Marketing Mix

532 Words2 Pages

Marketing Mix
Conglom Foods
Action-Cal

Product

The product life cycle of all Conglom Foods products has had a very large success rate. The overall product life of Action-Cal should follow in the ranks of the other Conglom Foods products.

1. During the development stage, Action-Cal seemed to be a hit overnight. All tests with the consumer were overwhelming. There was not really an introduction stage. Action-Cal has gone straight into a growth spurt. It has hit the market rapidly and the profits are growing steadily.

2. The design, packaging, and branding was simply taken care of. The design team of Conglom Foods has designed a great product to heighten the strength and look of the product. The packaging was simply done using the equipment that is used to manufacture the other fine products of Conglom Foods. The branding (Action-Cal) fits this product, with the overnight success.

Price

The price set for Action-Cal has been evenly matched with the competition (Hershey Chocolate Milk). Although the income growth so far for Action-Cal has out succeeded a competitor’s product in the first six months, the pricing has been set at a dynamic pricing plan. Conglom Foods uses this model to offer the best value to out customers while still making a healthy profit. As the growth drops, price-adjustment strategies will be put into place.

Place

We have placed Action-Cal only in a few s...

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