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How Does Macy's Lemonade Develop The Marketing Mix

159 Words1 Pages
Part of the branding strategy is to develop the marketing mix. The marketing mix consists of four elements: (a) product, (b) pricing, (c) distribution, and (d) customer communication (Bovee & Thill, p. 307). Lacy's Lemonade can utilize the packaging of the product to endorse the brand. With the packaging, customers could easily identify Lacy's Lemonade products. As for price, Lacy’s Lemonade operates on a marketing objectives pricing strategy. Strategies with a core-marketing base can fulfill requirements for other marketing aspects. Through distribution, Lacy's Lemonade will expand brand availability so that customer preference is more likely to change to customer purchase (VanAuken, 2012). The distribution element creates more exposure

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