was looking for in a new pair of running shoes. These features include a comfortable fit, a responsive cushioning system, and a durable outsole.
- Brand reputation: Nike is a well-respected brand with a long history of producing high-quality athletic shoes. I knew that I could trust Nike to provide me with a good pair of running shoes.
- Product reviews: I read a number of positive product reviews for the Nike Air Zoom Pegasus 39 before I made my purchase. These reviews confirmed that the shoes were comfortable, supportive, and durable.