Running Head: Marketing Principles 0

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Running Head: MARKETING PRINCIPLES

MARKETING PRINCIPLES
MARKETING PRINCIPLES
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Table of Contents
Marketing mix.................................................................................................................................2

Product.........................................................................................................................................2

Price.............................................................................................................................................2

Place.............................................................................................................................................2

Promotion.....................................................................................................................................2

References........................................................................................................................................3
MARKETING PRINCIPLES
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Marketing mix

Product
Woolworths Company is selling many kinds of grocery products as the marketing mix part. All
range of products is tested as well as approved through Woolworth’s specialists in relation to
maintain the level of quality. The company has diversified the range of products (Duncan, 2018).
It has enabled the organization to cater all round requirements of consumers like a one stop outlet
for everyone.

Price
Woolworths’ leads to provide the premium brand within the chain of food, prices are mainly kept
competitive within the market. It leads to serve customer’s segment mainly preferring low prices
and premium prices (Patel, Trivedi, & Yagnik, 2020). The company works to automatically track
purchases as well as provide the fuel discounts which remain application so there is requirement
to retail receipts of paper.

Place
The company is operating huge number of stores within the nation. Organizations stores are
operated by many online platforms. The company has developed the mobile application for the
purchases. There are many retail chains which are utilizing the name of the brand. It is following
the private label brands.

Promotion
Promotion has been the importance of the organization. The company provides extensive deals
and facilities to the shoppers. It also provides the many away gift cards. This carries out the
many extensive promotions through the online media. It has different online stores as well as
provides the many discounts to attract at regular level huge crowd. The company has revamped
the website as the important ecommerce online platform supporting the customers to shop at
online level and delivery the products at home (Woolworths Group, 2020).
MARKETING PRINCIPLES
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References
Duncan. S. (2018). Woolworths new concept store aims to get customers into the habit of
shopping three times a day - and it comes with a cafe, kitchen and a price hike on staple
groceries. Retrieved on: 02 December 2021 from: https://www.dailymail.co.uk/news/article-
5972755/Woolworths-new-concept-store-aims-customers-habit-shopping-three-times-day.html

Patel, J. D., Trivedi, R. H., & Yagnik, A. (2020). Self-identity and internal environmental locus
of control: Comparing their influences on green purchase intentions in high-context versus low-
context cultures. Woolworths marketing mix Journal of Retailing and Consumer Services, 53,
102003.

Woolworths Group. (2020). Our Businesses. Retrieved on: 02 December 2021 from:
https://www.woolworthsgroup.com.au/page/about-us/our-brands

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