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Product: Coffee shop

Pricing Strategy: The strategy to be used is Penetration. offering a new good or service at a reduced price at first to attract clients. Gaining market share and aggressively luring clients inside through low prices are the objectives.

Place: I'd probably choose a calm location for the coffee shop so that customers won't be distracted from what they are doing.

Promotion: Social media will be used to advertise the product.

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Product: Thrifted clothings

Pricing Strategy: The strategy that suited for this is Cost-plus Pricing since it needs to cover the costs associated with the high volume of stocks especially that this undergo to the customs.

Place: The product will be sold possibly nationwide that will be coming from here specifically here in Ozamiz City, Mindanao. It depends on the customers of their own willingness if they will take risks in buying it despite their location.

Promotion: The product will be promoted through the use of social media platforms. Through boosting and running an ads, it will allow our products reach our targeted audience.

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1. Product: A smartphone is a high-tech mobile device that can perform various functions such as calling, messaging, browsing the internet, taking photos and videos, playing music and games, and accessing various apps. In terms of product differentiation, smartphones can be segmented into various categories such as budget phones, mid-range phones, and premium phones. Each category offers different features and specifications that cater to different segments of the market.

2. Price: The price of a smartphone depends on various factors such as brand reputation, product features and specifications, and target market. Budget phones are typically priced under $200, mid-range phones are priced between $200-$600, and premium phones can cost upwards of $1000. The pricing strategy for smartphones can also vary depending on the product life cycle. For example, when a new model is launched, the price of the older model may decrease to make it more affordable for budget-conscious consumers.

3. Place: Smartphones are sold through various channels such as online stores, brick-and-mortar stores, and mobile carrier stores. Online stores such as Amazon and Best Buy offer a wide range of smartphones from different brands at competitive prices. Brick-and-mortar stores such as Walmart and Target also sell smartphones along with other electronic devices. Mobile carrier stores such as AT&T and Verizon offer smartphones as part of their mobile plans.

4. Promotion: Smartphones are promoted through various channels such as television advertisements, print advertisements, online advertisements, and social media marketing. The marketing messages focus on the features and benefits of the product, such as camera quality, battery life, and screen size. Companies also use celebrity endorsements and product placement in movies and TV shows to increase brand awareness and promote their products.

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Product:  Clothes industry

Pricing Strategy: It will depend on the quality.

Place: I can build a mini store outside of the house or in the market where there's a lot of people.

Promotion: I can promote this products through social media.

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Product: Churros. During our 2nd quarter performance task, the salable product is churros. A lot of students were ordering churros and keeps on coming back to our stall to buy churros.
Price: Base on the ingredients that is used/ base on the size of the product that could befit it.
Place: Stall inside the covered court since most of the students will pass there. There is a high chance that students will recognize our stall and buy the product.
Promotion: Encouraging friends to invite people they know to visit the stall. Promotion can also be done through social media like posting a story on Facebook.

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Product: Kpop Merch

Pricing Strategy - The strategy that I would use is dynamic pricing since the prices of these type of products depends on the demand of the item. There market price changes as more people want to have a certain item, thus, is advantageous since there is a chance for higher profit.

Promotion - The best way to promote / market the products is through social media marketing since most of the target market are living in the different areas of the Philippines and using social media would reach a lot of people.

Place- The product would be sold on various online platforms such as Twitter, Facebook, Shopee, and Lazada.

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Product: Fries and Burger
Pricing Strategy: Penetration strategy to study the behavior of the customers when buying the product
Place: Near schools because the target market are students because we offer student friendly prices

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Product: Accessories

Product: My product is a line of accessories, which may include jewelry, bags, belts, scarves, hats, and more. It is to make sure that the accessories are high-quality and attractive. We also offer a range of styles and designs to appeal to different tastes.

Pricing Competition: Competition-based pricing involves researching the prices of similar accessories in the market and setting your prices accordingly. This approach ensures that your prices are competitive and reflective of the value of your products.

Place: The place would be where the target audience is most likely to shop for accessories and make sure the products are available in those locations. This may include physical retail stores, online marketplaces, or an e-commerce website; also, by attending trade shows or markets to showcase your products and reach new customers.

