ACTIVITY 2 MARKETING STRATEGIES RAMIREZ Docs

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Integrated Business Course

Activity 2

Name: John Paul Christian Ramirez Section / Campus: BSTM-1B


Student No. 20201010-M Date: March 24, 2021
Question:
1. The marketing concept emphasizes satisfying customer needs and wants. How does
marketing satisfy your needs as a college student? Are certain aspects of your life
influenced more heavily by marketing than others? Provide examples.
 In my opinion, Marketing had influenced certain aspects of my life because it has
to do with my daily living and how I execute a day in my life. Marketing as we all
know that when we say the word marketing, the first thing that will come to your
mind is business. We deal business in our daily life. And when we talk about
business it is not just about selling or buying goods that we are usually doing. It
has also Marketing because when we deal with each other needs, we constantly
do this. We trade money as payment for the product ot item that we are
purchasing. And for like for example in our daily life, we always need to buy food
for a day to provide our necessities. And that has a lot to do with marketing as the
seller market and promote his/her products to the customers and that’s how they
earn money. And you as a buyer, you’ll should be more observant and careful of
the products or items before you buy. That’s how I think that Marketing concept
had influenced the aspects of each and everyone of us.

2. One of your friends is contemplating opening a coffee shop near your college campus.
She seeks your advice about size of the prospective customer base and how to market the
business according to the four Ps. What strategies can you share with your friend to
assist in launching the business?
 In my opinion, first! the idea of constructing of coffee shop near the school was
an absolutely yes for me. Because us college students we usually take coffee in the
evening or even in the morning class for us to stay active and attentive. And while
evening we take coffee break for our reviews for our midterms or finals. And for
the advice and business strategies that my friend need, I can say that we both
know that college students near UCC are scholars. They took the scholarship in
this university for them to save money and be practical in life. So the idea concept
that first comes to my mind is that their product should be student friendly.
Because if students has a discount, they won’t hesitate to buy the product as their
daily needs. The second idea that I think that will provide my friend the good 
idea to launch the business is that making a survey. Since the customers were
mostly students, we must know first their taste and their budgetary preference.
And this is how I think will be the strategies for putting up a small business for a
fresh start.

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