Using the Marketing Mix
An integrated marketing mix is one in which all four elements — product, price, promotion and place — are coordinated so that they support the same message, the same brand image and the same target market. Using all four elements is not the same as integrating them: a business can have a product, a price, a promotion campaign and a distribution channel and still have a mix that pulls in four different directions. Integrated means the elements are consistent with each other.
When every element tells the customer the same story, the business builds a clear brand image that people recognise and trust. Trust is what turns a first purchase into repeat purchasing, so a coordinated mix supports customer loyalty.
Consistency also gives a reason to charge more. If the product is well made, the promotion talks about quality rather than bargains, and the outlets are ones where staff can explain the product properly, then a premium price looks like part of the offer rather than an unfair mark-up. For example, a maker of sturdy commuter bikes might charge £900, promote its lifetime frame guarantee in cycling magazines, and sell only through dealers with a servicing workshop — so a rival charging £750 for a similar bike is not automatically chosen, because buyers are paying for confidence in the guarantee and the repairs.
Rivals can copy one element quite quickly, by matching a price cut or running a similar advert. Copying an integrated mix means matching several linked decisions at once, and those parts only work together, so a competitive advantage built this way tends to last longer.
Integration also reduces waste. Promotion that advertises a discount the product's quality cannot back up, or that sends customers to shops that do not stock the item, is money thrown away. When pricing, promotion and distribution all aim at the same objective, each element reinforces the others instead of cancelling them out.