Promotion: Products will be promoted in a way that will appeal to the target audience. Promotion may include advertising in relevant media, social media marketing, influencer partnerships, content marketing, and by offering loyalty programs or referral bonuses to encourage customers to spread the word about your business.

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Product: Auto-refilling Queer Pen. This product provides convenience to people who uses several colors of pen in their work and would not go through the hassle of carrying a number of pens for this pen is embedded with a complete set of colors, customized with the preference of the customers. Furthermore, the materials to used in the creation, and production re eco-friendly which helps promote a sustainable environment.

Price: The company producing the Auto-refilling Queer Pen will apply both the Penetration and Competitive pricing strategy in charging the consumers upon purchases. This tactic would generate a good amount of revenue in a short period.

Place: The company will outlet to physical stores, and online marketplaces to reach a wider audience. This would help broaden the reputation of the Queer pen.

Promotion: The company would leverage all types of media; broadcast, traditional, and new media to campaign and advertise the product. The company would also use LGBTQ members as ambassadors of the product. This would also help empower the Queer community.

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Product: Cake pop

Price strategy - The pricing strategy that I would probably use is the value-based strategy. Because pricing will be determined mostly by a consumer's perceived value of the goods. Pricing is determined by how much the client feels the dessert is worth.

Place - I would sell my goods at the IS Covered court or just have my classmates buy them.

Promotion - How they look and taste.

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Product: Burger and fries
Pricing strategy: I will be using competitive pricing.
Place: In Ozamiz City near schools and public areas.
Promotion: I will use social media campaign to promote my product.

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Marketing Mix 4Ps

Product: crinkles, popcorn, munchkins, and cookies

Price - I'll use competitive pricing for the price. I'll base my price on what the opposition is willing to charge.

Place - Because we completed our PT there, I used to sell my goods at the IS Covered court.

Promotion - I'll tell my customers about the product directly to promote it.

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Product: Siomai Rice

Pricing Strategy: The pricing strategy the I would probable used is the Penetration strategy. It is due to the fact the having this strategy would create brand loyalty among consumer and it would capture the market interest as there a lot of competitors in this industry, making them purcharse the said product at a low price. Upon such brand loyalty, I would then somehow increase the price with innovative products.

Place: The aforementioned product wil be sold in the streets of Ozamiz or near schools as students would most likely embrace this kind of product; for instance, they are looking for budget meal then Siomai Rice would fit their interest. Also, the environment of the business should be customer friendly, like clean and spacious environment.

Promotion: One of the marketing strategy that the business will comply is the Social Media Marketing as this would create awareness and introduction to the potential market especially that social media platforms is widely accessible for everyone. In addition, Physical Marketing would be used during the process and would have such promotional tools like tarpulin in the actual physical store.

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PRODUCT:
Coffee Shop

PLACE:
I'd probably establish the coffee shop inside the subdivision in which I lived. It has natural sights and is a peaceful place to study as well as relax with friends or family.

PRICING STRATEGY:
The strategy to be used is Penetration. I will initially charge a low price for the products until I develop customer loyalty, at which point I will raise the price.

PROMOTION:
The product will be promoted through social media.

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Product:
Hotdogs on a Bun and Nestea. They are cheap and affordable. This appeals to and allows for more potential customers due to its low price range.

Pricing Strategy:
The pricing strategy that I would use would be cost-based pricing. The Philippines is vulnerable to inflation, thus prices on ingredients and transportation/delivery would change from time to time. With cost-based pricing, I would ensure that my business is still gaining profit whilst being reasonable with the prices of my product.

Promotion:
Posting our products online and direct marketing. Posting our products online would allow us to raise product awareness to attract more potential customers while direct marketing would enable us to truly convince customers to buy the product whilst helping us understand the needs and wants of various customers which in turn, provides us with information on how to market our product better.

Place:
The product will be sold near schools or inside schools in Ozamiz for I want to capitalize on the information that schools still lack canteens. This would mean less competition and an opportunity to cement my product and establishment in those places.

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Product: Ukay Clothings

Pricing Srategy: The strategy to be used is penetration because there are already a lot of competitors in this field, and starting with a lower price at first would capture a lot of customers and make them always come back in purchasing my items rather than other's business.

