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3 pages/≈825 words
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Level:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
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Topic:

Marketing Strategy—Product/Service (Essay Sample)

Instructions:

Your marketing mix is a detailed description of the 4 Ps: product, price, place and promotion. For this assignment, focus on your product or service. Revisit your
new product/service idea and describe for your audience what it is that you wish to bring to market. If it is a product, expand on your description of the product, its
functionality, and customer benefits. If it is a service, describe the service offering so that readers understand what they would receive. It is important to remember that by
definition, a product is anything that can be offered to a market for use or consumption that will satisfy a need or want in that marketplace. Products also include services,
events, places, organizations, ideas, or persons. Products can be either tangible or intangible.

source..
Content:


Marketing Mix
Your Name
Subject and Section
Professor’s Name
January 3, 2021
Understanding the importance of market fit in providing new services is important for the business’ success. It provides an insight into how to create a ‘need-oriented’ service that could cater to a new consumer segment or improve the one provided to its current market. In this article, the author would like to focus on elaborating his new service, which is ‘self-service kiosks’ in Walmart stores. This includes the various functionalities and format that the consumers would receive and the benefits that it would provide the company. All in all, the author believes that the new product is crucial for improving the company’s relationship with one of its niche markets.
Self-Service Kiosks
The self-service kiosk includes both digital and infrastructural changes that would allow blind consumers to have an easier and better experience with shopping.
Locating goods and making payments
On the one hand, the self-service kiosks are most automated and connected with the web. First, with this service, blind customers could easily locate the products that they need and check prices with the help of their mobile application. The application can easily be opened through voice-prompt (i.e., through the use of Google Assistant) by the user. Subsequently, the user can just tap the product near his mobile device and an audio response will provide important information such as (1) the name of the product, (2) its brand, (3) other essential information (i.e., manufacturing date, expiry date), and (4) the price. Accordingly, the user can also command the application to provide a ‘price comparison’ between the product and other similar ones to

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