Place: The product will be mainly sold in Ozamiz City but also accepts delivery from online orders.

Promotion: The product will be promoted through social media campaigns, online product posting and online live selling.

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Product - Wireless Bluetooth Earphones

Pricing Strategy- The pricing strategy used will be  Penetration pricing since there are already a lot of competitors selling the same product online. As such, setting a starting price that is lower than that of my competition's will attract more customers to purchase my product instead of theirs.

Place - The product will be sold at Online Shopping Platforms such as Shopee and/or Lazada

Promotion - The product will be promoted thru Social Media campaigns and thru Social Media Influencers but the main promotion for it will be thru customer reviews and word of mouth where they will prove the efficacy and superiority of my product which will set its aside from the similar products my competitors sell which will hopefully entice other customers to purchase my product instead of theirs.

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Product:
Pizza and Mango Tapioca

Pricing Strategy:
The pricing strategy that I would use to gain more revenue is Psychological. And in order to carry this out, I would sell promo pizzas that are “buy three, get one free.” Not only would this persuade the customers into thinking they have gained a free pizza for the price of three, but the customers who purchase this promo would also buy more in terms of quantity; thus, letting me swiftly generate more revenue. In addition to this, I would also sell my mango tapioca in a “barkada promo” wherein if people would buy six bottles or servings of my mango tapioca, they would get 3 percent off

Place:
The location where I would sell my products would be at my store located beside our house. What makes this place prone to customers is that it is located beside a church, community hospital, town hall, and as well as right in front of a school. There are many potential markets present in this location. That is why if I play my cards right, my business would be able to grow and flourish.

Promotion:
In order to promote my products, I would install a big tarpaulin that includes the products sold and the ongoing promos beside the store. Moreover, I would also ask my mother to promote my business on her Facebook account since she has over 4,500 friends. This would help my business in gaining brand exposure.

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Product: We introduced a product during our 2nd Quarter PT and it was Shawarma Fries. It was never introduced in the school before so we decided to introduce it.

Pricing Strategy: We used the pricing strategy Penetration. On our first day of selling, the price was still a bit low since we were not really sure if our customers would like it but we noticed that our customers loved it so we decided to increase our price a bit to also increase our profit.

Place: Our business took place in our school's covered court where we have a stall.

Promotion: To promote the product, we reached out to our friends and asked them to try our product and told them to also promote our product to their connections. We also use the direct selling way of promoting our product to the customers who visited our stall to personally introduce to them the Shawarma Fries.

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Product: Pastries like cakes, cupcakes, pies, cookies, and etc  .

Pricing strategy: Competitive since there are also competitors selling the same product I'll consider being fair with the pricing. Psychological would also be applicable.

Location/place: Online selling would be effective for this business since nowadays people would find it convenient and hassle free. Also, a physical store so that walk-in customers can buy. For the location, preferably in a city proper with parking space accessible to everyone with a safe environment.

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Product: The product that we introduced last time for our 2ndQ PT was waffles. The waffles had different flavors so that our customer can choose what they want to eat.
Price: We used penetration as our pricing strategy. After 3 days, we were sure that the customer will still buy our product even if it will be more expensive than the past 3 days. So, we started to increase the prices of our product to generate more profit.
Place: We had our own stall at the school's covered court.
Promotion: To promote our product, we had a free taste for the customers to know how good our product is.

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(Jewelries)
Details about the product - Jewellery or jewelry consists of decorative items worn for personal adornment, such as brooches, rings, necklaces, earrings, pendants, bracelets, and cufflinks. Jewellery may be attached to the body or the clothes. From a western perspective, the term is restricted to durable ornaments, excluding flowers for example.

(Pricing Strategies)
Value based pricing - Price based on it's perceived worth.
Competitor based pricing - Price based on competitors pricing.
Cost plus pricing - Price based on cost of goods or services plus a markup.

(Where would you sell and how will you promote the product.)
I will sale the product in both Online and physical store and I will promote the product by choosing a target audience, conduct market research and advertise.

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Food Products

The products that is sold are all foods for the pricing strat it would be competitive because there are many people that sells foods i would my products in a busy area or in a food court. I will promote the product ny doing an advertisment.